Condo of the Week: $3.8 million to live on the 25th floor of the Ritz-Carlton

Neighbourhood: Entertainment District
Price: $3.8 million Last sold for: $2,785,000 in 2020 Size: 1,920 square feet Bedrooms: 2 Bathrooms: 3 Parking spots: 2 Real estate agent: Andy Taylor, Sotheby’s International Realty

The place

A two-bedroom, three-bathroom corner unit in the Ritz-Carlton, perched above Wellington and the Entertainment District. This place is all about the hotel lifestyle: a private entrance and elevator, concierge service, valet parking, spa access, a gym, a boardroom, a private terrace, and housekeeping. It’s within walking distance of three subway stations and three streetcar lines as well as the Rogers Centre, the theatres on King West and several parks. 

The history

Since opening in 2011, the Ritz-Carlton tower has hosted Drake, Manuela Testolini, movie stars in town for TIFF, and too many moguls and athletes to list. The current owners landed this condo in 2020 for $2,785,000 after it languished on the market for about two months. Suburbanites, they purchased the suite as a home away from home for when they’re in town attending the theatre or sporting events. After taking residence, the owners upgraded the light fixtures, wall finishings and window coverings. Now they’re putting it back on the market for someone with a taste for downtown living.

Related: $4 million for an ivory penthouse in Port Credit steps from the waterfront

The tour 

What a location: south of Roy Thomson Hall, north of the Rogers Centre, east of the Well and west of Union Station. That’s the CBC headquarters on the right. 

Here’s the home’s foyer, lined with hardwood floors, floral wallpaper and crown-moulded ceilings, which are 10 feet throughout.

No waiting in lines at the Ritz for the elevator: this unit comes with a private one.

Now for the living area. It comes with wall-to-wall, floor-to-ceiling windows featuring unbeatable south- and west-facing views. Those Jenga-like towers in the distance are the new Nobu Residences. 

A view of the open-concept dining space. Note the chandelier and built-in speaker system. 

The kitchen has a marble island, a tiled backsplash and a gas cooktop. 

This reverse angle shows off the lake view. That’s a wine fridge in the foreground.

The kitchen is loaded with high-end appliances—a Sub-Zero fridge, a Wolf oven and a Miele dishwasher. 

This is the main bedroom, with a west-facing view and an ensuite bathroom.  

Here’s that ensuite, equipped with both a tub and a glass shower.

Down the hall is the second bedroom, which has room for a desk. 

It also has its own ensuite, with a Hollywood vanity. 

Finally, the laundry room, which has a sink and storage space. Residents also have access to another storage locker underground. 

Have a home that’s about to hit the market? Send your property to realestate@torontolife.com.