Building Image

Shangri-La

180 University Ave, Downtown

Features

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Price/Sqft Range

678 sqft - 4430 sqft

Avg Price/Sqft

$1,195 / sq. ft.

Completed

Built: 2012

Building Scale

Floors: 49 | Total Units: 392

Building Details

Building Type

High-Rise condo

Property Management

Built in 2012

Condo Corp

TSCC-2258

Date Registered

Aug 20, 2012

Maintenance Fees Include

Air Conditioning

Common Element

Heat

Building Insurance

Parking

Water

Description

1 - About Shangri-La

  • Address: 180 University Ave, Toronto
  • Neighbourhood: Bay Street Corridor, Downtown Toronto
  • Storeys: 66
  • Units: 392
  • Year Built: 2012
  • Builder: Westbank Projects Corp. and The Peterson Group
  • Building Type: High-Rise Condo / Mixed-Use
  • Suite Sizes: 678 sq.ft. - 4,430 sq.ft.
  • Average Price: $1,195 / sq. ft.

2 - Overview of Shangri-La

Shangri-La rises 214 metres above University Avenue in its 66-storey mixed-use design by James K. M. Cheng Architects. This development combines a five-star hotel occupying the first 17 floors with residential condominiums on the upper levels.

The construction required one of the deepest excavations in Canadian history to create an eight-level underground parking facility. The project incorporated the Bishop's Block, a collection of Georgian rowhouses dating back to the 1830s.

These heritage structures were carefully restored and now house Soho House Toronto. The tower showcases a glass facade and slender profile designed to maximize city views while maintaining a high-performance exterior envelope.

3 - Suite Sizes & Value

Floor plans in the building range from 678 square feet to 4,430-square-foot penthouses, serving both pied-à-terre buyers and residents seeking the space of a detached home.

Average Price: $1,195 / sq. ft. positions the property firmly in Toronto's luxury market. Interior specifications include over-height ceilings, Italian kitchen designs, and premium appliances.

Units feature automated window coverings and custom closet systems, providing technical sophistication that elevates the living experience beyond standard high-rise offerings.

4 - Building Amenities & Features

  • Private Access: Dedicated residential lobby with exclusive high-speed elevators separate from hotel operations
  • Wellness Facilities: Full access to the 5-star Shangri-La Hotel spa and fitness centre
  • Dining & Social: Three Momofuku restaurant concepts plus bar facilities
  • Lounge & Entertainment: Lobby lounge featuring live music and outdoor terrace for seasonal dining
  • Private Club Access: Integration with Soho House Toronto membership
  • Concierge & Security: 24-hour concierge service and comprehensive building security

5 - Location Highlights

  • Transit Connectivity: Positioned on the University Avenue transit corridor with convenient access to St. Patrick and Osgoode TTC subway stations
  • Strategic Position: Located at University Avenue and Adelaide Street, connecting the Financial District with the Entertainment District
  • Dining Options: Walking distance to nota bene, Ruth's Chris Steak House, and Volo's
  • Daily Conveniences: Longo's grocery store and Second Cup are both within a five-minute walk

6 - Lifestyle Near Shangri-La

The address at 180 University Avenue places residents between Toronto's key commercial and entertainment districts. The building attracts professionals and creative industry leaders who value both hotel-style services and private residential ownership.

Soho House Toronto within the complex draws members from the city's film, media, and creative sectors. Residents experience a serviced lifestyle where hospitality amenities seamlessly integrate with residential living.

7 - About the Developer

Westbank Projects Corp., led by Ian Gillespie, is a Vancouver-based developer specializing in large-scale mixed-use projects guided by their "Total Design" philosophy that integrates architecture, public art, and heritage preservation.

The company's portfolio includes the Living Shangri-La in Vancouver and other premium developments across major North American cities. For this Toronto project, they partnered with The Peterson Group to deliver the completed development.


Active Units


Neighborhood

Arts Centre
Clear View
Electric Car Charger
Hospital
Park
Public Transit

Building Sales History

Jul 20262 Listed | 0 Sold

141 days on market

MLS® # C12910398

Jul 13, 2026

Deal Fell Through

Mar 23, 2026

Listed For Sale

$1,980,000

310 days on market

MLS® # C12371663

Jul 6, 2026

Sold Conditionally

Aug 30, 2025

Listed For Sale

$2,880,000
Jun 20265 Listed | 1 Sold

89 days on market

MLS® # C12956012

Jun 19, 2026

New

Apr 3, 2026

Listed For Sale

$10,980,000

142 days on market

MLS® # C12774108

Jun 10, 2026

Price Change

Feb 10, 2026

Listed For Sale

$2,600,000

141 days on market

MLS® # C12701052

Jun 5, 2026

Terminated

Jan 15, 2026

Listed For Sale

$2,779,000

45 days on market

MLS® # C12987884

Jun 1, 2026

Sold

Apr 12, 2026

Listed For Sale

$1,998,800

150 days on market

MLS® # C12663316

Jun 1, 2026

Expired

Jan 5, 2026

Listed For Sale

$999,000
May 20265 Listed | 4 Sold

148 days on market

MLS® # C12600038

May 14, 2026

Sold

Dec 4, 2025

Listed For Sale

$3,399,000

51 days on market

MLS® # C12912036

May 13, 2026

Sold

Mar 23, 2026

Listed For Sale

$1,595,000

127 days on market

MLS® # C12959530

May 11, 2026

Price Change

Apr 6, 2026

Listed For Sale

$3,150,000

15 days on market

MLS® # C13020472

May 8, 2026

Sold

Apr 20, 2026

Listed For Sale

$1,145,000

100 days on market

MLS® # C12684128

May 6, 2026

Sold

Jan 10, 2026

Listed For Sale

$1,088,000
Apr 20269 Listed | 3 Sold

19 days on market

MLS® # C12970378

Apr 29, 2026

Sold

Apr 8, 2026

Listed For Sale

$1,999,000

55 days on market

MLS® # C12852974

Apr 29, 2026

Terminated

Mar 6, 2026

Listed For Sale

$1,949,000

77 days on market

MLS® # C12750504

Apr 20, 2026

Terminated

Feb 2, 2026

Listed For Sale

$1,149,000

39 days on market

MLS® # C12858280

Apr 15, 2026

Sold

Mar 7, 2026

Listed For Sale

$1,550,000

352 days on market

MLS® # C12362005

Apr 14, 2026

New

Aug 25, 2025

Listed For Sale

$3,150,000

41 days on market

MLS® # C12835886

Apr 11, 2026

Terminated

Mar 2, 2026

Listed For Sale

$2,088,000

134 days on market

MLS® # C12941988

Apr 6, 2026

New

Apr 1, 2026

Listed For Sale

$2,988,888

28 days on market

MLS® # C12865392

Apr 6, 2026

Terminated

Mar 10, 2026

Listed For Sale

$1,999,900

42 days on market

MLS® # C12795950

Apr 1, 2026

Sold

Feb 18, 2026

Listed For Sale

$950,000
Mar 20264 Listed | 1 Sold

89 days on market

MLS® # C12654960

Apr 1, 2026

Terminated

Jan 1, 2026

Listed For Sale

$10,990,000

70 days on market

MLS® # C12709272

Mar 31, 2026

Sold

Jan 19, 2026

Listed For Sale

$1,150,000

77 days on market

MLS® # C12668470

Mar 24, 2026

Terminated

Jan 6, 2026

Listed For Sale

$1,399,000

136 days on market

MLS® # C12463108

Mar 1, 2026

Expired

Oct 15, 2025

Listed For Sale

$3,800,000
Feb 20261 Listed | 1 Sold

12 days on market

MLS® # C12783512

Feb 25, 2026

Sold

Feb 12, 2026

Listed For Sale

$1,399,000
Sep 20251 Listed | 0 Sold

310 days on market

MLS® # C12362545

Sep 18, 2025

New

Aug 25, 2025

Listed For Sale

$2,149,000

Bay Street Corridor Insights

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Sale Price

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Generated based on property type and location. Average values are derived using median calculations.