Absolute Vision - Tower Three — Rental Market Data

Absolute Vision – Tower Three has three active listings as of August 31, 2026, with asking rents ranging from $2,550 to $2,750 per month, an average of $2,633 per month, and a median of $2,600 per month. The average active suite measures 767 square feet at an asking rate of $3.46 per square foot. Two of the three listings are 2-bedroom units (66.7 percent of active inventory), while the remaining listing is a 1-bedroom plus den, meaning current availability skews toward multi-bedroom layouts rather than compact entry-level suites.

The dominant active layout at Absolute Vision – Tower Three is the 2-bedroom, with two listings representing 66.7 percent of available inventory at an average asking rent of $2,675 per month across 800 square feet and a rate of $3.36 per square foot. The 1-bedroom plus den tier holds a single listing at $2,550 per month for 700 square feet at $3.64 per square foot, making it a one-unit option with no additional depth in that category.

Absolute Vision – Tower Three offers active asking rents from a minimum of $2,550 per month to a peak of $2,750 per month, a dollar spread of $200 and a percentage spread of 7.8 percent. The median asking rent sits at $2,600 per month. The entry-level suite is a 1-bedroom plus den measuring 700 square feet at $3.64 per square foot, while the peak asking unit is a 2-bedroom at 750 square feet and $3.67 per square foot, a modest $3 per square foot differential between the two tiers.

Active den premiums at Absolute Vision – Tower Three cannot be reliably quantified, as the paired sample of den versus non-den units is insufficient to isolate a meaningful dollar delta or marginal cost per square foot. Parking stall costs likewise cannot be reliably isolated from the current active listing data, and no verified parking premium figure is available for renters to budget against.

Absolute Vision – Tower Three's active asking average of $2,633 per month at $3.46 per square foot undercuts the Mississauga City Centre submarket asking benchmark of $2,771 per month at $3.64 per square foot by 4.9 percent on a rate-per-square-foot basis. The nominal monthly rent is also $138 below the submarket average, and the building's 767-square-foot average suite is comparable in scale to surrounding city centre inventory, so the pricing advantage is not driven by a smaller footprint. Tower Three's three active listings represent 3 out of 242 total available units in the Mississauga City Centre submarket, or roughly 1.2 percent of the corridor's current rental inventory.

Absolute Vision - Tower Three's trailing-year average realized rent of $2,501 per month sits $41 below the four-comparable benchmark of $2,542, with the spread driven primarily by two 2007-era towers pricing above the subject. Absolute - Tower One at 90 Absolute Ave (0.08 km) closed 18 leases averaging $2,578 per month at $3.51 per square foot across 758 square feet, placing the subject $77 per month lower. Absolute World B - Tower Five at 50 Absolute Ave (0.1 km) recorded 27 closed leases at $2,450 per month, $3.21 per square foot, and 772 square feet, making the subject $51 per month higher than this competitor. Absolute - Tower Two at 70 Absolute Ave (0.1 km) logged 8 closed leases averaging $2,544 per month at $3.27 per square foot over 807 square feet, with the subject trading $43 per month lower. Absolute World - Tower Four at 60 Absolute Ave (0.16 km) closed 21 leases at $2,596 per month, $3.12 per square foot, and 848 square feet, positioning the subject $95 per month below this peer.

At $3.26 per square foot and 770 average square feet, Absolute Vision - Tower Three undercuts the comp-cluster average of $3.28 per square foot and 796 square feet, offering a mid-range value proposition between the two 2007 towers and the two 2012 towers. Against Absolute - Tower One, the subject trades at a $0.25 per square foot (7.1%) discount while providing 12 more interior square feet, meaning the $77-per-month lower rent reflects both a competitive rate and a larger footprint rather than a smaller unit. Versus Absolute World B - Tower Five, the subject commands a $0.05 per square foot (1.6%) premium with 2 fewer square feet, so the $51-per-month higher rent is driven by a slightly elevated rate on a marginally tighter suite. Against Absolute - Tower Two, the subject offers a $0.01 per square foot (0.3%) discount with 37 fewer interior square feet, a near-parity rate offset by a meaningfully smaller interior. The sharpest trade-off appears with Absolute World - Tower Four: the subject commands a $0.14 per square foot (4.5%) premium yet delivers 78 fewer square feet, so the $95-per-month lower nominal rent is entirely a function of the reduced interior footprint rather than a lower per-unit valuation.

Absolute Vision - Tower Three fields an 18-item amenity suite that includes a car wash bay, dedicated yoga studio, and full-time activity director—a combination no single competitor on Absolute Avenue replicates in full. While all four peers share the core aquatic and fitness package (indoor and outdoor pools, hot tub, sauna, gym, basketball court, tennis/pickleball, squash), the subject's car wash bay is absent from Tower One, Tower Five, and Tower Four, and its yoga studio is missing from Tower One and Tower Four. The full-time activity director distinguishes the subject from Tower Five, Tower Two, and Tower Four, with only Tower One matching that staffing model. Conversely, the 2012-era towers offer features the subject lacks: Tower Five adds a rooftop terrace, children's playground, pet wash station, and a dedicated lounge called The Oasis; Tower Two layers in a dining room and kitchen, indoor running track, fire table, and kids' play room; and Tower Four provides EV charging, a garden courtyard, and a rooftop terrace. The subject's lifestyle package—pairing daily-convenience services like the car wash bay with structured programming through the activity director—best serves cost-conscious young professionals and small families who prioritize convenience and guided community programming over the expanded outdoor and family-oriented amenities of the 2012 towers.