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$1,899,000
DOM22days183 Wellington Street · Toronto · Ontario M5V 0A1
22 days on market
Welcome to Suite 3803 at The Ritz-Carlton Residences, an exceptional opportunity to enjoy true five-star living in one of Toronto's most prestigious addresses. Offering approximately 1,400 sq. ft. of luxurious interior space, this elegant 1-bedroom, 2-bathroom residence features soaring 10-foot ceilings, a generously proportioned living room ideal for entertaining, and a sophisticated layout designed for both comfort and style.Perfectly positioned in an unmatched downtown location, residents are…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
No price-drop or motivated-seller signals detected from MLS data we track on this listing.
Property history
Comparable sales
Brokered by: RE/MAX REALTRON TNS REALTY INC.
Source: TRREB/PROPTX · MLS® C13849780
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20%+ required — no CMHC insurance on $1.5M+ homes
≈ $0.07/ft² × ~1,300 ft² · ON avg ~$75/mo
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 46% of your true cost of ownership. The other 54% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $86,451 | $7,204/mo |
| Government & taxes | ||
| Property tax | $9,215 | $768/mo |
| Land transfer tax(closing) | $34,455 | $2,871/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Gas | $1,500 | $125/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $18,990 | $1,583/mo |
| Condo fees | ||
| Condo / HOA fees | $27,899 | $2,325/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $187,670 | $15,639/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.