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For saleMLS® W13799464

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

Kingsway South · W08 · M8X 1G7

$3,698,000

+ $2,710/mo maintenance$1,345 / sq ft

1 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

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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 dimensions and features
RoomLevelDimensionsFeatures
BedroomMain8.11 × 7.49 m26.6 × 24.6 ft4 Pc Ensuite · B/I Closet · W/O To Terrace
BathroomMain4.18 × 3.53 m13.7 × 11.6 ft4 Pc Ensuite · Heated Floor · Quartz Counter
BathroomMain1.98 × 1.34 m6.5 × 4.4 ft2 Pc Bath
Living RoomMain4.69 × 7.50 m15.4 × 24.6 ftMarble Fireplace · W/O To Terrace · B/I Shelves
KitchenMain4.63 × 5.82 m15.2 × 19.1 ftCentre Island · W/O To Terrace · Quartz Counter
Dining RoomMain3.96 × 5.24 m13.0 × 17.2 ftW/O To Terrace · B/I Shelves
Family RoomMain3.74 × 6.79 m12.3 × 22.3 ftW/O To Terrace · Combined w/Kitchen · B/I Shelves
Bedroom 2Main3.81 × 5.69 m12.5 × 18.7 ftB/I Closet · W/O To Terrace
BathroomMain2.47 × 2.22 m8.1 × 7.3 ft3 Pc Bath · Quartz Counter · Tile Floor
DenMain4.69 × 7.49 m15.4 × 24.6 ftW/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.

$567KMedian $1.14M$1.71M
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

Down payment20.0% · minimum $739,600
$739,600
Interest rate5-year fixed, illustrative only
4.49%
Amortization
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.

$3,698,000

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