$5,395,000 - 183 Wellington Street Unit 4301, Downtown Toronto
Condo for Sale in Downtown Toronto
Neighbourhood: Waterfront Communities C1
Want to see this home in person?
Book a private showing with Joe — pick a day and time that works for you.
- MLS Number
- C13791828
- Property Type
- Condo
- Status
- active
- Days on Site
- 21
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Taxes (2026)
- $16,712
- Maintenance Fees
- $4,113/mo
- Locker
- Owned
- Exposure
- North West
- Balcony
- None
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
This fully furnished north-west corner residence offers approximately 2590 square feet of refined luxury, thoughtfully curated for effortless, turnkey living. The highly sought-after split two-bedroom layout, complete with a separate family room, provides exceptional privacy and functionality. Floor-to-ceiling windows showcase sweeping sunset views and the architectural beauty of Roy Thomson Hall. The interiors are sophisticated and inviting, featuring rich walnut herringbone flooring and a signature two-sided fireplace anchoring the open concept living and dining space offering Motorized Blinds, Designed for both everyday comfort and entertaining, the chef's kitchen is equipped with quartz countertops, professional-grade Sub-Zero and Wolf appliances, and a Wine-cellar cooling system. The primary suite is a private retreat, complete with a spa-inspired 6-piece marble ensuite and an expansive walk-in closet. Residents enjoy the unparalleled lifestyle of The Ritz-Carlton Residences Toronto, including private residential entrance while maintaining full access to world-class hotel amenities: indoor saltwater pool, hot tub, sauna and steam rooms, dual fitness center, sky lobby with outdoor terrace and BBQ, 24-hour concierge, valet services, in-suite dining, and white-glove delivery of groceries and packages. Two-car parking and locker included. A rare opportunity to lease a fully furnished, turn-key residence offering the highest standard of urban luxury living.
Estimate your monthly payments for this property
Estimated Payment
$23,863.90/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Waterfront Communities C1
Waterfront Communities C1 is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Waterfront Communities C1
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Waterfront Communities C1 offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
183 Wellington Street Unit 4301, Downtown Toronto / Waterfront
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $2158/sqft, this property is priced above the Downtown Toronto average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 21 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $4113/month fees should cover building insurance, common elements, and reserve contributions.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
About Waterfront Communities C1
I know Waterfront Communities C1 well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.