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    4602 & 4603 - 183 Wellington St W

    $22,500,0003 bds5 ba3 pk6,000 sqft
    59 Days on Strata
    Est Sell Timeframe:
    9 Days
    $22,500,000
    3 Beds + 1
    5 Bath
    3 Parking
    6,000 SQFT

    Listing History


    Unit Highlights

    Property Type:

    Condo

    Maintenance Fees:

    $9,100/mth

    Taxes:

    $39,500 (2024)

    Cost Per Sqft:

    $3,750/sqft

    Outdoor Space:

    None

    Locker:

    Owned

    Exposure:

    South East

    Possession Date:

    To Be Determined

    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

    Welcome to Cielo Alba, Residences of The Ritz Carlton, the epitome of luxury condominium living in Toronto. This extraordinary Aproximately 6,000 sq. ft. unit offers the trifecta of a perfect location, a world-class building, and a one-of-a-kind residence for your unparalleled urban lifestyle. 180 panoramic views, 10 & 11 foot ceilings, Poliform Millwork, 10 Foot Frameless Doors, 1000 bottle Wine Cellar, this is an ultra rare option for those seeking the upmost in elegance and condo living in Toronto. If you're seeking an elevated level of pampering and personalized attention, there's no other destination that quite compares.

    Extras3 Parking and 2 Lockers Included. See Schedule B

    sotheby`s international realty canadaMLS® #C11962055

    Fees & Utilities

    Maintenance Fees

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

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    Gas

    Heating

    Heat Pump

    Room Dimensions

    Foyer

    Elevator, Marble Floor

    0 x 0ft

    Great Rm

    Open Concept, Se View, Windows Floor to Ceiling

    31.92 x 14.83ft

    Living

    Ne View, Fireplace, hardwood floor

    26.08 x 17.42ft

    Dining

    East View, Windows Floor to Ceiling, hardwood floor

    17.26 x 16.57ft

    Kitchen

    Combined with Great Room, Windows Floor to Ceiling, hardwood floor

    29 x 14.83ft

    Powder Rm

    Eat-In Kitchen, Overlooks Water

    0 x 0ft

    Primary

    5 Piece Ensuite, Fireplace, North View

    27.43 x 19.92ft

    2nd Bedroom

    3 Piece Ensuite, Walk-in Closet, North View

    18.57 x 14.08ft

    3rd Bedroom

    5 Piece Ensuite, South View, South View

    13.58 x 13.32ft

    Office

    Ne View, Wet Bar, hardwood floor

    19.65 x 17.09ft

    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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