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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Bay Street Corridor. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $1,139,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Enjoy your well-deserved upscale living on the 56th floor at Shangri-La in a large executive 1 bedroom suite with 10 ft ceiling, luxurious finishing and elite furniture. This exceptional suite on a private estate floor is designed for ideal everyday living and entertainment. Floor to ceiling windows with breathtaking views on the City and the Lake, open concept, Boffi-designed kitchen with large island, built in Miele And Subzero appliances and elegant Carrera marble countertop and backsplash. The principal suite has natural wool floor, oversized walk-in closet and direct access to semi-private ensuite finished in Carrera marble with soaker tub, spacious shower and heated marble floor. Bedroom fits king size bed. One parking and one locker included. **EXTRAS** 3 express elevators dedicated for Private Estates between levels 50 to 65. 5-Star Shangri-La Hotel Amenities: 24Hr Concierge & Security, 24-Hr Fitness Centre , Salt Water Pool And Jacuzzi With Views Of The City, Sauna, Hot Tub, Yoga Studio
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Data-driven valuation for 180 University Avenue 5607, Toronto C01, ON M5H 0A2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $1,139,000 in Toronto, the legal minimum down payment is $227,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $19,255 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $19,255 also applies, bringing the total estimated land transfer taxes to $38,510.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.