Hotel & Residences

Address: 180-188 University Ave

Intersection: University & Adelaide

# of Floors: 65

  • Residence Suites: 18-49
  • Private Estate Suites: 50-65
  • Penthouse Suites: 64 & 65

# of Units: 393

# of Hotel Rooms: 202 (first 17 floors)

Age of Building: 7 years (Built - 2012 | Completed - 2013)

Architect: Hariri Pontarini

  • Also designed One Bloor St E, Square One District (Mississauga), One Yonge, Garrison Point, Massey Tower, Kingly Condos, Ivory on Adelaide + much more

Developer: Westbank Projects Corp

  • Also built Mirvish Village (2022), King Toronto (2022), large presence in Vancouver/West Coast

Amenities

  • Access to all hotel amenities
  • Concierge
  • Visitor Parking
  • Security System
  • Media Room
  • Sauna
  • Spa
  • Party Room
  • Guest Suites
  • Indoor Pool
  • Guest Suites
  • Valet Car Service

Average Sale Price for past year: $1,731,900
Previous Year: $1,980,738 | -12%

1-Bed/+Den:  $1,232,550
Previous Year: $1,047,929 ~ +18%

2-Bed/+Den:  $2,064,800
Previous Year: $2,020,000 ~ +2%

Average Rental Price for past year: $6,996
Previous Year: $6,099 ~ +15%

1-Bed/+Den:  $4,394
Previous Year: $4,658 ~ -6%

2-Bed/+Den:  $7,610
Previous Year: $7,301 ~ +4%

3-Bed/+Den:  $18,425


Average Taxes for Building (2019):  $7,814.47

Average Maintenance Fees for Building (2019):  $1,442.73

Rising by Zhang Huan

Interesting Facts or Features

  • The public work of art at the entrance is a sculpture called "Rising" by Zhang Huan
  • Received City of Toronto Urban Design Awards, Award of Excellence - Elements in 2013
  • First project in Toronto with 8 levels of underground parking
  • Building has the fastest elevators in North America
  • Hotel houses 2 fine dining restaurants, luxury spa & valet service for residents
  • Building features a Green Roof to minimize the heat-island effect
  • The Bishops' Block Heritage Building at the South-West corner was constructed in 1829 & was painstakingly restored as a part of the building's construction

Most expensive sale price for building: PH1| $8,000,000

  • Sold in August 2018 after 27 DOM
  • 3-Bed
  • 4-Bath
  • 3 Parking Spaces (private garage)
  • 3415 Sq. Ft
  • 1565 Sq. Ft Terrace
  • Private Internal Elevator
  • Hot Tub
  • Outdoor Kitchen
  • Glass-enclosed wine room
Penthouse #1 | Sold for $8,000,000 in August 2018