One Park Tower — Rental Market Data

One Park Tower has six active listings as of August 31, 2026, spanning $2,300 to $3,500 per month with an average asking rent of $2,642 and a median of $2,475. The average suite measures 750 square feet at an asking rate of $3.52 per square foot, and the dominant layout is the one-bedroom-plus-den configuration, accounting for 50 percent of available inventory. Current listings skew toward compact entry-level and mid-size suites rather than large multi-bedroom executive layouts, with the two-bedroom tier representing just two units at 850 square feet each.

The one-bedroom-plus-den layout dominates One Park Tower's active inventory with three listings representing 50 percent of available units, averaging $2,433 per month across 717 square feet at $3.41 per square foot. The two-bedroom tier holds two listings at 33.3 percent share, both priced at $3,125 per month for 850 square feet at $3.68 per square foot, while a single one-bedroom unit at 650 square feet and $2,300 per month ($3.54 per square foot) makes up the remaining 16.7 percent.

One Park Tower's active asking rents range from $2,300 to $3,500 per month, a $1,200 spread representing 52.2 percent of the entry price point, with a median asking rent of $2,475. The entry-level suite is a 650-square-foot one-bedroom at $3.54 per square foot, while the peak listing is an 850-square-foot two-bedroom priced at $4.12 per square foot, reflecting both a larger footprint and a higher density-based rate.

One Park Tower's active den premium is quantified at $133 per month for an additional 67 square feet of den space, equating to a marginal cost of $1.99 per square foot for the extra area. Active parking stall premiums cannot be reliably isolated from the current dataset due to insufficient paired samples, so no specific monthly parking figure can be quoted with confidence.

One Park Tower's active asking rent of $2,642 per month and $3.52 per square foot both sit below the Mississauga City Centre submarket benchmarks of $2,771 per month and $3.64 per square foot, placing the building 3.3 percent under the submarket asking rate on a density basis. The nominal rent gap of roughly $129 per month is explained by One Park Tower's 750-square-foot average listing footprint being slightly smaller than the submarket's typical suite size, which compresses the monthly figure even as the per-square-foot rate remains competitive. The building represents six out of 242 active listings in the Mississauga City Centre submarket, or approximately 2.5 percent of total available inventory.

One Park Tower's all-time average realized lease rent of $2,550 per month exceeds the four-comparable blended benchmark of $2,428 per month by $122, positioning the subject above its immediate peer set on total monthly cost. Chicago Condominiums at 385 Prince of Wales Dr (0.12 km, 20 closed leases) averaged $2,255 per month at $3.74 per square foot across 621-square-foot suites, meaning the subject commands a $295-per-month higher rent than that building. Limelight – South Tower at 365 Prince of Wales Dr (0.15 km, 14 closed leases) averaged $2,404 per month at $3.55 per square foot across 699-square-foot suites, placing the subject $146 per month above that competitor. Amica at City Centre at 350 Princess Royal Drive (0.15 km, 2 closed leases) averaged $2,625 per month at $3.14 per square foot across 875-square-foot suites, meaning the subject trades at a $75-per-month lower rent than Amica. Limelight North Tower at 370 Square One Drive (0.13 km) recorded zero closed leases over the trailing 180 days and therefore has no realized rent benchmark to cite.

One Park Tower leases at $3.31 per square foot across an average 776-square-foot suite, a rate below the $3.48 per-square-foot comp average and the $3.55 per-square-foot Mississauga City Centre submarket benchmark, while delivering more interior space than two of its three active competitors. Against Chicago Condominiums, the subject trades at a $0.43-per-square-foot (11.5%) discount below the comp's $3.74 rate while providing 155 more interior square feet, so the higher nominal rent of $295 per month is driven entirely by the larger footprint rather than a per-unit valuation premium. Against Limelight – South Tower, the subject offers a $0.24-per-square-foot (6.8%) discount below the comp's $3.55 rate and 77 more interior square feet, again meaning the $146-per-month rent differential reflects additional space rather than a rate premium. Against Amica at City Centre, the dynamic reverses: the subject commands a $0.17-per-square-foot (5.4%) premium over the comp's $3.14 rate while providing 99 fewer interior square feet, so the $75-per-month lower total rent is a function of the smaller suite footprint rather than a weaker per-unit valuation.

One Park Tower fields a 16-feature lifestyle package anchored by an indoor pool, hot tub and jacuzzi, sauna and steam room, yoga studio, and a library and reading room, giving it a broader wellness-and-quiet-living profile than two of its three active competitors. Chicago Condominiums (385 Prince of Wales Dr) matches the subject on pool, hot tub, sauna, and yoga but adds a basketball court, golf simulator, rock climbing wall, and children's playground that the subject does not offer; in return, the subject provides a library and reading room, dry cleaner, internet café, and garden and courtyard that Chicago Condominiums lacks. Limelight – South Tower (365 Prince of Wales Dr) includes a spin studio, basketball court, and car-share program absent from the subject, yet it carries no indoor pool, hot tub, sauna, or library—features that define One Park Tower's aquatic and wellness identity. Amica at City Centre (350 Princess Royal Drive) differentiates with a hair salon and spa, indoor putting green, on-site café and bistro, and shuttle service, while the subject counters with a dedicated meeting room, rooftop terrace, BBQ area, and internet café that Amica does not list. This amenity mix best serves professionals and couples in their late twenties to mid-thirties who prioritize a full-service wellness floor (pool, sauna, yoga) alongside quiet work and reading spaces, without the high-energy recreational programming found at Chicago Condominiums or Limelight South.