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For SaleResidences of The Ritz CarltonEst Sell Timeframe 9 Days
$23,500,000
3 Beds
5 Bath
4 Parking
6,000 SQFT
140 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$8,428/mth
Taxes:
$36,485 (2023)
Cost Per Sqft:
$3,917/sqft
Locker:
Owned
Outdoor Space:
None
Exposure:
North South
Possession Date:
60 - 90 days
Laundry:
Ensuite
Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
Parking
Building Maintenance
Building Insurance
Excluded
Hydro
Heat
Air Conditioning
Water
Utility Type
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
Room Dimensions
Great Rm
Open Concept, Se View, Windows Floor to Ceiling
31.92 x 14.83ft
Dining
East View, Windows Floor to Ceiling, Hardwood Floor
17.26 x 16.57ft
Kitchen
Combined with Great Room, Eat-In Kitchen, Overlooks Water
29 x 14.83ft
About this Listing
Welcome to Cielo Alba, Residences of The Ritz Carlton, the epitome of luxury condominium living in Toronto. This extraordinary Aprox 6,000 sq.ft. unit offers the trifecta of a perfect location, a world-class building, and a one-of-a-kind residence for your unparalleled urban lifestyle. 180panoramic views, 10 & 11 foot ceilings, Poliform Millwork, 10 Foot Frameless Doors, 1000 bottle Wine Cellar, this is an ultra rare option for those seeking the upmost in elegance and condo living in Toronto. If you're seeking an elevated level of pampering and personalized attention, there's noother destination that quite compares.
Extras4 PARKING UNDERGROUND PARKING SPOTS
sotheby`s international realty canadaMLS® #C8484094
Amenities
Car Wash
Visitor Parking
Guest Suites
Gym Room
Sauna
Media 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
0
Average Household Income
$109,098
Dominant Housing Type
High Rise Apartment
Population By Age
Household Income
Housing Types & Tenancy
High Rise Apartment
36%
Detached
33%
Semi Detached
21%
Low Rise Apartment
4%
Duplex
3%
Marital Status
Commute
Languages (Primary Language)
Other
71%
Mandarin
14%
Cantonese
9%
Tamil
2%
Arabic
1%
Tagalog
1%
Spanish
1%
Korean
1%
Education
University and Above
43%
High School
21%
College
15%
None
13%
University Below Batchelor
3%
Apprenticeship
2%
Major Field of Study
Business Management
25%
Architecture & Engineering
18%
Health & Related Fields
11%
Social Sciences
10%
Math & Computer Sciences
9%
Humanities
6%
Physical Sciences
5%
Education
4%
Visual & Performing Arts
3%
Personal, Protective & Transportation Services
2%
Price Trends
Building Trends At Residences of The Ritz Carlton
Days on Strata
Units at Residences of The Ritz Carlton spend an average of
60
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
7%
above
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in King West
Turnover of Units
On average, each unit is owned for
5.9
YEARS before being sold againProperty Value
29%
Increase in property value within the past twelve months
Price Ranking
1st
Highest price per SQFT out of 101 condos in the King West area
Sold Units
3
Units were Sold over the past twelve months
Rented Units
20
Units were Rented over the past twelve months
Best Value Rank
Residences of The Ritz Carlton offers the best value out of 101 condos in the King West neighbourhood
?
Appreciation Rank
Residences of The Ritz Carlton has the highest ROI out of 101 condos in the King West neighbourhood
?
Rental Yield
Residences of The Ritz Carlton yields the highest rent prices out of 101 condos in the King West neighbourhood
?
High Demand
Residences of The Ritz Carlton is the most popular building out of 101 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 | $2,130,000 - $5,100,000 | $6,750,000 | No Data | No Data |
| Avg. Cost Per Sqft | No Data | No Data | $1,812 | $2,921 | No Data | No Data |
| Price Range | No Data | $6,700 - $7,750 | $7,300 - $15,000 | $16,000 | $28,000 | $22,500 |
| Avg. Wait for Unit Availability | No Data | 110 Days | 112 Days | 360 Days | 1215 Days | 312 Days |
| Avg. Wait for Unit Availability | No Data | 52 Days | 40 Days | 215 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
