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    4604 - 183 Wellington Street W

    For SaleResidences of The Ritz Carlton
    $9,500,000
    2 Beds + 1
    3 Bath
    3 Parking
    3,300 SQFT
    92 Days on Strata
    Est Sell Timeframe
    16 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $2,879/sqft
    Maintenance Fees:
    $5,205/mth
    Taxes:
    $23,000 (2023)
    Locker:
    Owned
    Outdoor Space:
    None
    Exposure:
    South West
    Possession Date:
    60-90 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
    No

    Room Dimensions

    Foyer
    Elevator, Marble Floor, 2 Piece Bath
    10.7 x 6.99ft
    Living
    Sw View, Gas Fireplace, Hardwood Floor
    37.99 x 37.99ft
    Dining
    Open Concept, South View, Hardwood Floor
    37.99 x 37.99ft

    About this Listing

    Step into a world of unparalleled luxury with this 3,378 sq. ft. corner suite, meticulously redesigned in sleek contemporary style. Enjoy sweeping city views through expansive windows. Seamlessly control lighting, blinds, and entertainment with the state-of-the-art Control 4 system. This residence offers private elevator access, a remarkable 1,000-bottle wine cellar, a modern kitchen with Wolf appliances, spacious living and dining areas, marble baths, a cozy gas fireplace, custom built-ins, and an integrated entertainment system. As an added bonus, you'll have three parking spaces (including one tandem space) and a locker. Revel in the prestige of Toronto's most coveted address, offering world-class 5-star amenities. Explore the floor plan and make this extraordinary property your new home.

    sotheby`s international realty canadaMLS® #C8016650


    Amenities

    Guest Suites
    Concierge
    Gym Room
    Indoor Parking
    Indoor Pool
    Sauna

    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

    27%
    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

    17
    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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