40-50 Old Mill Road
Building Details
Listing History for The Riverstone Condos
Amenities
Maintenance Fees
About 40-50 Old Mill Road — The Riverstone Condos
Anyone who’s seeking a Toronto condo for sale should consider The Riverstone Condos at 40-50 Old Mill Road. Herbertz Haeuser Limited completed this building back in 1983, but unlike other buildings of that age, maintenance fees are quite high at $1.51 per-square-foot. The 5-storey building is home to 18 suites with units ranging between 1200 and 3285 square feet.
Maintenance fees at 40-50 Old Mill Road are $1.51 per-square-foot, which is significantly higher than the city average of about $0.67, however the maintenance fees do include all utilities, making them a bit more reasonable (usually at least hydro is separate).
The Suites
Here are some stats that would interest renters or buyers at 40-50 Old Mill Road: 2 units have been sold in the past 12 months, and 0 unit has been rented over the same period.
In terms of price per-square-foot, the average cost is $872 and units tend to sell for -5.22% below the list price. Units at 40-50 Old Mill Road have a low probability of receiving more than one offer. On average, a suite will spend 78 days on the market.
The Neighbourhood
Those who call this condo home never have to travel far for dining out, as Old Mill Toronto Restaurant, Campo and Goodfellas Wood Oven Pizza are all within 16 minutes walking distance from 40-50 Old Mill Road. If you enjoy grabbing coffee locally, then you’ll love the fact that you can walk less than 17 minutes to get to The Coffee Bouquets, Little Havana Cafe y Bodega and Golden Gecko Coffee.
There are a number of grocery stores within a short drive, including FreshCo.
Planning for your future is easy with TD Canada Trust and Scotiabank in the area.
Everyone can benefit from sunshine and Vitamin D, so you’ll love to know that Old Mill Parkette, King's Mill Park North and Kingsway Gate Parkette are less than 9 minutes walking distance from 40-50 Old Mill Road.
Like to shop? Everything you need is close by when you live at 40-50 Old Mill Road, including Canada Pasabuy, The Shoppes at Stonegate and Dundas & Runnymede Shopping Plaza which are only 5 away.
If you’re tired of the usual neighbourhood attractions, then perhaps having Art Works Art School, Niki Kavakonis Designs and Roach Tackle Folk Art less than a 2-minute drive away will give you a lift. Kingsway Theatre is just a short drive away for movie nights.
There are plenty of nearby school choices — Lambton-Kingsway Junior Middle School, Sunnylea Junior School and Park Lawn Junior Middle School — with more in neighbouring areas so you can find the best school for your child’s needs.
Transportation
If you commute by public transit then the The Kingsway neighbourhood is a great choice, as you’ll find the Old Mill Station light transit stop makes it easy to get around. Residents have access to the subway stop at Old Mill, which is only 0 minutes walking distance from the building.
In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 25 Earlington Avenue, 30 Old Mill Road and 10 Old Mill Tr.
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
Maintenance Fees
Building Trends At The Riverstone Condos
Days on Strata
List vs Selling Price
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Transaction Insights at 40-50 Old Mill Road
1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
---|---|---|---|---|---|
Price Range | No Data | No Data | $1,325,000 - $1,350,000 | No Data | No Data |
Avg. Cost Per Sqft | No Data | No Data | $917 | No Data | No Data |
Price Range | No Data | No Data | No Data | No Data | No Data |
Avg. Wait for Unit Availability | No Data | No Data | 328 Days | No Data | No Data |
Avg. Wait for Unit Availability | No Data | No Data | No Data | No Data | No Data |
Ratio of Units in Building | 1% | 1% | 13% | 1% | 2% |
Unit Sales vs Inventory
Total number of units listed and sold in Kingsway