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Condo for Sale in Downtown Toronto
72 days on market- MLS Number
- C12965744
- Property Type
- Condo
- Status
- active
- Days on Site
- 72
- Bedrooms
- 1
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- North East
- Balcony
- None
- Listing Brokerage
- CORCORAN HORIZON REALTY
There are addresses that simply shelter you - and then there is this. Perched within one of Toronto's most storied towers, this premier one-bedroom suite at The Ritz-Carlton Residences is not merely a home. It is a declaration.Soaring 10-foot ceilings draw your eye upward while floor-to-ceiling glass frames an uninterrupted canvas of the Toronto skyline - a living artwork that transforms from brilliant gold at dusk to a galaxy of city lights after dark. Inside, every surface has been considered with the precision of a couturier: rich herringbone hardwood floors anchor the space with warmth and timeless geometry, while the clean lines of contemporary finishes ensure the architecture never competes with the view.The chef's kitchen is appointed exclusively with Wolf and Sub-Zero appliances - the undisputed standard in residential luxury - anchored by an elegant kitchen island that invites both intimate dinners and effortless entertaining. A dedicated wine fridge ensures your cellar is always at the ready, wherever the evening leads.This is not simply a condominium with hotel amenities. To own here is to live as a permanent guest of one of the world's most celebrated hospitality brands - with all the discretion, warmth, and flawless service that the Ritz-Carlton name has commanded for over a century. Step beyond your lobby and find yourself at the very epicentre of Toronto's most coveted corridor. The city's finest dining, vibrant entertainment districts, the pulse of the Financial District, and seamless access to the underground PATH network - all within footsteps. At The Ritz-Carlton Residences, the city is not something you commute to. It is simply an extension of your living room.Whether your evening begins with cocktails in the lobby lounge, a reservation at one of Toronto's destination restaurants, or a quiet night in with room service delivered by white-glove staff - every hour here is lived at an entirely different register.
Estimate your monthly payments for this property
Estimated Payment
$8,798.02/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Downtown Toronto / Waterfront
Downtown Toronto / Waterfront is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Downtown Toronto / Waterfront
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Downtown Toronto / Waterfront offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
183 Wellington Street Unit 3303, Downtown Toronto / Waterfront
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1658/sqft, this property is priced above the Downtown Toronto average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 72 days on site, this property has exceeded the typical selling timeline for Downtown Toronto. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Investment Perspective
Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $8,288 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.