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For SaleResidences of The Ritz CarltonEst Sell Timeframe 16 Days
$6,250,000
2 Beds + 1
3 Bath
2 Parking
2,557 SQFT
103 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Cost Per Sqft:
$2,444/sqft
Maintenance Fees:
$4,035/mth
Taxes:
$15,000 (2023)
Locker:
Owned
Outdoor Space:
None
Exposure:
North West
Possession Date:
30-60 days/TBA
Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
Water
Parking
Building Maintenance
Building Insurance
Excluded
Hydro
Heat
Air Conditioning
Unit Details
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
- Ensuite Laundry
- Yes
Room Dimensions
Foyer
Crown Moulding, Marble Floor, Hardwood Floor
10.5 x 8.01ft
Living
Open Concept, North View, Gas Fireplace
29.76 x 16.57ft
Dining
Combined with Living, North View, Hardwood Floor
29.76 x 16.57ft
About this Listing
Experience luxurious urban living with private elevator access to this fully renovated 2+1 bedroom, 3 bathroom, 2565 sq.ft. corner suite. Enjoy breathtaking panoramic views through 10-ft wraparound windows. This residence boasts exquisite finishes and meticulous attention to detail. Benefit from 24/7 concierge and valet parking, while enjoying Ritz-Carlton amenities like the spa, pool, gym, and direct PATH access. Discover opulence in the heart of Toronto."
ExtrasSub Zero Stainless Steel Fridge, Wolf Gas Cook Top Stove, B/I Wolf Oven/Microwave, Wine Fridge, B/I Miele Dishwasher, Full Size Front Loading Washer And Dryer In Large Laundry Room, 2 Parking spots And Locker Included.
sotheby`s international realty canadaMLS® #C8016628
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%
Price Trends
Building Trends At Residences of The Ritz Carlton
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
LOWchance of receiving
Multiple Offers
Turnover of Units
On average, each unit is owned for
5.8
YEARS before being sold againProperty 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
| Studio | 1 Bed | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|---|
| Price Range | No Data | $2,260,000 | $5,100,000 | $6,750,000 | No Data | No Data |
| Avg. Cost Per Sqft | No Data | $1,561 | $2,366 | $2,921 | No Data | No Data |
| Price Range | No Data | $6,700 - $7,800 | $7,300 - $15,000 | No Data | No Data | $22,500 |
| Avg. Wait for Unit Availability | No Data | 107 Days | 107 Days | 317 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% | 48% | 11% | 4% | 6% |
