183 Wellington St W, unit 3803 for sale in King West - image #1
183 Wellington St WUnit 3803
Walkability
10/10
Transit
10/10
Bikeability
7/10
Map Location Unknown
0
CONDO Demand
Average
Unit Availability
low
Property Type
Condo
Developer
Graywood Developments Ltd
Condo Completion
2011
Property Management
Ritz Carlton Property Management
Unit Size Range
1255 - 6020 SQFT
Number of Units
158
Number of Storeys
52
List Price
$2,298,000
COST PER SQFT
$1,633/sqft
Total Days on Market
58
Maintenance
$2,030/mth
Taxes
$7,338
Property Type
Condo
CONDO Demand
Average
Unit Availability
low
Locker
Yes
Parking
Yes
Outdoor Space
None
Exposure
North East
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183 Wellington St W | Unit #3803 at Residences of The Ritz Carlton

Market Temperature
Buyer's Market
Balanced
Seller's Market

Room Dimensions

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Maintenance Fees Cover

Maintenance Fees Include

Heat
Air Conditioning
Water
Parking
Building Insurance

Owner Pays Separately

Hydro

Amenities

Gym
Rooftop Deck/Garden
Media Room
Visitor Parking
Indoor Pool
Guest Suites
Business Centre
Car Wash
Recreation Room
Party/Meeting Room
Sauna
Underground Parking
Concierge

Travel Times

Listing History for Unit 3803

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Stats, Trends & Rankings

Price Per Square Foot
Residences of The Ritz Carlton vs The King West Area

$441.00
More Expensive
per SQFT compared to the neighbourhood average
Residences of The Ritz Carlton's Avg
price per SQFT
$1,571
/ SQFT
Neighbourhood Avg
price per SQFT
$1,130
/ SQFT

Building Trends At Residences of The Ritz Carlton

Days on Market

Units at Residences of The Ritz Carlton spend an average of
26
Days on Market
based on recent sales

List vs Selling Price

On average, these condos sell for
5%
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
6
YEARS before being sold again

Property Value

11%
Increase in property value within the past twelve months

Price Ranking

2nd
Highest price per SQFT out of 95 condos in the King West area

Sold Units

7
Units were Sold over the past twelve months

Rented Units

24
Units were Rented over the past twelve months

Best Value

Residences of The Ritz Carlton offers the
?
best value out of 95 condos in the King West neighbourhood

Return on Investment

Residences of The Ritz Carlton has the
?
highest ROI out of 95 condos in the King West neighbourhood

Rental Yield

Residences of The Ritz Carlton yields the
?
highest rent prices out of 95 condos in the King West neighbourhood

High Demand

Residences of The Ritz Carlton is the
?
most popular building out of 95 condos in the King West neighbourhood

Sales vs Rental Values For This Condo

1 Bed1330 - 1675 SQFT
Average Cost Per Sqft$1,605
Sales Price Range$2,280,000 - $2,450,000
Rental Price Range$6,400 - $7,500
2 Bed1255 - 1600 SQFT
Average Cost Per Sqft$1,815
Sales Price Range$2,650,000 - $2,650,000
Rental Price Range$6,000 - $9,200
2 Bed + Den2000 - 2557 SQFT
Average Cost Per Sqft$1,495
Sales Price Range$3,500,000 - $3,500,000
Rental Price Range$11,750 - $21,000
3 Bed2200 - 2200 SQFT
Average Cost Per Sqft$1,750
Sales Price Range$3,825,000 - $3,825,000
Rental Price Range
N/A
3 Bed + Den2800 - 2800 SQFT
Average Cost Per Sqft
N/A
Sales Price Range
N/A
Rental Price Range$15,000 - $15,000

How Often Are Units Listed?

Studio
Average Sales Availability
N/A
Average Rental Availability
N/A
Ratio of Unit Type in Building1%
1 Bed1255 - 1700 SQFT
Average Sales Availability
Every106Days
Average Rental Availability
Every44Days
Ratio of Unit Type in Building32%
2 Bed1255 - 2534 SQFT
Average Sales Availability
Every90Days
Average Rental Availability
Every38Days
Ratio of Unit Type in Building50%
2 Bed + Den2000 - 3300 SQFT
Average Sales Availability
Every254Days
Average Rental Availability
Every189Days
Ratio of Unit Type in Building11%
3 Bed2200 - 3418 SQFT
Average Sales Availability
Every1215Days
Average Rental Availability
N/A
Ratio of Unit Type in Building3%
3 Bed + Den2800 - 3400 SQFT
Average Sales Availability
Every312Days
Average Rental Availability
N/A
Ratio of Unit Type in Building5%

Maintenance Fees
Residences of The Ritz Carlton vs The King West Area

$0.17
More Expensive
per SQFT compared to the neighbourhood average
Residences of The Ritz Carlton's Avg
monthly maintenance
fee per SQFT
$0.91
/ SQFT
Neighbourhood Avg
monthly maintenance
fee price per SQFT
$0.74
/ SQFT

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