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    Toronto / Islington | City Centre West

    518 - 50 Thomas Riley Rd

    $619,0001 bd1 ba1 pk621 sqft
    For SaleCypress at Pinnacle
    88 Days on Strata
    Est Sell Timeframe:
    15 Days
    $619,000
    1 Bed + 1
    1 Bath
    1 Parking
    621 SQFT

    Listing History

    Details

    Property Type:

    Condo

    Maintenance Fees:

    $606/mth

    Taxes:

    $2,180 (2024)

    Cost Per Sqft:

    $997/sqft

    Outdoor Space:

    Balcony

    Locker:

    Owned

    Exposure:

    South East

    Possession Date:

    March 18, 2025

    Laundry:

    Ensuite

    Amenities

    Indoor Parking
    BBQs Allowed
    Gym
    Visitor Parking
    Party Room
    Rec Room
    Concierge

    About this Listing

    Experience modern living at Cypress at Pinnacle, ideally located just steps from Kipling Go Station and with TTC access right outside the building. Enjoy easy access to Highway 427, the Gardiner Expressway, and quick connections to downtown, shopping, restaurants, Ikea, and more. This sleek, brand-new condo features high-quality finishes, a stylish modern kitchen with quartz countertops, and unobstructed views. Building amenities include a fully-equipped gym, party room, rooftop terrace, lounge, hobby room, bike storage, and visitor parking.

    ExtrasSS Fridge, Stove, Over the Range Microwave with fan, Dishwasher. White full-size front-load stacking Washer and Dryer

    keller williams realty centresMLS® #W11939316

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Parking
    Building Maintenance
    Building Insurance
    Not Included
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning

    Wall Unit

    Heat Source

    Electric

    Heating

    Fan Coil

    Room Dimensions

    Kitchen

    Stone Counter, Stainless Steel Appliances, Backsplash

    7.97 x 7.97ft

    Living

    Laminate, Sliding Doors, Walkout To Balcony

    17.23 x 10.24ft

    Den

    Laminate

    7.22 x 9.25ft

    Bedroom

    Laminate, Large Window, Double Closet

    10.73 x 9.97ft
    Buyer's Market
    Balanced
    Seller's Market

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    6/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    8/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

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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.

    Population
    23,799
    Average Individual Income
    $66,150
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $103,533
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    21%
    65+
    21%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    23%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    4%
    Housing Types & Tenancy
    High Rise Apartment
    32%
    Detached
    31%
    Semi Detached
    23%
    Low Rise Apartment
    7%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    59%
    Other
    15%
    Mandarin
    12%
    Cantonese
    10%
    Tagalog
    1%
    Spanish
    1%
    Korean
    1%
    Tamil
    1%
    Education
    University and Above
    38%
    High School
    24%
    College
    15%
    None
    14%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    19%
    Social Sciences
    13%
    Health & Related Fields
    12%
    Math & Computer Sciences
    7%
    Humanities
    4%
    Physical Sciences
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%

    Building Trends At Cypress at Pinnacle

    Days on Strata

    Units at Cypress at Pinnacle spend an average of
    47
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Islington | City Centre West

    Turnover of Units

    On average, each unit is owned for
    4.9
    YEARS before being sold again

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    21st
    Highest price per SQFT out of 74 condos in the Islington | City Centre West area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    43
    Units were Rented over the past twelve months

    Best Value Rank

    Cypress at Pinnacle offers the
    ?
    N/A
    best value out of 74 condos in the Islington | City Centre West neighbourhood

    Appreciation Rank

    Cypress at Pinnacle has the
    ?
    N/A
    highest ROI out of 74 condos in the Islington | City Centre West neighbourhood

    Rental Yield

    Cypress at Pinnacle yields the
    ?
    N/A
    highest rent prices out of 74 condos in the Islington | City Centre West neighbourhood

    High Demand

    Cypress at Pinnacle is the
    ?
    N/A
    most popular building out of 74 condos in the Islington | City Centre West neighbourhood

    Market Insights

    Transaction Insights at Cypress at Pinnacle

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$510,000$519,900 - $609,000No Data$738,000
    Avg. Cost Per Sqft$789$878No Data$800
    Avg. Wait for Unit Availability147 Days45 Days37 Days627 Days
    Ratio of Units in Building22%47%23%7%

    Market Inventory

    Total number of units listed and sold in Islington | City Centre West