Maintenance Fees
Residences of The Ritz Carlton vs The King West Area
for sale
44 Days on Strata
4602/03 - 183 Wellington St W
$22,500,000
3 Beds
5 Bath
3 Parking
6,000 SQFT
Price History
- Maintenance Fees:
- $9,100/mth
- Taxes:
- $39,500 (2024)
- Property Type:
- Condo
- Cost Per Sqft:
- $3,750/sqft
- Outdoor Space:
- None
- Locker:
- Owned
- Possession Date:
- TBD
- Exposure:
- North South
Amenities
Concierge
Gym
Guest Suites
Indoor Pool
Party Room
Rooftop Deck
About this Listing
Welcome to Cielo Alba, Residences of The Ritz Carlton, the epitome of luxury condominium living in Toronto. This extraordinary Approximately 6,000 square feet 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 and 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 UNDERGROUND PARKING SPOTS. See schedule D
sotheby's international realty canadaMLS® #C12453860
Utilities & Inclusions
- Hydro
- Not Included
- Heat
- Not Included
- Air Conditioning
- Not Included
- Water
- Not Included
- Parking
- Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Dimensions
- Foyer
- 0 x 0ft
- Elevator, Marble Floor
- Great Rm
- 31.92 x 14.83ft
- Open Concept, Se View, Windows Floor to Ceiling
- Dining
- 17.26 x 16.57ft
- East View, Windows Floor to Ceiling, hardwood floor
- Kitchen
- 29 x 14.83ft
- Combined with Great Room, Eat-In Kitchen, Overlooks Water
- Powder Rm
- 0 x 0ft
- 2nd Bedroom
- 18.57 x 14.08ft
- 3 Piece Ensuite, South View, hardwood floor
- 3rd Bedroom
- 13.58 x 13.32ft
- 5 Piece Ensuite, Walk-in Closet, South View
- Laundry
- 9.68 x 5.91ft
- Quartz Counter, Laundry Sink, Built-in Shelves
- Living
- 26.08 x 17.42ft
- Ne View, Fireplace, hardwood floor
- Office
- 19.65 x 17.09ft
- Ne View, Wet Bar, hardwood floor
- Powder Rm
- 0 x 0ft
- Primary
- 27.43 x 19.92ft
- 5 Piece Ensuite, Fireplace, North View
Buyer's Market
Balanced
Seller's Market
Building Spotlight
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Explore King West
Map
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
Household Income
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
LOWchance 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 againProperty 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
| Studio | 1 Bed | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|---|
| Price Range | No Data | $1,870,000 - $2,438,000 | $1,900,000 - $2,275,000 | No Data | No Data | No Data |
| Avg. Cost Per Sqft | No Data | $1,411 | $1,478 | No Data | No Data | No Data |
| Price Range | No Data | $6,800 - $8,000 | $7,000 - $18,000 | $22,500 | No Data | No Data |
| Avg. Wait for Unit Availability | No Data | 133 Days | 123 Days | 481 Days | 1215 Days | 312 Days |
| Avg. Wait for Unit Availability | No Data | 56 Days | 40 Days | 237 Days | No Data | 863 Days |
| Ratio of Units in Building | 1% | 31% | 46% | 11% | 4% | 6% |
Market Inventory
Total number of units listed and sold in King West
