$1,999,900 - 180 University Avenue Unit 2209, Downtown Toronto
Condo for Sale in Downtown Toronto
98 days on market- MLS Number
- C12865392
- Property Type
- Condo
- Status
- active
- Days on Site
- 98
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,600 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- RE/MAX REALTY SERVICES INC.
Shangri-La Hotel & Residences In The Heart Of Toronto's Financial And Entertainment Districts. This Extensively Upgraded 1,683 Sq Ft South-East Corner Suite Offers 2 Bedrooms + Enclosed Den And 2.5 Baths With Breathtaking, Unobstructed Views Of The CN Tower, Toronto Skyline, And The Vibrant Core Of The City. Featuring Brand New Hardwood Flooring Throughout, A Custom-Built Bar Seamlessly Integrated Into The Designer Boffi Kitchen With Bespoke Shelving, And Premium Miele& Sub-Zero Appliances. The Large Primary Bedroom Showcases A Custom-Built Walk-In Closet And A Stunning 5-Piece Ensuite Finished In Carrara Marble Countertops And Floors, Complete With A Full Soaker Tub And Separate Glass-Enclosed Shower. Each Bedroom Features Its Own PrivateEnsuite Bath, Offering Elevated Comfort And Privacy. The Den Is Enclosed With Sleek Glass Doors, Creating A Fully Separate Executive Office Or Optional Third Bedroom. The Dining Room Is Elevated With Custom Versace Wallpaper, While The Living Area Is Anchored By A Statement Marble Fireplace. Residents Enjoy 24-Hour Concierge, Valet, Doorman Service, And Access To Five-Star Hotel Amenities Including Lobby Bar, Full-Service Spa, Fitness Centre, Yoga & Spin Studios, Indoor Pool, Hot Tub, And In-Suite Hotel Services.
Estimate your monthly payments for this property
Estimated Payment
$8,846.23/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Downtown Toronto / Waterfront
Downtown Toronto / Waterfront is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Downtown Toronto / Waterfront
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Downtown Toronto / Waterfront offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
180 University Avenue Unit 2209, Downtown Toronto / Waterfront
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1250/sqft, this property is priced above the Downtown Toronto average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 98 days on site, this property has exceeded the typical selling timeline for Downtown Toronto. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $8,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.