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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® W13834728For SaleCondominium

1108-50 Thomas Riley Rd

Islington-City Centre West, Toronto, Ontario M0B 1B3

Map
1 / 12
1108-50 Thomas Riley Rd, Toronto, photo 1
Asking$459,900
Bedrooms
1+1
Bathrooms
1
Size
500–599sq ft
Per sq ft
$837at the range’s middle
Tax a year
$2,2092026 tax year
Built
0-5
Parking
11 underground
Days on market
Members

The brief

About 1108-50 Thomas Riley Rd

1108-50 Thomas Riley Rd is a 1+1-bedroom, 1-bathroom condo in Islington-City Centre West, Toronto, listed for sale at an asking price of $459,900 (MLS® W13834728).

Beautiful 1+Den condo with unobstructed view in Cypress condo located in Dundas & Kipling,Toronto! Functional open concept layout! Stainless Steel Appliances, and laminate flooringthroughout! Short walk to Kipling subway station and one Parking spot and one locker included!

Insights

  • Condition Score

    Fair

    4 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Near break-even

    −$266/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
$2,209 / 2026
MLS® number
W13834728
Board
TRREB MLS®
Property Type
Condo Apt
Building Age
0-5
Days on market
Size
500-599 sqft
Listed on
Parking
1 Underground, 1 Parking
Listing brokerage: KW Living RealtyData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Apt
Style
Apartment
Community
Islington-City Centre West
Municipality
Toronto

Building

Size
500-599 sqft
Building Age
0-5
Construction
Concrete

Inside

Bedrooms
1+1
Bathrooms
1
Bathroom Details
1 × 4pc Flat
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
Condo maint.
$583

Rooms

RoomSizeFeaturesLevel
Living3.13 × 4.54 mLaminate, Combined W/DiningFlat
Kitchen2.43 × 2.43 m—Flat
Dining3.13 × 4.54 mCombined W/LivingFlat
Primary3.04 × 3.04 m—Flat
Den1.7 × 2.83 m—Flat

Listing history

Buy/sell history for 1108-50 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 StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$459,900N/AFor SaleW13834728

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $91,980

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
$91,980
Total mortgage amount
$367,920
Total interest payment
$261,780
Total purchase cost
$721,680
Mortgage payment
$2,099/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

30%

Monthly carrying cost

$2,866
−$266per month
  • Rent $2,600
  • Shortfall $266

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
$5,673
Toronto municipal land transfer tax
$5,673
Total land transfer tax
$11,346
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$2,871
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 $459,900
$1,198
Ontario total
$5,673

Toronto’s municipal tax uses the same brackets at this price, so it adds another $5,673.

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

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. 11,737
Outside By-law 569-2013

What 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

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 away

  • 3925 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 away

  • 3927 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 away

  • 9 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 away

  • 7 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 away

  • 5230 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

Middle half: $449K to $600K

New in 7 days
17

66 in 28 days

Price cuts
21%

34 listings

This home is asking 8% below the median.

See all homes in Islington-City Centre West

Asking 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

StationLinesDistance
Kipling StationTTC subway: Line 2 Bloor-DanforthGO Transit train: Milton600 m
Islington StationTTC subway: Line 2 Bloor-Danforth1.9 km
Royal York StationTTC subway: Line 2 Bloor-Danforth2.9 km
Mimico GOGO Transit train: Lakeshore West4 km
Dixie GOGO Transit train: Milton4.1 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

ElementaryTypeDistanceEQAO average 2024–25
St Elizabeth Catholic SchoolToronto CDSBCatholic · grades JK–81.3 km83%Grade 6 average
Wedgewood Junior SchoolToronto DSBPublic · grades JK–51.4 km79%Grade 3 average
Our Lady of Peace Catholic SchoolToronto CDSBCatholic · grades JK–8 · French Immersion1.4 km76%Grade 6 average
ÉÉC Sainte-Marguerite-d'YouvilleConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–82.9 km87%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Burnhamthorpe Collegiate InstituteToronto DSBPublic · grades 9–122.4 km—
Etobicoke Collegiate InstituteToronto DSBPublic · grades 9–122.4 km73%Grade 9 math
Bishop Allen Academy Catholic Secondary SchoolToronto CDSBCatholic · grades 9–12 · French Immersion2.9 km81%Grade 9 math
École secondaire Toronto OuestConseil scolaire ViamondeFrench-language public · grades 9–128.4 km82%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.

Email Kassaundra Dobson, Broker of Record