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    for sale
    23 Days on Strata
    $2,199,000
    2 Beds
    2 Bath
    1 Parking
    1,200 - 1,399 SQFT
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    Price History


    Maintenance Fees:
    $2,190/mth
    Taxes:
    $7,500 (2024)
    Property Type:
    Condo
    Cost Per Sqft:
    $1,572 - $1,833/sqft
    Outdoor Space:
    None
    Locker:
    Owned
    Possession Date:
    TBD
    Exposure:
    North East

    Amenities

    BBQs Allowed
    Concierge
    Gym
    Guest Suites
    Indoor Pool

    About this Listing

    Luxury Residences Of The Ritz Carlton, Toronto. Spacious Two Bedrooms, Two Baths, 10ft Ceilings. Breathtaking Panoramic View Of Toronto's Skyline. Wrap Around Tall Windows. Master bedroom with large walking closet and 5-pc ensuite bath and heated floor, heated towel rack warmer. Split floor plan, Gas Fireplace in Living room, 21st Floor Terrace Lounge W/Complimentary Tea/Coffee Bar, 24 Hrs Valet Parking/cart service. Hotel Room Service available, Hotel Amenities, Guest Suite, World Class Spa, Party, Meeting Room, Gym, Indoor Pool, Sauna, Carwash. 24 Hrs Concierge service. Enjoy the 21st Floor Terrace Lounge with View of CN Tower & Lake, BBQ Area, Complimentary Coffee/Tea Bar. Great Amenities: Gym, Indoor Pool, Sauna, Meeting Party Rooms, Guest Suites, Carwash, Etc.

    ExtrasB/I "Subzero" Fridge, "Wolf" Gas Range Cook top, "Miele" Dishwasher, "Wolf" Microwave, Exhaust Fan, Washer/Dryer, Window Shades And Custom Curtains.

    royal lepage your community realtyMLS® #C12492722

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Included
    Air Conditioning
    Included
    Water
    Included
    Parking
    Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Dimensions


    Living
    17.32 x 16.18ft
    hardwood floor, Gas Fireplace, Windows Floor to Ceiling
    Dining
    17.32 x 16.18ft
    hardwood floor, Combined with Living, Windows Floor to Ceiling
    Kitchen
    14.86 x 10.5ft
    Marble Floor, Centre Island, Open Concept
    Primary
    14.9 x 12.6ft
    hardwood floor, 5 Piece Ensuite, Walk-in Closet
    2nd Bedroom
    13.45 x 11.78ft
    hardwood floor, Closet, Window
    Foyer
    10.14 x 9.91ft
    Marble Floor, Closet, 3 Piece Bath

    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

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    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

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    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    24,225
    Average Individual Income
    $66,367
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $109,098
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    19%
    50 - 64
    19%
    65+
    19%
    Household Income
    $0 - $30,000
    47%
    $30,000+
    23%
    $60,000+
    14%
    $90,000+
    9%
    $125,000+
    5%
    Housing Types & Tenancy
    High Rise Apartment
    36%
    Detached
    33%
    Semi Detached
    21%
    Low Rise Apartment
    4%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    71%
    Mandarin
    14%
    Cantonese
    9%
    Tamil
    2%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Korean
    1%
    Education
    University and Above
    43%
    High School
    21%
    College
    15%
    None
    13%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    18%
    Health & Related Fields
    11%
    Social Sciences
    10%
    Math & Computer Sciences
    9%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%


    Days on Strata

    Units at Residences of The Ritz Carlton spend an average of
    48
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in King West

    Turnover of Units

    On average, each unit is owned for
    5.7
    YEARS before being sold again

    Property Value

    -48%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 120 condos in the King West area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    22
    Units were Rented over the past twelve months

    Best Value Rank

    Residences of The Ritz Carlton offers the
    ?
    best value out of 120 condos in the King West neighbourhood

    Appreciation Rank

    Residences of The Ritz Carlton has the
    ?
    highest ROI out of 120 condos in the King West neighbourhood

    Rental Yield

    Residences of The Ritz Carlton yields the
    ?
    highest rent prices out of 120 condos in the King West neighbourhood

    High Demand

    Residences of The Ritz Carlton is the
    ?
    most popular building out of 120 condos in the King West neighbourhood

    Market Insights

    Transaction Insights at Residences of The Ritz Carlton

    Studio1 Bed2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$1,870,000 - $2,438,000$1,900,000 - $2,275,000No DataNo DataNo Data
    Avg. Cost Per SqftNo Data$1,411$1,478No DataNo DataNo Data
    Avg. Wait for Unit AvailabilityNo Data133 Days123 Days481 Days1215 Days312 Days
    Ratio of Units in Building1%31%46%11%4%6%

    Market Inventory

    Total number of units listed and sold in King West