Residences of The Ritz Carlton condo building exterior
Luxury Condo

Residences of The Ritz Carlton

by Graywood Developments Ltd

183 Wellington Street W, Toronto, ON M5V 0A1

Year Built

2011

Total Units

158

Avg $/sqft

$1,470

Storeys

52

Available Units in Residences of The Ritz Carlton

9

Units for sale

From $1,899,000

Photo of Unit 3803, 183 Wellington Street W

Unit 3803, 183 Wellington Street W

Toronto (Waterfront Communities)

For Sale
Listed for:

Listed 28 days ago

$1,899,000
  • 1Bedroom
  • 2Bathrooms
  • 1Parking
  • 1.2K~1.4KSq.Ft.

Condo ApartmentFor Sale

Photo of Unit 2705, 183 Wellington Street W

Unit 2705, 183 Wellington Street W

Toronto (Waterfront Communities)

For Sale
Listed for:

Listed 22 days ago

$1,950,000
  • 1Bedroom
  • 2Bathrooms
  • 1Parking
  • 1.2K~1.4KSq.Ft.

Condo ApartmentFor Sale

Photo of Unit 3702, 183 Wellington Street W

Unit 3702, 183 Wellington Street W

Toronto (Waterfront Communities)

For Sale
Listed for:

Listed 6 days ago

$1,980,000
  • 2Bedrooms
  • 2Bathrooms
  • 1Parking
  • 1.4K~1.6KSq.Ft.

Condo ApartmentFor Sale

Photo of Unit 2202, 183 Wellington Street W

Unit 2202, 183 Wellington Street W

Toronto (Waterfront Communities)

For Sale
Listed for:

Listed Aug 3, 2026

$2,076,000
  • 1Bedroom
  • 2Bathrooms
  • 1Parking
  • 1.4K~1.6KSq.Ft.

Condo ApartmentFor Sale

4

Units for rent

From $11,500monthly

Photo of Unit 3903, 183 Wellington Street W

Unit 3903, 183 Wellington Street W

Toronto (Waterfront Communities)

For Rent
Listed for:

Listed 21 days ago

$11,500monthly
  • 2Bedrooms
  • 2Bathrooms
  • 1Parking
  • 1.4K~1.6KSq.Ft.

Condo ApartmentFor Rent

Photo of Unit 2306, 183 Wellington Street W

Unit 2306, 183 Wellington Street W

Toronto (Waterfront Communities)

For Rent
Listed for:

Listed 22 days ago

$13,750monthly
  • 2Bedrooms
  • 2Bathrooms
  • 1Parking
  • 1.6K~1.8KSq.Ft.

Condo ApartmentFor Rent

Photo of Unit 2301, 183 Wellington Street W

Unit 2301, 183 Wellington Street W

Toronto (Waterfront Communities)

For Rent
Listed for:

Listed 20 days ago

$15,500monthly
  • 2Bedrooms
  • 2Bathrooms
  • 1Parking
  • 1.4K~1.6KSq.Ft.

Condo ApartmentFor Rent

Photo of Unit 4301, 183 Wellington Street W

Unit 4301, 183 Wellington Street W

Toronto (Waterfront Communities)

For Rent
Listed for:

Listed Aug 26, 2026

$30,000monthly
  • 2+1Bedrooms
  • 3Bathrooms
  • 2Parking
  • 2.5K~2.7KSq.Ft.

Condo ApartmentFor Rent

Live MLS · Updated daily

Overview

First there are condos built within hotels, and then there are the Residences of the Ritz Carlton. And in terms of condo living, it doesn’t get all that much more luxurious than this.

The 52-storey mixed-use structure at 183 Wellington Street West serves two purposes: to pamper its star-studded lineup of hotel guests, and to please its long-term residents. Built in 2011, the building manages to feel exclusive regardless of its size, since only 158 King West condos are actually available for purchase here.

The first 20 floor make up the Ritz Carlton Toronto hotel, with the residences located above. Thankfully, the building has a separate entrance just for residents — especially handy for when paparazzi are outside the hotel lobby, waiting for Benedict Cumberbatch to leave for the day.

For those who prefer to stay away from the spotlight, there's plenty of separation between residents and hotel guests. For example, the lounge and terrace on the 21st storey is only for homeowners living at the Residences of the Ritz Carlton Condos.

However, when residents decide they do want celebrity sightings in their lives, they will simply need to head over to the hotel lounge, known as DEQ.

Toronto condos for sale at 183 Wellington Street have attracted many buyers who work in the financial field, perhaps because they are so large and luxurious and one needs that kind of salary to be able to afford a place here.

Residents who do decide to shell out the cash for a spot in the building also benefit from hotel-style perks, such as room service, a cleaning service, 24-hour valet, a spa and pool, and of course a colossal ballroom.

Friends of residents are in luck as well, thanks to the guest suites available to owners. But the amenities don’t stop there: residents also have access to a concierge, visitor parking, gym, party room, sauna, cinema room, and meeting room, as well as direct access to the PATH and subway.

Developer

Graywood Developments Ltd

Year Built

2011

Property Type

Luxury Condo

Storeys

52

Total Units

158

Management

Ritz Carlton Property Management

Amenities

Underground Parking

Indoor Pool

Guest Suites

Fitness Centre

Rooftop Garden

Visitor Parking

Theatre Room

Party Room

24/7 Concierge

Price History

105 records
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Market Stats

Prices in Residences of The Ritz Carlton are up 13.4% compared to last year.

$1,470

Avg $/sqft

+13.4%

YoY change

50

Avg days on market

Location & Walkability

Walk Score

98/100

Daily errands on foot

Transit Score

100/100

TTC, GO, subway access

Bike Score

73/100

Bike lanes & infrastructure

Neighbourhood in Toronto

King West

vibrant urban active

King West is a vibrant neighbourhood in Toronto known for its lively atmosphere. It offers a mix of urban living with access to various amenities.

No homes currently for sale No rental listings available Schools rated 7 Close to city amenities

At a glance

Day to dayLivability

7

Schools near listings

out of 10 · averaged over 10 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

In Ontario

$716,900

Median monthly rent

In Ontario

$2,499

On the marketMarket snapshot

For sale

0

For rent

0

Recently sold

Sign in to see sold data

Recently leased

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Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

  • Lively atmosphere with urban conveniences
  • Good school ratings
  • Access to various amenities

Keep in mind

  • No current housing options available
  • Prices may be above city median

The feel of the placeLifestyle

Daily life in King West is dynamic with many options for dining and entertainment. It attracts a diverse crowd looking for an active urban lifestyle.

Great for young professionals first-time buyers

Within the boundaryWhat's nearby

The boundary

1.2 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

11

Parks

7

Playgrounds

35

Transit stations

7

Grocery stores

93

Restaurants

39

Cafés

10

Gyms

8

Pharmacies

Counted across all 1.2 km² of King West. From OpenStreetMap, as of 2026-10-26.

The schoolsWhich schools, and how they rate

7.4/10

Average rating of the 1 rated school in this area

2

Elementary

1

Secondary

  • Niagara Street Junior Public School

    Public · Grades JK–6 · Toronto DSB

    7.4/107.3 over 5 yrs

    626th of 3,045 Ontario elementary schools

    305 students · EQAO 2024-2025

  • ALPHA Alternative Junior School

    Public · Grades JK–6 · Toronto DSB

    Not rated

    75 students

  • Oasis Alternative Secondary School

    Public · Grades 9–12 · Toronto DSB

    Not rated

    80 students

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside King West, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

25,090

Population (2021)

1.1 km²

Area

22,396

People per km²

33.2

Median age

$98,675

Median income

46%

Own their home

1.6

People per household

15,860

Households

Every age

  • Children (under 15)6.3%
  • Working age (15–64)88.9%
  • Seniors (65+)4.8%

What is built here

  • Townhouses2.6%
  • Duplexes1.4%
  • Low-rise apartments6.1%
  • High-rise apartments89.3%

Own or rent

46%Owners

54%Renters

Across 15,860 households

When it was built

Mostly 2011–2015

  • 1960 or earlier4%
  • 1961–19802%
  • 1981–19907%
  • 1991–200010%
  • 2001–200514%
  • 2006–201015%
  • 2011–201526%
  • 2016–202123%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

32.3%
Born outside Canada
72%
Hold a degree or higher
79.9%
Employment rate
22%
Commute by transit
38.7%
Commute by car
1.3
Children per family
$81,558
Median income after tax
$133,285
Average household income
11.9%
Living on a low income
$2,062/mo
Renters pay, per month
$2,243/mo
Owners pay, per month
$742,732
Median home value at census
43%
Renters spending 30%+ of income on housing
33.2%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 12 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry