$1,398,000
For sale: Apartment

Suite 3903 at the Shangri-La Residences brings the comforts of one of Toronto's most prestigious hotels to a private residence in the heart of downtown. High ceilings wrapped with walls of windows draw in ample light, highlighting the dark, rich wood floors, while a generous west-facing balcony, ideal for summer entertaining, seamlessly extends the living space outdoors, capturing a panorama of city views. A stone-clad feature wall anchors the open living and dining area, with a fireplace, integrated flat-screen television and speaker for optimal stay-at-home comfort. The modern Italian Boffi kitchen pairs an extra-large stone breakfast bar with premium Sub-Zero and Miele appliances for culinary enthusiasts. This expansive one-plus-one bedroom residence includes a sun-filled primary bedroom with a marble 4-piece ensuite featuring a deep soaker tub and Kohler digital rainfall shower, a custom built-in walk-in closet, and a separate entrance to the enviable balcony. The additional den can easily convert into a guest bedroom or home office, and with ensuite laundry, a convenient second washroom, and a sizeable front-hall closet nearby, entertaining family and friends will feel effortless. At the Shangri-La Residences, you'll enjoy 24-hour concierge and valet service, plus access to the Shangri-La Toronto hotel's indoor pool, fitness centre, sauna, and steam room--not to mention the opportunity to visit their award-winning restaurants and Miraj Himmam Spa. With the Financial District and subway moments away, professionals can enjoy downtown Toronto's finest dining and entertainment venues while staying connected to one of the world's most luxurious hotel chains.
Sold data
Homes in Bay Street Corridor took a median of 35 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 56, across 89 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 53 days.
The median sale price was $559,900.
Homes sold for about 3.7% below asking on average, so there was room to negotiate.
About 19% of sales closed above the list price.
Around 25% of sellers reduced their price before finding a buyer.
Based on 89 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Bay Street Corridor) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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