2705-183 Wellington Street, Toronto, ON
Waterfront Communities C1, Toronto · MLS® C13881832
About this home
In short
- The Ritz-Carlton Residences - Experience Luxurious and Elegant Living in the Residences of Ritz-Carlton.
- Rarely Offered Bright South Facing 1 Bedroom 2 Bathrooms Unit Boasts 1255 Sq Ft of Living Space With Expansive Views Facing the CN Tower, 10Ft Ceilings and Floor To...
- Exquisite Luxury Finishes Throughout Including Hardwood Flooring, Gourmet Kitchen with Wolf and Sub-Zero Appliances, Gas Fire Place, Separate Walk in Laundry Room...
- As a Resident, You Will Enjoy Exclusive Access to Two Floors of Private World-Class Amenities, Including a A Sky Lobby, Fitness Centre, Meeting Rooms, Private...
- Additionally, Residents Has Access to Exceptional Services and Amenities of The Ritz-Carlton Hotel, Including A Second Fitness Centre, Access to Spa Facilities...
The Ritz-Carlton Residences - Experience Luxurious and Elegant Living in the Residences of Ritz-Carlton. Rarely Offered Bright South Facing 1 Bedroom 2 Bathrooms Unit Boasts 1255 Sq Ft of Living Space With Expansive Views Facing the CN Tower, 10Ft Ceilings and Floor To Ceiling/Wall To Wall Windows. Exquisite Luxury Finishes Throughout Including Hardwood Flooring, Gourmet Kitchen with Wolf and Sub-Zero Appliances, Gas Fire Place, Separate Walk in Laundry Room, Primary Bedroom That Includes a 5PC ensuite with Soaker Tub and a Walk-in Closet with Customer Closet Organizer. As a Resident, You Will Enjoy Exclusive Access to Two Floors of Private World-Class Amenities, Including a A Sky Lobby, Fitness Centre, Meeting Rooms, Private Theatre, Coffee Bar, Stunning Outdoor Terrace with BBQ, Private Residential Lobby, Guest Suites, Valet Parking, 24/7 Concierge. Additionally, Residents Has Access to Exceptional Services and Amenities of The Ritz-Carlton Hotel, Including A Second Fitness Centre, Access to Spa Facilities, Indoor Saltwater Pool and Hot Tub. Nestled in Toronto's vibrant Entertainment/Financial/Theatre District With Direct Access to the PATH System. Reside in One Of Toronto's Most Coveted Addresses, Where World-Class Restaurants, Cultural Landmarks, Sporting Events, Concerts And Premier Shopping Destinations Are Just Steps Away.
Key facts
- Property type
- Condo Apartment, 1 Storey/Apt
- MLS®
- C13881832
- Bedrooms
- 1
- Bathrooms
- 2 (1 half)
- Size
- 1200-1399 sq ft
- Cross streets
- Wellington and University
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $2,044/mo
- Exposure
- South
- Property tax
- $7,021 / 2026
- Days on market
- 10
- Listing brokerage
- RE/MAX CONDOS PLUS CORPORATION
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 readThe 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.
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 $944/sqft; this home lists at $1,501/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesNeighbourhood & location
Waterfront Communities C1, Toronto, ON
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How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $1,560,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,626
- Property tax
- $585
- Condo / maintenance fees
- $2,044
- Heating
- $0
- Estimated monthly cost
- $11,255
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $35,475
- Toronto municipal land transfer tax
- $35,475
- Estimated closing costs
- $70,950
Plus your down payment of $390,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $517,530
- Principal paid down
- $190,603
- Interest paid
- $326,927
- Balance remaining
- $1,369,397
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX CONDOS PLUS CORPORATION. MLS®/PropTx.