Gläs — Rental Market Data

Gläs at 25 Oxley Street has two active listings as of August 31, 2026, with asking rents ranging from $2,200 to $2,500 per month, an average of $2,350, and a median of $2,350. Both available suites average 475 square feet at a combined asking rate of $5.02 per square foot, and the entire active inventory consists of one-bedroom layouts at 100 percent share. The current selection leans toward compact entry-level one-bedroom suites rather than multi-bedroom executive configurations, with the smaller 400-square-foot unit anchoring the low end and the 550-square-foot unit setting the ceiling.

The sole active layout at Gläs is the one-bedroom tier, with two units representing 100 percent of available inventory. Both one-bedroom listings average $2,350 per month across 475 square feet at $5.02 per square foot, with the smaller unit at 400 square feet asking $2,200 ($5.50 per square foot) and the larger at 550 square feet asking $2,500 ($4.55 per square foot). No two-bedroom, three-bedroom, or studio units are currently on the market, making this a limited two-unit selection within a single bedroom category.

Gläs's two active listings span a $300 spread from a minimum entry rent of $2,200 per month to a peak asking rent of $2,500 per month, a 13.6 percent range. The median asking rent sits at $2,350 per month, splitting the spread evenly between the two units. The entry-level suite is a 400-square-foot one-bedroom at $5.50 per square foot, while the peak offering is a 550-square-foot one-bedroom at $4.55 per square foot, meaning the larger unit delivers a meaningfully lower rate per square foot despite the higher absolute rent.

Active den premiums and square-footage deltas at Gläs cannot be quantified from the current two-unit sample, as no paired den versus non-den comparisons exist in the available inventory. Parking stall costs also cannot be reliably isolated from active listings due to an insufficient paired sample, though historical lease data confirms a verified parking add-on of $125 per month for tenants who secured a stall through closed transactions. Renters should confirm current parking availability and pricing directly with the leasing office before signing a lease.

Gläs's active asking average of $2,350 per month and $5.02 per square foot sits well below the Entertainment District submarket asking benchmark of $3,542 per month and $5.53 per square foot. The building's rate per square foot is 9.2 percent below the submarket asking average, a gap that persists even after accounting for the 475-square-foot average suite size versus the larger footprints typical of the broader district inventory. Gläs represents two out of 153 available listings in the Entertainment District, or roughly 1.3 percent of total submarket active inventory, making it a niche but competitively priced option for one-bedroom seekers.

Gläs realized an average lease rent of $2,560 per month over the trailing year, which is $207 below the four-comp benchmark of $2,767 and names Charlie, Hudson, and King Charlotte as the primary active competitors. Charlie at 8 Charlotte Street (0.05 km) closed 10 leases averaging $3,155 per month at $4.54 per square foot across 695 square feet, placing the subject $595 lower on a nominal rent basis. Hudson at 438 King Street West (0.06 km) recorded 11 closed leases at $2,795 per month, $4.25 per square foot, and 666 square feet, with the subject trading $235 below that mark. King Charlotte at 11 Charlotte Street (0.08 km) also closed 11 leases averaging $2,768 per month at $5.67 per square foot over 505 square feet, keeping the subject $208 lower in absolute rent. The Charlotte at 36 Charlotte Street (0.05 km) logged a single closed lease at $2,350 per month, $3.62 per square foot, and 650 square feet, making it the only comp where the subject commands a higher monthly rent at $210 above that figure.

Gläs offers a competitive rate of $4.21 per square foot across 625 average interior square feet, positioning it at a discount to three of four active nearby alternatives while carrying a premium over the oldest comp in the set. Against Charlie, the subject trades at a $0.33 per square foot (7.3 per cent) discount and provides 70 fewer interior square feet, meaning the lower nominal rent is driven partly by a smaller footprint rather than a weaker asset valuation. Versus Hudson, the per-square-foot gap narrows to just $0.04 (0.9 per cent) with 41 fewer square feet, making the two buildings nearly rate-equivalent on a space-adjusted basis. King Charlotte presents the sharpest contrast: the subject trades at a $1.46 per square foot (25.7 per cent) discount yet delivers 120 more interior square feet, so a renter pays less monthly for a meaningfully larger unit. The Charlotte, the sole comp where the subject commands a premium, carries a $0.59 per square foot (16.3 per cent) higher rate with 25 fewer square feet, reflecting its 2002 construction date and thinner amenity layer.

Gläs provides a four-item amenity package—Concierge & Security, Gym & Fitness Centre, Party & Lounge Room, and Meeting Room—that is a strict subset of every competitor in this immediate cluster. Charlie layers on an Outdoor Pool, Sauna & Steam Room, Yoga Studio, Rooftop Terrace, Espresso Bar, Library & Reading Room, Music Room, Dining Room & Kitchen, BBQ Area, and Games & Billiards Room; Hudson adds Sauna & Steam Room, Media & Theatre Room, Dining Room & Kitchen, BBQ Area, Rooftop Terrace, and a Garden & Courtyard; King Charlotte contributes an Outdoor Pool, Rooftop Terrace, BBQ Area, and Car Share Space. No signature amenity at Gläs is absent from its peers, and the building's lifestyle offering is the most restrained in the set. This lean, no-frills profile—focused on essential fitness, a shared lounge, and a meeting space—best serves cost-conscious young professionals and small households who prioritize a lower monthly outlay and a compact, low-maintenance living arrangement over resort-style recreational facilities.