501 - 50 Old Mill Road
Toronto W08, ON
- 2 bed
- 3 bath
- approx. 2750-2999 sqft
- Condo Apartment
- 363 days on market
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.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2025)
- $16,175
- Originally Listed
- $4,198,000
- Listed
- September 10, 2025
Price History
Property
- Style
- Apartment
- Age
- 31-50
- Construction
- Brick
- Interior
- Carpet Free
Parking
- Garage
- Underground
- Covered Spaces
- 2
- Total Parking
- 2
Utilities
- Heat Source
- Electric
Location & Legal
- Cross Street
- Bloor St. W and Old Mill Road
- Parcel Number
- 116230018
- Possession
- 30-59 days
- Occupancy
- Vacant
Condo
- Maintenance Fee
- $2,710/month
- Fee Includes
- Water Included, Building Insurance Included, Parking Included
- Pets
- Yes-with Restrictions
- Locker
- Exclusive
- Balcony
- Terrace
Included
- Inclusions
- subzero fridge/ freezer, Wolf cooktop, Wolf oven, Wolf microwave drawer, Miele dishwasher, Falmee hood, Miele Novotronic washer and dryer, Custom built cabinetry in dining room/ living room/master bedroom/ensuite/guest bath/ laundry room and family room. All media equipment in laundry room. All iPads on site.
- Exclusions
- NA
- Rental Items
- NA
Schools
Elementary
- St Pius X Catholic School0.6 km
Catholic · Toronto CDSB · 340 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 61% met the provincial standard
- Humbercrest Public School1 km
Public · Toronto DSB · 555 students
Grade 3 reading: 73% met the provincial standard · Grade 6 math: 64% met the provincial standard
- James Culnan Catholic School1.2 km
Catholic · Toronto CDSB · 560 students
Grade 3 reading: 74% met the provincial standard · Grade 6 math: 49% met the provincial standard
Secondary
- Runnymede Collegiate Institute1.4 km
Public · Toronto DSB · 495 students
Grade 10 literacy: 76% met the provincial standard
- The Student School1.6 km
Public · Toronto DSB · 105 students
- Ursula Franklin Academy1.6 km
Public · Toronto DSB · 475 students
Grade 10 literacy: 99% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Property Insights
AI-generated from listing photos. Not professional advice.
Community
Postal area M8X
- Population
- 10,624
- Private dwellings
- 4,814
- Median age
- 50.8
- Average household size
- 2.3
- Median household income
- $139,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Condo & Other in Toronto W08 · last 12 months
- Median sold price
- $877,500
- Homes sold
- 1,266
- Median days on market
- 22
- Sale-to-list price
- 97.9%
Based on 1,266 recorded sales of residential condo & other properties in Toronto W08 over the last 12 months.
Rooms
4-piece on Main, 3-piece on Main, 2-piece on Main
Main
- Bathroom13'9" x 11'7"
- Bathroom6'6" x 4'5"
- Bathroom8'1" x 7'3"
- Bedroom26'7" x 24'7"
- Bedroom 212'6" x 18'8"
- Den15'5" x 24'7"
- Dining Room13' x 17'2"
- Family Room12'3" x 22'3"
- Kitchen15'2" x 19'1"
- Living Room15'5" x 24'7"
Listed by
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Mortgage Calculator
$799,600
Estimated Monthly Payment
$19,641
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $19,641/mo (20% down, 5.5%)
Taxes: $1,348/mo · Insurance: $1,000/mo
Maint: $2,710/mo
Estimates only. Consult a financial advisor.
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