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-Ã -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.
Neighborhood
Building Sales History
Sep 2026 — 2 Listed | 0 Sold
16 days on market
MLS® # C13840528
Sep 29, 2026
New
Sep 29, 2026
Listed For Sale
$3,150,000
49 days on market
MLS® # C13718046
Sep 15, 2026
New
Aug 27, 2026
Listed For Sale
$2,099,000
Aug 2026 — 1 Listed | 0 Sold
105 days on market
MLS® # C13508778
Aug 7, 2026
New
Jul 1, 2026
Listed For Sale
$2,280,000
Bay Street Corridor Insights
Sale Price
Average
Median


