This one's priced above recent comparable sales, and price reduced $200k. Here's everything I've got — ask me anything about it.
Toronto · Toronto Region · Kingsway South
50 Old Mill Road, Unit 501
Condo Apartment
MLS® #W12395569
Listed for$3,998,000$4,198,000↓Price reduced from $4,198,000362 days on market
2 bed 3 bath 2 parking 2750-2999 sq ft~$1,391/sq ft
Price reduced $200K
362 days on market
3 schools within 1 km
Transit stop ~140 m
Free · about 10 seconds
Is $3,998,000 a fair price?
Our read: it’s priced above recent comparable sales — based on 5 sales nearby. Sign in free to see exactly how far above it is, plus the full range comparable homes sold in.
Est. all-in monthly~$22,660/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.
3 schools within ~1 km · nearest transit stop ~0.14 km
Property information
What condo buyers ask first
Maintenance fee
$2,710 / month
Fee includes
Water · Parking
Square footage
2750-2999 sq ft
Parking
2 spaces · Underground
Locker
Exclusive
Exposure
South East
Balcony
Terrace
Property tax
$16,175 / yr
Building
5-storey building · Ensuite laundry
Property summary
Property type
Condo Apartment
Style
Apartment
Approx. age
31-50 years
Parking
2 spaces · Underground
Heating
Heat Pump
Air conditioning
Central Air
Basement
None
Kitchens
1
Exterior
Brick
Property tax
$16,175 / yr
MLS®
W12395569
Room dimensions
Bathroom4 pc ensuite, heated floor, quartz counter
Main4.18 × 3.53 m
Bathroom2 Pc Bath
Main1.98 × 1.34 m
Family Roomw/o to terrace, combined w/kitchen, b/i shelves
Main3.74 × 6.79 m
Bedroom 2b/i closet, w/o to terrace
Main3.81 × 5.69 m
Living Roommarble fireplace, w/o to terrace, b/i shelves
Main4.69 × 7.5 m
Bedroom4 pc ensuite, b/i closet, w/o to terrace
Main8.11 × 7.49 m
Kitchencentre island, w/o to terrace, quartz counter
Main4.63 × 5.82 m
DenW/O To Terrace
Main4.69 × 7.49 m
Dining Roomw/o to terrace, b/i shelves
Main3.96 × 5.24 m
Bathroom3 pc bath, quartz counter, tile floor
Main2.47 × 2.22 m
As stated by the MLS®, nothing inferred.
The numbers that matter
The numbers that matter
Maintenance fee
$2,710/mo
Property tax
$16,175/yr
Est. all-in
~$22,660/mo
Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.
Schools
Schools near this home, closest first by straight-line distance. These are factual locations — AskEmma doesn’t rate or rank schools.
Blyth Academy EtobicokePrivate · Secondary · ..0.8 km
St Pius X Catholic SchoolCatholic · Elementary & Secondary · Toronto CDSB0.8 km
Summit Micro SchoolPrivate · Elementary & Secondary · ..0.8 km
Humbercrest Public SchoolPublic · Elementary & Secondary · Toronto DSB1.1 km
Erudite SchoolPrivate · Elementary & Secondary · ..1.2 km
James Culnan Catholic SchoolCatholic · Elementary & Secondary · Toronto CDSB1.3 km
Locations: Open Database of Educational Facilities (ODEF), Statistics Canada v2.1 (2022) · Open Government Licence – Canada. School locations as of 2022 — confirm current catchment and enrolment with the school board. For official provincial results, check EQAO.
Getting around
Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.
Old Mill StationNearest transit · Bus stop~140 m
Old Mill TrailNearest subway · Subway~150 m
BloorNearest GO / rail · GO / regional rail~3.6 km
Source: TRREB sold data via Repliers · all property types
Neighbourhood demographics — Toronto
2,794,356Population (2021)
39.6Median age
$84,000Median household income
51.9%Home owners
48.1%Renters
2.4Avg household size
Source: Statistics Canada, 2021 Census
Description & details
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 data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.
For sale
