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    Toronto / Downtown / City Center - Toronto

    5005 - 180 University Ave

    For SaleShangri-La
    $1,299,000
    1 Bed
    1 Bath
    1 Parking
    800 - 899 SQFT
    50 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,137/mth
    Taxes:
    $5,744 (2024)
    Cost Per Sqft:
    $1,445 - $1,624/sqft
    Locker:
    Owned
    Outdoor Space:
    None
    Exposure:
    East
    Possession Date:
    To Be Determined
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    This exquisite newly renovated one-bedroom suite offers breathtaking city views from its location in the Private Estates above the luxurious Shangri-La Hotel, making it one of the most sought-after buildings in the city! It boasts an open-concept floor plan flooded with natural light, highlighted by herringbone and marble flooring. The gourmet kitchen includes a breakfast bar island,top-of-the-line Miele appliances and brand new Bertazzoni 36' gas range top. With 10-foot ceilings and spectacular city views, it's mere steps away from the city's finest entertainment, shopping,restaurants, bars, and the financial district.

    Extras24HR concierge & valet parking, hotel amenities, spa, gym, hot tub, indoor pool, Miele oven,sub-zero wine fridge, and double freezer.

    the agencyMLS® #C9380262

    Amenities

    Party Room
    Security System
    Visitor Parking
    Gym Room
    Sauna
    Rec Room

    Explore Neighbourhood

    10/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

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    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    46,209
    Average Individual Income
    $71,441
    Average Household Size
    3 persons
    Average Age
    44
    Average Household Income
    $121,921
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    19%
    50 - 64
    21%
    65+
    18%
    Household Income
    $0 - $30,000
    47%
    $30,000+
    23%
    $60,000+
    14%
    $90,000+
    8%
    $125,000+
    5%
    Housing Types & Tenancy
    Detached
    49%
    High Rise Apartment
    22%
    Semi Detached
    14%
    Low Rise Apartment
    8%
    Duplex
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    65%
    Other
    14%
    Mandarin
    10%
    Cantonese
    8%
    Spanish
    1%
    Tagalog
    1%
    Tamil
    1%
    Education
    University and Above
    34%
    High School
    25%
    College
    16%
    None
    16%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    24%
    Architecture & Engineering
    21%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    7%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    5%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Shangri-La vs The City Center - Toronto Area

    Building Trends At Shangri-La

    Days on Strata

    Units at Shangri-La spend an average of
    50
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in City Center - Toronto

    Turnover of Units

    On average, each unit is owned for
    5.8
    YEARS before being sold again

    Property Value

    -14%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 9 condos in the City Center - Toronto area

    Sold Units

    16
    Units were Sold over the past twelve months

    Rented Units

    57
    Units were Rented over the past twelve months

    Best Value Rank

    Shangri-La offers the
    ?
    best value out of 9 condos in the City Center - Toronto neighbourhood

    Appreciation Rank

    Shangri-La has the
    ?
    highest ROI out of 9 condos in the City Center - Toronto neighbourhood

    Rental Yield

    Shangri-La yields the
    ?
    highest rent prices out of 9 condos in the City Center - Toronto neighbourhood

    High Demand

    Shangri-La is the
    ?
    most popular building out of 9 condos in the City Center - Toronto neighbourhood

    Transaction Insights at 180 University Avenue

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$1,025,000 - $1,100,000$1,560,000$1,668,000 - $2,260,000$1,760,000 - $2,825,000No DataNo Data
    Avg. Cost Per SqftNo Data$1,308$1,476$1,240$1,286No DataNo Data
    Avg. Wait for Unit AvailabilityNo Data54 Days134 Days39 Days71 Days133 Days298 Days
    Ratio of Units in Building1%24%10%38%25%3%2%

    Transactions vs Inventory

    Total number of units listed and sold in City Center - Toronto