5803-180 University Avenue, Toronto, ON
Bay Street Corridor, Toronto · MLS® C13845354
About this home
In short
- Serenity Above the Skyline, Experience an unparalleled level of sophistication and serenity in the Estate Residency at Shangri-La Toronto, where timeless design meets...
- This exceptional renovated private sanctuary perched on the 58th floor, high above Canada's most vibrant city, offering sweeping panoramic views of the Toronto...
- Also includes "six-car private garaging!!" in 2 separate private garages + spot next to elevator.
- The open-concept design seamlessly integrates living, dining, and lounge areas, creating an effortless flow suited for both intimate evenings and grand-scale...
- The gourmet kitchen is a statement of both form and function, featuring top-tier appliances, custom cabinetry, and rich stone surfaces, an inspiring setting for...
Serenity Above the Skyline, Experience an unparalleled level of sophistication and serenity in the Estate Residency at Shangri-La Toronto, where timeless design meets urban elegance. This exceptional renovated private sanctuary perched on the 58th floor, high above Canada's most vibrant city, offering sweeping panoramic views of the Toronto skyline and Lake Ontario, truly living as close to the clouds as one can imagine. Also includes "six-car private garaging!!" in 2 separate private garages + spot next to elevator! Step inside to an expansive, beautifully appointed living space defined by refined finishes, bespoke millwork, and dramatic floor-to-ceiling windows that bathe each room in natural light. The open-concept design seamlessly integrates living, dining, and lounge areas, creating an effortless flow suited for both intimate evenings and grand-scale entertaining. The gourmet kitchen is a statement of both form and function, featuring top-tier appliances, custom cabinetry, and rich stone surfaces, an inspiring setting for culinary artistry or elegant hosting. Retreat to the spacious primary suite, where tranquility takes center stage. A generous walk-in closet complements a spa-inspired ensuite, complete with premium fixtures, a deep soaking tub, and a glass-enclosed rain shower - every element curated for comfort and indulgence. Adding to its rarity, the residence includes , an extraordinary offering in the heart of the city, delivering both convenience and exclusivity. Whether hosting distinguished guests or enjoying a quiet moment above the skyline, the Estate Suite delivers an uncompromising standard of luxury. Residents enjoy access to Shangri-La Toronto's world-class amenities, including personalized concierge services, state-of-the-art fitness and wellness facilities, and the renowned Shangri-La hospitality experience. This is not simply a residence it is a statement of refined taste, privacy, and elevated city living. A world of magnificence awaits
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13845354
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1800-1999 sq ft
- Cross streets
- University and Adelaide
- Parking
- 6 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $2,732/mo
- Exposure
- North West
- Property tax
- $14,494 / 2025
- Days on market
- 19
- Listing brokerage
- HAMMOND INTERNATIONAL PROPERTIES LIMITED
Listed at $4,980,000. Going by how homes in Bay Street Corridor have actually closed against their asking prices (about 97%, 105 local closings in 90 days), the likely sale price is near $4.83M, if it sells. A realistic range is $4.55M to $5.22M.
Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.
Total price vs nearby homes. Likely closing about $4.83M, from 105 recent closings in this pocket.
The market behind the math:
About 0.2 months of inventory: 6 condo apartment homes for sale in the area against 105 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $2,622/sqft against an area asking average of $1,040/sqft.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.
It never sees the asking price. The 105 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.27M. Condition and finishes remain an in-person call.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Open-concept layout: modern, sought-after flow. Lifestyle
- Elevator: rare and valuable for accessibility and resale. Lifestyle
Schools & getting aroundcatchment and transit
The assigned public school is Ogden Junior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Based on 30 homes sold in this building over the past 14 months, from 500 closings in Bay Street Corridor.
Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $2.98M, which is where my estimate comes from.
Per square foot, these ask about $1,093/sqft; this home lists at $2,622/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for condos in Bay Street Corridor: $530K in September 2026, down 13% from a year ago, on 436 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $720K | 29 |
| November 2025 | $587K | 33 |
| December 2025 | $569K | 18 |
| January 2026 | $632K | 21 |
| February 2026 | $550K | 23 |
| March 2026 | $570K | 39 |
| April 2026 | $610K | 48 |
| May 2026 | $645K | 52 |
| June 2026 | $645K | 47 |
| July 2026 | $548K | 60 |
| August 2026 | $515K | 33 |
| September 2026 | $530K | 33 |
Neighbourhood & location
Bay Street Corridor, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $3,984,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $22,028
- Property tax
- $1,208
- Condo / maintenance fees
- $2,732
- Heating
- $0
- Estimated monthly cost
- $25,968
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $110,975
- Toronto municipal land transfer tax
- $140,575
- Estimated closing costs
- $251,550
Plus your down payment of $996,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $1,321,693
- Principal paid down
- $486,771
- Interest paid
- $834,922
- Balance remaining
- $3,497,229
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 5 whole-home leases in Bay Street Corridor signed at a median of $6,000 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $7,186. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HAMMOND INTERNATIONAL PROPERTIES LIMITED. MLS®/PropTx.