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    Toronto / Downtown / City Center - Toronto

    4208 - 180 University Ave E

    For RentShangri-La
    $6,500/mth
    2 Beds
    3 Bath
    1 Parking
    1,476 SQFT
    81 Days on Strata

    Listing History

    Unit Highlights

    Possession Date:
    September 15, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    East
    Locker:
    None
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Open Concept, Walkout To Balcony
    22.08 x 14.24ft
    Dining
    Combined with Living, Fireplace, Hardwood Floor
    22.08 x 14.24ft
    Kitchen
    Granite Counter, Breakfast Bar, Hardwood Floor
    9.09 x 16.34ft

    About this Listing

    Welcome to your new home at Shangri-La, where elegance meets convenience. This exquisite condo offers a blend of modern luxury and city sophistication, featuring gleaming hardwood floors and a spacious kitchen island that's perfect for both casual meals and entertaining guests. Indulge in the top-notch amenities that come with your residence: unwind at the spa, stay fit in the state-of-the-art fitness center, or take a dip in the sparkling pool. For ultimate relaxation, enjoy the hot tub and steam room, or find your zen in the dedicated yoga room. Plus, savor culinary delights without leaving home at the renowned Momofuku restaurant, conveniently located just steps away. Experience unparalleled living in the vibrant city center your oasis of comfort and style awaits!

    ExtrasFireplace, Window Shades, Miele Stainless Steel Appliances, Gas Cooktop, B/I Oven & Microwave, Bosch Washer & Dryer.

    re/max advance realtyMLS® #C9298787

    Amenities

    Party Room
    Security System
    Visitor Parking
    Gym Room
    Sauna
    Rec Room

    Explore Neighbourhood

    10/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Similar Listings

    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%

    Price Trends

    Maintenance Fees

    Shangri-La vs The City Center - Toronto Area

    Building Trends At Shangri-La

    Days on Strata

    Units at Shangri-La spend an average of
    50
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    below
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    5.8
    YEARS before being sold again

    Property Value

    -14%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    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

    57
    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

    Transaction Insights at 180 University Avenue

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$1,025,000 - $1,100,000$1,560,000$1,668,000 - $2,260,000$1,760,000 - $2,825,000No DataNo Data
    Avg. Cost Per SqftNo Data$1,308$1,476$1,240$1,286No DataNo Data
    Avg. Wait for Unit AvailabilityNo Data54 Days134 Days39 Days71 Days133 Days298 Days
    Ratio of Units in Building1%24%10%38%25%3%2%

    Transactions vs Inventory

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