$1,950,000 - 183 Wellington Street Unit 3803, Downtown Toronto
Condo for Sale in Downtown Toronto
New — Listed 2 days ago- MLS Number
- C13241616
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 1
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- North East
- Balcony
- None
- Listing Brokerage
- REAL BROKER ONTARIO LTD.
There are homes that offer space-and then there are those that offer a way of life. Welcome to The Ritz-Carlton Residences, where this expansive one-bedroom suite unfolds as an experience in refined living. Spanning 1,397 square feet, the residence opens into a grand, light-filled living and dining space, where soaring 10-foot ceilings and sweeping city views create an immediate sense of calm and scale. Every room is framed by the skyline-an ever-changing backdrop that shifts effortlessly from sunlit mornings to the glow of Toronto's evening lights. At the heart of the home, the Bellini-designed kitchen balances elegance and function, complete with a dedicated breakfast area that invites slow mornings and effortless entertaining. Just beyond, the primary suite becomes a true retreat-generously sized to accommodate a king bed, complemented by a luxurious 5-piece marble ensuite and a walk-in closet designed for both form and function. A separate powder room adds an extra layer of convenience for guests, while included parking ensures seamless living in the heart of the city. Yet what truly defines this residence is not just what's inside, but the world it belongs to. Living here means access to an exclusive indoor/outdoor residents' lounge, a fully equipped fitness centre, media and billiards rooms-and beyond that, the signature offerings of the Ritz-Carlton itself: a serene pool, a world-class spa, and service that anticipates your needs before you voice them. With 24/7 concierge and doorman services, privacy and discretion are not luxuries - they are standard. 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 moment here is elevated. At The Ritz-Carlton Residences, you're not simply coming home - you're stepping into a lifestyle where comfort, sophistication, and service exist in perfect alignment.
Estimate your monthly payments for this property
Estimated Payment
$8,625.51/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 3803, 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 $1625/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Downtown Toronto's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 $8,125 (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.