501 - 50 OLD MILL ROAD, Toronto (Kingsway South)

$3,698,000

For sale: Apartment

Apartment at 501 - 50 OLD MILL ROAD, Toronto (Kingsway South)
Property type
Condo Apartment
Bedrooms / bathrooms
2 bedrooms, 3 bathrooms
Living area
2,999 sqft
MLS®
MLS® W13799464
Neighbourhood
Kingsway South

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.

Sold data

Homes in Kingsway South — recent sold market

Homes in Kingsway South took a median of 16 days to sell over the last 90 days, with the quickest quarter selling within 8 days and the slowest quarter taking more than 35, across 31 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 28 days.

The median sale price was $2,250,000.

Homes sold for about 3.6% below asking on average, so there was room to negotiate.

About 16% of sales closed above the list price.

Around 10% of sellers reduced their price before finding a buyer.

Median days to sell
16
Median sale price
$2,250,000
Sale-to-list ratio
96.4%
Sold above asking
16%

Based on 31 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Kingsway South)

Toronto (Kingsway South) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Kingsway South)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 501 - 50 OLD MILL ROAD