$22,500,000

For sale

#4602/03 183 Wellington Street West, Toronto (Waterfront Communities) - Single Family for Sale

#4602/03 183 Wellington Street West, Toronto (Waterfront Communities), Ontario, M5V0A1

3 beds5 baths3 parking$9,100/mo condo feeListed 53 days ago

Overview

This 3-bedroom, 5-bathroom condo in Toronto is for sale. It has been on the market 53 days, fresher than the Toronto average of 57 days.

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Description

Welcome to Cielo Alba, Residences of The Ritz Carlton, the epitome of luxury condominium living in Toronto. This extraordinary Aprox 6,000 sq.ft. unit offers the trifecta of a perfect location, a world-class building, and a one-of-a-kind residence for your unparalleled urban lifestyle. 180 panoramic views, 10 & 11 foot ceilings, Poliform Millwork, 10 Foot Frameless Doors, 1000 bottle Wine Cellar, this is an ultra rare option for those seeking the upmost in elegance and condo living in Toronto. If you're seeking an elevated level of pampering and personalized attention, there's no other destination that quite compares. (id:66096)

Property Details

MLS®: C13780934
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 5
Half Baths: 2
Parking: 3
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Fireplace: Yes
Pool: Yes
Condo Fee: $9,100/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $41,000/yr
Listed

Rooms

Main level

Foyer
Partial bathroom
Primary Bedroom: 8.36 x 6.07 meters
Great room: 9.73 x 4.52 meters
Dining room: 5.26 x 5.05 meters
Bedroom: 8.84 x 4.52 meters
Partial bathroom
Bedroom 2: 5.66 x 4.29 meters
Bedroom 3: 4.14 x 4.06 meters
Laundry room: 2.95 x 1.8 meters
Living room: 7.95 x 5.31 meters
Office: 5.99 x 5.21 meters

Features

Flooring: Hardwood, Marble
Exterior: Concrete

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

53d

Toronto (Waterfront Communities) listings, avg age

57d

List price

$22.50M

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Toronto (Waterfront Communities) has been listed for 53 days, which is 4 days fresher than the city average of 57. Act while there is still low competition.

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Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA · ANDY TAYLOR

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $22,500,000, about 247.3× the local median household income of $91,000.

Carrying it typically needs a household income of about $4,395,038 (20% down, 25-yr amortization, stress-tested) — roughly 4730% above the area median.

Median household income: $91,000
Population: 59,912
Median age: 32
Owner / renter: 42% / 58%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5V)

$22,500,000

For sale

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Full Cost Breakdown

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Down Payment20% · $4,500,000

Min 20%50%

Mortgage payment$95,957/mo

Property tax (est.)$3,417/mo

Condo fee$9,100/mo

Total monthly$108,474

Cash Needed to Close

Down payment (20%)$4,500,000

Land transfer tax$1,097,950

Est. closing costs$70,000

Total cash needed$5,667,950

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