One Sherway - The Final Tower — Rental Market Data

One Sherway – The Final Tower has four units actively listed as of August 31, 2026, with asking rents ranging from $2,200 to $3,500 per month, an average of $2,706 per month, and a median of $2,562 per month. The average active suite measures 725 square feet at an asking rate of $3.75 per square foot, and the inventory is split evenly between one-bedroom and two-bedroom layouts at 50 percent each. Current listings lean toward mid-range family-sized footprints rather than ultra-compact entry-level studios, with the smallest available unit at 550 square feet and the largest at 950 square feet.

The dominant active layout at One Sherway – The Final Tower is the one-bedroom tier, with two units representing 50 percent of available inventory at an average asking rent of $2,288 per month across 600 square feet and a rate of $3.83 per square foot. The two-bedroom tier mirrors that share with two units at 50 percent, averaging $3,125 per month over 850 square feet at $3.68 per square foot. Both tiers offer a small but genuine selection of two units each, so renters in either bedroom category have a limited but non-trivial choice set rather than a single listing.

One Sherway – The Final Tower shows an active asking spread of $1,300 per month, or 59.1 percent, between the entry-level one-bedroom at $2,200 and the peak two-bedroom at $3,500. The median asking rent sits at $2,562 per month, anchoring the mid-range of the tower's current availability. The entry suite is a 550-square-foot one-bedroom priced at $4.00 per square foot, while the top-of-range unit is a 950-square-foot two-bedroom at $3.68 per square foot, illustrating that the larger footprint carries a lower density-adjusted rate despite the higher absolute monthly cost.

Active den premiums at One Sherway – The Final Tower cannot be reliably quantified, as no paired den-versus-non-den listings are currently available to isolate the marginal cost per square foot of additional den space. Parking stall premiums are likewise unquoted; the available data set contains an unreliable outlier or insufficient paired sample, so no specific monthly parking fee can be stated with confidence. Renters should request current parking and den add-on pricing directly from the leasing office at the time of application.

One Sherway – The Final Tower asks an average of $2,706 per month at $3.75 per square foot, compared to the Etobicoke South submarket asking benchmark of $2,689 per month and $3.90 per square foot. The tower's asking rate per square foot runs 3.8 percent below the submarket average, meaning renters gain a modest density-adjusted advantage even though the nominal monthly rent is slightly higher due to the larger 725-square-foot average suite versus the submarket norm. The building currently accounts for four out of 36 active listings in the Etobicoke South submarket, representing roughly 11 percent of total available inventory in the area.

One Sherway – The Final Tower realized an average lease rent of $2,459 per month over the trailing year, sitting $103 below the four-comp benchmark of $2,562 and below the submarket average of $2,435. Against One Sherway – Tower IV (205 Sherway Gardens Rd, 0.01 km, 10 closed leases), the subject commands a $194-per-month higher rent ($2,459 vs. $2,265) while offering 65 more interior square feet at a $0.09-per-square-foot discount. One Sherway – Tower II (225 Sherway Gardens Rd, 0.11 km, 4 closed leases) closed at $2,881 per month, meaning the subject trades at a $422-per-month lower rent on a suite that is 115 square feet smaller. One Sherway – Tower I (235 Sherway Gardens Rd, 0.13 km, 7 closed leases) realized $2,543 per month, placing the subject $84 lower with 33 fewer square feet. Aquaview (3865 Lake Shore Blvd W, 2.37 km, 7 closed leases) closed at $2,557 per month, so the subject rents $98 lower despite commanding a $0.20-per-square-foot premium on a suite 68 square feet smaller.

The subject's leased rate of $3.61 per square foot across 685 average square feet places it at a slight premium to the four-comp average of $3.59 per square foot and 723 square feet, while its $2,459 monthly rent lands below the peer-set midpoint of $2,562. Versus One Sherway – Tower IV, the subject trades at a $0.09-per-square-foot discount (2.4% below the comp's $3.70 rate) yet provides 65 more interior square feet, meaning the $194 higher nominal rent is entirely a function of the larger footprint rather than a per-unit valuation premium. Against One Sherway – Tower II, the subject holds identical per-square-foot parity at $3.61 but delivers 115 fewer square feet, which explains the $422 lower monthly rent as a pure space differential. One Sherway – Tower I shows a $0.03-per-square-foot discount for the subject with 33 fewer square feet, a modest trade-off in both dimensions. Aquaview presents the sharpest contrast: the subject commands a $0.20-per-square-foot premium (5.9% above Aquaview's $3.41) while providing 68 fewer square feet, so the $98 lower nominal rent is driven by the compact footprint offsetting the higher rate.

One Sherway – The Final Tower offers a 15-item amenity suite that matches or exceeds every nearby competitor, including an indoor pool, hot tub, sauna and steam room, golf simulator, gym, rooftop terrace, library, dining room, and dedicated meeting and media spaces. The subject's Library & Reading Room is absent from One Sherway – Tower IV's 14-item package, while Tower II substitutes a Yoga Studio for the Garden & Courtyard the subject provides; Tower I carries an identical 15-amenity list, making it the closest lifestyle twin. Aquaview, by contrast, offers only eight amenities and lacks the sauna, golf simulator, media theatre, games room, library, and dining kitchen entirely. The primary renter demographic best served by this package is the young professional or small household seeking full-service resort-style living—pool access, on-site fitness, remote-work meeting rooms, and social gathering spaces—without the trade-offs found in the older or more limited neighbouring towers.