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    5102 - 183 Wellington Street W

    For SaleResidences of The Ritz Carlton
    $21,388,000
    Price Cut: $23,880,000
    3 Beds
    4 Bath
    4 Parking
    5,003 SQFT
    135 Days on Strata
    Est Sell Timeframe
    16 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $4,275/sqft
    Maintenance Fees:
    $9,159/mth
    Taxes:
    $42,828 (2023)
    Locker:
    Owned
    Outdoor Space:
    Terrace
    Exposure:
    South
    Possession Date:
    ASAP/TBA
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Air Conditioning

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air
    Ensuite Laundry
    Yes

    Room Dimensions

    Living
    Gas Fireplace, Hardwood Floor, South View
    25.17 x 31.5ft
    Dining
    Formal Room, Hardwood Floor, Picture Window
    26.02 x 16.44ft
    Kitchen
    Built-in Appliances, Granite Floor, Window Flr To Ceil
    19.23 x 18.73ft

    About this Listing

    5 Stars Elegant & Ultra Luxurious Private Residence Sub Penthouse at the Legendary Ritz Carlton with 24 hrs Concierge, 12 foot High Ceilings with Floor to Ceiling Windows, Spanning Half a Floor on 51st Floor, Open Air Terrace, Doorman, Valet Parking, House Car, Maid Service, Guest Suite, Theatre Rm, Board Rm, Private Gym, Salt Water Pool, My Blend Spa, Double Bali Bed, Outdoor Heated Fireplace, Sky Garden with Fabulous Lakeview, Direct Elevator Access to Foyer, Unobstructed Lake & City Views Graciously Facing South Lake View, North City View, East City View & South West Sunset View, Finish with the Tiniest Details to Suit the Most Luxurious Living at the Ritz.

    ExtrasSub-Zero B/I Fridge/Freezer, Wolf 5 Burner Gas Cooktop, Wolf Oven, Wolf Microwave, Miele D/W, Sub-Zero W/I Wine Fridge, Front Load Washer/Dryer. 4 Underground Parking, 1 Secure Rm as Locker.

    century 21 king`s quay real estate inc.MLS® #C7365234


    Amenities

    Visitor Parking
    Car Wash
    Rooftop Deck
    Gym Room
    Concierge
    Media Room

    Nearby Amenities

    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.

    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%

    Days on Strata

    Units at Residences of The Ritz Carlton spend an average of
    85
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    9%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    5.8
    YEARS before being sold again

    Property Value

    30%
    Increase in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 98 condos in the King West area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    18
    Units were Rented over the past twelve months

    Best Value Rank

    Residences of The Ritz Carlton offers the
    ?
    best value out of 98 condos in the King West neighbourhood

    Appreciation Rank

    Residences of The Ritz Carlton has the
    ?
    highest ROI out of 98 condos in the King West neighbourhood

    Rental Yield

    Residences of The Ritz Carlton yields the
    ?
    highest rent prices out of 98 condos in the King West neighbourhood

    High Demand

    Residences of The Ritz Carlton is the
    ?
    most popular building out of 98 condos in the King West neighbourhood

    Transaction Insights at 183 Wellington Street W

    Studio1 Bed2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$2,260,000$5,100,000$6,750,000No DataNo Data
    Avg. Cost Per SqftNo Data$1,561$2,366$2,921No DataNo Data
    Avg. Wait for Unit AvailabilityNo Data107 Days107 Days317 Days1215 Days312 Days
    Ratio of Units in Building1%33%48%11%4%6%

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