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    Toronto / Downtown / City Center - Toronto

    5605 - 180 University Ave

    For RentShangri-La
    $4,700/mth
    Price Cut: $6,000
    1 Bed
    1 Bath
    1 Parking
    900 SQFT
    69 Days on Strata

    Listing History

    Unit Highlights

    Possession Date:
    September 15, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    None
    Furnished:
    No
    Exposure:
    East
    Locker:
    None
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Electric
    Heating
    Forced Air

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    Welcome to the prestigious Shangri-La Hotel and Residences, where luxury meets exclusivity on the 56th floor of a renowned building that happens to be rent-controlled. This elegant unit is part of the Private Estates Collection, offering unparalleled privacy with separate dedicated elevators. Spanning nearly 900 sqft, this spacious 1-bedroom suite features 9 ft ceilings and floor-to-ceiling windows that flood the space with natural light.The residence boasts a fully tiled bathroom equipped with a TV-integrated mirror and a custom walk-in closet for optimal storage. Culinary enthusiasts will appreciate the top-of-the-line Miele appliances and a Sub-Zero refrigerator. Enjoy cozy evenings by the fireplace, or unwind with the included wall-mounted TV. Beyond your private sanctuary, indulge in world-class amenities and dining options that Toronto has to offer, all just an elevator ride away. Amenities include access to the Miraj Hammam Spa, health club, room service, valet parking service, 24h concierge, and doorman just to name a few! This unit also includes one dedicated parking spot for your convenience. The unit has been professionally cleaned.

    Extras1 parking spot included

    coral realtyMLS® #C9349751

    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 leased in City Center - Toronto