180 University Ave 1906
Bay Street Corridor, Downtown Toronto, M5H 0A2
FOR SALE
$1,489,000
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Property Description
Exceptional, One-Of-A-Kind, one-bedroom corner suite above the Shangri-La Hotel, offering over 1,100 sq.ft. of refined living space with sweeping, unobstructed north-facing views overlooking Queens Park, Osgoode Hall, and the lush greenery along University Avenue. This unique one bedroom layout is one of the few in the building to feature a balcony. The expansive living room, kitchen, pantry and office areas provide a generous layout comparable to that of residences in the same building over 1,700 sq.ft., offering a unique blend of luxury and spaciousness rarely found in a one-bedroom home. Recent renovations include elegant new herringbone flooring throughout the living areas, bedroom, and closets, allowing for a turn-key move-in experience. The spacious five-piece marble bathroom, complete with corner windows, offers abundant natural light and a rare opportunity to enjoy stunning skyline views right from the comfort of your bathtub. Residents of Shangri-La enjoy access to some of the finest services and amenities in the city, including a 24-hour concierge and security, valet parking* (*pay-per-use), a 24-hour fitness centre, an indoor pool and hot tub, as well as sauna and steam rooms.
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Nearby Intersections
Property Features
Arts Centre, Hospital, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$6,523 (2024)
Basement
None
Exterior
Other
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (E)
Garage Type
None
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
180 University Ave 1906 is a 1-bedroom 1-bathroom condo listed for sale at $1,489,000, which is $919,764 (161.6%) higher than the average sold price of $569,236 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $1,563 (0.3%) compared to the previous 30 day period (September 21 - October 20) and down $22,277 (3.8%) from the same time one year ago.Inventory Change
There were 1,261 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 7.8% compared with the previous 30 day period (September 21 - October 20) and up 2.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,859) (1.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $855 increase compared to the previous 30 day period (September 21 - October 20) and ($13,197) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Downtown Toronto over the last 30 days (October 21 - November 19) stood at 49.5%, up from 37.0% over the previous 30 days (September 21 - October 20) and up from 31.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Chestnut Park Real Estate Limited
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