One Sherway Tower Three is a 29-storey high-rise residential tower built in 2014 by Great Gulf Homes and Menkes Developments. The building contains 323 units in a range of configurations, from bachelor and one-bedroom layouts to larger two-bedroom suites. As a newer mid-rise condominium, it features the structural soundness and modern systems typical of early 2010s construction, with building services and maintenance managed through condo fees. The tower's height and density make it a defining landmark in the Islington-City Centre West neighbourhood, and its completion marked a shift toward more intensive residential development in this previously commercial-focused area.

One Sherway Tower Three sits in Islington-City Centre West, a mixed-use neighbourhood dominated by Sherway Gardens shopping centre and surrounded by retail corridors along Dundas Street and The West Mall. The area is highly walkable for everyday shopping, dining, and services, with most necessities within a few minutes on foot. Transit options include the Dundas West streetcar, which runs east-west and connects to downtown, and the nearby Kipling subway station on the Dundas line, providing quick access to the broader TTC network. The neighbourhood is not as hip or dense as downtown or King West, but it offers affordability and functionality for residents who want to be near major shopping and employment areas without paying downtown prices. Families and commuters appreciate the straightforward access to the highway network via The Queensway.

Units at One Sherway Tower Three typically range from 570 square feet on average, with a mix of one and two-bedroom layouts dominating the active listings. Current asking prices for sale units fall between $442,000 and $548,000, and rental rates average around $2,242 per month, making it an affordable entry point in the Toronto condo market. Before committing, prospective residents should review the condo declaration and maintenance fee schedule, as fees vary by unit size and amenity access. It's important to confirm pet policies if you have animals, check parking availability and costs, and inspect the building's reserve fund study to understand long-term financial health. The building's age and occupancy mean you're buying into an established community with established systems, which can be an advantage for reliability but also means inquiring about any ongoing capital projects or special assessments.