One32 — Rental Market Data

One32 at 132 Berkeley Street has three active listings as of August 31, 2026, with asking rents ranging from $1,930 to $3,165 per month, an average of $2,505, and a median of $2,420. The three available suites average 483 square feet and carry an asking rate of $5.25 per square foot. Inventory is evenly split across three layout tiers—Studio, one-bedroom, and two-bedroom—so the current offering spans compact entry-level studios through multi-bedroom executive layouts rather than concentrating in a single bedroom category.

One32's active inventory is evenly distributed, with one unit each in the Studio, one-bedroom, and two-bedroom tiers, giving every layout a 33.3 percent share of available listings. The Studio at 400 square feet asks $1,930 per month at $4.83 per square foot, the one-bedroom at 400 square feet asks $2,420 at $6.05 per square foot, and the two-bedroom at 650 square feet asks $3,165 at $4.87 per square foot. Each tier represents a single listing, so renters in any given bedroom category face a one-unit choice with no alternative options within the building.

One32's three active listings span a $1,235 dollar spread from a minimum entry rent of $1,930 to a peak asking rent of $3,165 per month, a 64 percent range. The median asking rent sits at $2,420 per month. The entry-level suite is a 400-square-foot Studio priced at $4.83 per square foot, while the peak offering is a 650-square-foot two-bedroom at $4.87 per square foot, meaning the top-tier unit commands a higher total rent despite a marginally lower per-square-foot rate due to its larger footprint.

Active den premiums at One32 cannot be quantified, as no paired den-versus-no-den listings exist in the current inventory to isolate a marginal cost per square foot. Parking stall costs likewise cannot be reliably isolated from the available data, as the paired sample is insufficient to produce a defensible premium figure. Renters should contact the leasing office directly for current parking and den configuration pricing.

One32's active asking average of $2,505 per month and $5.25 per square foot compares to the St. Lawrence submarket asking benchmark of $2,934 per month and $4.51 per square foot, placing the building 16.4 percent above the submarket on a per-square-foot basis. The nominal monthly rent at One32 is lower than the submarket average, but that gap narrows when accounting for suite size: the building's 483-square-foot average footprint is larger than what the submarket rate implies, so the per-square-foot premium is the more accurate comparison metric. One32 accounts for three out of 116 available listings in the St. Lawrence submarket, a 2.6 percent share of total active inventory.

One32's average realized lease rent of $1,855 per month sits $399 below the four-comparable benchmark of $2,254 and $803 below the broader St. Lawrence submarket average of $2,658. East Fifty Five at 55 Ontario Street (0.14 km, 18 closed leases) averaged $2,376 per month at $4.46 per square foot across 552 square feet, placing One32's realized rent $521 lower. East United Condos at 120 Parliament Street (0.17 km, 31 closed leases) averaged $2,317 per month at $4.24 per square foot over 565 square feet, with One32 trading $462 below that mark. home. Power + Adelaide at 48-50 Power Street (0.22 km, 35 closed leases) posted the highest comp rent at $2,723 per month, $4.05 per square foot, and 688 square feet, leaving One32 $868 lower in absolute terms. Home on Power at 52 Power Street (0.21 km) recorded only one closed lease at $1,600 per month, $4.00 per square foot, and 400 square feet; with a single transaction it serves as a limited-sample reference rather than a reliable pricing benchmark, and One32's realized rent runs $255 above that figure.

One32's leased rate of $4.64 per square foot across an average 400-square-foot suite commands a per-square-foot premium over every active nearby competitor while delivering a lower total monthly rent, a trade-off driven entirely by the building's smaller interior footprint rather than weaker asset valuation. Against East Fifty Five (0.14 km), One32 trades at a $0.18 per square foot (4.0%) premium yet provides 152 fewer interior square feet, so the $521 lower nominal rent reflects the reduced footprint, not a discount in space value. Versus East United Condos (0.17 km), the subject carries a $0.40 per square foot (9.4%) premium and 165 fewer square feet, compressing the $462 rent gap into a smaller suite. Against home. Power + Adelaide (0.22 km), One32 commands a $0.59 per square foot (14.6%) premium while providing 288 fewer square feet, which explains the $868 lower absolute rent despite the higher rate per unit of space. Home on Power (0.21 km) is the one comp where footprints align at 400 square feet; here One32's $0.64 per square foot (16.0%) premium and $255 higher rent represent a genuine rate advantage on identical space, though the single-lease sample limits confidence in that comparison.

One32 offers an eleven-item amenity package anchored by a rooftop terrace, garden and courtyard, gym and fitness centre, meeting room, business centre, library and reading room, party and lounge room, BBQ area, shared laundry room, concierge and security, and Zipcar parking—positioning it as a mid-range lifestyle building that trails the wellness-heavy 2020-to-2022 cohort on aquatic and spa features. East Fifty Five differentiates with an outdoor pool and dining room and kitchen that One32 lacks, while East United Condos layers in a sauna and steam room, yoga studio, pet wash station, games and billiards room, media and theatre room, music room, hobby room, and wellness zone—none of which appear in One32's offering. home. Power + Adelaide similarly fields an outdoor pool, sauna and steam room, yoga studio, pet wash station, dining room and kitchen, artists' workshop, and change rooms that the subject does not provide. One32's distinguishing features relative to all four peers are its library and reading room, Zipcar parking arrangement, and the combination of a dedicated business centre with a meeting room in a 2013-era building, a package that suits cost-conscious young professionals and small-business operators in the St. Lawrence corridor who value remote-work infrastructure and communal outdoor space over resort-style wellness amenities.