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For RentResidences of The Ritz CarltonEst Lease Timeframe 8 Days
5.0
$12,500/mth
2 Beds
3 Bath
1 Parking
2,534 SQFT
1 Day on Strata
Listing History
Unit Highlights
Possession Date:
February 1, 2025
Lease Term:
1 Year
Property Type:
Condo
Utilities Included:
No
Outdoor Space:
None
Furnished:
No
Exposure:
South East
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
Stone Floor
25.82 x 14.47ft
Living
Combined with Dining, Hardwood Floor, Gas Fireplace
25.82 x 14.01ft
Dining
Combined with Living, Hardwood Floor
25.82 x 13.32ft
About this Listing
The Ritz Carlton, a 5-star hotel and Toronto's most prestigious address. Exceptional & spacious 2,534 square feet suite with 2 bedrooms, 2.3 bathrooms, refinished hardwood floor and professionally painted. Direct elevator access, breathing panoramic views of the city, hardwood floors, floor-to-ceiling windows and eat-in kitchen. 24-hour concierge, valet parking luxurious Ritz-Carlton services and amenities: spa, pool, gym, sky lobby, directly connected to the PATH.
sotheby`s international realty canadaMLS® #C11921239
Amenities
Party Room
Guest Suites
Media Room
Sauna
Car Wash
Business Centre
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.
Similar Listings
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%
Price Trends
Building Trends At Residences of The Ritz Carlton
Days on Strata
Units at Residences of The Ritz Carlton spend an average of
27
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
AVERAGEchance 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 againProperty Value
-43%
Decrease in property value within the past twelve months
Price Ranking
N/A
Highest price per SQFT out of 112 condos in the King West area
Sold Units
1
Units were Sold over the past twelve months
Rented Units
19
Units were Rented over the past twelve months
Best Value Rank
Residences of The Ritz Carlton offers the best value out of 112 condos in the King West neighbourhood
?
Appreciation Rank
Residences of The Ritz Carlton has the highest ROI out of 112 condos in the King West neighbourhood
?
Rental Yield
Residences of The Ritz Carlton yields the highest rent prices out of 112 condos in the King West neighbourhood
?
High Demand
Residences of The Ritz Carlton is the most popular building out of 112 condos in the King West neighbourhood
?
Transaction Insights at 183 Wellington Street W
| Studio | 1 Bed | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|---|
| Price Range | No Data | No Data | $2,130,000 | No Data | No Data | No Data |
| Avg. Cost Per Sqft | No Data | No Data | $1,257 | No Data | No Data | No Data |
| Price Range | No Data | $6,700 - $7,750 | $7,300 - $15,000 | $16,000 | $28,000 | $22,500 |
| Avg. Wait for Unit Availability | No Data | 110 Days | 112 Days | 360 Days | 1215 Days | 312 Days |
| Avg. Wait for Unit Availability | No Data | 52 Days | 40 Days | 222 Days | No Data | 863 Days |
| Ratio of Units in Building | 1% | 33% | 49% | 11% | 5% | 5% |
Transactions vs Inventory
Total number of units listed and leased in King West
