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    Toronto / Downtown / King West

    2403 - 183 Wellington St W

    For SaleResidences of The Ritz Carlton
    5.0
    $2,598,000
    1 Bed
    2 Bath
    1 Parking
    1,650 SQFT
    10 Days on Strata
    Est Sell Timeframe
    9 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $2,549/mth
    Taxes:
    $9,335 (2024)
    Cost Per Sqft:
    $1,575/sqft
    Locker:
    Owned
    Outdoor Space:
    None
    Exposure:
    North East
    Possession Date:
    Immediately/TBD
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Hardwood Floor, Marble Fireplace, Pot Lights
    13.75 x 16.18ft
    Dining
    Hardwood Floor, Combined with Living, Pot Lights
    12.17 x 18.18ft
    Kitchen
    Marble Floor, Stainless Steel Appliances, Backsplash
    14.34 x 11.52ft

    About this Listing

    Experience Unparalleled Luxury And Privacy With DIRECT PRIVATE ELEVATOR ACCESS To This Remarkable Executive Suite. From The Moment You Step Inside, You'll Be Captivated By Breathtaking City Skyline Views And An Abundance Of Natural Light. This One-Of-A-Kind Residence Is Adorned With Layers Of Designer Finishes, Including Elegant Herringbone Floors, A Marble-Faced Gas Fireplace, Textured Walls, Custom Lighting, And Bespoke Window Coverings.The Open-Concept, 1675 Sqft Layout Is Ideal For Entertaining, Seamlessly Connecting To A High-End Chefs Kitchen Complete With An Eat-In Breakfast Area. Indulge In The World-Class Amenities Of The Ritz-Carlton Residences, Including A 24-Hour Concierge, Valet, Porter Services, A State-Of-The-Art Fitness Centre, Luxury Spa, And An Indoor Pool. Welcome Home To Elevated Living At Its Finest.

    ExtrasIntegrated Sub-Zero Fridge/Freezer, Wolf Wall Oven, Microwave & Gas Stove. Oversized S/S Hood. B/In Wine Fridge. Designer Backsplash. Custom Chandeliers & Curtains. Marble Fireplace. Textured Walls. 1 Parking & 1 Locker.

    corcoran horizon realtyMLS® #C11934580

    Amenities

    Gym Room
    Party Room
    Concierge
    Car Wash
    Indoor Parking
    Business Centre

    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%

    Price Trends

    Building Trends At Residences of The Ritz Carlton

    Days on Strata

    Units at Residences of The Ritz Carlton spend an average of
    27
    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

    -42%
    Decrease in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 112 condos in the King West area

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    21
    Units were Rented over the past twelve months

    Best Value Rank

    Residences of The Ritz Carlton offers the
    ?
    best value out of 112 condos in the King West neighbourhood

    Appreciation Rank

    Residences of The Ritz Carlton has the
    ?
    highest ROI out of 112 condos in the King West neighbourhood

    Rental Yield

    Residences of The Ritz Carlton yields the
    ?
    highest rent prices out of 112 condos in the King West neighbourhood

    High Demand

    Residences of The Ritz Carlton is the
    ?
    most popular building out of 112 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$2,130,000No DataNo DataNo Data
    Avg. Cost Per SqftNo DataNo Data$1,257No DataNo 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