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501 - 50 OLD MILL ROAD, Toronto (Kingsway South) — listed at $3,698,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
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. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Main level | 8.11 x 7.49 meters |
| Bathroom | Main level | 4.18 x 3.53 meters |
| Bathroom | Main level | 1.98 x 1.34 meters |
| Living room | Main level | 4.69 x 7.5 meters |
| Kitchen | Main level | 4.63 x 5.82 meters |
| Dining room | Main level | 3.96 x 5.24 meters |
| Family room | Main level | 3.74 x 6.79 meters |
| Bedroom 2 | Main level | 3.81 x 5.69 meters |
| Bathroom | Main level | 2.47 x 2.22 meters |
| Den | Main level | 4.69 x 7.49 meters |
How is the home heated? Is it efficient?+
Heating is heat pump, electric. Electric heating can mean higher winter bills — ask for past utility statements.
Does it have a basement, and is it finished?+
The listing describes the basement as: None. Confirm the finishing status during a showing — it affects both livable space and resale value.
What makes this a luxury property?+
At $3,698,000, standout features include 3 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
What do the condo/maintenance fees cover?+
The $2710/mo fee covers: Water, Insurance, Parking.
Who is 501 - 50 OLD MILL ROAD best suited for?+
With 2 bedrooms and 3 bathrooms, this is ideal for a couple, a small family, or as a low-maintenance investment property.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $16,175.17, a condo/maintenance fee of $2710/mo, heating is heat pump, electric. Always verify the latest figures with your agent before making an offer — these change yearly.
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