3303 - 183 Wellington St W

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For SaleResidences of The Ritz Carlton

$1,999,000

1 Bed

2 Bath

1 Parking

1,200 - 1,399 SQFT

116 Days on Strata

Est Sell Timeframe

7 Days

Listing History

Unit Highlights

Property Type:

Condo

Maintenance Fees:

$2,190/mth

Taxes:

$6,956 (2023)

Cost Per Sqft:

$1,429 - $1,666/sqft

Locker:

Owned

Outdoor Space:

None

Exposure:

North East

Possession Date:

30/60/TBD

Buyer's Market

Balanced

Seller's Market

Maintenance Fees

Included

Heat

Air Conditioning

Water

Parking

Building Maintenance

Building Insurance

Excluded

Hydro

Utility Type

Air Conditioning: Central Air
Heat Source: Gas
Heating: Forced Air

Room Dimensions

Living

Hardwood Floor, Combined with Living, Gas Fireplace

16.5 x 14.83ft

Dining

Hardwood Floor, Combined with Dining, Open Concept

12.99 x 12.83ft

Kitchen

Ceramic Floor, Stainless Steel Appliances, Breakfast Bar

14.5 x 12.34ft

About this Listing

Attention All Investors! Welcome To The Best Opportunity At The Residences Of The Ritz-Carlton! This Executive 1 Bedroom Suite In The Heart Of Downtown Toronto And Steps To The Financial And Theatre District Is The Epitome Of Luxury Living. The Suite Features 10 Ft Ceilings, Herringbone Floors, A Modern Chef's Kitchen With Wolf and Sub-Zero Appliances, Custom Light Fixtures, A Designer Walk-In Closet, Blackout Curtain And Window Coverings. Take In The Cascading City Views And Incredible Sunsets. Enjoy First Class Living With 5-Star Amenities: Doorman, Concierge, Valet, Porter, 22nd Floor Coffee, Lounge/Terrace, 2 Fully-Equipped Fitness Centres, Indoor Pool, Hot Tub, Steam Room, Sauna, Media/Meeting Rooms, Party Facilities, Panoramic Rooftop Terraces, Guest Suite & Theatre. Walk to King Street's Best Restaurants And Use The Underground PATH. This Is The Best Opportunity To Own In This Luxurious Hotel Residence! This Executive Suite Can Also Be Sold Furnished! Make It Yours Today! Welcome To The Ritz!

ExtrasSub-Zero Fridge, Wolf Gas Cook Top Stove, B/I Wolf Oven, S/S Hood Range, B/I Microwave & B/I Wine Fridge, Miele D/W, Kitchen Island, Front Loading Washer & Dryer. All ELFs & Window Coverings Incl. Custom Closets. 1 Parking & 1 Locker Incl.

re/max hallmark montano group realtyMLS® #C8376064

Amenities

Media Room

Indoor Pool

Guest Suites

Car Wash

Visitor Parking

Party Room

Explore Neighbourhood

9/10

Walkability

Congratulations, you're the mayor of Walksville! Everything's at your doorstep.

10/10

Transit

Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.

7/10

Bikeability

The bike lane starts to feel like a second home.

Similar Listings

Demographics

Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

Population

24,225

Average Individual Income

$66,367

Average Household Size

3 persons

Average Age

Average Household Income

$109,098

Dominant Housing Type

High Rise Apartment

Population By Age

0 - 14

13%

15 - 19

20 - 34

25%

35 - 49

19%

50 - 64

19%

65+

19%

Household Income

$0 - $30,000

47%

$30,000+

23%

$60,000+

14%

$90,000+

$125,000+

Housing Types & Tenancy

High Rise Apartment

36%

Detached

33%

Semi Detached

21%

Low Rise Apartment

Duplex

Marital Status

Commute

Languages (Primary Language)

Other

71%

Mandarin

14%

Cantonese

Tamil

Arabic

Tagalog

Spanish

Korean

Education

University and Above

43%

High School

21%

College

15%

None

13%

University Below Batchelor

Apprenticeship

Major Field of Study

Business Management

25%

Architecture & Engineering

18%

Health & Related Fields

11%

Social Sciences

10%

Math & Computer Sciences

Humanities

Physical Sciences

Education

Visual & Performing Arts

Personal, Protective & Transportation Services

Price Trends

Building Trends At Residences of The Ritz Carlton

Days on Strata

Units at Residences of The Ritz Carlton spend an average of

Days on Strata

based on recent sales

List vs Selling Price

On average, these condos sell for

10%

below

the list price.

Offer Competition

Condos in this building have a

LOW

chance of receiving

Multiple Offers

compared to other buildings in King West

Turnover of Units

On average, each unit is owned for

5.8

YEARS before being sold again

Property Value

39%

Increase in property value within the past twelve months

Price Ranking

1st

Highest price per SQFT out of 103 condos in the King West area

Sold Units

Units were Sold over the past twelve months

Rented Units

Units were Rented over the past twelve months

Best Value Rank

Residences of The Ritz Carlton offers the

best value out of 103 condos in the King West neighbourhood

Appreciation Rank

Residences of The Ritz Carlton has the

highest ROI out of 103 condos in the King West neighbourhood

Rental Yield

Residences of The Ritz Carlton yields the

highest rent prices out of 103 condos in the King West neighbourhood

High Demand

Residences of The Ritz Carlton is the

most popular building out of 103 condos in the King West neighbourhood

Transaction Insights at 183 Wellington Street W

	Studio	1 Bed	2 Bed	2 Bed + Den	3 Bed	3 Bed + Den
Price Range	No Data	No Data	$5,100,000	$6,750,000	No Data	No Data
Avg. Cost Per Sqft	No Data	No Data	$2,366	$2,921	No Data	No Data
Price Range	No Data	$6,700 - $7,800	$7,300 - $15,000	No Data	$28,000	$22,500
Avg. Wait for Unit Availability	No Data	110 Days	107 Days	338 Days	1215 Days	312 Days
Avg. Wait for Unit Availability	No Data	52 Days	40 Days	180 Days	No Data	863 Days
Ratio of Units in Building	1%	33%	49%	11%	5%	5%

Transactions vs Inventory

Total number of units listed and sold in King West