180 University Avenue, Toronto, ON
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Property Highlights
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 $1,299,000 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 800-899 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This exquisite newly renovated one-bedroom suite offers breathtaking city views from its location in the Private Estates above the luxurious Shangri-La Hotel, making it one of the most sought-after buildings in the city! It boasts an open-concept floor plan flooded with natural light, highlighted by herringbone and marble flooring. The gourmet kitchen includes a breakfast bar island,top-of-the-line Miele appliances and brand new Bertazzoni 36' gas range top. With 10-foot ceilings and spectacular city views, it's mere steps away from the city's finest entertainment, shopping,restaurants, bars, and the financial district.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 180 University Avenue 5005, Toronto C01, ON M5H 0A2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,299,000 in Toronto, the legal minimum down payment is $259,800 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 $22,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $22,455 also applies, bringing the total estimated land transfer taxes to $44,910.
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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.
