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Unit 3505 at Residences of The Ritz Carlton

Sold

183 Wellington Street W 3505, Toronto C01, ON M5V 0A1

MLS #C12372660

$2,438,000

Sold on October 29, 2025

October 29, 2025

Originally listed at $2,438,000 16 days on market

About This Property

The Residences at The Ritz-Carlton is second to none and this unit offers breathtaking South views of the CN Tower and the Waterfront. Located In The Heart Of Toronto's Financial, Entertainment And Theatre Districts this address offers an unparalleled lifestyle. The Exquisite 1 Bedroom Suite is Meticulously Designed with Approx 1,560 sq ft of Living Space. In Pristine Condition With Real Hardwood Herringbone Floors, Bright and Soaring 10ft Floor to Ceiling Windows. It features Designer Bellini Custom Kitchen Cabinetry With Sub-Zero, Wolf & Miele Appliances with A 5-Burner Gas Cooktop, Granite Counter Tops, An Undermount Sink, Water Filtration System, A Centre Island With Undercounter Wine Storage And Spacious Eat-In Kitchen Area. The Grand Bedroom Retreat Includes A 5 piece Ensuite With Glass-Spa Like Shower, Relaxing Deep Soaker Tub & Walk-In Closet. The Ritz-Carlton Experience is Upscale Living At Its Finest. Residents Enjoy Private Entrances And Access To World Class-Star Hotel Amenities with Complimentary Valet Parking and Car Service; 2 Fully-Equipped Fitness Centres, Indoor Saltwater Pool, Hot Tub, Steam Room, Sauna,Media/Meeting Rooms, Party Facilities, Panoramic Rooftop Terraces, Guest suite, Theatre, and 24-hour Real Time Monitored Security. Directly connected to the P.A.T.H - 30Km Underground Walkway. Do not miss this this Rare Opportunity To Acquire This Exceptional World Class Residence At The Ritz Carlton! **EXTRAS** Sky Lobby, Relax By The Fire Or BBQ ON THE 21st Terrace W/Scenic Lake views. Walk To Toronto's Harbourfront, CN Tower, Rogers Centre, Scotiabank Arena & St Lawrence Market. Close By Drive to Yonge/Bloor street- Yorkville Shopping District.

Investment Analysis

$7,860
Est. Monthly Rent
Based on $5/sqft
3.87%
Gross Yield
Before expenses
2.41%
Net Yield
After expenses
25.8
Years to Recover
Via rental income
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($2251/mo) and property tax ($8,541/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$1,625/sqft
Residences of The Ritz Carlton
$1,355/sqft+19.9%
Waterfront Communities C1
$894/sqft+81.7%
Toronto C01
$979/sqft
Building PSF Range
$1,118$1,625

Premium Pricing

This unit is priced 19.9% above the building average. This may reflect premium features, views, or floor level.

Analysis based on 9 sales and 32 leases in this building. Unit size estimated at 1500 sqft.

Property Details

Bedrooms

1

Bathrooms

2

Square Feet

1400-1599 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-2165
MLS Size1400-1599
Listed OnAug 31, 2025
Maintenance Fees$2,251/month
Property Tax$8,541/year

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Rooms

NameSize (m)Size (ft)Features
Living Room(Flat)4.24 x 4.5413.9 x 14.9-
Living Room(Flat)4.24 x 4.5413.9 x 14.9-
Dining Room(Flat)4.24 x 4.1213.9 x 13.5-
Dining Room(Flat)4.24 x 4.1213.9 x 13.5-
Kitchen(Flat)4.39 x 4.4814.4 x 14.7-
Kitchen(Flat)4.39 x 4.4814.4 x 14.7-
Primary Bedroom(Flat)3.91 x 4.512.8 x 14.8-
Primary Bedroom(Flat)3.91 x 4.512.8 x 14.8-

Room Dimensions Available

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Unit 3505 History

Complete transaction history for this unit

Leased

Leased: Mar 14, 2026

$9,000/mo

+$250 (2.9%)

Listed: $8,75012 days on marketLease
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2 More Transactions Available

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Price History

Original List Price

$2,438,000

Listed on Aug 31, 2025

Sold Price

$2,438,000

Sold on Oct 29, 2025

16 days on market

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Available For Sale in This Building

OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NameResidences of The Ritz Carlton
Address183 Wellington St W, Toronto
Parking TypeUnderground

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About Unit 3505 at Residences of The Ritz Carlton

Unit 3505 is a residential condo & other with 1 bedroom, 2 bathrooms spanning approximately 1400-1599 square feet located at Residences of The Ritz Carlton, 183 Wellington St W, Toronto. This unit is currently sold (sold for $2438K).

About Residences of The Ritz Carlton

Residences of The Ritz Carlton is located at 183 Wellington St W, Toronto in Toronto C01. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Waterfront Communities C1 Neighbourhood

This unit is located in Waterfront Communities C1, part of Toronto C01 in the Toronto area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at Residences of The Ritz Carlton, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 3505 Residences of The Ritz Carlton Toronto C01

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