50 Thomas Riley Road, Toronto, ON

$479,000
MLS#:W12285990
2 beds
1 baths
600-699 sqft
1.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Islington-City Centre West. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $479,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 600-699 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Stunning 1 Bed + Den with one parking & owned locker nestled on 23rd floor of a prestigious building built in 2021 with luxury Interiors. This gorgeous apartment boats Unobstructive southern view of downtown toronto and lake Ontario. Features 9 ft ceiling and a functional open concept layout with walk out to balcony. Open Concept Modern Kitchen with Designer cabinetry, stainless steel Appliances, Quartz Countertops, backsplash and breakfast bar. Generous size Den ideal for home office or any use of your liking. Spacious Master Bed with large closet. Laminate Floor Throughout. Modern Light Fixtures. A few minute walk to Kipling GO/TTC. Minutes to Costco, Farm Boy Grocers, Sherway Gardens and Cloverdale Shopping Malls., Islington City Centre, Cloverdale Park, Silverhill Park, Greenfield Park, Trillium Hospital, IKEA, Hwy 427 and Gardiner Expy, and Pearson International Airport. Building Amenities include 24 hrs concierge, large gym, yoga room, party room, guest suites, outdoor BBQ terrace children play areas and more. Living in this condo is a real fun and great convenience. Downtown Toronto is merely 1/2 hour drive by car. Nearest Street Level Transit Stop is just 2 mins walk and nearest rail TTC is 7 mins walk. Several restaurants at the premises. Close to all schools, restaurants, Don't Miss this opportunity of owning this treat in a 2021 built building by Pinnacle. The seller is highly motivated. Would like to see offers. Tenant has signed N9. **Pics were taken when the unit was vacant.

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJuly 31, 2025
Sold price information is available to members only
Listed Date7/15/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$2,288.99

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Public Transit, School, Clear View

Interior Features

Carpet Free, Primary Bedroom - Main Floor

Security Features

Security Guard, Security System

Community Features

Location

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50 Thomas Riley Road, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 50 Thomas Riley Road 2303, Toronto W08, ON M9B 0C5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$23,950 (5.0%)
* Minimum Canadian down payment required for this price is $23,950.
Amortization Period25 Years
Estimated Monthly Payment$2,712Based on a loan of $455,050 over 25 years.
Purchase Price$479,000
Loan Amount$455,050
Provincial Land Transfer Tax:$6,055
Toronto Municipal Land Transfer Tax:$6,055
Total Estimated Closing Taxes:$12,110

About Purchasing a Home in Toronto, ON

For a property listed at $479,000 in Toronto, the legal minimum down payment is $23,950 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,055 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,055 also applies, bringing the total estimated land transfer taxes to $12,110.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,165,685

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Monica
Public14 Broadway Avenue, Toronto, Ontario, M4P 1T4
6.9
Deer Park
Public23 Ferndale Avenue, Toronto, Ontario, M4T 2B4
6.9
St Anselm
Public182 Bessborough Drive, Toronto, Ontario, M4G 3J9
8.7
Blythwood
PublicToronto, Ontario, M4G 0A6
9.4
Our Lady of Perpetual Help
Public1 1/2 Garfield Avenue, Toronto, Ontario, M4T 1E6
9.7

Secondary Schools

North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4
Northern
Public851 Mount Pleasant Road, Toronto, Ontario, M4P 2L5
8.2
Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
Leaside
Public200 Hanna Road, Toronto, Ontario, M4G 3N8
9.1
Forest Hill
Public78 Dunloe Road, Toronto, Ontario, M5P 2T6
7.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.