607-50 Thomas Riley Rd
Islington-City Centre West, Toronto, Ontario M9B 0C5
- Bedrooms
- 1+1
- Bathrooms
- 2
- Size
- 700–799sq ft
- Per sq ft
- $719at the range’s middle
- Tax a year
- $2,7702026 tax year
- Built
- 0-5
- Parking
- 11 underground
- Days on market
- Members
The brief
About 607-50 Thomas Riley Rd
607-50 Thomas Riley Rd is a 1+1-bedroom, 2-bathroom condo in Islington-City Centre West, Toronto, listed for sale at an asking price of $539,000 (MLS® W13833666).
Rarely Offered: Spacious 1-Bedroom Plus Den with 2 Full Bathrooms and 775 Sq. Ft. of Living Space! Enjoy the perfect blend of space, comfort, and convenience in this bright, open-concept condo with beautiful western exposure. Located in a modern, highly sought-after building, this inviting unit features smooth ceilings, pot lights, laminate flooring, and soaring floor-to-ceiling windows with custom coverings and contemporary light fixtures. The modern kitchen boasts quartz countertops, a ceramic backsplash, stainless steel appliances, a breakfast bar, and ambient under-cabinet lighting. The private primary bedroom offers a large walk-in closet and a dedicated ensuite bathroom, while the separate den which includes a pocket door provides the ideal space for a home office or guest area. A second full bathroom adds exceptional functionality and convenience. Enjoy the added value of 1 parking space and 1 locker, along with outstanding building amenities, including 24-hour concierge service, a fully equipped gym, yoga room, party room, and outdoor BBQ terrace. An unbeatable location just a 5-minute walk to Kipling Subway Station, GO Transit, and public transit. Major highways, Sherway Gardens, restaurants, and grocery stores are all conveniently nearby. A fantastic opportunity to enjoy spacious condo living in a well-connected neighbourhood!
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall36/100−$833/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 83 condos with 2 bedrooms for lease in Islington-City Centre West right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $2,770 / 2026
- MLS® number
- W13833666
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 0-5
- Days on market
- Size
- 700-799 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Islington-City Centre West
- Municipality
- Toronto
Building
- Size
- 700-799 sqft
- Building Age
- 0-5
- Construction
- Concrete
Inside
- Bedrooms
- 1+1
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Main, 1 × 3pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Stainless Steel Fridge, Stove, Microwave/Hood Fan, Dishwasher. Stackable Washer & Dryer. All Existing Window Coverings. All Existing Light Fixtures. Internet Is Included in Condo Fees.
- Condo maint.
- $742
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 2.44 × 2.44 m | Quartz Counter, Stainless Steel Appl, Ceramic Back Splash | Main |
| Dining | 3.23 × 6.37 m | Combined W/Living, Laminate | Main |
| Living | 3.23 × 6.37 m | Combined W/Dining, Large Window, W/O To Balcony | Main |
| Primary | 3.05 × 3.23 m | 3 Pc Ensuite, Laminate, W/I Closet | Main |
| Den | 2.41 × 2.44 m | Laminate | Main |
Listing history
Buy/sell history for 607-50 Thomas Riley Rd, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $539,000 | N/A | Pc | W13833666 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $107,800
- Total mortgage amount
- $431,200
- Total interest payment
- $306,800
- Total purchase cost
- $845,800
- Mortgage payment
- $2,460/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
47%Monthly carrying cost
$3,433- Rent $2,600
- Shortfall $833
Rental income opens at $2,600, the median asking rent of 83 comparable homes for lease in Islington-City Centre West. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $7,255
- Toronto municipal land transfer tax
- $7,255
- Total land transfer tax
- $14,510
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $6,035
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $539,000
- $2,780
- Ontario total
- $7,255
Toronto’s municipal tax uses the same brackets at this price, so it adds another $7,255.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m85 test or monitoring holes also recorded.250 m
- Groundwater recorded about 3.3 m below ground nearbyThe middle water level in the well records within 500 m (183 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity4
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 12 building permits issued within 250 m in the last 2 years250 m
- Nearest airport: 5.7 km5.7 km
- Mapped parcel: about 17,770 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · toronto.parcels
Around the home2
- Nearest rail line: 90 m90 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 2 facilities within 1 km report pollutant releases to Environment CanadaThe nearest is Helmitin Inc. — Toronto Plant, 870 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 70 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (70 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.70 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
By-law
See Former City of Etobicoke By-Law No. 11,737What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.
City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
No building permits on file at this address.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
5280 DUNDAS ST WSite planUnder Review
Proposed demolition of the existing building on the subject site and its redevelopment with a 49-storey residential building, inclusive of a 4-storey podium. This proposal comprises 541 residential dwelling units, 47 vehicular parking spacesand 406 bicycle parking spaces, resulting in a total gross floor area of approximately 32,000 square metres and a density of 25.6 times the lot area.
500 m away3925 BLOOR ST WSite planUnder Review
Proposal to demolish the existing two-storey dwellings on each lot, and to consolidate the lots to construct a six-storey (19.5 metres), 3,613.5 square-metre, purpose-built rental building containing 52 residential units.
720 m away3927 BLOOR ST WSite planUnder Review
Proposal to demolish the existing two-storey dwellings on each lot, and to consolidate the lots to construct a six-storey (19.5 metres), 3,613.5 square-metre, purpose-built rental building containing 52 residential units.
720 m away9 JOPLING AVE SSite planUnder Review
Site Plan Control application for a 39-storey mixed-use building (128.00 m-tall incl. MPH, 25,947 sqm total GFA - 210 sqm non-res GFA) with 438 dwelling units (110 - 2bd, 44 -3bd), 1752 sqm of amenity space and 32 parking spaces (6 visitor, 26 residential).
770 m away7 JOPLING AVE SSite planUnder Review
Site Plan Control application for a 39-storey mixed-use building (128.00 m-tall incl. MPH, 25,947 sqm total GFA - 210 sqm non-res GFA) with 438 dwelling units (110 - 2bd, 44 -3bd), 1752 sqm of amenity space and 32 parking spaces (6 visitor, 26 residential).
780 m away5230 DUNDAS ST WPlan of subdivisionUnder Review
Proposed development into 4 development blocks, buildings ranging from 10 storeys to 45 storeys, mixed use and containing 2,130 residential apartment units.
790 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Islington-City Centre West right now
- For sale now
- 163
- Median asking price
- $500K
- New in 7 days
- 17
- Price cuts
- 21%
Middle half: $449K to $600K
66 in 28 days
34 listings
This home is asking 8% above the median.
See all homes in Islington-City Centre WestAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Kipling Station | TTC subway: Line 2 Bloor-DanforthGO Transit train: Milton | 600 m |
| Islington Station | TTC subway: Line 2 Bloor-Danforth | 1.9 km |
| Royal York Station | TTC subway: Line 2 Bloor-Danforth | 2.9 km |
| Mimico GO | GO Transit train: Lakeshore West | 4 km |
| Dixie GO | GO Transit train: Milton | 4.1 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St Elizabeth Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 1.3 km | 83%Grade 6 average |
| Wedgewood Junior SchoolToronto DSB | Public · grades JK–5 | 1.4 km | 79%Grade 3 average |
| Our Lady of Peace Catholic SchoolToronto CDSB | Catholic · grades JK–8 · French Immersion | 1.4 km | 76%Grade 6 average |
| ÉÉC Sainte-Marguerite-d'YouvilleConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 2.9 km | 87%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Burnhamthorpe Collegiate InstituteToronto DSB | Public · grades 9–12 | 2.4 km | — |
| Etobicoke Collegiate InstituteToronto DSB | Public · grades 9–12 | 2.4 km | 73%Grade 9 math |
| Bishop Allen Academy Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 · French Immersion | 2.9 km | 81%Grade 9 math |
| École secondaire Toronto OuestConseil scolaire Viamonde | French-language public · grades 9–12 | 8.4 km | 82%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Islington-City Centre West are shown to signed-in members.