ADDRESS: 180 University Avenue, Unit 2305
NEIGHBOURHOOD: Bay Street Corridor
AGENTS: Dylan Donovan and Robbyn Hayden, Bayshore Realty Inc.
PRICE: $7,200/month
THE PLACE: A two-bedroom corner suite on the 23rd floor of the Shangri-La, the luxury hotel and condo tower that opened at University and Adelaide in September.
BRAGGING RIGHTS: The tower’s residents have access to the hotel’s amenities, including the pool, hot tub, sauna, conference areas and screening room. Most importantly, you can also order room service, effectively eliminating the argument over whose turn it is to cook.
BIG SELLING POINT: The city’s case of Momofuko fever has translated into long queues at David Chang’s restaurant complex. Living upstairs means you can put your name on the list at Noodle Bar, then chill out at home while you wait for your table.
POSSIBLE DEAL BREAKER: Scrooges will have to put up with the Santa Clause parade every Christmas as the master bedroom looks out on the procession’s route down University.
BY THE NUMBERS:
• $7,200/month
• 1,746 square feet
• 23 floors up
• 9-foot ceilings
• 3 bathrooms
• 2 bedrooms
• 1 terrace
• 1 den
• 1 laundry room
• 1 parking space
188597 The second bedroom’s ensuite 180 University Avenue, Unit 2305 180 University Avenue, Unit 2305 https://torontolife.com/wp-content/uploads/2013/01/feb13-180-University-Ave-Toronto-11-96x96.jpg https://torontolife.com/wp-content/uploads/2013/01/feb13-180-University-Ave-Toronto-11.jpg https://torontolife.com/wp-content/uploads/2013/01/feb13-180-University-Ave-Toronto-11.jpg 624 416 [] https://torontolife.com/real-estate/condomonium-180-university-avenue/slide/feb13-180-university-ave-toronto-11/ feb13-180-university-ave-toronto-11 0 0
188596 The second bedroom has a double-closet and its own ensuite bathroom 180 University Avenue, Unit 2305 180 University Avenue, Unit 2305 https://torontolife.com/wp-content/uploads/2013/01/feb13-180-University-Ave-Toronto-10-96x96.jpg https://torontolife.com/wp-content/uploads/2013/01/feb13-180-University-Ave-Toronto-10.jpg https://torontolife.com/wp-content/uploads/2013/01/feb13-180-University-Ave-Toronto-10.jpg 624 416 [] https://torontolife.com/real-estate/condomonium-180-university-avenue/slide/feb13-180-university-ave-toronto-10/ feb13-180-university-ave-toronto-10 0 0
188595 Carrera marble dominates the master ensuite. The shower has a rain head and the soaker tub is extra-deep 180 University Avenue, Unit 2305 180 University Avenue, Unit 2305 https://torontolife.com/wp-content/uploads/2013/01/feb13-180-University-Ave-Toronto-09-96x96.jpg https://torontolife.com/wp-content/uploads/2013/01/feb13-180-University-Ave-Toronto-09.jpg https://torontolife.com/wp-content/uploads/2013/01/feb13-180-University-Ave-Toronto-09.jpg 624 416 [] https://torontolife.com/real-estate/condomonium-180-university-avenue/slide/feb13-180-university-ave-toronto-09/ feb13-180-university-ave-toronto-09 0 0
188594 The master bedroom looks over University Avenue. It has a walk-in closet and an ensuite bathroom 180 University Avenue, Unit 2305 180 University Avenue, Unit 2305 https://torontolife.com/wp-content/uploads/2013/01/feb13-180-University-Ave-Toronto-08-96x96.jpg https://torontolife.com/wp-content/uploads/2013/01/feb13-180-University-Ave-Toronto-08.jpg https://torontolife.com/wp-content/uploads/2013/01/feb13-180-University-Ave-Toronto-08.jpg 624 416 [] https://torontolife.com/real-estate/condomonium-180-university-avenue/slide/feb13-180-university-ave-toronto-08/ feb13-180-university-ave-toronto-08 0 0
188593 Den 180 University Avenue, Unit 2305 180 University Avenue, Unit 2305 https://torontolife.com/wp-content/uploads/2013/01/feb13-180-University-Ave-Toronto-07-96x96.jpg https://torontolife.com/wp-content/uploads/2013/01/feb13-180-University-Ave-Toronto-07.jpg https://torontolife.com/wp-content/uploads/2013/01/feb13-180-University-Ave-Toronto-07.jpg 624 416 [] https://torontolife.com/real-estate/condomonium-180-university-avenue/slide/feb13-180-university-ave-toronto-07/ feb13-180-university-ave-toronto-07 0 0
188589 Kitchen 180 University Avenue, Unit 2305 180 University Avenue, Unit 2305 https://torontolife.com/wp-content/uploads/2013/01/feb13-180-University-Ave-Toronto-03-96x96.jpg https://torontolife.com/wp-content/uploads/2013/01/feb13-180-University-Ave-Toronto-03.jpg https://torontolife.com/wp-content/uploads/2013/01/feb13-180-University-Ave-Toronto-03.jpg 624 416 [] https://torontolife.com/real-estate/condomonium-180-university-avenue/slide/feb13-180-university-ave-toronto-03/ feb13-180-university-ave-toronto-03 0 0
188588 Kitchen 180 University Avenue, Unit 2305 180 University Avenue, Unit 2305 https://torontolife.com/wp-content/uploads/2013/01/feb13-180-University-Ave-Toronto-02-96x96.jpg https://torontolife.com/wp-content/uploads/2013/01/feb13-180-University-Ave-Toronto-02.jpg https://torontolife.com/wp-content/uploads/2013/01/feb13-180-University-Ave-Toronto-02.jpg 624 416 [] https://torontolife.com/real-estate/condomonium-180-university-avenue/slide/feb13-180-university-ave-toronto-02/ feb13-180-university-ave-toronto-02 0 0
188587 The kitchen has Italian cabinets designed by Boffi and a long breakfast bar 180 University Avenue, Unit 2305 180 University Avenue, Unit 2305 https://torontolife.com/wp-content/uploads/2013/01/feb13-180-University-Ave-Toronto-01-96x96.jpg https://torontolife.com/wp-content/uploads/2013/01/feb13-180-University-Ave-Toronto-01.jpg https://torontolife.com/wp-content/uploads/2013/01/feb13-180-University-Ave-Toronto-01.jpg 624 416 [] https://torontolife.com/real-estate/condomonium-180-university-avenue/slide/feb13-180-university-ave-toronto-01/ feb13-180-university-ave-toronto-01 0 0
188592 Living room 180 University Avenue, Unit 2305 180 University Avenue, Unit 2305 https://torontolife.com/wp-content/uploads/2013/01/feb13-180-University-Ave-Toronto-06-96x96.jpg https://torontolife.com/wp-content/uploads/2013/01/feb13-180-University-Ave-Toronto-06.jpg https://torontolife.com/wp-content/uploads/2013/01/feb13-180-University-Ave-Toronto-06.jpg 624 416 [] https://torontolife.com/real-estate/condomonium-180-university-avenue/slide/feb13-180-university-ave-toronto-06/ feb13-180-university-ave-toronto-06 0 0
188598 Living room and dining room. The floors are blond-herringbone 180 University Avenue, Unit 2305 180 University Avenue, Unit 2305 https://torontolife.com/wp-content/uploads/2013/01/feb13-180-University-Ave-Toronto-intro-96x96.jpg https://torontolife.com/wp-content/uploads/2013/01/feb13-180-University-Ave-Toronto-intro.jpg https://torontolife.com/wp-content/uploads/2013/01/feb13-180-University-Ave-Toronto-intro.jpg 656 416 [] https://torontolife.com/real-estate/condomonium-180-university-avenue/slide/feb13-180-university-ave-toronto-intro/ feb13-180-university-ave-toronto-intro 0 0
188590 The suite is available fully furnished. The main living area has an open plan<br />
180 University Avenue, Unit 2305 180 University Avenue, Unit 2305 https://torontolife.com/wp-content/uploads/2013/01/feb13-180-University-Ave-Toronto-04-96x96.jpg https://torontolife.com/wp-content/uploads/2013/01/feb13-180-University-Ave-Toronto-04.jpg https://torontolife.com/wp-content/uploads/2013/01/feb13-180-University-Ave-Toronto-04.jpg 624 416 [] https://torontolife.com/real-estate/condomonium-180-university-avenue/slide/feb13-180-university-ave-toronto-04/ feb13-180-university-ave-toronto-04 0 0
188591 This two-bedroom is on the 23rd floor of the Shangri-La. Hotel perks, including room service and access to the pool, hot tub and sauna, are available to the tower’s residents 180 University Avenue, Unit 2305 180 University Avenue, Unit 2305 https://torontolife.com/wp-content/uploads/2013/01/feb13-180-University-Ave-Toronto-05-96x96.jpg https://torontolife.com/wp-content/uploads/2013/01/feb13-180-University-Ave-Toronto-05.jpg https://torontolife.com/wp-content/uploads/2013/01/feb13-180-University-Ave-Toronto-05.jpg 624 416 [] https://torontolife.com/real-estate/condomonium-180-university-avenue/slide/feb13-180-university-ave-toronto-05/ feb13-180-university-ave-toronto-05 0 0
Why do you guys even post things like this? As if anyone who’s not a complete moron would pay more than half what those borderline-sociopathic real estate agents are asking.
mind boggling what some with pay in rent
SMH… people wonder why TO real estate market could be headed for a fall ? Thanks to crappy realtors.. and I bet they will tell you that its worth $7200 cause its furnished with all these high end appliances and furniture?! crazy!!!
I agree the TO real estate market is absurd but assuming a sale value of $900/sqft (premium building), this is a not-too-crazy cap rate of 5.4%. I mean, it is a 1,750 sqft apartment in a high-profile, brand-new building. That said, I don’t care for the unit or location.
Its not the realtors that ‘make’ the market – call them middle men – the market pays and that’s what ‘makes’ the market. And yes – there are all expense paid exec’s out there that cover these rents that make more sense to the accounts than purchasing – particularly when you take tax shelters/deductions into considerations. I feel like the demographic that actually looks at these listings in TL is middle income (or lower) and just peeking over the fence so-to-speak.
The furniture is cheap… that’s all.
I think this is a beautiful condo, in a great location and in a beautiful new building; a building with some character. This is not expensive if you consider the cost of the suite was probably somewhere north of $1.5 mil and it is turn key. A month in an equivalently decked out hotel with all the same amenities would cost you $15k+. Check out the cost of similar accommodations in downtown Manhattan, London or Tokyo.
The kitchen and bathrooms don’t look like anything I have seen in other Toronto condo developments. I love it. I just wish I could afford it. Furniture looks like Restoration Hardware type stuff; hardly cheap.
Way overpriced. You can’t compare this to similar accommodations in NYC, London or Tokyo because Toronto doesn’t offer what those cities have. I pay high rent to live in NYC because of the city, not the quality of the apartment. Granted, this is a luxury, pre-furnished condo, but I wouldn’t pay anything over $4000 for it.
“BIG SELLING POINT: Living upstairs means you can put your name on the list at Noodle Bar, then chill out at home while you wait for your table.” – right, because $7,200/month is a bargain to be the first to eat fancy noodles and dark meat in broth…
Sure, but any “similar” accommodation you would stay at in either of the cities you mentioned would have some character, unlike Toronto’s downtown core which is virtually abandoned after 6 pm.
What’s the draw? A restaurant in the lobby? I don’t think it justifies the price.