3703 - 183 Wellington St W

Virtual Tour

1 / 35

For SaleResidences of The Ritz Carlton

5.0

$2,149,000

1 Bed

2 Bath

2 Parking

1,397 SQFT

32 Days on Strata

Est Sell Timeframe

9 Days

Listing History

Unit Highlights

Ownership Type:

Condo

Property Type:

Condo

Maintenance Fees:

$2,219/mth

Taxes:

$8,591 (2024)

Cost Per Sqft:

$1,538/sqft

Locker:

Owned

Outdoor Space:

None

Exposure:

North East

Possession Date:

30 days/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, Combined with Living, Gas Fireplace

16.5 x 14.83ft

Dining

Hardwood Floor, Combined with Living, Open Concept

12.99 x 12.83ft

Kitchen

Marble Floor, Stainless Steel Appliances, Breakfast Bar

14.5 x 12.34ft

About this Listing

Executive Suite at The Residences of The Ritz-Carlton - Luxury Redefined. Experience refined living in this executive suite at The Residences of The Ritz-Carlton, where elegance meets world-class service. Key Features: *Sophisticated Interiors *Marble and herringbone hardwood floors create a timeless ambiance. *Breathtaking Views: Floor-to-ceiling windows showcase stunning cityscapes. *Gourmet Kitchen: Wolf and Sub-Zero appliances, custom cabinetry, and premium finishes. *Tailored Comfort: Custom lighting, designer closets, and premium window coverings. *Cozy Elegance: Gas fireplace adds warmth and charm. *Spa-Like Retreat: Five-piece ensuite with a deep soaking tub, glass shower, and dual vanities. Five-Star Amenities: *24/7 Concierge, Doorman & Valet Effortless service at your fingertips. *Luxury Wellness & Leisure Fully equipped fitness centre, indoor pool, hot tub, steam room, sauna, and private spa rooms. *Exclusive Entertainment & Business Spaces Media/meeting rooms, party facilities, panoramic rooftop terraces, and a private theatre. *Guest Suites - Accommodate visitors in style. This residence offers unparalleled luxury, service, and urban sophistication. Schedule your private viewing today. **EXTRAS** Sub-Zero Fridge, Wolf Gas Stove & B/I Oven, S/S Hood Range, B/I Micro & B/I Wine Fridge, Miele D/W, Kitchen Island, F/L Washer & Dryer. All ELFs & Window Coverings Incl. Custom Closets. 2 Prking (Tandem) & 1 Locker. 5 Star Hotel Amenities

corcoran horizon realtyMLS® #C11949281

Amenities

Indoor Parking

Visitor Parking

Guest Suites

Rooftop Deck

Media Room

Rec 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

Average Household Income

$109,098

Dominant Housing Type

High Rise Apartment

Population By Age

0 - 14

13%

15 - 19

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+

$125,000+

Housing Types & Tenancy

High Rise Apartment

36%

Detached

33%

Semi Detached

21%

Low Rise Apartment

Duplex

Marital Status

Commute

Languages (Primary Language)

Other

71%

Mandarin

14%

Cantonese

Tamil

Arabic

Tagalog

Spanish

Korean

Education

University and Above

43%

High School

21%

College

15%

None

13%

University Below Batchelor

Apprenticeship

Major Field of Study

Business Management

25%

Architecture & Engineering

18%

Health & Related Fields

11%

Social Sciences

10%

Math & Computer Sciences

Humanities

Physical Sciences

Education

Visual & Performing Arts

Personal, Protective & Transportation Services

Price Trends

Maintenance Fees

Residences of The Ritz Carlton vs The King West Area

Building Trends At Residences of The Ritz Carlton

Days on Strata

Units at Residences of The Ritz Carlton spend an average of

Days on Strata

based on recent sales

List vs Selling Price

On average, these condos sell for

100%

of the list price.
Or in other words, the

entire 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

5.8

YEARS before being sold again

Property Value

-47%

Decrease in property value within the past twelve months

Price Ranking

2nd

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

Sold Units

Units were Sold over the past twelve months

Rented Units

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

	Studio	1 Bed	2 Bed	2 Bed + Den	3 Bed	3 Bed + Den
Price Range	No Data	No Data	$1,900,000 - $2,130,000	No Data	No Data	No Data
Avg. Cost Per Sqft	No Data	No Data	$1,305	No Data	No Data	No Data
Price Range	No Data	$6,800 - $8,000	$7,000 - $15,000	$16,000	$28,000	No Data
Avg. Wait for Unit Availability	No Data	110 Days	113 Days	393 Days	1215 Days	312 Days
Avg. Wait for Unit Availability	No Data	54 Days	40 Days	224 Days	No Data	863 Days
Ratio of Units in Building	1%	32%	48%	10%	4%	6%

Transactions vs Inventory

Total number of units listed and sold in King West