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    180 University Avenue

    10for Sale
    9for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    49
    Number of Units:
    392
    Condo Completion:
    2012
    Condo Demand:
    Low
    Unit Size Range:
    400 - 6,700 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for Shangri-La

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    Amenities

    Security System
    Sauna
    Indoor Parking
    Media Room
    Concierge
    Party Room

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 180 University AvenueShangri-La

    The mountain paradise of Shangri-La may be a work of fiction, but this desirable condo building is anything but — stretching to 66 storeys of steel and glass at 180 University Avenue, this property takes James Hilton’s vision and makes it real… in a condo building.

    If you recognized the name as that of a well known Toronto hotel — they are one of the same, as this property doubles as a condo residence and a hotel. The first 17 floors are comprised of hotel suites, while those above belong to the condo residence; the most exclusive suites, can be found above the 50th floor.

    Because this property is also a hotel, amenities are far more extensive than what you’d find in the average condo residence: Indoor pool, sauna, business centre, media room, party room, concierge, security guard, parking garage, and visitor parking. Maintenance fees are on the high side, but if that’s a concern, you’d be wise to look elsewhere.

    There is one major drawback to this building and it could be a deal breaker for some — Shangri-La is one of the most expensive condo residences in the city, and the price per square foot is quite high, so you’re going to have to reach deep into your pockets if you're eyeing Queen West condos for sale in this building.

    The Suites

    Good news for prospective buyers — Shangri-La houses almost 400 luxury condos, all of which have spacious floor plans; suite sizes range start 679 square feet for a 1 bedroom, which could easily be a 2 bedroom unit in other modern high-rises, and suites can be as large as 4430 for a sprawling penthouse unit.

    Suites in this building take a ‘spare no expense’ approach to finishes, offering executively styled suites with wide open floor plans. Interested buyers can expect rich hardwood floors, walk-in closets, European kitchens with stainless steel appliances, marble walls in bathrooms, automated blinds, and some suites have fireplaces.

    All units have private balconies, and those with suites above the 50th floor have some of the best views in the city. For those who are keen on a penthouse, you can expect multi-floor layouts with soaring mezzanine areas and panoramic views.

    The Neighbourhood

    180 University Ave is nestled in downtown Toronto — as urban as urban gets, this incredible area places residents in the heart of the action, with Toronto’s biggest and best attractions just next door. This is an amazing neighbourhood for residents who don’t own a vehicle, because not only are there restaurants, pubs, and retail options in every direction, but there’s also 24/7 public transit to carry you anywhere you want to go.

    Toronto is renowned for its dining experience and it seems only fitting that residents of Shangri-La have some tantalizing restaurants around the corner — there’s Fune for upscale Japanese, Michael's On Simcoe for a picture perfect steak paired with an amazing wine, Pizzeria Libretto for wood-fired pizza, Drake One Fifty where the setting is as good as the food, and Marcello's Market and Deli for buffet; all of these restaurants are less than 3 blocks from the building, and there are hundreds more nearby.

    Entertainment options are plentiful, and there’s something for any taste; sports fans can walk to the Rogers Centre for the Jays or Scotiabank Arena for the Leafs and Raptors, concert goers have bars for local talent and large venues like the Sony Centre for the Performing Arts and Roy Thomson Hall for larger acts. There are also touristy attractions like the CN Tower, TIFF, The Hockey Hall of Fame, and Ripley’s Aquarium of Canada.

    Nightlife options are vast in this neighbourhood, from cozy hangouts with extensive beer menus like The Town Crier, to lively rooftop hangouts such as The Porch. Residents who crave a bustling dance floor have Cake Bar & Nightclub, Fiction, Stadium Nightclub, and more. Plus, countless microbreweries like 3 Brewers Adelaide.

    Transportation

    180 University Ave Flexes its way to a flawless 100 Walk Score — as resident of this building you can get everything done with just two feet and a heartbeat, no matter what you have on the agenda. Grocery shopping can be accomplished effortlessly, as there’s a Rabba Fine Foods less than a 2 minute walk from the front door.

    With so much urban convenience, you could forgive the Shangri-La for not having green spaces nearby… except that it does, because David Pecaut Square is just a short walk away. For residents who need a little more nature in their lives, you can make your way south for lakeside parks and the Waterfront Recreational Trail.

    When not walking, public transit will likely be your preferred method of travel — there are at least 7 bus routes with stops outside of 180 University Ave, north and southbound buses on University, and east and westbound streetcars on King. And if you need subway lines, St Andrew Station is just a few blocks south.

    There’s no way to claim a driver friendly environment — if your teeth aren’t gritted in this area of town then you must be a master of breathing exercises. Nonetheless, car owners can reach the nearest highway somewhat quickly by heading south on University to York Street for the Gardiner Expressway…expect traffic, lots and lots of traffic.

    Shangri-La Reviews

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    10

    Listings For Sale

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    9

    Listings For Rent

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    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!

    Similar condos

    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%

    Maintenance Fees

    Shangri-La vs The City Center - Toronto Area

    Days on Strata

    Units at Shangri-La spend an average of
    48
    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

    -11%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 9 condos in the City Center - Toronto area

    Sold Units

    17
    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 - $1,570,000$1,668,000 - $2,260,000$1,760,000 - $2,825,000No DataNo Data
    Avg. Cost Per SqftNo Data$1,308$1,497$1,273$1,364No DataNo Data
    Avg. Wait for Unit AvailabilityNo Data54 Days134 Days38 Days71 Days133 Days298 Days
    Ratio of Units in Building1%23%11%39%25%3%2%

    Unit Sales vs Inventory

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