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    for sale
    4 Days on Strata

    2506 - 183 Wellington St W

    Residences of The Ritz Carlton5.0
    $3,750,000
    2 Beds
    3 Bath
    2 Parking
    1,920 SQFT
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    Price History

    Maintenance Fees:
    $2,961/mth
    Taxes:
    $11,877 (2025)
    Property Type:
    Condo
    Cost Per Sqft:
    $1,953/sqft
    Outdoor Space:
    None
    Locker:
    Owned
    Possession Date:
    TBD
    Exposure:
    South West

    Amenities

    Concierge
    Guest Suites
    Gym
    Indoor Pool
    Party Room
    Visitor Parking

    About this Listing

    Luxury Living Above The Ritz! Enjoy Stunning South-West Lake, Cn Tower & Sunset Views. Beautiful updated 2-Bedroom, 3-Bath Suite, 1920 S.F With Direct Elevator Access. Best-In-Class Finishes; 10' Ceilings, Cornice Moldings, Custom Kitchen, Hardwood, Granite & Marble Throughout. Valet Parking, Concierge & Doorman, Enjoy All Hotel Amenities Including, Spa, Fitness, Pool, Room Service, Maid Service And More. Two (2) Parking Spaces & Locker Included.

    ExtrasSee Schedule D

    sotheby's international realty canadaMLS® #C12556032

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Not Included
    Air Conditioning
    Not Included
    Water
    Included
    Parking
    Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Dimensions

    Foyer
    23.2 x 6.23ft
    Elevator, Marble Floor, Pot Lights
    Living
    27.89 x 18.05ft
    Combined with Dining, hardwood floor, Sw View
    Dining
    26.25 x 18.05ft
    Combined with Living, hardwood floor, South View
    Kitchen
    14.93 x 14.44ft
    Built-in Appliances, Centre Island, Eat-In Kitchen
    Primary
    14.11 x 11.98ft
    5 Piece Ensuite, Walk-in Closet, West View
    2nd Bedroom
    10.99 x 10.17ft
    4 Piece Ensuite, Closet, West View
    Laundry
    10.83 x 5.71ft
    Finished, Quartz Counter, Laundry Sink
    Utility
    8.37 x 6.4ft
    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

    Similar Listings

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    Map

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    map of location
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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.

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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%

    Building Trends At Residences of The Ritz Carlton

    Days on Strata

    Units at Residences of The Ritz Carlton spend an average of
    48
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in King West

    Turnover of Units

    On average, each unit is owned for
    5.7
    YEARS before being sold again

    Property Value

    -48%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 120 condos in the King West area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    22
    Units were Rented over the past twelve months

    Best Value Rank

    Residences of The Ritz Carlton offers the
    ?
    best value out of 120 condos in the King West neighbourhood

    Appreciation Rank

    Residences of The Ritz Carlton has the
    ?
    highest ROI out of 120 condos in the King West neighbourhood

    Rental Yield

    Residences of The Ritz Carlton yields the
    ?
    highest rent prices out of 120 condos in the King West neighbourhood

    High Demand

    Residences of The Ritz Carlton is the
    ?
    most popular building out of 120 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$1,870,000 - $2,438,000$1,900,000 - $2,275,000No DataNo DataNo Data
    Avg. Cost Per SqftNo Data$1,411$1,478No DataNo DataNo Data
    Avg. Wait for Unit AvailabilityNo Data133 Days123 Days481 Days1215 Days312 Days
    Ratio of Units in Building1%31%46%11%4%6%

    Market Inventory

    Total number of units listed and sold in King West