$2,180,000 - 180 University Avenue Unit 3906, Downtown Toronto
Condo for Sale in Downtown Toronto
- MLS Number
- C13180136
- Property Type
- Condo
- Status
- active
- Days on Site
- 20
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,800 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
Experience Five-Star Luxury Living On The 36th Floor Of The Prestigious Shangri-La Toronto. This Spectacular 1,815 sqft 2 Bedroom + Family Room Northeast Corner Residence Offers Breathtaking City Views, Abundant Natural Light, And A Rare Combination Of Luxury, Comfort, And Functionality. The Open-Concept Living And Dining Area Is Ideal For Both Everyday Living And Elegant Entertaining, Featuring Hardwood Floors, A Built-In Fireplace, And A Walk-Out To A Private Balcony Where You Can Enjoy Stunning City Views. The Chef-Inspired Kitchen Is Beautifully Appointed With Boffi Of Italy Cabinetry, Premium Sub-Zero And Miele Appliances, A Gas Cooktop, And An Oversized Kitchen Island Perfect For Entertaining. The Spacious Primary Suite Offers Blackout Blinds, A Spa-Like 5-Piece Ensuite, And A Custom Built-In Walk-In Closet. The Second Bedroom Features Exceptional Views Along University Avenue And Includes A Beautifully Appointed 3-Piece Ensuite. The Separate Family Room Provides Flexible Space For A Home Office, Media Room, Library, Or Guest Area. Enjoy Luxury Living In One Of Toronto's Most Sought-After Residences, Offering World-Class Amenities And Exceptional Service. Indulge In A Hotel-Inspired Lifestyle With Full-Service Amenities Including 24-Hour Concierge And Doorman Service, Spa Access, And Full Access To The Miraj Hammam Spa On The 5th Floor. Wellness Amenities Include A 24-Hour Fitness Centre, Yoga Studio , 20-Metre Indoor Lap Pool, Hot Tub, Infrared Sauna, And Steam Rooms. Enjoy In-Building Access To High-End Dining Options Including The Lobby Lounge, Bosk Restaurant, And Mott 32, Along With Hotel Bar And Lounge Service, Room Service, And Ace Car Wash & Detailing Conveniently Located On P1. A Rare Opportunity To Own A Sophisticated Urban Sanctuary In The Heart Of The City, Seamlessly Blending Luxury, Comfort, And Five-Star Living!
Estimate your monthly payments for this property
Estimated Payment
$9,642.88/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 3906, Downtown Toronto / Waterfront
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Rental income estimator & ROI calculator
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 $1211/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.
Market Position
At 20 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 $9,083 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.