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Unit 2908 at Shangrila

Sold

180 University Avenue 2908, Toronto C01, ON M5H 0A2

MLS #C12912036

$1,505,000

Sold on July 29, 2026

July 29, 2026

Originally listed at $1,595,000 51 days on market

About This Property

Welcome to the prestigious Shangri-La Residences Toronto, offering refined, hotel-inspired living in the heart of downtown. Suite 2908 feat. approx.1,415 sq. ft. of beautifully proportioned living space, complete w/desirable east-facing balcony showcasing expansive city views & an abundance of natural morning light. Floor-to-ceiling windows enhance the open, airy feel, while the thoughtfully designed 2-bedroom layout is ideal for both comfortable everyday living & elegant entertaining. Full-size Boffi kitchen overlooks the open-concept living & dining areas & offers abundant storage, a granite countertop w/eat-in area, & premium appliances, incl. Miele dishwasher, hood fan, five-burner cooktop, wall oven, convection oven, & a Sub-Zero refrigerator w/dual freezer drawers. A gas fireplace anchors the living space, while sliding doors provide seamless access to the balcony, finished w/Sky Scapes raised porcelain paver floating flooring-creating a sophisticated outdoor extension. A well-appointed two-piece powder room is perfectly positioned for guests, offering both convenience & privacy from the bedroom areas. Both bedrooms are generously sized & thoughtfully designed, feat. custom California Closets built-ins as well as in the front hall closet & laundry room. The laundry area is equipped w/a Bosch front-load washer & dryer. The primary suite incl. walk-in closet & spa-inspired 5-piece ensuite, while the 2nd bedroom enjoys its own private 3-piece ensuite. 1 underground parking space offers added convenience w/easy access. Residents enjoy exceptional 5-star amenities & services, incl. 24-hour concierge & security, valet service (eight times per month), access to Miraj Hammam Spa, a state-of-the-art fitness centre, yoga & boxing studios, a 20-metre indoor lap pool, hot tub, infrared sauna, & steam rooms. Ideally situated between Toronto's Financial & Entertainment Districts, this residence offers elevated urban living at one of the city's most iconic addresses.

Investment Analysis

$7,380
Est. Monthly Rent
Based on $5/sqft
5.55%
Gross Yield
Before expenses
3.7%
Net Yield
After expenses
18
Years to Recover
Via rental income
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($1717/mo) and property tax ($8,966/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$1,063/sqft
Shangrila
$1,235/sqft-13.9%
Bay Street Corridor
$955/sqft+11.4%
Toronto C01
$883/sqft
Building PSF Range
$867$1,758

Below Market Value

This unit is priced 13.9% below the building average of $1,235/sqft. With a 3.7% net yield after expenses, this could be a strong investment opportunity.

Analysis based on 29 sales and 111 leases in this building. Unit size estimated at 1500 sqft.

Property Details

Bedrooms

2

Bathrooms

3

Square Feet

1400-1599 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeNone
LockerNo
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-2258
MLS Size1400-1599
Listed OnMar 22, 2026
Maintenance Fees$1,717/month
Property Tax$8,966/year

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Rooms

NameSize (m)Size (ft)Features
Living Room(Ground)6.72 x 4.3522.0 x 14.3-
Living Room(Ground)6.72 x 4.3522.0 x 14.3-
Living Room(Ground)6.72 x 4.3522.0 x 14.3-
Living Room(Ground)6.72 x 4.3522.0 x 14.3-
Living Room(Ground)6.72 x 4.3522.0 x 14.3-
Dining Room(Ground)6.72 x 4.3522.0 x 14.3-
Dining Room(Ground)6.72 x 4.3522.0 x 14.3-
Dining Room(Ground)6.72 x 4.3522.0 x 14.3-
Dining Room(Ground)6.72 x 4.3522.0 x 14.3-
Dining Room(Ground)6.72 x 4.3522.0 x 14.3-
Kitchen(Ground)2.7 x 4.918.9 x 16.1-
Kitchen(Ground)2.7 x 4.918.9 x 16.1-
Kitchen(Ground)2.7 x 4.918.9 x 16.1-
Kitchen(Ground)2.7 x 4.918.9 x 16.1-
Kitchen(Ground)2.7 x 4.918.9 x 16.1-
Primary Bedroom(Ground)3.91 x 3.7512.8 x 12.3-
Primary Bedroom(Ground)3.91 x 3.7512.8 x 12.3-
Primary Bedroom(Ground)3.91 x 3.7512.8 x 12.3-
Primary Bedroom(Ground)3.91 x 3.7512.8 x 12.3-
Primary Bedroom(Ground)3.91 x 3.7512.8 x 12.3-
Bedroom 2(Ground)3.62 x 3.3911.9 x 11.1-
Bedroom 2(Ground)3.62 x 3.3911.9 x 11.1-
Bedroom 2(Ground)3.62 x 3.3911.9 x 11.1-
Bedroom 2(Ground)3.62 x 3.3911.9 x 11.1-
Bedroom 2(Ground)3.62 x 3.3911.9 x 11.1-

Room Dimensions Available

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Price History

Original List Price

$1,595,000

Listed on Mar 22, 2026

Sold Price

$1,505,000

Sold on Jul 29, 2026

-$90,000

-5.6%

51 days on market

Price History Available

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Available For Sale in This Building

OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NameShangrila
Address180 university ave, Toronto
Parking TypeNone

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About Unit 2908 at Shangrila

Unit 2908 is a residential condo & other with 2 bedrooms, 3 bathrooms spanning approximately 1400-1599 square feet located at Shangrila, 180 university ave, Toronto. This unit is currently sold (sold for $1505K).

About Shangrila

Shangrila is located at 180 university ave, Toronto in Toronto C01. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Bay Street Corridor Neighbourhood

This unit is located in Bay Street Corridor, part of Toronto C01 in the Toronto area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at Shangrila, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 2908 Shangrila Toronto C01

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