50 Old Mill Road, Unit 501
50 Old Mill Road, Unit 501
$3,998,000
$1,351/sq ft · 318 days on market
About This Listing
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.
| Monthly Mortgage (P&I) | $17,419 |
| Property Tax (MLS) | $1,348 |
| Maintenance Fees | $2,710 |
| Total Monthly Cost | $21,477 |
Down payment: $799,600 (20.0%) · Mortgage: $3,198,400
Property tax uses MLS annual tax of $16,175/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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Data last updated: August 22, 2026 at 10:25 p.m.