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Market Data as of August 31, 2026

Absolute - Tower One — Rental Market Data

90 Absolute Ave, Mississauga, Ontario L4Z 0A3
Quick Rent Estimate
Active Suites1 Available
Type
Units
Avg Rent
1-Bedroom + Den
1
$2,600

Building Summary & Rental Market Overview

Rental market analytics and building profile as of August 31, 2026.

Building TypeCondominium
Year Completed2007
Total Suites286
DeveloperFernbrook Homes & Cityzen Development Corp.

Absolute - Tower One at 90 Absolute Ave in Mississauga City Centre is a 286-suite residential tower completed in 2007 by Fernbrook Homes and Cityzen Development Corp., currently showing one active listing against a 0.3 percent availability rate. Recent leasing activity includes six closed leases over the past 30 days at an average of $2,367 per month with a 21-day average time on market, and nine leases over the trailing 90 days averaging $2,428 per month with an 18-day average DOM.

The single active suite asks $2,600 per month at $4.00 per square foot for 650 square feet, which sits above the 90-day realized lease average of $2,428 per month and $3.64 per square foot. Current inventory skews toward a compact one-bedroom-plus-den footprint of 650 square feet, whereas historical leases averaged 758 square feet, meaning the lower nominal asking rent relative to the submarket asking benchmark of $2,771 is driven by smaller suite sizing rather than a cheaper unit rate. At $4.00 per square foot, the building's asking rate runs 9.9 percent above the submarket asking benchmark of $3.64 per square foot.

Marketing friction is minimal: zero units were delisted in the tracking window, and the single active listing has been on market for just three days. On the negotiation side, tenants have secured an average discount of $11 per month, or 0.42 percent below asking, with 16.7 percent of recent leases closing under the listed price, yielding roughly $132 in annual savings per unit. Active inventory depth is extremely thin, with the sole available unit occupying the one-bedroom-plus-den tier and no other bedroom categories currently on the market.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at Absolute - Tower One as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units1
-3 (75.0%)
Avg Asking Rent$2,600
+$150 (6.1%)
Avg Suite Size650 sf
+13 sf (2.0%)
Avg Days on Market3d
-12d (79.7%)
Avg Asking $/SF$4.00
+$0.07 (1.8%)

Active Market Insights & Questions

How has rental availability changed at Absolute - Tower One recently?

Absolute - Tower One carries one active listing as of August 31, 2026, with a single asking rent of $2,600 per month representing both the average and median. The available suite measures 650 square feet at an asking rate of $4.00 per square foot. The entire active inventory consists of one-bedroom-plus-den layouts at 100 percent share, placing the building's current availability squarely in the compact entry-level segment rather than multi-bedroom executive configurations.

What floor plans and unit layouts are currently available at Absolute - Tower One?

The dominant and sole active layout at Absolute - Tower One is the one-bedroom-plus-den, accounting for one listing and 100 percent of current inventory. That single unit asks $2,600 per month for 650 square feet at $4.00 per square foot. No other bedroom tiers—studio, one-bedroom, two-bedroom, or three-bedroom—currently have available units in this building.

What is the average asking rent and $/SF by suite size at Absolute - Tower One?

Absolute - Tower One's active availability is concentrated in a single price point of $2,600 per month, with a dollar spread of zero and a percentage spread of zero percent. The entry-level and peak suite are the same unit: a one-bedroom-plus-den measuring 650 square feet at $4.00 per square foot. With only one listing on the market, there is no internal price gradient to evaluate.

How much extra do parking spaces and dens cost at Absolute - Tower One?

Absolute - Tower One's active den premium and associated square-footage delta cannot be quantified from the current single-listing sample, as no paired comparison between den and non-den units is available. Marginal cost per square foot for the den space therefore remains uncalculated. On parking, active premiums cannot be reliably isolated from current listings due to insufficient paired sample data; however, verified historical leases at this building established a $260 per month parking stall benchmark.

How do asking rents at Absolute - Tower One compare to local and municipal benchmarks?

Absolute - Tower One asks $2,600 per month at $4.00 per square foot, compared to the Mississauga City Centre submarket asking benchmark of $2,771 per month at $3.64 per square foot. The building's lower nominal monthly rent is driven by its compact 650-square-foot suite footprint rather than a more competitive unit rate, as the per-square-foot asking price runs 9.9 percent above the submarket average. The building holds one of the 242 active listings across the Mississauga City Centre submarket, representing approximately 0.4 percent of total available inventory.

Recent Leased Transactions & Contract Prices

Recent lease transactions, absorption velocity, and the difference between landlord asking prices and actual prices agreed to by tenants at Absolute - Tower One (Data period: For the month of August 2026).

Units Leased6
Avg Leased Price$2,367
Avg Leased Size758 sf
Avg Days to Lease21d
Leased $/SF$3.75

Leased Transaction Insights & Questions

How many suites were leased at Absolute - Tower One last month, and how fast did they rent?

Absolute - Tower One closed six leases in the trailing 30 days at an average of 21 days on market, beating the Mississauga City Centre submarket benchmark of 23 days. Over the prior 90 days the building recorded nine closed leases at 18 DOM, and the full trailing year totals 18 transactions at a lifetime average of 19 DOM. Leasing turnover accelerated into August with six deals in a single month, up from four in April and five in May, while July saw a dip to three closings at a faster 12-day pace.

What is the negotiation spread between asking rents and closed lease prices at Absolute - Tower One?

Absolute - Tower One tenants negotiated an average discount of $11 per month (0.42% below asking), translating to $132 in annual savings per unit. Sixteen point seven percent of all closed leases settled under the listed asking price, confirming modest but consistent tenant leverage in this submarket. The net negotiation spread of -$11 across 18 lifetime transactions indicates landlords at this building concede slightly on price rather than hold firm, a pattern that favours prospective renters during the summer leasing window.

What are typical executed lease prices across different layouts at Absolute - Tower One?

The two highest-volume anchor layouts at Absolute - Tower One are the 1-Bedroom and 2-Bedroom, each accounting for six closed leases at average rents of $2,217 and $3,008 per month respectively, both clearing in 19 days. The 1-Bedroom tier (6 deals, moderate sample) averages $2,217 per month with a median of $2,200, a P25–P75 range of $2,125 to $2,275, an average suite size of 590 square feet at $3.78 per square foot, and 19 DOM. The 2-Bedroom tier (6 deals, moderate sample) averages $3,008 per month with a median of $2,925, a P25–P75 range of $2,750 to $3,288, an average suite size of 967 square feet at $3.16 per square foot, and 19 DOM. The 1-Bedroom + Den tier (5 deals, moderate sample) averages $2,420 per month with a flat P25–P75 range of $2,400 to $2,400, an average suite size of 640 square feet at $3.78 per square foot, and 23 DOM. The 2-Bedroom + Den tier represents an individual single transaction (1 deal) at $2,950 per month for a 1,100-square-foot suite at $2.68 per square foot, clearing in just 7 days; this is a single data point and not a broad statistical benchmark.

What measurable rent premium did suites with parking achieve in closed leases at Absolute - Tower One?

Absolute - Tower One carries a verified leased parking premium of $260 per month, confirmed across the building's closed lease transactions. This bundling pattern suggests parking is typically included in 2-bedroom and larger suites rather than offered as a standalone add-on for 1-bedroom units. Active asking parking data is inconclusive due to an unreliable outlier or insufficient paired sample, so no separate active-market parking rate can be quoted with confidence.

How does the lease-to-listing ratio at Absolute - Tower One reflect current tenant demand?

Absolute - Tower One shows a rent trajectory that peaked in May before moderating through late summer, with the 30-day average settling at $2,367 per month. April closed four deals at an average of $2,513 per month, $3.30 per square foot, and 22 DOM. May saw five closings at $2,900 per month, $3.46 per square foot, and 20 DOM. July recorded three deals at $2,550 per month, $3.42 per square foot, and a notably fast 12 DOM. August closed six leases at $2,367 per month, $3.75 per square foot, and 21 DOM, indicating landlords are trading a modest rate concession for slightly longer marketing time.

Historical Active Listings & Market Dynamics

Analyze availability, historical asking prices, price per foot ($/SF), and days on market over time. Use filters below to benchmark specific layouts.

Suite Filters
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Chart Metrics
Max 2 Plotted
Show Min / Max Range Bands
Left AxisAsking Price
Avg Asking Price
Right AxisUnits Available
Avg Units Available
Historical statistics trends for active listings
DateUnits AvailableAvg Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-04-27224006503.6937
2026-04-28224006503.6938
2026-04-29224006503.6939
2026-04-30226757003.8217
2026-05-01226757003.8218
2026-05-02226757003.8219
2026-05-03226757003.8220
2026-05-04226757003.8221
2026-05-05226757003.8222
2026-05-06226757003.8223
2026-05-07325836833.7816
2026-05-08325836833.7817
2026-05-09325836833.7818
2026-05-10325836833.7819
2026-05-11226507003.788
2026-05-12226507003.789
2026-05-13226507003.7810
2026-05-14430259143.405
2026-05-15430259143.406
2026-05-16430259143.407
2026-05-17430259143.408
2026-05-18430259143.409
2026-05-19430259143.4010
2026-05-20430259143.4011
2026-05-21330679683.249
2026-05-22124006503.6915
2026-05-23124006503.6916
2026-05-24124006503.6917
2026-05-25124006503.6918
2026-06-26122005903.73N/A
2026-06-27122005903.731
2026-06-28122005903.732
2026-06-29122005903.733
2026-06-30122005903.734
2026-07-01226008253.283
2026-07-02226008253.284
2026-07-03226008253.285
2026-07-04226008253.286
2026-07-05226008253.287
2026-07-06122005903.7310
2026-07-09125006503.85N/A
2026-07-10125006503.851
2026-07-11125006503.852
2026-07-12224506253.922
2026-07-13224506253.923
2026-07-14224506253.924
2026-07-15323676003.953
2026-07-16323676003.954
2026-07-17424506633.764
2026-07-18424506633.765
2026-07-19424506633.766
2026-07-20424506633.767
2026-07-21524606403.916
2026-07-22524606403.917
2026-07-23524606403.918
2026-07-24625427173.718
2026-07-25625427173.719
2026-07-26625427173.7110
2026-07-27625427173.7111
2026-07-28525507303.6810
2026-07-29525507303.6811
2026-07-30525507303.6812
2026-07-31424506383.9315
2026-08-01524406403.8813
2026-08-02524406403.8814
2026-08-03524406403.8815
2026-08-04623676423.7513
2026-08-05523606403.7616
2026-08-06523606403.7617
2026-08-07523606403.7618
2026-08-08523606403.7619
2026-08-09324336673.7325
2026-08-10224507003.5925
2026-08-11224507003.5926
2026-08-12127008503.1826
2026-08-13127008503.1827
2026-08-14127008503.1828
2026-08-15127008503.1829
2026-08-16127008503.1830
2026-08-17127008503.1831
2026-08-18127008503.1832
2026-08-19127008503.1833
2026-08-20127008503.1834
2026-08-21127008503.1835
2026-08-22127008503.1836
2026-08-23127008503.1837
2026-08-24127008503.1838
2026-08-28126006504.00N/A
2026-08-29126006504.001
2026-08-30126006504.002
2026-08-31126006504.003

12-Month Market Dynamics & Trend Trajectory

Absolute - Tower One has closed 18 lifetime leases at an average rent of $2,578 per month and $3.51 per square foot across an average suite size of 758 square feet, with a lifetime average of 19 days on market. The building sits in Mississauga City Centre where the submarket average lease rent is $2,522 and average DOM is 23 days, placing this tower's realized pricing slightly above the local norm while clearing marginally faster. Tenant turnover has been steady at roughly one to two deals per month over the trailing year, consistent with a 286-suite stabilized building in a high-demand central Mississauga location. Pricing discipline at Absolute - Tower One skews modestly in favour of tenants, with 16.7% of leases closing below asking and a net negotiation spread of -$11 per month (0.42%). The annualized tenant savings of $132 per unit reflect small but real landlord concessions rather than aggressive discounting. No leases closed at a premium to asking, confirming that the building's pricing strategy relies on volume and speed-to-lease rather than holding out for above-market rates.

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Historical building statistics - leased transactions

This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.

Property & transaction filters
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Latest leased insights and trends

Left AxisLeased Price
Avg Leased Price
Right AxisUnits Leased
Avg Units Leased
Historical statistics trends for leased transactions
DateUnits LeasedAvg Leased Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-05-10124006503.6945
2026-05-173323310013.3012
2026-05-24124006503.6919
2026-05-310N/AN/AN/AN/A
2026-06-070N/AN/AN/AN/A
2026-06-140N/AN/AN/AN/A
2026-06-210N/AN/AN/AN/A
2026-06-280N/AN/AN/AN/A
2026-07-05122005903.7311
2026-07-120N/AN/AN/AN/A
2026-07-190N/AN/AN/AN/A
2026-07-26227258753.2613
2026-08-02124006503.694
2026-08-09422755883.9120
2026-08-160N/AN/AN/AN/A
2026-08-23127008503.1839

Nearby Building Rental Comparables & Price Spreads

Direct rental rate comparisons against residential properties in the immediate vicinity.

Absolute – Tower One at 90 Absolute Ave sits within a tight competitive cluster of four nearby buildings in Mississauga City Centre, all completed between 2007 and 2012. The closest rival, Absolute Vision – Tower Three at 80 Absolute Ave (0.08 km, completed 2009), recorded 22 closed leases over the trailing 180 days, while Absolute – Tower Two at 70 Absolute Ave (0.09 km, completed 2007) logged 8 closed leases in the same window. Slightly farther out, Absolute World B – Tower Five at 50 Absolute Ave (0.15 km, completed 2012) generated the highest transaction volume with 27 closed leases, and 50 Absolute Towers at 4033 Hurontario Street (0.18 km, completed 2012) registered zero closed leases in the period. The subject building, completed in 2007, shares its construction era with Tower Two and predates the 2012 cohort by roughly five years, placing it in the earlier generation of the Absolute Avenue corridor. Across the three comps with realized lease data, the micro-market averages $2,499 per month, $3.24 per square foot, and 784 square feet of suite space. Absolute – Tower One's all-time leased average of $2,578 per month and 758 square feet positions it modestly above the comp mean on rent while offering roughly 26 fewer square feet than the benchmark. At $3.51 per square foot, the subject trades at a premium of 7 to 9 percent over each named competitor on a per-square-foot basis, reflecting its older construction date and a value proposition anchored in programming and professional amenities rather than raw interior volume.

80 Absolute Ave, Mississauga

Avg Asking$2,543/mo
Avg $/SF$3.30
Rent Spread:
-$57/mo (-2.2%) Lower

70 Absolute Ave, Mississauga

Avg Asking$2,655/mo
Avg $/SF$3.27
Rent Spread:
+$55/mo (+2.1%) Higher

50 Absolute Ave, Mississauga

Avg Asking$2,557/mo
Avg $/SF$3.28
Rent Spread:
-$43/mo (-1.6%) Lower

4033 Hurontario Street, Mississauga

Avg Asking$2,200/mo
Avg $/SF$3.53
Rent Spread:
-$400/mo (-15.4%) Lower

60 Absolute Ave, Mississauga

Avg Asking$2,668/mo
Avg $/SF$3.27
Rent Spread:
+$68/mo (+2.6%) Higher

3700 Kaneff Crescent, Mississauga

Avg Asking$2,833/mo
Avg $/SF$2.57
Rent Spread:
+$233/mo (+9.0%) Higher

Comparable Analysis & Questions

How do rental rates at Absolute - Tower One compare to neighbouring buildings within Mississauga City Centre?

Absolute – Tower One's all-time average lease rent of $2,578 per month sits $79 above the three-comp average of $2,499, with the spread driven primarily by premium per-square-foot pricing on a slightly smaller footprint. Absolute Vision – Tower Three at 80 Absolute Ave leases at $2,503 per month ($3.25 per square foot, 774 sq ft), Absolute – Tower Two at 70 Absolute Ave commands $2,544 per month ($3.27 per square foot, 807 sq ft), and Absolute World B – Tower Five at 50 Absolute Ave rents for $2,450 per month ($3.21 per square foot, 772 sq ft). The subject's $2,578 average therefore exceeds Tower Three by $75, Tower Two by $34, and Tower Five by $128, a spread that narrows when measured per square foot but widens in absolute dollar terms because the subject's 758-square-foot average suite is the smallest in the set.

Does Absolute - Tower One offer a competitive price-per-square-foot ($/SF) against local comparables?

Absolute – Tower One leases at $3.51 per square foot on an average 758-square-foot suite, placing it at a 7 to 9 percent per-square-foot premium over every nearby competitor while offering the least interior space in the cluster. Against Absolute Vision – Tower Three (774 sq ft at $3.25/sq ft), the subject provides 16 fewer square feet yet charges $0.26 more per square foot; versus Absolute – Tower Two (807 sq ft at $3.27/sq ft), the trade-off is 49 fewer square feet at a $0.24 per-square-foot premium; and compared with Absolute World B – Tower Five (772 sq ft at $3.21/sq ft), the subject delivers 14 fewer square feet at a $0.30 per-square-foot premium. Renters choosing the subject accept a compact footprint in exchange for a denser amenity and programming package, while those prioritizing square footage will find Tower Two's 807-square-foot suites the most spacious option in the immediate group.

How do building age, amenities, and developer reputation impact rent spreads?

Absolute – Tower One differentiates itself through a professionally managed lifestyle program and dedicated business infrastructure that several nearby competitors do not match. Where Absolute World B – Tower Five and 50 Absolute Towers both offer a rooftop terrace, outdoor children's playground, and pet wash station, the subject instead fields a full-time activity director who curates resident programming, a dedicated business centre for remote-work tenants, and a media and theatre room for private screenings—three features absent from both 2012-era towers. The subject's sports suite (basketball court, tennis and pickleball court, squash and racquetball court) also parallels its competitors' offerings, but the absence of a yoga studio, rooftop terrace, or pet wash station signals a deliberate tilt toward active adults and professionals rather than families with young children. This lifestyle package best serves career-focused renters in their late twenties to mid-thirties who value structured social programming, on-site business facilities, and a full-court sports environment over family-oriented outdoor amenities.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Absolute - Tower One.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Indoor Pool
  • Outdoor Pool
  • Hot Tub & Jacuzzi
  • Sauna & Steam Room
  • Basketball Court
  • Tennis & Pickleball Court
  • Squash & Racquetball Court
  • Party & Lounge Room
  • Meeting Room
  • Business Centre
  • Media & Theatre Room
  • Games & Billiards Room
  • BBQ Area
  • Full-time Activity Director

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Absolute - Tower One.

Snapshot Dates & Benchmark Cadence

  • Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of August 31, 2026.
  • Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (August 2026 vs July 2026), ensuring consistent baseline periods and eliminating intra-month reporting volatility.
  • Point-in-Time Daily History: Daily charts capture point-in-time active listings available on any given calendar day.

Public Data Aggregation & Thresholds

  • Public Data Aggregation: FastScreen aggregates residential rental listing and completed lease transaction records from publicly available sources.
  • Threshold Filtering: All listings are subject to a minimum monthly rental threshold of $1,000 to filter out standalone storage lockers, private parking spaces, and misclassified commercial entries from condominium statistics.

Calculation Formulations

  • Average Asking Rent: Weighted average of active asking prices across available suites in the reporting period.
  • Price Per Square Foot ($/SF): Calculated by dividing rent by square footage only for listings that provide unit dimensions (suites without stated square footage are excluded from $/SF calculations).
  • Days on Market (DOM): Measures elapsed calendar days between the date a suite is first listed and either the benchmark snapshot date (for active listings) or the finalized date leased.
  • Parking & Den Differentials: Average asking rent differences between suites with vs. without parking, and suites with vs. without a den.

Data Limitations & Scope

  • Exclusively Public Records: Statistics are derived exclusively from publicly available rental listings and completed lease records. Private direct-to-landlord arrangements, unadvertised tenant renewals, and off-market rental agreements are not captured.
  • Agreed Contract Amounts: Reported lease amounts reflect agreed contract rents and do not account for private move-in allowances or individual unit renovations that may influence pricing spreads.

Disclaimer: The information and statistics presented on this page (including asking rents, lease prices, de-listed listings, average square footage, days on market, and implied suite premiums) are aggregated from public listing sources for general informational, educational, and reference purposes only. FastScreen does not guarantee the accuracy, completeness, or timeliness of any data shown. This information does not constitute financial, investment, legal, or professional real estate advice. Users should conduct their own independent research and consult with licensed professionals before making any rental, leasing, property management, or real estate investment decisions.