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    3505 - 183 Wellington St W

    $2,438,0001 bd2 ba1 pk1,560 sqft
    69 Days on Strata
    Est Sell Timeframe:
    9 Days
    $2,438,000
    1 Bed
    2 Bath
    1 Parking
    1,560 SQFT

    Listing History


    Unit Highlights

    Property Type:

    Condo

    Maintenance Fees:

    $2,251/mth

    Taxes:

    $8,541 (2024)

    Cost Per Sqft:

    $1,563/sqft

    Outdoor Space:

    None

    Locker:

    Owned

    Exposure:

    South

    Possession Date:

    Immediately/TBA

    Laundry:

    Ensuite

    Amenities

    Car Wash
    Indoor Pool
    Rec Room
    Indoor Parking
    Guest Suites
    Concierge
    Business Centre
    Sauna
    Party Room
    Media Room
    Rooftop Deck
    Gym Room
    Visitor Parking

    About this Listing

    The Residences at The Ritz-Carlton is second to none and this unit offers breathtaking South views of the CN Tower and the Waterfront. Located In The Heart Of Toronto's Financial, Entertainment And Theatre Districts this address offers an unparalleled lifestyle. The Exquisite 1 Bedroom Suite is Meticulously Designed with Approx 1,560 sq ft of Living Space. In Pristine Condition With Real Hardwood Herringbone Floors, Bright and Soaring 10ft Floor to Ceiling Windows. It features Designer Bellini Custom Kitchen Cabinetry With Sub-Zero, Wolf & Miele Appliances with A 5-Burner Gas Cooktop, Granite Counter Tops, An Undermount Sink, Water Filtration System, A Centre Island With Undercounter Wine Storage And Spacious Eat-In Kitchen Area. The Grand Bedroom Retreat Includes A 5 piece Ensuite With Glass-Spa Like Shower, Relaxing Deep Soaker Tub & Walk-In Closet. The Ritz-Carlton Experience is Upscale Living At Its Finest. Residents Enjoy Private Entrances And Access To World Class-Star Hotel Amenities with Complimentary Valet Parking and Car Service; 2 Fully-Equipped Fitness Centres, Indoor Saltwater Pool, Hot Tub, Steam Room, Sauna,Media/Meeting Rooms, Party Facilities, Panoramic Rooftop Terraces, Guest suite, Theatre, and 24-hour Real Time Monitored Security. Directly connected to the P.A.T.H - 30Km Underground Walkway. Do not miss this this Rare Opportunity To Acquire This Exceptional World Class Residence At The Ritz Carlton! **EXTRAS** Sky Lobby, Relax By The Fire Or BBQ ON THE 21st Terrace W/Scenic Lake views. Walk To Toronto's Harbourfront, CN Tower, Rogers Centre, Scotiabank Arena & St Lawrence Market. Close By Drive to Yonge/Bloor street- Yorkville Shopping District.

    royal lepage signature realtyMLS® #C11943265

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Heat
    Parking
    Building Maintenance
    Building Insurance
    Not Included
    Hydro
    Air Conditioning
    Water

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    Gas

    Heating

    Forced Air

    Room Dimensions

    Living

    Gas Fireplace, hardwood floor, South View

    13.91 x 14.9ft

    Dining

    Combined with Living, hardwood floor, Crown Moulding

    13.91 x 13.52ft

    Kitchen

    Eat-In Kitchen, Stainless Steel Appliances, South View

    14.4 x 14.7ft

    Primary

    5 Piece Ensuite, hardwood floor, South View

    12.83 x 14.76ft

    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

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    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
    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
    37
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    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

    -51%
    Decrease in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 112 condos in the King West area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    23
    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

    Market Insights

    Transaction Insights at Residences of The Ritz Carlton

    Studio1 Bed2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$1,900,000$1,900,000 - $2,130,000No DataNo DataNo Data
    Avg. Cost Per SqftNo Data$1,238$1,351No DataNo DataNo Data
    Avg. Wait for Unit AvailabilityNo Data125 Days110 Days393 Days1215 Days312 Days
    Ratio of Units in Building1%32%48%10%4%6%

    Market Inventory

    Total number of units listed and sold in King West


    The information on this website is taken from sources deemed reliable. However, the accuracy cannot be guaranteed and it is the responsibility of the website user to personally verify all information. The property information herein is derived from various sources that may include, but are not limited to, municipal records and the Multiple Listing Service, and may include approximations.

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