50 Old Mill Road 501, Toronto, ON M8X 1G7
Kingsway South · W08 · M8X 1G7
$3,698,000
+ $2,710/mo maintenance$1,345 / sq ft1 months on market
- Bedrooms
- 2
- Bathrooms
- 3
- Interior
- 2,750 sf
- Parking
- 2
- Age
- 31-50 years
What's special
- Underground parking
- Storage locker
- Terrace
- South east exposure
- Central air
- Fireplace
- Pets with restrictions
- Water, Building insurance, Parking included
About this property
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.
Rooms
10 rooms. Dimensions as published by the listing brokerage.
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Bedroom | Main | 8.11 × 7.49 m26.6 × 24.6 ft | 4 Pc Ensuite · B/I Closet · W/O To Terrace |
| Bathroom | Main | 4.18 × 3.53 m13.7 × 11.6 ft | 4 Pc Ensuite · Heated Floor · Quartz Counter |
| Bathroom | Main | 1.98 × 1.34 m6.5 × 4.4 ft | 2 Pc Bath |
| Living Room | Main | 4.69 × 7.50 m15.4 × 24.6 ft | Marble Fireplace · W/O To Terrace · B/I Shelves |
| Kitchen | Main | 4.63 × 5.82 m15.2 × 19.1 ft | Centre Island · W/O To Terrace · Quartz Counter |
| Dining Room | Main | 3.96 × 5.24 m13.0 × 17.2 ft | W/O To Terrace · B/I Shelves |
| Family Room | Main | 3.74 × 6.79 m12.3 × 22.3 ft | W/O To Terrace · Combined w/Kitchen · B/I Shelves |
| Bedroom 2 | Main | 3.81 × 5.69 m12.5 × 18.7 ft | B/I Closet · W/O To Terrace |
| Bathroom | Main | 2.47 × 2.22 m8.1 × 7.3 ft | 3 Pc Bath · Quartz Counter · Tile Floor |
| Den | Main | 4.69 × 7.49 m15.4 × 24.6 ft | W/O To Terrace |
Features
- Carpet Free
Property details
Property
- Property type
- condo apartment
- Bedrooms
- 2
- Bathrooms
- 3
- Interior size
- 2,750 sq ft
- Year built
- 31-50
- Possession
- T.B.D
Interior
- Heating
- Heat Pump · Electric
- Cooling
- Central Air
- Fireplaces
- 1
- Exposure
- South East
- Balcony
- Terrace
Exterior & services
- Construction
- Brick
- Garage
- Underground
- Parking spaces
- 2
Condominium
- Corporation
- 623 MTCC
- Property manager
- St. George Property Management Inc.
- Locker
- Exclusive
- Pets
- Yes-with Restrictions
- Fee includes
- Water Included, Building Insurance Included, Parking Included
Costs
- List price
- $3,698,000
- Property taxes
- $16,175 / year (2025)
- Maintenance fee
- $2,710 / month
- Price per sq ft
- $1,345
- Rental items
- N/A
Listing
- MLS® number
- W13799464
- Status
- For sale
- Listed
- September 17, 2026
- Days on market
- 48
- Last updated
- September 17, 2026
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Price & sale history
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced above most comparable listings — about 100% of comparable condo apartment listings in Kingsway South are asking less.
- This home
- $1,345 / sq ft
- Comparable median
- $970 / sq ft
Based on 10 comparable active condo apartment listings in Kingsway South. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $16,357.50
- Property tax (est.)
- $1,347.93
- Maintenance fee
- $2,710.00
- Estimated monthly
- $20,415
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $78,925
- Toronto municipal
- $85,905
- Total due on closing
- $164,830
An estimate on the asking price of $3,698,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
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