Graywood Developments
The Ritz-Carlton
183 Wellington Street West, Toronto, ON M5J 2H5, Ontario
The Ritz-Carlton is a new pre-construction condominium by Graywood Developments in Toronto, Ontario.
The Ritz-Carlton is a completed luxury condominium in downtown Toronto, developed by Graywood Developments in partnership with Cadillac Fairview. The building combines branded residences above a five-star Ritz-Carlton hotel that opened in 2011.
Suites here are among the larger offerings in the core, with two- and three-bedroom layouts spanning roughly 1,233 to over 10,854 square feet at 183 Wellington Street West.
Key project details
- Location
- 183 Wellington Street West, Toronto, ON M5J 2H5, Toronto, Ontario
- Developer
- Graywood Developments
- Home types
- 2–3 bedroom suites, approximately 1,233 to over 10,854 sq ft
- Occupancy
- Completed and occupied (hotel opened 2011)
Gallery
How this listing is verified
- ✓ Listing facts compiled from multiple public sources and cross-checked by LIQWD's audit system
- ✓ Pricing and availability update as builders release them — last updated October 1, 2026
- ✓ Corrections from verified agents and builders are reviewed by our team — pre-construction details change; confirm final terms with the sales team
Local amenities
Sitting in Toronto's central business and entertainment district, The Ritz-Carlton places residents within walking distance of the city's downtown offices, restaurants, and cultural venues. The address on Wellington Street West is close to the Financial District, King Street West, and the theatre and entertainment strip that anchors this part of the core.
As a branded residence above the hotel, day-to-day living is oriented toward the amenities and services associated with the Ritz-Carlton hotel below.
Getting around
Downtown Toronto's location gives residents strong access to transit and highways. Union Station, the city's main GO Transit and rail hub, sits a short distance south, connecting to regional GO lines and the TTC subway. The Gardiner Expressway runs along the waterfront nearby, linking to the Don Valley Parkway and Highway 427 for drivers heading in and out of the core.
About Graywood Developments
Graywood Developments is a Toronto-based real estate development company with a long track record in the Greater Toronto Area, working across residential and mixed-use projects. For The Ritz-Carlton, Graywood partnered with Cadillac Fairview, a national commercial real estate company known for major office and retail properties. Together they delivered one of downtown Toronto's landmark branded residence and hotel projects.
Buying pre-construction at The Ritz-Carlton
Because The Ritz-Carlton is a completed and occupied building, purchases here are typically resales rather than new pre-construction sales. That means transactions follow the standard resale process: an offer, conditions such as financing and inspection where applicable, and a closing date agreed between buyer and seller.
For buyers new to condominium ownership in Ontario, it is worth requesting and reviewing the status certificate, which outlines the corporation's finances, reserve fund, rules, and any legal matters. This document, along with the declaration and bylaws, gives a clear picture of the building's obligations and monthly fees.
Note that Ontario's 10-day cooling-off period under the Condominium Act applies to new pre-construction condos purchased from a developer, not to resale transactions. For a completed building like this one, work with a licensed real estate agent and lawyer to confirm the terms that apply to your purchase.
Frequently asked questions
Where is The Ritz-Carlton located?
The Ritz-Carlton is at 183 Wellington Street West in downtown Toronto, Ontario, in the heart of the city's Financial and entertainment districts.
Who is the developer of The Ritz-Carlton?
The residences were developed by Graywood Developments in partnership with Cadillac Fairview, a national commercial real estate company.
What types of suites are available?
The building offers two- and three-bedroom suites, with floor plans ranging from approximately 1,233 to more than 10,854 square feet.
Is The Ritz-Carlton still under construction?
No. The building is complete and occupied, and the Ritz-Carlton hotel component opened in 2011. Any purchase here is a resale rather than pre-construction.
How much do suites at The Ritz-Carlton cost?
Current pricing is not published here. As a completed luxury building, availability and prices vary by suite; a real estate representative can confirm what is currently listed and at what price in Canadian dollars (CAD).
What is nearby?
The building is in downtown Toronto within walking distance of the Financial District, King Street West, and the theatre and entertainment area, with Union Station and major highways close by.
Information last updated October 1, 2026. Details are provided by the builder and may change without notice.
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