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    3602 - 183 Wellington St W

    $2,175,0001 bd2 ba1 pk1,500 sqft
    69 Days on Strata
    Est Sell Timeframe:
    9 Days
    $2,175,000
    Price Cut: $2,275,000
    1 Bed
    2 Bath
    1 Parking
    1,500 SQFT

    Listing History


    Unit Highlights

    Property Type:

    Condo

    Maintenance Fees:

    $2,360/mth

    Taxes:

    $8,269 (2024)

    Cost Per Sqft:

    $1,450/sqft

    Outdoor Space:

    None

    Locker:

    Owned

    Exposure:

    North

    Possession Date:

    30/60

    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

    Experience the pinnacle of luxury and service at The Residences of The Ritz-Carlton Toronto, an exquisite suite spanning over 1,500 square feet of refined living space. Enjoy uninterrupted north views of the city skyline through more than 50 feet of floor-to-ceiling windows, with 10-foot ceilings that flood the space with natural light.This suite is impeccably finished, featuring a beautifully designed eat-in kitchen equipped with top-of-the-line Sub-Zero and Wolf appliances. Elegant herringbone-pattern hardwood floors, upgraded mouldings and baseboards, a gas fireplace, and custom window treatments, including sun sheers and blackout curtains in the bedroom, add to its refined appeal. The spacious primary bedroom boasts breathtaking views, a custom-built walk-in closet, and a luxurious five-piece ensuite with heated marble floors.As a resident, youll enjoy exclusive access to two floors of private amenities, including a sky lobby, fitness centre, meeting rooms, a private theatre, a coffee bar, and a stunning outdoor terrace with barbecues and captivating city views. Additionally, residents benefit from the exceptional services and amenities of The Ritz-Carlton Hotel, including a second fitness centre, indoor pool, hot tub, valet service, concierge, in-room dining, and more. Check out the Virtual Tour for more information, photos and floor plan. **EXTRAS** Living downtown offers unmatched convenience, with direct access to The PATH, proximity to Union Station (UP Express), and the Island Airport along with world-class dining, shopping, and cultural landmarks just steps away.

    ExtrasSee Attached Schedule A

    chestnut park real estate limitedMLS® #C11943406

    Fees & Utilities

    Maintenance Fees

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

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    Gas

    Heating

    Forced Air

    Room dimensions are not available for this listing.


    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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