One City Hall — Rental Market Data

One City Hall has five active rental listings as of August 31, 2026, spanning $1,500 to $5,499 per month with an average asking rent of $2,690 and a median of $2,100 per month. The average active suite measures 680 square feet at an asking rate of $4.18 per square foot. Studios dominate the active mix at 40 percent of available units, while the remaining three listings split evenly across one-bedroom, two-bedroom, and two-bedroom-plus-den configurations, giving the current inventory a lean toward compact entry-level suites with a single executive outlier at the top end.

Studios are the dominant active layout at One City Hall, accounting for two of five listings and 40 percent of available inventory at an average asking rent of $2,025 per month across 400 square feet, or $5.06 per square foot. The one-bedroom tier carries a single listing at $2,400 per month for 550 square feet at $4.36 per square foot, while the two-bedroom tier offers one unit at $1,500 per month for 550 square feet at $2.73 per square foot. The premium two-bedroom-plus-den listing sits at $5,499 per month for 1,500 square feet at $3.67 per square foot, representing the building's largest active footprint.

One City Hall's five active listings span a $3,999 spread from a minimum entry rent of $1,500 per month to a peak asking rent of $5,499 per month, a 266.6 percent range. The median asking rent sits at $2,100 per month, anchored by the two studio listings. The entry-level suite is a 550-square-foot two-bedroom at $2.73 per square foot, while the peak listing is a 1,500-square-foot two-bedroom-plus-den at $3.67 per square foot, reflecting a nearly threefold difference in footprint between the lowest and highest asking rents.

Active den premiums at One City Hall cannot be reliably quantified due to insufficient paired sample data, so no dollar figure or square-footage delta can be stated for the marginal cost of den space. Verified parking stall costs from closed leases average $114 per month, but active parking premiums cannot be reliably isolated from the current listing sample, and renters should confirm parking availability and pricing directly with the leasing office.

One City Hall's active asking rent of $2,690 per month at $4.18 per square foot undercuts the Downtown Core submarket asking benchmark of $3,471 per month at $4.56 per square foot by 8.3 percent on a per-square-foot basis. The lower nominal rent versus the submarket average is partly a function of suite sizing, as the building's active average footprint of 680 square feet is modest relative to the broader core inventory, but the per-square-foot rate confirms a genuinely more competitive pricing position. One City Hall's five active listings represent approximately 2.2 percent of the 224 available units across the Downtown Core submarket.

One City Hall's one-year average realized lease rent of $2,490 per month sits $332 below the four-comp benchmark of $2,822 per month, driven primarily by its smaller average suite size rather than a weaker per-square-foot rate. Motion at 570 Bay Street (0.09 km, one closed lease) averaged $3,823 per month at $3.52 per square foot across 1,086 square feet, placing the subject $1,333 lower in nominal rent despite a higher per-square-foot rate. 126 Dundas Street (0.10 km, three closed leases) averaged $1,883 per month at $3.81 per square foot across 517 square feet, making the subject $607 higher in both total rent and per-square-foot pricing. Chestnut Park at 55 Centre Avenue (0.17 km, eight closed leases) averaged $2,738 per month at $3.83 per square foot across 785 square feet, with the subject trading $248 lower in nominal rent. Horizon on Bay at 633 Bay Street (0.24 km, 24 closed leases) averaged $2,845 per month at $3.42 per square foot across 851 square feet, placing the subject $355 lower in headline rent while commanding a materially higher per-square-foot rate.

One City Hall commands a per-square-foot premium over every active competitor in this immediate pocket while delivering a smaller interior footprint, making its lower nominal rent a direct consequence of suite size rather than a discount in asset value. Against Motion, the subject trades at a $0.75 per square foot (21.3%) premium yet provides 497 fewer interior square feet, so the $1,333 lower monthly rent is entirely footprint-driven. Versus 126 Dundas Street, the subject carries a $0.46 per square foot (12.1%) premium and 72 more interior square feet, resulting in a $607 higher monthly rent that reflects both a larger unit and a higher rate. Against Chestnut Park, the subject trades at a $0.44 per square foot (11.5%) premium with 196 fewer interior square feet, producing a $248 lower headline rent. Horizon on Bay presents the sharpest contrast: the subject commands a $0.85 per square foot (24.9%) premium while providing 262 fewer interior square feet, meaning the $355 lower monthly rent is a pure space trade-off, not a valuation discount. In every active comparison, the subject's per-square-foot rate exceeds the competitor's, confirming that renter savings at One City Hall come from accepting a more compact interior rather than from a lower market rate.

One City Hall fields a 14-item amenity suite that includes an indoor pool, hot tub and jacuzzi, sauna and steam room, business centre, shared car services, dry cleaning, and a dedicated dining room and kitchen—features that collectively distinguish it from every named competitor within 250 metres. Motion offers a gym, rooftop terrace, party lounge, and Zip Car availability but lacks any aquatic or wellness facilities, a business centre, or in-building dining. 126 Dundas Street provides only a shared laundry room, making it a bare-bones residential product with no recreational or lifestyle programming. Chestnut Park's amenity list is limited to concierge and security plus access to the adjacent Textile Museum of Canada, offering no fitness, aquatic, or social infrastructure. Horizon on Bay matches the subject on pool, hot tub, sauna, gym, rooftop terrace, and meeting room but does not include a business centre, shared car services, dry cleaning, or a dedicated dining room and kitchen. The subject's combination of aquatic wellness, remote-work infrastructure (business centre and meeting room), concierge-level services (dry cleaning, shared car services), and in-building dining positions One City Hall as the lifestyle-complete option in this pocket, best serving professional tenants who value a turnkey residential experience with on-site fitness, social, and business support without leaving the building.