MLS® listing
180 University Avenue 5508: condo apartment for sale
$3,150,000
From the listing brokerage
Perched high above the iconic Shangri-La Hotel Toronto within the exclusive Private Estates collection, this spectacular South-East corner residence offers an elevated living experience in one of downtown Toronto's most prestigious addresses. From sunrise over Lake Ontario to glittering evening views of the CN Tower and city skyline, every moment here is framed by breathtaking, unobstructed panoramas. Spanning nearly 1900 sq ft of impeccably designed space, this 2 bedroom + den suite blends refined elegance with modern comfort. A Boffi kitchen - complete with high-gloss lacquer cabinetry and premium Miele and Sub-Zero appliances - anchors the home, while herringbone hardwood floors, soaring 10-ft ceilings, and automated blinds create a seamless sense of sophistication throughout. The primary retreat is a true sanctuary, featuring a generous walk-in closet and a spa-inspired 5-piece ensuite wrapped in Carrara marble. A well-appointed second bedroom with its own ensuite ensures privacy for guests, while the separate den offers a refined and versatile space for a home office, or private guest accommodations. Step out onto the expansive balcony and take in the city from above - an ideal extension of your living space. Indulge in a fully serviced, hotel-inspired lifestyle with access to a 24-hour concierge & doorman, valet and chauffeur services, and the renowned Miraj Hammam Spa. Wellness amenities include a 24-hour fitness centre, yoga studio, and a 20-metre indoor lap pool with hot tub, infrared sauna, and steam rooms. Enjoy seamless access to the building's celebrated dining destinations including Bosk Restaurant, Mott 32 Toronto, the Lobby Lounge, along with in-suite dining and hotel bar service at your convenience. Complete with a rare two-car private garage with storage, complemented by private on-site automotive detailing services, this is a truly exceptional offering - where private estate living meets the effortless luxury of a five-star hotel.
Facts on the listing
| Square feet | 1800-1999 |
|---|---|
| Style | Apartment |
| Basement | None |
| Parking spaces | 2 |
| Garage | Underground |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $2,333 |
| Property tax | $12,615 |
| Tax year | 2026 |
| Locker | Exclusive |
| Pets | Yes-with Restrictions |
| Exposure | South East |
| Fee includes | Heat Included, Common Elements Included, Water Included, CAC Included, Building Insurance Included, Parking Included |
| Building amenities | Car Wash, Concierge, Gym, Indoor Pool, Sauna, Visitor Parking |
| Balcony | Open |
| Laundry | Ensuite |
| Parking | Private |
| Interior features | Built-In Oven, Countertop Range, Bar Fridge, Auto Garage Door Remote |
| Features | Clear View, Hospital, Park, Place Of Worship, Public Transit |
| View | City, Clear, Lake |
| Floor | 39 |
Listing courtesy of UNION CAPITAL REALTY. MLS® C13840528.
About this condo apartment
180 University Avenue 5508 is a 3 bedroom condo apartment in TRREB's Bay Street Corridor community in Toronto, listed for sale at $3,150,000. The listing shows 3 bathrooms and 1800-1999 square feet. The style is given as apartment. The unit faces south east. It comes with 2 parking spaces, an underground garage and a locker (exclusive) according to the listing. The nearest main intersection given is University / Adelaide.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.
Building amenities on the listing: car wash, concierge, gym, indoor pool, sauna and visitor parking.
What it costs to buy 180 University Avenue 5508
At the asking price of $3,150,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $3,150,000 |
|---|---|
| Ontario land transfer tax | $65,225 |
| Toronto municipal land transfer tax | $68,075 |
| Both taxes | $133,300 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $630,000 |
The down payment figure is the federal minimum: 20 percent, because a home at $1.5 million or more cannot carry mortgage default insurance. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. The rates above $2,000,000 used here are the ones for a home with one or two single family residences. A property with more units is taxed differently. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Maintenance fee | $2,333 a month |
|---|---|
| Property tax (2026) | $12,615 a year, about $1,051 a month |
| Fee and tax together | about $3,384 a month |
The listing says the maintenance fee includes heat, common elements, water, cac, building insurance and parking. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.
How the asking price compares
TRREB recorded 885 condo apartment sales in the City of Toronto in August 2026, at a median price of $550,000 and an average of $651,648. This home is listed at $3,150,000, which is $2,600,000 above that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
- Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
- Confirm the parking and locker. The listing shows 2 parking spaces and a locker. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
- Check the reserve fund study. Ask when the last study was done and what it says about contributions.
- Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
- See it in person. Photos do not show noise, light at different hours or the state of the hallways and elevators.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 180 University Avenue 5508
How much is land transfer tax on 180 University Avenue 5508?
At the asking price of $3,150,000 the Ontario tax is $65,225 and the Toronto tax is $68,075, $133,300 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 180 University Avenue 5508?
$630,000 at the asking price of $3,150,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 180 University Avenue 5508?
The listing shows $2,333 a month, including heat, common elements, water, cac, building insurance and parking. Check the current fee in the status certificate.
How much is the property tax on 180 University Avenue 5508?
The listing shows $12,615 a year for 2026, about $1,051 a month.
Is 180 University Avenue 5508 priced above or below the median?
It is listed at $3,150,000. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $2,600,000 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 180 University Avenue 5508?
Use the form on this page or call us. Quote MLS® C13840528. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 180 University Avenue 5508 still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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