Shangrila Condos in Toronto C01

180 university ave, Toronto

226

Total Units

7

For Sale

1

For Rent

0

Sold

0

Leased

$2.7M

Avg Price

Days (Sale)

Days (Lease)

OQ

OVAIS QASSIM

Questions about Shangrila?

Property Type:
Condo
Number of Units:
226
Condo Demand:
Unit Availability:
High
Number of Storeys:
Condo Completion:
Unit Size Range:
1,400 - 2,249 SQFT
Property Management:
Del Property Management (416) 661-3151

Market Overview

For-Sale Inventory

3.1%

Highest Sale (12mo)

Lowest Sale (12mo)

Median Maintenance

$2057/mo

Year Built

Shangrila Market

Updated Aug 20, 2026
Condos
Median sale price
$1.92M
Median PSF (est.) 3.9%
$1188/sqft
Sold last 90 days
13
Active listings
8
Months of inventory
2.7
Avg days on market
51
Sale-to-list ratio
95.51%
Absorption rate
37.5%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 51.85% · End-user: 48.15% (from 13 sales, 14 leases)
Price reductions (90d)
Price-reduction rate: 15.38%
Avg reduction: $119,500 (5.54%)
Monthly reduction trend
2025-06: 33.3% (3 listings) · avg $148,000
2025-10: 25.0% (4 listings) · avg $17,900,800
2026-04: 33.3% (3 listings) · avg $49,990
2026-06: 25.0% (4 listings) · avg $39,000
2026-07: 12.5% (8 listings) · avg $200,000
Re-entries (past 12 months)
Re-entries: 0 · rate 0.00%
Median PSF (est.) vs parent area
Median PSF: $1,188+34.40% vs community avg ($884)[premium]
Supply vs demand by unit type (90d)
Sample: 8 active listings · 13 sold (90d)
studio: 0 active / 0 sold · mismatch +0.00%
1br: 0 active / 4 sold · mismatch -30.77%
2br: 4 active / 3 sold · mismatch +26.92%
3br: 4 active / 6 sold · mismatch +3.85%
Concession pattern by unit type (90d)
1br (10 sales)90.00% closed with concessions, avg 5.42% below ask
2br (16 sales)93.75% closed with concessions, avg 6.67% below ask
3br (14 sales)92.86% closed with concessions, avg 5.25% below ask
Seasonality (annual pattern)
Historically strongest months: Apr, Jan, Jun
Historically weakest months: Feb, Oct, May
Annual averages: DOM 49.3d · sale-to-list 95.51% (n=40)
Monthly detail
Jan · 1 sales · DOM 29.0d · STL 96.25%
Feb · 3 sales · DOM 62.3d · STL 94.12%
Mar · 3 sales · DOM 59.7d · STL 94.95%
Apr · 5 sales · DOM 28.8d · STL 98.35%
May · 2 sales · DOM 96.5d · STL 90.81%
Jun · 7 sales · DOM 34.6d · STL 94.85%
Jul · 10 sales · DOM 51.4d · STL 98.40%
Oct · 5 sales · DOM 64.6d · STL 92.91%
Nov · 1 sales · DOM 35.0d · STL 93.15%
Dec · 3 sales · DOM 42.3d · STL 92.70%

Market Intelligence

Price per sqft analysis and trends

Shangrila

Sale PSF

$1235/sqft

29 sales

Lease PSF

$4.92/sqft/mo

111 leases

Bay Street Corridor

Sale PSF

$911/sqft

20 sales

Lease PSF

$4.45/sqft/mo

1 leases

Toronto C01

Sale PSF

$883/sqft

173 sales

Lease PSF

$4.45/sqft/mo

1 leases

Toronto

Sale PSF

$788/sqft

861 sales

Lease PSF

$3.85/sqft/mo

1 leases

Price Per Sqft Trends

Avg:$1220/sqft
Range: $780 - $1934/sqft
$1000$1250$1500$1750Feb 24May 24Aug 24Nov 24Feb 25May 25Aug 25Nov 252024-03-21 Price: $2,260,000 Size: 1546 sqft PSF: $1461.84/sqft2024-03-27 Price: $2,825,000 Size: 1900 sqft PSF: $1486.84/sqft2024-05-27 Price: $1,075,000 Size: 859 sqft PSF: $1251.46/sqft2024-05-31 Price: $1,100,000 Size: 850 sqft PSF: $1294.12/sqft2024-06-24 Price: $1,690,000 Size: 1500 sqft PSF: $1126.67/sqft2024-07-03 Price: $1,800,000 Size: 1500 sqft PSF: $1200.00/sqft2024-08-01 Price: $1,925,000 Size: 1700 sqft PSF: $1132.35/sqft2024-08-08 Price: $1,668,000 Size: 1700 sqft PSF: $981.18/sqft2024-08-12 Price: $1,050,000 Size: 850 sqft PSF: $1235.29/sqft2024-10-08 Price: $1,760,000 Size: 1760 sqft PSF: $1000.00/sqft2024-11-29 Price: $1,700,000 Size: 1700 sqft PSF: $1000.00/sqft2024-12-19 Price: $1,280,000 Size: 850 sqft PSF: $1505.88/sqft2025-02-14 Price: $4,175,000 Size: 2375 sqft PSF: $1757.89/sqft2025-02-18 Price: $1,827,751.9 Size: 1700 sqft PSF: $1075.15/sqft2025-03-11 Price: $1,300,000 Size: 1500 sqft PSF: $866.67/sqft2025-04-10 Price: $1,380,000 Size: 1100 sqft PSF: $1254.55/sqft2025-04-22 Price: $970,000 Size: 859 sqft PSF: $1129.22/sqft2025-06-06 Price: $1,692,000 Size: 1500 sqft PSF: $1128.00/sqft2025-06-16 Price: $2,950,000 Size: 1900 sqft PSF: $1552.63/sqft2025-06-24 Price: $1,410,000 Size: 1384 sqft PSF: $1018.79/sqft2025-07-17 Price: $2,350,000 Size: 1900 sqft PSF: $1236.84/sqft2025-07-30 Price: $1,095,000 Size: 850 sqft PSF: $1288.24/sqft2025-10-03 Price: $1,435,000 Size: 1500 sqft PSF: $956.67/sqft2025-10-07 Price: $2,562,000 Size: 1900 sqft PSF: $1348.42/sqft2025-10-30 Price: $1,850,000 Size: 1500 sqft PSF: $1233.33/sqft2025-10-31 Price: $992,000 Size: 850 sqft PSF: $1167.06/sqft2025-12-16 Price: $900,000 Size: 850 sqft PSF: $1058.82/sqft2025-12-20 Price: $3,175,000 Size: 2125 sqft PSF: $1494.12/sqft2026-01-08 Price: $1,925,000 Size: 1700 sqft PSF: $1132.35/sqftSale PSF ($)
Exact sqft
Estimated
Fallback
Avg

Location Comparison

LocationSale PSFLease PSF# Sales# Leases
ShangrilaThis Building
12354.92/mo29111
Bay Street Corridor
911+36%4.45/mo+11%201
Toronto C01
883+40%4.45/mo+11%1731
Toronto
788+57%3.85/mo+28%8611

Green badges indicate the building is priced below the comparison area. Data from closed transactions.

Market Analysis

Sale prices at Shangrila average $1235/sqft, which is significantly above the Bay Street Corridor community average of $911/sqft (+36%).

Prices here are premium compared to the broader Toronto area ($788/sqft).

Rental rates are strong at $4.92/sqft monthly, 11% above the community average, with solid rental yield of 4.8%.

The building has seen 29 sales and 111 leases in recent transactions, indicating very high market activity.

Avg Sale PSF

$1235

Avg Lease PSF

$4.92/mo

Gross Yield

4.8%

Transactions

140

Investment Analysis

Est. Monthly Rent

$7,031

Based on $4.92/sqft

Gross Yield

4.78%

Good Yield

Before expenses

Net Yield

3.03%

Moderate Yield

After expenses

Years to Recover

20.9

Via rental income

vs Bay Street Corridor
-1.08%

Bay Street Corridor avg: 5.86%

vs Toronto C01
-1.27%

Toronto C01 avg: 6.05%

Avg. Monthly Operating Costs

Maintenance: $1816/mo
Property Tax: $753/mo

Building PSF Range

$3Avg: $1,235/sqft$1,758

💡 Investment Insight: Shangrila provides moderate yield at 4.78%, balancing cash flow with appreciation potential. Yield is 1.08% below Bay Street Corridor average, likely due to premium pricing. Operating costs reduce yield by 1.75% - consider maintenance fees when evaluating.

Parking & Locker Values

Parkingcommunity

Purchase

N/A

Monthly Lease

$209.75/mo

Lockergeneric

Purchase

$10K

Monthly Lease

$50/mo

Data based on closed transactions. PSF = Price per Square Foot. Yields calculated as annual rent / sale price.

Amenities

Car Wash
Concierge
Exercise Room
Guest Suites
Gym
Indoor Pool
Media Room
Rooftop Deck/Garden
Sauna
Visitor Parking

Maintenance Fee Includes:

A/CBuilding InsuranceCommon ElementsCondo TaxesHeatParkingWater

Building Reviews

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About Shangrila Condos

Shangrila is a premier condominium located at 180 university ave, Toronto in Toronto C01. This 226-unit building offers residents luxurious urban living with modern amenities and convenient access to the city's best dining, shopping, and entertainment options.

Currently, there are 8 units available at Shangrila, with prices averaging around $2674K. The building features a variety of floor plans to suit different lifestyles, from cozy studios to spacious multi-bedroom units.

Shangrila stands out in Toronto C01's competitive real estate market for its prime location. Residents enjoy easy access to public transit, major highways, parks, and all essential services. The building's modern design and well-maintained facilities make it an attractive choice for both homeowners and investors.

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 and market analysis.

Explore more real estate in the wider area: Bay Street Corridor, Toronto C01 and the Toronto area.

Units for Lease at Shangrila

Keywords: Shangrila Toronto C01 Real Estate

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