3803-183 Wellington Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13849780

$1,899,000
For Sale
Listed 18 days agoNo offer date stated
Request a showing
◎ Directions
1Bedrooms
2Bathrooms
1Garage
1200-1399Sq ft

About this home

In short

  • Welcome to Suite 3803 at The Ritz-Carlton Residences, an exceptional opportunity to enjoy true five-star living in one of Toronto's most prestigious addresses.
  • Offering approximately 1,400 sq. ft. of luxurious interior space, this elegant 1-bedroom, 2-bathroom residence features soaring 10-foot ceilings, a generously...
  • Enjoy the unparalleled service and amenities of the Ritz-Carlton lifestyle, including 24-hour concierge and valet parking, cart service, hotel room service, guest...

Welcome to Suite 3803 at The Ritz-Carlton Residences, an exceptional opportunity to enjoy true five-star living in one of Toronto's most prestigious addresses. Offering approximately 1,400 sq. ft. of luxurious interior space, this elegant 1-bedroom, 2-bathroom residence features soaring 10-foot ceilings, a generously proportioned living room ideal for entertaining, and a sophisticated layout designed for both comfort and style.Perfectly positioned in an unmatched downtown location, residents are moments from Toronto's financial district, the Entertainment District, world-class restaurants, theatres, TIFF Bell Lightbox, sporting venues, and the city's finest shopping and cultural attractions.Enjoy the unparalleled service and amenities of the Ritz-Carlton lifestyle, including 24-hour concierge and valet parking, cart service, hotel room service, guest suites, a world-class spa, fully equipped fitness centre, indoor pool, whirlpool, sauna, car wash, party room, and meeting facilities. A rare offering for the discerning buyer seeking exceptional space, luxury finishes, and effortless full-service living in the heart of the city.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13849780
Bedrooms
1
Bathrooms
2 (1 half)
Size
1200-1399 sq ft
Cross streets
Wellington St W & Simcoe St
Parking
1 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Concrete
Maintenance
$2,325/mo
Exposure
North East
Property tax
$9,215 / 2026
Days on market
18
Listing brokerage
RE/MAX REALTRON TNS REALTY INC.

Rooms

Dining RoomFlat5.18 × 4.27 m

hardwood floor · combined w/living

Primary BedroomFlat4.67 × 3.45 m

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

Living RoomFlat5.19 × 4.57 m

hardwood floor · combined w/dining · gas fireplace

KitchenFlat4.42 × 3.75 m

centre island · large window · stainless steel appl

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

What sellers nearby are askingCurrently listed nearby in Waterfront Communities C1 · asking prices
$967kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.

Per square foot, these ask about $1,108/sqft; this home lists at $1,461/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.90MThis home1.20M785k749k1.10M999kThis home vs active comparables

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.

Nearby neighbourhoods

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

Kensington-Chinatown
$585K
Church-Yonge Corridor
$529K
Waterfront Communities C8
$554K
Niagara
$724K
North St. James Town
$765K

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
Also nearby: 12 more schools within 2.5 km
Oasis Alternative Secondary School · Public secondary0.9 km
Bishop Macdonell Catholic School · Catholic elementary0.9 km · 82% at standard
ALPHA Alternative Junior School · Public elementary0.9 km
Jean Lumb Public School · Public elementary0.9 km · 73% at standard
Contact Alternative School School · Public secondary1.0 km
Heydon Park Secondary School · Public secondary1.2 km · 8% at standard
St Michael's Choir (Sr) School · Catholic secondary1.3 km · 98% at standard
The Waterfront School · Public elementary1.3 km · 74% at standard
Beverley School · Public elementary1.3 km
Subway Academy II · Public secondary1.3 km
St Michael's Choir (Jr) School · Catholic elementary1.3 km · 98% at standard
Downtown Alternative School · Public elementary1.4 km

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$8,655/mo
$401KIncome needed
4.7×Price ÷ income
$1,997Weekly cost
$68,910Land transfer tax, one-time (Ontario + Toronto)
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.

74%mortgage
Mortgage $8,655Property tax $768Condo fee $2,325Total carry $11,748

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.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8,400per month

Mortgage amount $1,519,200 · 4.49% over 25 years

$379,800Down payment (20.0%)
$1,519,200Loan before insurance
$0CMHC premium
$11,493Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,400
Property tax
$768
Condo / maintenance fees
$2,325
Heating
$0
Estimated monthly cost
$11,493

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

One-time closing costs

Ontario land transfer tax
$34,455
Toronto municipal land transfer tax
$34,455
Estimated closing costs
$68,910

Plus your down payment of $379,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$10,167/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

$1,000,775Total interest paid
$2,519,975Total of all payments
Principal $1,519,200 Interest $1,000,775
YearPrincipalInterestBalance
1$33,902$66,897$1,485,298
2$35,441$65,358$1,449,857
3$37,051$63,748$1,412,806
4$38,733$62,066$1,374,073
5$40,491$60,308$1,333,582
6$42,330$58,469$1,291,252
7$44,252$56,547$1,247,000
8$46,261$54,538$1,200,739
9$48,361$52,438$1,152,378
10$50,557$50,242$1,101,820
11$52,853$47,946$1,048,967
12$55,253$45,546$993,715
13$57,761$43,038$935,954
14$60,384$40,415$875,570
15$63,125$37,674$812,445
16$65,992$34,807$746,453
17$68,988$31,811$677,465
18$72,120$28,679$605,345
19$75,395$25,404$529,950
20$78,818$21,981$451,132
21$82,397$18,402$368,735
22$86,138$14,661$282,598
23$90,049$10,750$192,549
24$94,137$6,662$98,412
25$98,412$2,387$0

At the end of your 5-year term

Total paid over the term
$503,995
Principal paid down
$185,618
Interest paid
$318,377
Balance remaining
$1,333,582

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$4,100/mo
$49,200Gross annual rent
0.3%Cap rate after taxes and upkeep

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.

2.6%
Gross yield
− Property tax $9,215− Condo fees $27,899− Insurance $600− Vacancy & upkeep $5,412Net operating income $6,073

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON TNS REALTY INC.. MLS®/PropTx.

CallRequest a showing