The Ritz-Carlton Residences

The Ritz-Carlton Residences at 183 Wellington Street West is a 51-storey luxury high-rise apartment condominium completed in 2011 in Toronto's Waterfront Communities neighbourhood. Managed by the Ritz-Carlton Hotel Company, the building features Ritz-Carlton-branded concierge, valet, and hotel-style services. Recent sales have averaged around $2.55 million (median $2.06 million), with units typically around 1,700 square feet. Monthly condo fees average roughly $2,755. The building offers premium amenities including an indoor saltwater pool, full-service spa, state-of-the-art gym, rooftop terrace with panoramic views, private theatre, and direct PATH access. Located steps from the Financial District, Entertainment District, fine dining, and cultural venues, it appeals to downtown professionals and investors. Before finalizing your purchase, retain a real estate lawyer to review the status certificate, reserve fund study, financial statements, board minutes, insurance coverage, and by-laws to ensure full transparency on building condition and governance.