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For saleMLS® W13799464

501 - 50 Old Mill Road, Toronto, ON M8X 1G7

Kingsway South, Toronto · Near Bloor St. W and Old Mill Road · View map

$3,698,000
2Beds
3Baths
2750–2999Sq ft
Condo apartmentType
$2,710/moMaint. fee
Underground · 2 spacesGarage
2 totalParking
$16,175/yrTaxes
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Other homes for sale in Kingsway South

Live from the Connect network
$3,698,000
Underground parking2 parking spaces in total
Private terraceYour own outdoor space
Water includedCovered by the maintenance fee
Central airCool all summer
FireplaceCozy winters

About this home

This rare full-floor penthouse at The Riverstone offers 2,959 sq. ft. of living space with sweeping views of both the city skyline and Humber River. Direct elevator access opens to a bright, functional layout featuring engineered hardwood throughout and custom-built cabinetry. The kitchen includes premium appliances such as a Wolf cooktop and oven, Falmec hood, and custom millwork. The living room features a marble-faced fireplace with quartz hearth, perfect for relaxed evenings or entertaining. The primary suite offers heated stone floors in the ensuite, custom closets, and tranquil views. White oak shaker doors, panels, and baseboards add a consistent, high-end finish throughout. Includes two parking spaces and a locker. Don't miss this opportunity to own a one of a kind penthouse in a highly sought-after building and neighbourhood.

The home

Type
Condo apartment
Style
Apartment
Square footage
2750-2999 sq ft
Bedrooms
2
Bathrooms
3
Kitchens
1
Rooms
7
Basement
None
Faces
South East
Level
5
Balcony
Terrace
Laundry
In-Suite Laundry
Approximate age
31-50 years

Ownership & fees

Ownership
Condominium
Maintenance fee
$2,710.00/mo
Fee includes
Water, Building Insurance, Parking
Complex
The Riverstone
Property management
St. George Property Management Inc.
Pets
Allowed, with restrictions
Locker
Exclusive
Exterior
Brick

Heating & cooling

Heating fuel
Electric
Heating type
Heat Pump
Air conditioning
Central Air
Fireplace
Yes

Garage & parking

Garage
Underground
Garage spaces
2
Total parking
2

Taxes & other

Property taxes
$16,175/yr
Tax year
2025
Occupancy
Vacant
Possession
T.B.D
Cross street
Bloor St. W and Old Mill Road
Neighbourhood
Kingsway South

More

Price per sq ft
~$1,286 (at 2,875 sq ft)
MLS® number
W13799464

The home and its surroundings

  • Carpet Free

Included in the maintenance fee

  • Water
  • Building Insurance
  • Parking
Want to know something that isn’t listed?
Estimated monthly cost$18,975per month, all in
  • Mortgage
  • Property tax
  • Maintenance fee

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
    Open the calculators
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    50 Old Mill Road, Toronto, ON M8X 1G7

    Kingsway South, Toronto · Near Bloor St. W and Old Mill Road

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    Sold history

    Listing history for 50 Old Mill Road

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 501 - 50 Old Mill Road

    Answers come straight from this home’s MLS® listing.

    How much is 501 - 50 Old Mill Road listed for, and what would it cost each month?

    501 - 50 Old Mill Road is listed for $3,698,000. With 20% down ($739,600), the mortgage payment would be roughly $14,917 a month at 4.5% over 30 years. Add property tax and the maintenance fee and the estimate comes to about $18,975 a month, all in. That figure is an illustration, not a quote.

    Is 501 - 50 Old Mill Road freehold or a condo, and is there a monthly fee?

    501 - 50 Old Mill Road is a condo apartment in Kingsway South, Toronto. Ownership is condominium: you own the unit and a condo corporation looks after the common elements. The maintenance fee is $2,710.00 a month. The listing says it covers water, building insurance, parking. Fees can change, so confirm the current amount in the status certificate.

    How many bedrooms and bathrooms does 501 - 50 Old Mill Road have?

    501 - 50 Old Mill Road has 2 bedrooms and 3 bathrooms.

    Does 501 - 50 Old Mill Road have a garage and parking?

    Yes. The listing shows the garage as underground, with room for 2 cars. In total the listing counts 2 parking spaces.

    Does 501 - 50 Old Mill Road have a finished basement?

    No. The listing shows no basement for this home.

    What style of home is 501 - 50 Old Mill Road?

    501 - 50 Old Mill Road is a condo apartment. A condo apartment is a unit in a multi-storey building, owned outright, with a monthly fee for the shared parts of the building.

    How big is 501 - 50 Old Mill Road?

    The listing puts the home between 2,750 and 2,999 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.

    How is 501 - 50 Old Mill Road heated and cooled?

    Heating is heat pump (electric). Cooling is central air.

    What are the property taxes for 501 - 50 Old Mill Road?

    Property taxes are $16,175 a year (2025), or about $1,348 a month.

    Are pets allowed at 501 - 50 Old Mill Road?

    Pets are allowed, with restrictions. A condo corporation can limit the size, number or type of pet, so check the condo corporation’s rules before you offer.

    Where is 501 - 50 Old Mill Road?

    501 - 50 Old Mill Road is in the Kingsway South community of Toronto. The nearest main intersection is Bloor St. W and Old Mill Road. The postal code is M8X 1G7.

    Is 501 - 50 Old Mill Road still for sale?

    Yes. It is an active listing (MLS® W13799464). Listings here update from the board through the day and come down once a home sells.

    What are similar condos near 501 - 50 Old Mill Road asking?

    Similar condos for sale nearby right now include 6A - 2010 Bathurst Street at $3,695,000 (2 bed), 502 - 80 Yorkville Avenue at $3,499,000 (2 bed) and 1004 - 1 Bedford Road at $3,250,000 (2+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 50 Old Mill Road sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 501 - 50 Old Mill Road?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the maintenance fee. For illustration only.

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