$4,500,000 - 180 University Avenue Unit 6405, Downtown Toronto
New Construction for Sale in Downtown Toronto
New — Listed 3 days ago- MLS Number
- C13442190
- Property Type
- New Construction
- Status
- active
- Days on Site
- 3
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 3,250 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- CIREALTY
Discover unparalleled luxury at the Shangri-La Toronto in this exceptional 3,306 sq. ft. suite, boasting opulent finishes and sweeping panoramic skyline vistas. This residence comprises two bedrooms plus a den and three bathrooms, thoughtfully laid out for optimal comfort. Floor-to-ceiling windows showcase the dynamic cityscape, complemented by sunshades for privacy. Indulge in culinary pursuits with the uniquely designed kitchen equipped with top-of-the-line 'Subzero' & 'Miele' appliances. Retreat to the primary suite featuring a lavish five-piece ensuite with heated floors, marbled walls and a walk-in closet, while the second bedroom offers its own four-piece ensuite. The den, with sliding doors, serves as a versatile space for work or relaxation. A spacious laundry room adds functional convenience. This suite includes a private 2-car garage with valet service for seamless parking. Live the quintessential Toronto lifestyle in the heart of the Financial and Entertainment Districts, with exclusive access to the world-class amenities of Shangri-La Hotel, including a Wellness Spa, Fitness Center, Pool, Hot Tub, and fine dining establishments. More than a residence, it is a statement of elevated living.
Estimate your monthly payments for this property
Estimated Payment
$19,905.02/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 6405, 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 $1385/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.
Larger Home Realities
At 3,250 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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 $18,750 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.