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The Riverstone

40 Old Mill Rd, Toronto, ON M8X 1G7

The Riverstone, at 40 Old Mill Rd, is a condo building in the Kingsway South area of Toronto, Ontario. It was built in 1984, has 18 residential units and stands 5 storeys tall.

Kingsway South
Year Built
1984
Units
18
Floors
5
Building Type
Mid-rise apartment condo

Market Overview

Sales (2yr)
—
Active Listings
1
Avg List Price
$3,698,000

Condo Fees

Avg Monthly Fee
$2,311
Median Fee
$2,243
Avg $/SqFt
$1.26
Units w/ Fee Data
3
Fee Includeswater, building insurance

Building Features

ExteriorBrick
Building TypeMid-rise apartment condo
Floors5 storeys
Year Built1984

Policies

Pet PolicyAllowed with restrictions

Management

Management CompanyPropertyWright Management Inc.

About This Building

The Riverstone at 40 Old Mill Road in the Kingsway South neighbourhood of Toronto was completed in 1984. This mid-rise apartment condominium spans five storeys and features mid-range to luxury units. Recent listings show average prices near $3.7 million, with monthly condo fees averaging approximately $2,311 or $1.26 per square foot, which cover water and building insurance. The building sits within walking distance of the Old Mill Trail rapid-transit station and benefits from proximity to numerous parks and dining options. Prospective buyers should arrange a thorough review of the status certificate, reserve fund study, financial statements, and board meeting minutes to understand the building's long-term maintenance obligations and financial health.

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