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    for sale
    57 Days on Strata

    2508 - 180 University Ave

    $1,498,000
    2 Beds
    3 Bath
    1 Parking
    1,430 SQFT
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    Price History


    Maintenance Fees:
    $1,716/mth
    Taxes:
    $8,967 (2024)
    Property Type:
    Condo
    Cost Per Sqft:
    $1,048/sqft
    Outdoor Space:
    Balcony
    Locker:
    None
    Possession Date:
    Oct 1
    Exposure:
    East

    Amenities

    Concierge
    Gym
    Guest Suites
    Indoor Pool
    Visitor Parking

    About this Listing

    Experience Five-Star Living at the Private Residences of Shangri-La Toronto Welcome to one of Toronto's most prestigious addresses, where timeless elegance meets the convenience of world-class hotel amenities. This sophisticated 1,430 sq. ft. two-bedroom, three-bathroom suite is impeccably designed with the highest-quality finishes and brand-new engineered hardwood throughout. The expansive open-concept living and dining area is framed by floor-to-ceiling windows, filling the space with natural light and offering sweeping, unobstructed east-facing city views from a large private terrace. The Boffi-designed kitchen is a chef's dream, featuring Miele and Sub-Zero appliances, granite countertops, and an oversized island perfect for entertaining. The primary suite easily accommodates a king size bed and boasts a spa-inspired, marble-clad ensuite with heated floors, a deep soaker tub, and a digitally controlled rain shower, along with a custom walk-in closet. A spacious second bedroom with its own ensuite and double closets ensures comfort and privacy for guests. Additional highlights include a large laundry room with extra storage, custom pot lighting throughout, and one premium parking space. Residents of Shangri-La enjoy an unmatched lifestyle with five-star hotel services and amenities, including a 24-hour concierge, valet parking, housekeeping, in-room dining, Toronto's finest fitness and pool facilities, hot tub, steam room, and the award-winning Miraj Hammam Spa by Caudalie Paris. The lobby bar and acclaimed restaurants are just an elevator ride away. Perfectly situated at the crossroads of the Financial and Entertainment Districts, and steps to the PATH, TTC, Harbourfront, Bloor-Yorkville, and Toronto's top attractions, this home offers the ultimate in luxury, location, and lifestyle.

    ExtrasSubzero Fridge/Freezer, Miele Dishwasher, Miele Oven, Miele Gas Cooktop, Miele Convection Oven, Bosch F/L Washer & Dryer, Window Coverings, All Elf's & One Underground Parking Spot

    harvey kalles real estate ltd.MLS® #C12429841

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Included
    Air Conditioning
    Included
    Water
    Included
    Parking
    Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Dimensions


    Living
    22.11 x 14.31ft
    Combined with Dining, Walkout To Balcony, Fireplace
    Dining
    22.11 x 14.31ft
    Combined with Living, Fireplace, hardwood floor
    Kitchen
    9.09 x 16.41ft
    Modern Kitchen, Breakfast Bar, Granite Counter
    Primary
    13.09 x 12.3ft
    5 Piece Ensuite, Walk-in Closet, Window
    2nd Bedroom
    11.19 x 12.01ft
    3 Piece Ensuite, Closet, Window
    Foyer
    4 x 8.2ft
    Closet
    Laundry
    8.01 x 4.99ft

    Building Spotlight

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    Walkability
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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%


    Days on Strata

    Units at Shangri-La spend an average of
    42
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    7%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in City Center - Toronto

    Turnover of Units

    On average, each unit is owned for
    5.9
    YEARS before being sold again

    Property Value

    -1%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    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

    65
    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

    Market Insights

    Transaction Insights at Shangri-La

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$900,000 - $1,380,000No Data$1,300,000 - $4,175,000$1,827,751 - $2,950,000No DataNo Data
    Avg. Cost Per SqftNo Data$1,282No Data$1,288$1,357No DataNo Data
    Avg. Wait for Unit AvailabilityNo Data56 Days130 Days40 Days70 Days266 Days298 Days
    Ratio of Units in Building1%23%11%37%26%2%1%

    Market Inventory

    Total number of units listed and sold in City Center - Toronto