183 Wellington St W 2302
Waterfront Communities C1, Downtown Toronto, M5V 0A1
FOR SALE
$2,888,000
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Property Description
The Ritz-Carlton Residences offers unparalleled luxury living. This spacious 1590sqft 2-bedroom suite offers 10ft high floor to ceiling windows framing stunning views of downtown Toronto. Arrive home as your valet parks your car in 1 of your 2 parking spaces and porters bring groceries and your packages up to your door. Owner spent over $200k in upgrades including ebony inlays at herringbone floors, contrast stone borders at foyer and kitchen, coffered ceilings, pot lights, Elite light fixtures, silk wall papers, Hunter Douglas electric blinds and velvet blackout curtains in bedrooms. Restoration Hardware mirrors, imported marble walls, rain shower head, heated floors and towel warmer in the zen inspired ensuite, Both bathrooms adorned with meticulously crafted $25k upgraded Waterworks faucets. Finishes also include high-end Wolf, Sub Zero & Miele appliances incl wine fridge and warming drawer. Private service entry to mechanical room. This is upscale urban living at its finest. Residents enjoy private entrances and access to world-class amenities; 2 fully-equipped fitness centres, indoor pool, hot tub, steam room, sauna, media/meeting rooms, party facilities, panoramic rooftop terraces, guest suite, theatre, and 24-hour real time monitored security. Too many to name.
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Extras
Sub-Zero Fridge, Wolf Gas Cooktop, Wall Oven & Convection Microwave with warmer, Miele Dishwasher, Sub Zero Wine Fridge, Washer/Dryer, Gas Fireplace, Existing Light Fixtures, Window Coverings, All TVs, locker & 2 side by side parking spots.
Nearby Intersections
Front & John (193)
King & John (305)
Property Features
Arts Centre, Clear View, Hospital, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1400-1599
Taxes
$8,500 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (D)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.96' x 12.17' | Marble Counter, Modern Kitchen, B/I Appliances |
| Dining | Main | 7.51' x 13.16' | Gas Fireplace, Hardwood Floor |
| Kitchen | Main | 8.17' x 12.17' | Window Flr To Ceil, Pot Lights, Hardwood Floor |
| Prim Bdrm | Main | 17.26' x 21.26' | 7 Pc Ensuite, W/I Closet, Window Flr To Ceil |
| Foyer | Main | 12.01' x 14.67' | Window Flr To Ceil, Closet, Large Closet |
| Bathroom | Main | 7.68' x 10.63' | Marble Floor, Heated Floor, Bidet |
| Furnace | Main | 3.51' x 6.00' | Separate Rm |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
183 Wellington St W 2302 is a 2-bedroom 2-bathroom condo listed for sale at $2,888,000, which is $2,056,295 (247.2%) higher than the average sold price of $831,705 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $33,007 (4.1%) compared to the previous 30 day period (March 15 - April 13) and up $1,143 (0.1%) from the same time one year ago.Inventory Change
There were 1,810 2-bedroom condos listed in Downtown Toronto over the last 30 days (April 14 - May 13), which is up 69.5% compared with the previous 30 day period (March 15 - April 13) and up 53.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($13,848) (1.7%) below asking price over the last 30 days (April 14 - May 13), which represents a $4,233 decrease compared to the previous 30 day period (March 15 - April 13) and ($5,131) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Downtown Toronto over the last 30 days (April 14 - May 13) stood at 33.1%, down from 63.4% over the previous 30 days (March 15 - April 13) and down from 65.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 25 days when successfully sold over the last 30 days (April 14 - May 13), compared to 47 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realtron Realty Inc.
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