One Sherway - Tower I — Rental Market Data

At One Sherway - Tower I, active inventory stands at 2 listings as of August 31, 2026, offering a price range of $2,450 to $2,990 per month with an average and median asking rent of $2,720 per month. Active listings average 650 square feet at an asking rate of $3.77 per square foot across 55 days on market. The dominant layout share is split evenly between 1-Bedroom + Den and 2-Bedroom configurations, providing balanced options for prospective tenants.

The dominant active layout at One Sherway - Tower I is the 1-Bedroom + Den, accounting for 1 listing and a 50% inventory share. The 1-Bedroom + Den tier averages $2,450 per month across 650 square feet at $3.77 per square foot, though this represents a single listing sample tier. The remaining 50% of active inventory consists of a single 2-Bedroom suite asking $2,990 per month.

One Sherway - Tower I features a minimum entry rent of $2,450 per month and a peak asking rent of $2,990 per month, creating a dollar spread of $540 or 22%. The median asking rent sits at $2,720 per month. The entry-level option consists of a 1-Bedroom + Den suite measuring 650 square feet at $3.77 per square foot, while the peak suite is a 2-Bedroom layout.

One Sherway - Tower I active den premiums and square footage deltas cannot be isolated from current listing data. Active parking stall costs cannot be reliably isolated due to insufficient paired sample data, and no extreme parking fees or luxury positioning are assumed.

One Sherway - Tower I asks an average of $2,720 per month at $3.77 per square foot, compared to the Etobicoke South submarket asking benchmark of $2,689 per month at $3.90 per square foot. The building's asking rate per square foot tracks 3.3% below the wider submarket asking benchmark while representing 5.6% of active submarket inventory.

One Sherway - Tower I achieves an average lease rent of $2,543 per month, closely aligning with the overall competitive benchmark average of $2,537 per month across established local benchmarks including One Sherway - Tower II, One Sherway - The Final Tower, One Sherway - Tower IV, and Aquaview. Individual competitor performance varies by phase and scale: One Sherway - Tower II (225 Sherway Gardens Rd) reports an average lease rent of $2,881 per month at $3.61 per square foot across an average of 800 square feet; One Sherway - The Final Tower (215 Sherway Gardens Rd) averages $2,443 per month at $3.62 per square foot across 679 square feet; One Sherway - Tower IV (205 Sherway Gardens Rd) logs an average lease rent of $2,265 per month at $3.70 per square foot across 620 square feet; and Aquaview (3865 Lake Shore Blvd W) records an average lease rent of $2,557 per month at $3.41 per square foot across 753 square feet.

One Sherway - Tower I establishes its value proposition by offering an average lease rate of $3.64 per square foot across an average suite size of 718 square feet, striking a balance between the submarket average of $3.75 per square foot and the broader comp average of $3.59 per square foot. Renters evaluating the building navigate traditional trade-offs: while newer phases like One Sherway - Tower IV command a higher rate of $3.70 per square foot for more compact 620-square-foot footprints, the subject building provides larger 718-square-foot layouts that deliver greater total room volume. Conversely, when compared against Aquaview at $3.41 per square foot across 753 square feet, One Sherway - Tower I trades at a modest premium for its central Sherway location and denser master-planned amenity ecosystem.

One Sherway - Tower I delivers an extensive resort-style amenity package that outpaces many competing properties in the Etobicoke South submarket by offering a robust suite of recreational and wellness facilities. Residents enjoy signature amenities including an indoor pool, a golf simulator, a dedicated massage room, a rooftop terrace, and a comprehensive gym and fitness centre. When contrasted with nearby peers, the building matches the core offerings of One Sherway - Tower II (which adds a yoga studio) and One Sherway - The Final Tower, while significantly exceeding the amenity scope found at Aquaview, which lacks specialized indoor recreation rooms like golf simulators and dedicated massage spaces. This amenity-rich profile particularly serves professionals and downsizers seeking comprehensive on-site wellness and entertainment options without leaving the property.