183 Wellington St W

TSCC 2165

Gym / Exercise Room, Pool, Concierge, Party Room, Visitor Parking, Meeting / Function Room, Pet Restrictions, Sauna, Security Guard, Enter Phone System, Spa, Guest Suites, Media Room / Cinema, Parking Garage, Business Centre

Common Element Maintenance, Building Insurance, Air Conditioning, Heat, Water

There is only one address for homebuyers that want to invest within the ‘Black Tie District’…183 Wellington Street West. The Residences of the Ritz Carlton (and the Ritz Carlton Hotel) stands tall (53 storeys) with its ground level glass atrium. Completed in 2011, the Residences of the Ritz Carlton & The Ritz Carlton Hotel was the combined efforts and result of a large team consisting of Graywood Developments & Cadillac Fairview (developers), Kohn Pedersen Fox Associates (architect) & Page + Steele/IBI Group Architects and Hirsch/Bedner (hotel interior designer) & Babey Moulton Jue & Booth (residential interior designers). The exterior façade of the Residences of the Ritz Carlton is distinctly neo-modernist, with polished-glass and a streamline design. The hotel suites absorb the first 20 floors of this building, floors 21 & 22 host some residences and amenities spaces, with floors 23 to 51 hosting condominium suites (the 52nd floor is dedicated to a penthouse suite and the 53rd floor houses building equipment). There are 158 condo suites collectively that consist of 2 bedrooms (1233 square feet) and 3 bedrooms (10854 square feet), with some suites having an additional den or library. Many of the suite interiors have such features as dimensionally generous wall-length windows, spacious bedrooms with walk-in closets, modern kitchens with island counters, hardwood flooring, 9 to 10-foot ceilings, high-end finishes, modern appliances and ensuite laundry. The in-building amenities menu is enticing for buyers, beginning with the lavish spa, fitness centre, sauna, pool, party room, business centre, cinema/media room, concierge & security services, parking garage with guest parking spaces and guest suites. The historical average PSF clearly defines the higher-than-average potential for a positive return on investment. Catering to the needs of residents and overseeing the daily operations of this building is Ritz Carlton Property Management.Tucked within the King West neighbourhood, the Residences of the Ritz Carlton (183 Wellington Street West) is encompassed by Front Street, John Street, Wellington Street & Simcoe Street. A short walk east on Front Street puts homebuyers in touch with Union Station (a walk east on King Street unfolds St. Andrew subway station at University Avenue), or, pick up a TTC streetcar stop anywhere along King Street to access north-south lines like Bathurst & Spadina or the Yonge-University subway system. Cyclists love the bicycle-friendly lanes on Wellington Street. Buyers have 3 parks within a 50-minute walk of this condo building (David Pecaut Square, Simcoe Park & Isabella Valancy Crawford Park), and some delicious food & drink options along Front Street, Wellington Street and especially along King Street both east and west. Everyday essentials shopping & errands can easily be taken care of by heading north on Spadina Avenue to Kensington Market or east on Front Street (Brookfield Place) or to Jarvis Street at the St. Lawrence Market. Motorists can use Spadina Avenue south and Lake Shore Blvd. to pick up the on-ramps east and west to the Gardiner Expressway.Just to the south, homebuyers have ‘walkable’ access to the CBC Museum, Metro Toronto Convention Centre, CN Tower, the PATH underground system which leads right into the heart of the Financial District and the highly enjoyed Roundhouse Park.