$3,189,000 - 180 University Avenue Unit 5003, Downtown Toronto
Condo for Sale in Downtown Toronto
New — Listed 7 days ago- MLS Number
- C13238324
- Property Type
- Condo
- Status
- active
- Days on Site
- 7
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,800 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- PSR
One Of The Most Immaculate Suites In The Iconic Shangri-La Private Residence. Experience World-Class Luxury High Above The City In This Nearly Unlived In 2-Bedroom + Den, 3 Bathroom Estate Suite Perched On The 50th Floor. Almost 2000sqft Of Living Space. Fantastic North-West Views And Spectacular Sunsets From Your Open Balcony. This Exceptional Suite Offers Refined Living With Upgraded Designer Finishes Throughout. The Gourmet Kitchen Is Beautifully Appointed With Premium Miele And Sub-Zero Appliances, Sleek Cabinetry, And Sophisticated Detailing. Massive Open Concept Living Room With Fireplace, Dining Room And Family Room. Tons Of Windows For An Abundance Of Natural Light. The Expansive Primary Retreat Features A Spa-Inspired Marble-Clad 5-Piece Ensuite And A Spacious Custom Walk-In Closet With Built-Ins. A Generously Sized Second Bedroom With It's Own Elegant 4-Piece Ensuite. The Enclosed Den Provides A Beautiful Space For A Home Office, Dining Or Guest Space With 2-Piece Bath Conveniently Located Close By. Rare Private Underground Double-Car Garage Included With Ample Storage. Enjoy The Ultimate Five-Star Lifestyle With Valet And Chauffeur Service, 24-Hour Concierge And Security, Private Residential Lobby, Access To The Exceptional Hotel Amenities Including A State Of The Art Fitness Centre With TechnoGym, Indoor Pool With Beds And Lounge Area, Hot Tub, Spa Facilities, And Premium Hotel Services Including Restaurant And Bar. Situated In One Of The Best Locations And Perfectly Positioned In The Heart Of Downtown. Seconds To The Entertainment District, Financial District, The PATH, The Finest Dining And Shopping, TTC, Subway, Streetcar Lines, Princess of Wales Theatre, Royal Alexandra Theatre, TIFF Bell Lightbox, Waterfront With Walking And Biking Paths, Scotiabank Arena, Rogers Centre, And The CN Tower.
Estimate your monthly payments for this property
Estimated Payment
$14,106.02/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 5003, Downtown Toronto / Waterfront
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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 $1772/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Downtown Toronto's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 $13,288 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.