| Water Included | |
| Building Insurance Included | |
| Parking Included |




































































































501 - 50 Old Mill Road
Kingsway South, Toronto
$3,998,000
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.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 31-50 |
| Size | 2750-2999 sq. ft. |
| Maintenance Fees | $2,710 |
| Locker | Exclusive |
| Balcony | Terrace |
| Exposure | South East |
| Parking Type | Underground |
| Parking Spaces | 2 |
| Parking Features | None |
| Property Tax | $16,175 |
| mls© Number | W12395569 |
| Listed By | ROYAL LEPAGE REAL ESTATE SERVICES LTD. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $20,464
- Property tax
- $1,348
- Heat allowance
- $150
- Condo fees, half counted
- $1,355
- Housing costs
- $23,317 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$717,000
gross annual household income
- Payment at 4%
- $16,824 / mo
- Cash down
- $799,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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