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    Toronto / Downtown / King West

    2701 - 183 Wellington St W

    For RentResidences of The Ritz Carlton
    5.0
    $8,750/mth
    2 Beds
    2 Bath
    2 Parking
    1,400 SQFT
    60 Days on Strata
    Est Lease Timeframe
    8 Days

    Listing History

    Unit Highlights

    Possession Date:
    As Soon As Possible
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    None
    Furnished:
    Yes
    Exposure:
    North West
    Locker:
    Owned
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    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

    Foyer
    Closet, Hardwood Floor
    21.49 x 5.51ft
    Prim Bdrm
    Hardwood Floor, Walk-in Closet, 5 Piece Ensuite
    21.98 x 12.47ft
    2nd Bedroom
    Hardwood Floor, 4 Piece Ensuite, Semi Ensuite
    12.24 x 9.84ft

    About this Listing

    Welcome to the luxurious 5-star Hotel & Residences of The Ritz Carlton! This fully furnished unit on a high floor offers unparalleled views and luxury living. With 2 bedrooms and 2 bathrooms, this unit boasts a fabulous layout perfect for entertaining and everyday living. The primary bedroom features a large walk-in closet & ensuite features heated floors for added comfort and luxury. Floor-to-ceiling windows showcase the stunning surroundings, while top-of-the-line appliances ensure convenience and comfort. Residents can enjoy unmatched services and amenities, making this property a must-see for those seeking the ultimate in upscale living. Rarely offered unit with Tandem Parking & Locker.

    ExtrasTandem Parking, Locker Subzero Fridge/Freezer; Wolf 5 Burner Gas Cooktop; Wolf 30' Oven & Conv Micro & Dishwasher; Subzero Under Counter Wine Storag & Washer & Dryer.

    sotheby`s international realty canadaMLS® #C9511990

    Amenities

    Concierge
    Indoor Pool
    Rooftop Deck
    Sauna
    Gym Room
    Car Wash

    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.

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    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
    60
    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

    29%
    Increase in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    20
    Units were Rented over the past twelve months

    Best Value Rank

    Residences of The Ritz Carlton offers the
    ?
    best value out of 101 condos in the King West neighbourhood

    Appreciation Rank

    Residences of The Ritz Carlton has the
    ?
    highest ROI out of 101 condos in the King West neighbourhood

    Rental Yield

    Residences of The Ritz Carlton yields the
    ?
    highest rent prices out of 101 condos in the King West neighbourhood

    High Demand

    Residences of The Ritz Carlton is the
    ?
    most popular building out of 101 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$2,130,000 - $5,100,000$6,750,000No DataNo Data
    Avg. Cost Per SqftNo DataNo Data$1,812$2,921No 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 leased in King West