Home of the Week: $18.9 million for a two-storey penthouse condo at University and Adelaide
ADDRESS: 180 University Avenue, Penthouse 2
NEIGHBOURHOOD: Entertainment District
AGENT: Kristen Michelle Duern, Robbyn Hayden, Donna Brookes, all with Bayshore Realty Inc.
THE PLACE: Welcome to the high life, both literally and figuratively. This is one of the two penthouses that sit on the 65th and 66th floors of the swish new Shangri-La hotel and condo complex at Adelaide and University (presently under construction). With 6,700 square feet of space, plus another 2,900 square feet on the terrace, the unit is one of the biggest and most luxurious in all the new towers going up between Bloor and the lake.
BRAGGING RIGHTS: We were leaning towards the trees on the terrace or the view, but in the end settled for the private elevator. Just think: never waiting for, or having an awkward conversation in, your building’s elevator ever again.
BIG SELLING POINT: The view, which is an unobstructed panorama of the downtown landscape, like the CN Tower, Rogers Centre and all the new office buildings. Only the CN Tower, First Canadian Place and Scotia Plaza might offer more sweeping vistas. When all its 214 metres are complete, the Shangri-La will be the seventh tallest building in Toronto.
POSSIBLE DEAL BREAKER: Aside from the Tony Stark-level price tag, its proximity to downtown means you might have to walk to work rather than take the Benz or the chopper.
BY THE NUMBERS:
• $5,021.25 monthly fees
• 6,700 square feet indoor space
• 2,900 square feet of outdoor space
• 7th tallest building in Toronto
• 5 bathrooms
• 4 bedrooms
• 1 private elevator