40 Old Mill Rd

40 Old Mill Road in the Kingsway South neighbourhood of Toronto is a low-rise, two-storey apartment condominium completed in 1983. The building comprises several residential units with an average sold size of approximately 1,500 square feet per unit. Recent sales have averaged around $1,350,000 ($900 per square foot), with monthly maintenance fees averaging roughly $1,460 per unit or $1.46 per square foot, covering heat, water, and building insurance. Units typically include owned parking. The property is situated within walking distance of Old Mill Trail station and near multiple parks, restaurants, and schools. Before making an offer, prospective buyers should obtain and review the property's status certificate, reserve fund study, financial statements, board minutes, insurance policy, and by-laws to fully understand the building's condition and governance.