180 University Ave 5005
Bay Street Corridor, Downtown Toronto, M5H 0A2
FOR SALE
$1,360,000
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Property Description
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.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-12-22 | 2024-01-28 | 37 | $1,095,000 | $1,075,000 | Sold |
| 2019-12-20 | 2019-12-31 | 11 | $1,250,000 | $1,213,000 | Sold |
Extras
24HR concierge & valet parking, hotel amenities, spa, gym, hot tub, indoor pool, Miele oven,sub-zero wine fridge, and double freezer.
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$5,744 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
180 University Ave 5005 is a 1-bedroom 1-bathroom condo listed for sale at $1,360,000, which is $794,016 (140.3%) higher than the average sold price of $565,984 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $13,085 (2.3%) compared to the previous 30 day period (July 17 - August 15) and down $49,802 (8.1%) from the same time one year ago.Inventory Change
There were 1,473 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 16 - September 14), which is up 6.3% compared with the previous 30 day period (July 17 - August 15) and up 0.8% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,793) (1.7%) below asking price over the last 30 days (August 16 - September 14), which represents a $71 decrease compared to the previous 30 day period (July 17 - August 15) and ($6,422) less 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 (August 16 - September 14) stood at 34.1%, down from 35.9% over the previous 30 days (July 17 - August 15) and down from 35.6% 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 33 days when successfully sold over the last 30 days (August 16 - September 14), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with The Agency
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