Recently, advanced metering infrastructure (AMI) has been recognized as a core technology of smart water grid, and the relevant market is growing constantly. In this study, we developed all-in-one smart water meter of the AMI system, which was installed on the test-bed to verify both effectiveness and field applicability in office building water usage. Developed 15 mm-diameter smart water meter is a magneto-resistive digital meter, and measures flow rate and water quality parameters (temperature, conductivity) simultaneously. As a result of the water usage analysis by installing six smart water meters on various purposes in office building water usage, the water usage in shower room showed the highest values as the 1,870 L/day and 26.6 liter per capita day (LPCD). But, the water usage in laboratory was irregular, depending on the many variables. From the analysis of the water usage based on day of the week, the water usage on Monday showed the highest value, and tended to decrease toward the weekend. According to the PCA results and multivariate statistical approaches, the shower room (Group 3) and 2 floor man’s restroom sink (Group 1-3) have been classified as a separate group, and the others did not show a significant difference in both water use and water quality aspects. From the analysis of water usage measured in this study, the leak or water quality accident did not occur. Consequently, all-in-one smart water meter developed in this study can measure flow rate and water quality parameters (temperature, conductivity) simultaneously with effective field applicability in office building water usage.