Skip to main

    3303 - 183 Wellington St W

    For SaleResidences of The Ritz Carlton
    $1,999,000
    1 Bed
    2 Bath
    1 Parking
    1,200 - 1,399 SQFT
    160 Days on Strata
    Est Sell Timeframe
    9 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

    Visitor Parking
    Guest Suites
    Indoor Parking
    Sauna
    Car Wash
    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
    0
    Average Household Income
    $109,098
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    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+
    9%
    $125,000+
    5%
    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
    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
    AVERAGE
    chance 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 again

    Property 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

    Studio1 Bed2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo Data$2,130,000 - $5,100,000$6,750,000No DataNo Data
    Avg. Cost Per SqftNo DataNo Data$1,812$2,921No DataNo Data
    Avg. Wait for Unit AvailabilityNo Data110 Days112 Days360 Days1215 Days312 Days
    Ratio of Units in Building1%33%49%11%5%5%

    Transactions vs Inventory

    Total number of units listed and sold in King West