For SaleCondo Apt · ApartmentMLS® #C14170536 · TRREB MLS®
3505-180 University Ave, Toronto, Ontario
Bay Street Corridor, Toronto, Ontario M5H 0A2
- Bedrooms
- 2+1
- Bathrooms
- 3
- Type
- Condo Apt
- Basement
- None
$2,188,000
Estimated market value
About 3505-180 University Ave
3505-180 University Ave is a 2+1-bedroom, 3-bathroom condo in Bay Street Corridor, Toronto, listed for sale at an asking price of $2,188,000 (MLS® C14170536).
Welcome To Suite 3505 At The Shangri-La Residences - A Beautifully Appointed 2 Bedroom + Den, 3 Bathroom Suite Spanning An Impressive1,746 SF. This Layout Represents One Of The Most Desired Plans In The Building, Boasting A North-Western Exposure With Sweeping City Views. The Elevated Chef's Kitchen, Designed By Boffi, Features Integrated Miele & Sub Zero Appliances, A Gas Cook Top, Stone Countertops & An Oversized Island - Seamlessly Flowing Into Generous Principal Living & Dining Spaces. Two Well-Proportioned Bedrooms, Each Appointed With Their Own Marble-Clad Ensuite Bathrooms, Alongside A Spacious And Versatile Den - Ideal As A Home Office Or Optional 3rd Bedroom, Perfectly Suited For Evolving Lifestyle Needs. 1 Underground Parking Included. Enjoy Daily Access To The Five Star Hotel Amenities: 24 Hr. Concierge, World-Renowned Spa, Indoor Pool, Sauna, State Of The Art Fitness Centre, With Valet & Visitor Parking Available. Perfectly Positioned In The Heart Of Downtown Toronto, Just Steps From The PATH, Financial District, Major Hospitals, And The City's Premier Dining, Shopping &Entertainment Destinations - Offering Unparalleled Connectivity & Convenience.
Insights
Condition Score
Fair4 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall−$8,813/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 39 condos with 3 bedrooms for lease in Bay Street Corridor right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
Key facts
- Tax
- $11,206 / 2025
- MLS® number
- C14170536
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 1600-1799 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Listing history
Buy/sell history for 3505-180 University Ave, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
Dates and closing prices are shown to signed-in members.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date Start— | — | $2,188,000 | — | For Sale | C14170536 |
Members see the full history. Prices are hidden from signed-out visitors.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kishan Patel for a full comparative market analysis.
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Bay Street Corridor
- Municipality
- Toronto
Building
- Size
- 1600-1799 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 2+1
- Bathrooms
- 3
- Bathroom Details
- 1 × 5pc Main, 1 × 3pc Main, 1 × 2pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- Yes
- Den
- No
- Family room
- No
- Extras
- All Light Fixtures & Window Coverings Included. Integrated Kitchen Appliances: Fridge, Microwave, Dishwasher, Stove/Cooktop, Range Hood. Stacked Washer, Dryer. 1 Parking.
- Condo maint.
- $2,096
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 4.45 × 6.35 m | Combined W/Dining, hardwood floor, W/O To Balcony | Main |
| Dining | 4.45 × 6.35 m | Fireplace, hardwood floor, Open Concept | Main |
| Kitchen | 2.8 × 4.85 m | B/I Appliances, Centre Island, Modern Kitchen | Main |
| Breakfast | 3.11 × 3.02 m | hardwood floor, Window Flr to Ceil | Main |
| Den | 3.6 × 2.71 m | hardwood floor, Pocket Doors, Separate Rm | Main |
| Primary | 4.83 × 3.69 m | 5 Pc Ensuite, Broadloom, W/I Closet | Main |
| 2nd Br | 3.38 × 3.38 m | 3 Pc Ensuite, Broadloom, Large Closet | Main |
| Laundry | 2.11 × 2.5 m | Laundry Sink, Separate Rm, Tile Floor | Main |
Map and tour
Condos for sale in Bay Street Corridor right now
- For sale now
- 181
- Median asking price
- $660K
Middle half: $529K to $929K
This home is asking 232% above the median, higher than three quarters of them.
See all homes in Bay Street CorridorAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Signals around this home
Changing nearby. 6 open development applications on this home’s street within 800 m.
200 UNIVERSITY AVEOfficial plan or zoning amendmentOMB Appeal
Official Plan and Zoning By-law Amendment application to facilitate redevelopment at 200 University Avenue for a 37-storey addition above the existing 16-storey heritage building for an overall height of 53-storeys. The proposal consists of 52,661 square metres of gross floor area and 622 residential units, of which 24 are proposed as affordable rental dweling units. 46 vehicle parking spaces and 363 bicycle parking spaces are proposed.
80 m away200 UNIVERSITY AVESite planOMB Appeal
Site Plan application to facilitate redevelopment at 200 University Avenue for a 37-storey addition above the existing 16-storey heritage building for an overall height of 53-storeys. The proposal consists of 52,661 square metres of gross floor area and 622 residential units, of which 24 are proposed as affordable rental dweling units. 46 vehicle parking spaces and 363 bicycle parking spaces are proposed.
80 m away100 SIMCOE STSite planUnder Review
Site Plan Approval application for a 61-storey mixed-use building having a non-residential gross floor area 22,601 square metres, and a residential gross floor area of 44,683 square metres. A total of 526 rental dwelling units are proposed. The proposed development incorporates the existing heritage building in its base. (See also: Rezoning 16 192792 STE 20 OZ / OLT Case PL171103)
120 m away211 ADELAIDE ST WSite planUnder Review
Site Plan Approval application for a 61-storey mixed-use building having a non-residential gross floor area 22,601 square metres, and a residential gross floor area of 44,683 square metres. A total of 526 rental dwelling units are proposed. The proposed development incorporates the existing heritage building in its base. (See also: Rezoning 16 192792 STE 20 OZ / OLT Case PL171103)
120 m away217 ADELAIDE ST WSite planUnder Review
Proposal for a 23-storey non-residential building having a gross floor area of 18,641 square metres.
150 m away212 KING ST WSite planUnder Review
Site Plan approval for an 80-storey mixed-use building having a non-residential gorss floor area of 75,002.35 square metres, and a residential gross floor area of 41,861.86 square metres. A total of 588 purpose built rental units are proposed.
160 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
Land transfer tax on this home
- Ontario land transfer tax
- $41,175
- Toronto municipal land transfer tax
- $41,175
- Total land transfer tax
- $82,350
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $73,875
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $2,000,000
- $32,000
- 2.5% from $2,000,000 to $2,188,000
- $4,700
- Ontario total
- $41,175
Toronto’s municipal tax uses the same brackets at this price, so it adds another $41,175.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Heritage and ravine protection
- On the Heritage Register — Part IV, by-law 163-80
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: Changes outside the house, and tree removal, may need the City’s review on top of the usual permits. Ask the City before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Permit history
27 building permits cleared at this address in the City’s file.
Interior AlterationsRevision Issued
REV 01: REMOVAL OF WALK-IN CLOSET & ADDING A PANTRY KITCHENrelocation of partition walls in condo unit
Issued November 5, 2026
SprinklersRefusal Notice
Alterations to fire sprinklers inside unit 6402
Applied May 16, 2023
Interior AlterationsClosed
Proposal for interior alterations to a residential unit in an existing residential condo - UNIT 6402
Issued March 1, 2023
Interior AlterationsClosed
Revision 01- REVISION TO PERMIT 21 181157 BLD 00 BA Interior Alterations to existing hotel lobby to accomodate a new future retail tenant
Issued January 4, 2022
Building Permit Related(MS)Closed
HVAC - Proposal for interior alterations for new coffee counter in lobby "Shangri La Cafe Giovane SLT "
Issued September 2, 2021
Building Permit Related(PS)Closed
Plumbing - Proposal for interior alterations for new coffee counter in lobby "Shangri La Cafe Giovane SLT "
Issued September 2, 2021
Interior AlterationsClosed
Interior alterations - Unit 5202
Issued May 10, 2021
Building Permit Related(MS)Closed
HVAC - Interior alterations - Unit 5202
Issued May 10, 2021
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Ogden Junior Public SchoolToronto DSB | Public · grades JK–6 | 750 m | 72%Grade 6 average |
| St Michael's Choir (Jr) SchoolToronto CDSB | Catholic · grades 1–8 · French Immersion | 1 km | 99%Grade 6 average |
| Beverley SchoolToronto DSB | Public · grades JK–8 | 1.1 km | — |
| École élémentaire Gabrielle-RoyConseil scolaire Viamonde | French-language public · grades JK–6 | 1.4 km | 96%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St Michael's Choir (Sr) SchoolToronto CDSB | Catholic · grades 9–12 | 950 m | 96%Grade 9 math |
| Heydon Park Secondary SchoolToronto DSB | Public · grades 9–12 | 950 m | 8%Grade 9 math |
| Subway Academy IIToronto DSB | Public · grades 9–12 | 1.1 km | — |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 1.7 km | 86%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| St Andrew Station | TTC subway: Line 1 Yonge-University | 200 m |
| Osgoode Station | TTC subway: Line 1 Yonge-University | 250 m |
| King Station | TTC subway: Line 1 Yonge-University | 650 m |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 650 m |
| St Patrick Station | TTC subway: Line 1 Yonge-University | 650 m |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Zoning
Zone
CR 12.0 (c8.0; r11.7) SS1 (x2333)By-law
569-2013Municipality
Toronto1 12.0
Density: total floor area is capped at 12.0 times the lot area.
2 c8.0
Commercial floor area is capped at 8.0 times the lot area.
3 r11.7
Residential floor area is capped at 11.7 times the lot area.
4 x2333
Site-specific exception 2333: this site has rules of its own, written in the by-law.
5 SS1
Standards set 1: the setback, height and coverage rules the by-law applies to this zone.
6 Where this is written
Chapter 40, section 40.10 of By-law 569-2013 · Exception 900.11.10(2333)
7 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $437,600
- Total mortgage amount
- $1,750,400
- Total interest payment
- $1,244,500
- Total purchase cost
- $3,432,500
- Mortgage payment
- $9,983/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
91%Monthly carrying cost
$13,013- Rent $4,200
- Shortfall $8,813
Rental income opens at $4,200, the median asking rent of 39 comparable homes for lease in Bay Street Corridor. Type over it with the rent you expect. This is a planning tool, not advice.
Market area · filters apply to the charts below
Similar Active Listings
Recently sold nearby
Sold prices in Bay Street Corridor are shown to signed-in members.