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Shangri-La Hotels and Resorts, one of the world's premier creators of ultra-luxurious hotels and resort properties has selected the heart of Toronto as the location of its second signature Canadian property. Currently under construction, and located on the North West corner of University Avenue and Adelaide Street, Living Shangri-La Toronto will be a 66-storey, 704 foot luxury hotel and condominium tower. It will feature 200 spacious guestrooms (on floors 1-17) and 287 one- and two- bedroom Residences (on floors 18-49) with floors 50-66 reserved for the most exclusive 83 Private Estate Homes. Residents will enjoy access to Shangri-La's incomparable 24-hour five-star service and security, exquisite amenities, exclusive CHI spa treatments and an ambiance of tranquility and grandeur. The maintenance fee is projected to be approx 54 cents per sq.ft.
The deposit structure is: 5% at signing, 5% in 90 days, 5% in 12 months and 5% in 16 months
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