50 Old Mill Road 501

Kingsway South, Toronto, M8X 1G7 · More in this building

$3,698,000

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  • 2 bedrooms
  • 3 bathrooms
  • 2 parking
  • 2750-2999 sq ft

Listed 33 days ago · MLS® W13799464

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.

Details

Type
Condo Apartment
Style
Apartment
Age
31-50 years
Size
2750-2999 sq ft
Basement
None
Garage
Underground
Kitchens
1
Property tax
$16,175 (2025)
Maintenance fee
$2,710/month
Neighbourhood
Kingsway South
Municipality
Toronto W08
Price per sq ft
$1,286 (58% above condo apartments in Toronto, $814)
Fee per sq ft
$0.94/month (Toronto median $0.92)

Interior

Bedrooms
2 above ground
Bathrooms
1 × 4-piece (main), 1 × 3-piece (main), 1 × 2-piece (main)
Rooms
7 above ground
Family room or den
Yes
Fireplace
Living Room
Laundry
In-Suite Laundry, Ensuite
Features
Carpet Free

Heating, cooling and services

Heating
Heat Pump, Electric
Air conditioning
Central Air

Building and exterior

Style
Apartment
Exterior
Brick
Age
31-50 years

Parking

Garage spaces
2
Total parking
2

Condo

Building
The Riverstone
Monthly fee
$2,710
Fee includes
Water Included, Building Insurance Included, Parking Included
Locker
Exclusive
Balcony
Terrace
Exposure
South East
Pets
Yes-with Restrictions
Property manager
St. George Property Management Inc.

More

Possession
T.B.D
Cross street
Bloor St. W and Old Mill Road

Rooms

RoomLevelSizeFeatures
BedroomMain8.11 × 7.49 m (26'7" × 24'7")4 Pc Ensuite, B/I Closet, W/O To Terrace
BathroomMain4.18 × 3.53 m (13'9" × 11'7")4 Pc Ensuite, Heated Floor, Quartz Counter
BathroomMain1.98 × 1.34 m (6'6" × 4'5")2 Pc Bath
Living RoomMain4.69 × 7.5 m (15'5" × 24'7")Marble Fireplace, W/O To Terrace, B/I Shelves
KitchenMain4.63 × 5.82 m (15'2" × 19'1")Centre Island, W/O To Terrace, Quartz Counter
Dining RoomMain3.96 × 5.24 m (13' × 17'2")W/O To Terrace, B/I Shelves
Family RoomMain3.74 × 6.79 m (12'3" × 22'3")W/O To Terrace, Combined w/Kitchen, B/I Shelves
Bedroom 2Main3.81 × 5.69 m (12'6" × 18'8")B/I Closet, W/O To Terrace
BathroomMain2.47 × 2.22 m (8'1" × 7'3")3 Pc Bath, Quartz Counter, Tile Floor
DenMain4.69 × 7.49 m (15'5" × 24'7")W/O To Terrace

History of this address

2 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Old Mill Subway3 min walk
  • 🚇 Jane Subway12 min walk
  • 🚆 Mimico GO3.9 km

Within a 10-minute walk: 3 grocery stores, 28 cafés and restaurants, 10 parks, 3 pharmacies. Nearest grocery: Salt N Mustard (800 m). Nearest park: Étienne Brûlé Park (250 m).

Schools nearby

Elementary

  • St. Pius X Catholic School Catholic
    EQAO: Gr 6 reading 100%, math 61%
    11 min walk
  • Humbercrest Public School
    EQAO: Gr 6 reading 100%, math 64%
    16 min walk
  • James Culnan Catholic School Catholic
    EQAO: Gr 6 reading 87%, math 49%
    1.3 km
  • Runnymede Junior and Senior Public School
    EQAO: Gr 6 reading 99%, math 76%
    1.4 km

Secondary

  • Runnymede Collegiate Institute
    EQAO: Gr 9 math 15%, literacy test 76%
    1.4 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M8X

Owners / renters
72% / 28%
Median household income
$139,000
Average age
48
Children under 15
13%
Homes
46% detached, 40% high-rise
Commute by transit
21%
Population
10,624

Languages spoken most at home besides English: Korean 1.3%, Ukrainian 0.8%, Serbian 0.7%, Spanish 0.7%.

Flood and conservation Regulated area

This address is inside a conservation-authority regulated area (Toronto and Region Conservation Authority): near a valley, stream, shoreline or wetland, where flooding or erosion can occur. New building, additions, pools or grading usually need a permit from the authority.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Kingsway South (2025): 25% below the Toronto average, down 20% from the year before.

  • Assault33% below average
  • Break and enter43% above average
  • Auto theft44% below average
  • Robbery63% below average
  • Theft from vehicles77% below average
  • Shootingsnone reported

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 2 active

  • 69 OLD MILL TER · 500 m
    Site Plan · Under Review · applied 2025
    Proposed 39-storey residential building (135.4 metres), inclusive of a 5-storey base building. The proposed building would have a total gross floor area of…
    Application details
  • 69 OLD MILL TER · 500 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2025
    Proposed 39-storey residential building (135.4 metres), inclusive of a 5-storey base building. The proposed building would have a total gross floor area of…
    Application details

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Flood and regulation mapping: Toronto and Region Conservation Authority open data. Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 9 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Building permits

  • Interior Alterations · 2020 · Inspection
    Proposal for interior alterations to a residential suite in an existing apartment building - UNIT 101
  • Interior Alterations · 2019 · Closed
    Proposal for the removal of 2 non-load bearing partitions between the hallway and the current den and between the kitchen and the den, work…
  • Multiple Projects · 2015 · Inspection
    To construct a one-storey rear addition, interior alterations, to enclose the existing front porch, and construct new rear deck

7 permits on this block of the street in the last 2 years, including 1 new home.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

18 City street trees within 100 m, mostly maples. That’s fewer than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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