3903-183 Wellington Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13533942

$2,149,000
For Sale
Listed 10 days ago
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2Bedrooms
2Bathrooms
1Garage
1400-1599Sq Ft

About this home

Welcome to the Luxury Residences Of The Ritz Carlton. Experience upscale living in this spacious two-bedroom, two-bathroom suite,(1400 Sq.ft. approximate), featuring soaring 10 ft. ceilings and wrap-around floor-to-ceiling windows ,Show casing breathtaking panoramic views of Toronto's skyline. The spacious primary bedroom offers a large walking closet and a 5-pc Ensuite featuring Heated floor &a Heated towel rack warmer. Gas Fireplace in the spacious Living room. Top of the line B/I appliances . Enjoy 21st Floor Terrace Lounge W/Complimentary Tea/Coffee Bar, great lake and CN tower View .Enjoy the exceptional amenities ,24 Hrs Valet Parking. cart service, Hotel Room Service available, Guest Suite, World Class Spa, Party, Meeting Room, Gym, Indoor Pool, whirpool , Sauna, Carwash. 24 Hrs Concierge service. A remarkable building to call home, combining luxury, comfort, and the renowned Ritz-Carlton lifestyle.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13533942
Bedrooms
2
Bathrooms
2
Size
1400-1599
Cross streets
University/Wellington/Simcoe
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Other
Maintenance
$2,190/mo
Exposure
North East
Property tax
$7,500 / 2025
Days on market
10
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

Dining RoomMain5.28 × 4.93 m

hardwood floor · combined w/living · window floor to ceiling

KitchenMain4.53 × 3.20 m

marble floor · centre island · open concept

Bedroom 2Main4.10 × 3.59 m

hardwood floor · closet · window

Primary BedroomMain4.54 × 3.84 m

hardwood floor · 5 pc ensuite · walk-in closet(s)

Living RoomMain5.28 × 4.93 m

hardwood floor · gas fireplace · window floor to ceiling

FoyerMain3.09 × 3.02 m

marble floor · closet · 3 pc bath

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

The assigned public school is Ogden Junior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. King St West at John St East Side is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Heated floors: comfort and a premium-finish signal.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Primary suite: a key comfort and resale feature.
  • Lifestyle
  • Weigh carefully
  • Worth verifying
Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$1.08Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

4905-65 Bremner Boulevard$1.25M3509-35 Mariner Terrace$1.14M1203-33 University Avenue$893k325-30 Nelson Street$1.05M

The 4 closest active listings nearby.

See all comparable homes
2.15MThis home1.25M1.14M893k1.05MThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $1.11M
$1,433this home / sqft
8active listings nearby
10days on market

9 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Waterfront Communities C1, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

87/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: King St West at John St East Side, about 207 m away

20+ transit stops20+ grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Church-Yonge Corridor
$644K
Annex
$929K
Mimico
$872K
Banbury-Don Mills
$500K
Willowdale East
$488K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Ogden Junior Public School
69%
Ogden Junior Public SchoolPublic · Elementary · 0.8 km awayAround the GTA average · 69% meet the provincial standard

Affordability & Mortgage

Affordability
$9,794/mo
$436KIncome needed
4.9×Price ÷ income
$2,260Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

78%mortgage
Mortgage $9,794Property tax $625Condo fee $2,190Total carry $12,609

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$9,174per month

Mortgage amount $1,719,200 · 4.14% over 25 years

$429,800Down payment (20.0%)
$1,719,200Loan before insurance
$0CMHC premium
$11,989Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,174
Property tax
$625
Condo / maintenance fees
$2,190
Heating
$0
Estimated monthly cost
$11,989

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$40,200
Toronto municipal land transfer tax
$40,200
Estimated closing costs
$80,400

Plus your down payment of $429,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$11,143/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$1,033,087Total interest paid
$2,752,287Total of all payments
Principal $1,719,200 Interest $1,033,087
YearPrincipalInterestBalance
1$40,275$69,817$1,678,925
2$41,960$68,132$1,636,966
3$43,715$66,377$1,593,251
4$45,543$64,548$1,547,708
5$47,448$62,643$1,500,259
6$49,433$60,659$1,450,827
7$51,501$58,591$1,399,326
8$53,655$56,437$1,345,671
9$55,899$54,192$1,289,772
10$58,237$51,854$1,231,535
11$60,673$49,418$1,170,862
12$63,211$46,880$1,107,651
13$65,855$44,236$1,041,796
14$68,610$41,482$973,186
15$71,480$38,612$901,706
16$74,469$35,622$827,237
17$77,584$32,507$749,652
18$80,830$29,262$668,823
19$84,211$25,881$584,612
20$87,733$22,358$496,879
21$91,403$18,689$405,476
22$95,226$14,865$310,250
23$99,209$10,882$211,041
24$103,359$6,733$107,682
25$107,682$2,409$0

At the end of your 5-year term

Total paid over the term
$550,457
Principal paid down
$218,941
Interest paid
$331,517
Balance remaining
$1,500,259

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$4,750/mo
$57,000Gross annual rent
0.8%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

2.7%
Gross yield
− Property tax $7,500− Condo fees $26,279− Insurance $600− Vacancy & upkeep $6,270Net operating income $16,351

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REMAX YOUR COMMUNITY REALTY. MLS®/PropTx.

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