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    Toronto / Downtown / Queen West

    4902 - 180 University Ave

    For SaleShangri-La
    $1,450,000
    1 Bed
    1 Bath
    2 Parking
    800 - 899 SQFT
    3 Days on Strata
    Est Sell Timeframe
    21 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,154/mth
    Taxes:
    $5,329 (2024)
    Cost Per Sqft:
    $1,613 - $1,813/sqft
    Locker:
    Owned
    Outdoor Space:
    None
    Exposure:
    West
    Possession Date:
    October 1, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Hardwood Floor, Combined with Dining, Fireplace
    20.08 x 13.19ft
    Dining
    Hardwood Floor, Combined with Living
    20.08 x 13.19ft
    Kitchen
    Hardwood Floor, Granite Counter, Modern Kitchen
    10.6 x 8.07ft

    About this Listing

    Luxury 5 Star Hotel Living At Living' Shangri-La Toronto. LARGE ONE BEDROOM, 9 ft Ceiling, Unobstructed West View With Cn Towner, LUXURIOUS FEATURES; COUNTERTOP, Subzero & Miele Appliances, FINISHES, Five Star Hotel With 20,000 Sqft Of Amenity Space: Valet Parking, Indoor Pool, Spa,Fitness Room, Restaurant, Lounge, Business Centre, Private Theatre & Banquet Room. *Elegantly Situated On Prestigious University Ave., Surrounded By The Finest Entertainment, Cultural, Shopping, Business, Education And Dining. A Great West View Exposure *Walking Distance To Subway.

    ExtrasSub-Zero Fridge, Boffi Cabinetry, Miele Gas Cook Top, Hood Fan, B/I Oven, Microwave, Dishwasher, Washer & Dryer And Custom Closest. TWO Parking And One Locker Included.

    royal lepage new conceptMLS® #C9353937

    Amenities

    Media Room
    Indoor Pool
    Guest Suites
    Car Wash
    Visitor Parking
    Party 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
    18,483
    Average Individual Income
    $71,628
    Average Household Size
    3 persons
    Average Age
    42
    Average Household Income
    $108,396
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    20%
    50 - 64
    20%
    65+
    19%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    23%
    $60,000+
    15%
    $90,000+
    10%
    $125,000+
    5%
    Housing Types & Tenancy
    High Rise Apartment
    43%
    Semi Detached
    25%
    Detached
    24%
    Low Rise Apartment
    3%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    72%
    Mandarin
    13%
    Cantonese
    9%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Urdu
    1%
    Korean
    1%
    Education
    University and Above
    43%
    High School
    21%
    College
    15%
    None
    12%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    17%
    Social Sciences
    12%
    Health & Related Fields
    10%
    Math & Computer Sciences
    8%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    5%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Price Trends

    Maintenance Fees

    Shangri-La vs The Queen West Area

    Building Trends At Shangri-La

    Days on Strata

    Units at Shangri-La spend an average of
    43
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Queen West

    Turnover of Units

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

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 49 condos in the Queen West area

    Sold Units

    16
    Units were Sold over the past twelve months

    Rented Units

    67
    Units were Rented over the past twelve months

    Best Value Rank

    Shangri-La offers the
    ?
    best value out of 49 condos in the Queen West neighbourhood

    Appreciation Rank

    Shangri-La has the
    ?
    highest ROI out of 49 condos in the Queen West neighbourhood

    Rental Yield

    Shangri-La yields the
    ?
    highest rent prices out of 49 condos in the Queen West neighbourhood

    High Demand

    Shangri-La is the
    ?
    most popular building out of 49 condos in the Queen West 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 - $1,570,000$1,668,000 - $2,260,000$1,925,000 - $2,825,000No DataNo Data
    Avg. Cost Per SqftNo Data$1,308$1,497$1,273$1,443No DataNo Data
    Avg. Wait for Unit AvailabilityNo Data54 Days134 Days38 Days69 Days133 Days298 Days
    Ratio of Units in Building1%23%11%39%25%3%2%

    Transactions vs Inventory

    Total number of units listed and sold in Queen West