Real Estate Industry News

The cream most certainly rises to the top at the Shangri-La Toronto Residences.

The lower floors of the artfully designed glass-clad tower make up the renowned five-star hotel, the midsection contains condominium residences and the uppermost levels are devoted to what is known as the “private estate” collection. It is within this realm that one Shangri-La luxury condo distinguishes itself.

“Typically, listings in luxury buildings in the Toronto core that are for sale within an $8 million to $12 million price range will not exceed an interior size of 3,500 square feet,” says Natasha Omrin, who is representing Suite 5402 with Barry Cohen, both of Barry Cohen Homes. This home, however, has a 4,431-square-foot layout.

Then, there’s the volume. At the heart of the luxury condo is a two-story living room with floor-to-ceiling windows that bring in panoramic views of the Toronto skyline, including the landmark CN Tower. An elegant central chandelier anchors the space, and a glass staircase with floating-style glass steps enhances the visual drama.

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An additional focal point is the long built-in wet bar with a corner aquarium base filled with tropical fish.

Found throughout the condo are such details as herringbone pattern hardwood floors, fireplaces with marble surrounds and marble slab bathrooms. Four glass-rail balconies provide access to the outdoors and unobstructed views.

The sleek kitchen is equipped with contemporary cabinets, granite countertops, walk-in pantry and Miele and Sub-Zero appliances. The eat-at center island has a sink and gas stove. It adjoins a dining area with floor-to-ceiling windows and a fireplace.

The upstairs primary suite features a tray ceiling, seven-piece bathroom, dressing room and a private balcony. Nearby is a lounge overlooking the living room and the city below. There are two more bedrooms, each with walk-in closets and en suite bathrooms, as well as a powder room.

Two parking spaces are included and valet parking is available. Among building amenities are an indoor pool, 24-hour concierge health club, restaurants, room service and housekeeping services.

Set in the heart of the city, 180 University Avenue is near theaters, art galleries, boutiques, cafes and fine dining.

“This condo could be the perfect haven for a dynamic power couple with careers in the bustling financial district,” Omrin says. The asking price for the property is CAD 10 million or close to USD 7.4 million.