Absolute World B - Tower Five — Rental Market Data

Absolute World B - Tower Five features 7 active listings as of August 31, 2026, with asking rents ranging from $1,500 to $3,000 per month, an average monthly rent of $2,414, and a median monthly rent of $2,600 per month. Active suites average 776 square feet at an asking rate of $3.13 per square foot. Two-bedroom layouts dominate the available inventory with a 71.4% share, causing the active selection to lean toward multi-bedroom family layouts rather than compact entry-level suites.

The dominant active layout at Absolute World B - Tower Five is the 2-Bedroom tier, accounting for 5 listings and a 71.4% inventory share. Two-bedroom units average $2,530 per month across an average of 830 square feet at $3.06 per square foot. Meanwhile, the 1-Bedroom tier provides a small selection of 2 listings representing a 28.6% share, averaging $2,125 per month across an average of 643 square feet at $3.31 per square foot.

Absolute World B - Tower Five exhibits a minimum entry rent of $1,500 per month and a peak asking rent of $3,000 per month, creating a dollar spread of $1,500 and a percentage spread of 100%. The median asking rent stands at $2,600 per month. The entry-level listing consists of a 2-Bedroom suite spanning 850 square feet at an asking rate of $1.76 per square foot, while the peak listing is also a 2-Bedroom layout spanning 850 square feet at an asking rate of $3.53 per square foot.

Absolute World B - Tower Five active listings do not currently feature quantifiable den premiums or square footage deltas. Consequently, marginal cost per square foot for extra den space cannot be isolated from current inventory. Furthermore, active parking premium data cannot be reliably isolated due to an insufficient paired sample.

Absolute World B - Tower Five asks an average of $2,414 per month at $3.13 per square foot, which trails the broader submarket asking benchmark of $2,771 per month and $3.64 per square foot. The lower nominal asking rent is driven by more compact suite sizing compared to the wider area. The building's asking rate per square foot sits 14% below the submarket asking benchmark while representing a 2.9% share of total submarket active inventory.

Absolute World B - Tower Five achieves an average lease rent of $2,502 per month, aligning closely with the broader competitor average of $2,548 per month across established local benchmarks including Absolute World - Tower Four, Absolute Vision - Tower Three, and Absolute - Tower Two. Absolute World - Tower Four at 60 Absolute Ave records an average lease rent of $2,596 per month at $3.12 per square foot across 848 square feet. Absolute Vision - Tower Three at 80 Absolute Ave averages $2,503 per month at $3.25 per square foot across 774 square feet. Absolute - Tower Two at 70 Absolute Ave registers an average lease rent of $2,544 per month at $3.27 per square foot across 807 square feet. Meanwhile, 50 Absolute Towers at 4033 Hurontario Street reflects no active lease volume in the current reporting period, though it shares the 2012 completion era.

Absolute World B - Tower Five delivers a compelling value proposition, anchoring its lease rate at $3.27 per square foot across an average suite size of 775 square feet, which trades at parity with Absolute - Tower Two and a minor $0.02 per square foot premium over Absolute Vision - Tower Three. Renters evaluating these options weigh distinct trade-offs: while older phases like Absolute - Tower Two offer marginally larger footprints averaging 807 square feet at a comparable $3.27 per square foot, the subject building provides newer layout efficiencies, reduced structural aging, and contemporary finish profiles. When compared against the wider Mississauga submarket benchmark of $3.55 per square foot, Absolute World B - Tower Five offers notable cost savings of 7% on a per-square-foot basis, making it an attractive option for tenants seeking architectural distinction without paying top-tier submarket asking premiums.

Absolute World B - Tower Five provides an extensive, resort-grade lifestyle and amenity package that matches or exceeds the offerings of its immediate neighbors in the Absolute community. Signature features at the subject building include concierge and security service, a gym and fitness centre, a yoga studio, an indoor pool, an outdoor pool, a hot tub and jacuzzi, a sauna and steam room, a basketball court, a tennis and pickleball court, a squash and racquetball court, a party and lounge room, a meeting room, a business centre, a media and theatre room, a games and billiards room, a library and reading room, a BBQ area, a rooftop terrace, an outdoor children's playground, a pet wash station, and The Oasis. When contrasted against nearby peers, the building holds its own against Absolute - Tower Two (which features an indoor running track, fire table, and kids' play room) and Absolute Vision - Tower Three (which includes a car wash bay and full-time activity director), while sharing identical access to the multi-court recreational facilities found throughout the master-planned complex. This robust amenity infrastructure particularly serves fitness enthusiasts, pet owners, and professionals desiring comprehensive recreational spaces without leaving the property.