1 / ...
For Sale
$22,500,000
Unit 4602/03
MLS# C12853630183 Wellington Street W 4602/03, Toronto C01, ON M5V 0A1
3bed|5bath|5000 +sqft
3parking|1locker
Residential Condo & Other|$9100 fees|$25096 tax
171 days on market
Residences of The Ritz Carlton Condos in Toronto C01
183 Wellington St W, Toronto
79
Total Units
4
For Sale
0
For Rent
14
Sold
51
Leased
$7.3M
Avg Price
54
Days (Sale)
35
Days (Lease)
Get Instant
Digital Estimates
Browse Condos
1 / ...
For Sale
$2,395,000
Unit 2403
MLS# C13420944183 Wellington Street W 2403, Toronto, ON M5V 0A1
1bed|2bath|1600-1799sqft
1parking|1locker
Residential Condo & Other|$2549 fees|$9841 tax
76 days on market
1 / ...
For Sale
$2,239,000
Unit 2303
MLS# C13150764183 Wellington Street W 2303, Toronto C01, ON M5V 0A1
1bed|2bath|1600-1799sqft
1parking|1locker
Residential Condo & Other|$2547 fees|$9911 tax
96 days on market
1 / ...
For Sale
$2,149,000
Unit 3903
MLS# C13533942183 Wellington Street W 3903, Toronto, ON M5V 0A1
2bed|2bath|1,400sqft
1parking|1locker
Residential Condo & Other|$2190 fees|$7500 tax
48 days on market
Showing 1-4 of 4 properties
Property Type:
CondoNumber of Units:
79Condo Demand:
HighUnit Availability:
LowNumber of Storeys:
Condo Completion:
Unit Size Range:
1,200 - 3,499 SQFTProperty Management:
Ritz Carlton Property ManagementMarket Overview
For-Sale Inventory
5.1%
Highest Sale (12mo)
$4.5M
Lowest Sale (12mo)
$1.8M
Median Maintenance
$2360/mo
Year Built
Residences of The Ritz Carlton Market
Updated Aug 23, 2026
Condos
Median sale price
$4.15M
Median PSF (est.)▲ 312.1%
$5929/sqft
Sold last 90 days
1
Active listings
4
Months of inventory
–
Avg days on market
26
Sale-to-list ratio
95.16%
Absorption rate
0.0%
Market Insights
Price reductions (90d)
Price-reduction rate: 0.00%
Monthly reduction trend
2025-04: 0.0% (3 listings)
Re-entries (past 12 months)
Re-entries: 0 · rate 0.00%
Median PSF (est.) vs parent area
Median PSF: $5,929 — +569.60% vs community avg ($885)[premium]
Supply vs demand by unit type (90d)
Sample: 4 active listings · 1 sold (90d)
studio: 0 active / 0 sold · mismatch +0.00%
1br: 2 active / 0 sold · mismatch +50.00%
2br: 1 active / 0 sold · mismatch +25.00%
3br: 1 active / 1 sold · mismatch -75.00%
Concession pattern by unit type (90d)
1br (4 sales) — 75.00% closed with concessions, avg 5.31% below ask
2br (6 sales) — 83.33% closed with concessions, avg 7.22% below ask
Market Intelligence
Price per sqft analysis and trends
Residences of The Ritz Carlton
Sale PSF
$1355/sqft
9 sales
Lease PSF
$5.24/sqft/mo
32 leases
Waterfront Communities C1
Sale PSF
$894/sqft
93 sales
Lease PSF
$4.61/sqft/mo
1 leases
Toronto C01
Sale PSF
$883/sqft
173 sales
Lease PSF
$4.45/sqft/mo
1 leases
Toronto
Sale PSF
$788/sqft
861 sales
Lease PSF
$3.85/sqft/mo
1 leases
Price Per Sqft Trends
Avg:$1362/sqft
Range: $1005 - $1788/sqft
Exact sqft
Estimated
Fallback
Avg
Location Comparison
| Location | Sale PSF | Lease PSF | # Sales | # Leases |
|---|---|---|---|---|
Residences of The Ritz CarltonThis Building | 1355 | 5.24/mo | 9 | 32 |
Waterfront Communities C1 | 894+52% | 4.61/mo+14% | 93 | 1 |
Toronto C01 | 883+53% | 4.45/mo+18% | 173 | 1 |
Toronto | 788+72% | 3.85/mo+36% | 861 | 1 |
Green badges indicate the building is priced below the comparison area. Data from closed transactions.
Market Analysis
Sale prices at Residences of The Ritz Carlton average $1355/sqft, which is significantly above the Waterfront Communities C1 community average of $894/sqft (+52%).
Prices here are premium compared to the broader Toronto area ($788/sqft).
Rental rates are strong at $5.24/sqft monthly, 14% above the community average, with solid rental yield of 4.6%.
The building has seen 9 sales and 32 leases in recent transactions, indicating moderate market activity.
Avg Sale PSF
$1355
Avg Lease PSF
$5.24/mo
Gross Yield
4.6%
Transactions
41
Investment Analysis
Est. Monthly Rent
$7,441
Based on $5.24/sqft
Gross Yield
4.64%
Good Yield
Before expenses
Net Yield
2.08%
Low Yield
After expenses
Years to Recover
21.6
Via rental income
vs Waterfront Communities C1
-1.55%
Waterfront Communities C1 avg: 6.19%
vs Toronto C01
-1.41%
Toronto C01 avg: 6.05%
Avg. Monthly Operating Costs
Maintenance: $3125/mo
Property Tax: $977/mo
Building PSF Range
$4Avg: $1,355/sqft$1,625
💡 Investment Insight: Residences of The Ritz Carlton provides moderate yield at 4.64%, balancing cash flow with appreciation potential. Yield is 1.55% below Waterfront Communities C1 average, likely due to premium pricing. Operating costs reduce yield by 2.56% - consider maintenance fees when evaluating.
Parking & Locker Values
Parkingcommunity
Purchase
N/A
Monthly Lease
$208.93/mo
Lockergeneric
Purchase
$10K
Monthly Lease
$50/mo
Data based on closed transactions. PSF = Price per Square Foot. Yields calculated as annual rent / sale price.
Amenities
BBQs Allowed
Car Wash
Community BBQ
Concierge
Elevator
Exercise Room
Guest Suites
Gym
Indoor Pool
Media Room
Party Room/Meeting Room
Rooftop Deck/Garden
Sauna
Visitor Parking
Maintenance Fee Includes:
A/CBuilding InsuranceCommon ElementsCondo TaxesHeatHydroParkingWater
Loading chart...
Building Reviews
Loading reviews...
💰
Estimate your home value
Sign in or create a free account to access the Residences of The Ritz Carlton seller estimator. We'll match you against same-building comparables and tax-band sales.
Already have an account? Click above and choose "Sign In".
List Your Residences of The Ritz Carlton Condo With Us
Get Your Free Market Evaluation
Book a Visit
Schedule a personalized tour
About Residences of The Ritz Carlton Condos
Residences of The Ritz Carlton is a premier condominium located at 183 Wellington St W, Toronto in Toronto C01. This 79-unit building offers residents luxurious urban living with modern amenities and convenient access to the city's best dining, shopping, and entertainment options.
Currently, there are 69 units available at Residences of The Ritz Carlton, with prices averaging around $7321K. The building features a variety of floor plans to suit different lifestyles, from cozy studios to spacious multi-bedroom units.
Residences of The Ritz Carlton stands out in Toronto C01's competitive real estate market for its prime location. Residents enjoy easy access to public transit, major highways, parks, and all essential services. The building's modern design and well-maintained facilities make it an attractive choice for both homeowners and investors.
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 and market analysis.
Explore more real estate in the wider area: Waterfront Communities C1, Toronto C01 and the Toronto area.
Units for Sale at Residences of The Ritz Carlton
Keywords: Residences of The Ritz Carlton Toronto C01 Real Estate
Residences of The Ritz Carlton condos for sale, Residences of The Ritz Carlton units for rent,183 Wellington St W, Toronto, Toronto C01 condos,Toronto C01 real estate, luxury condos Toronto C01, Residences of The Ritz Carlton building amenities, Toronto C01 condo market,buy condo Toronto C01, sell condo Toronto C01
a♥ıly
Get Your AI Real Estate Plan
Ask aily about Residences of The Ritz Carlton