Bright And Spacious W/Expansive Flr To Ceiling Windows & Unobstructed Views. Modern 2 Bed & 2 Bath Suite. 901 Sq Ft(852+49 Sqft Balcony) Of Functional Layout With Great Finishes. Kitchen Features Quartz Countertop, Stainless Steel Appliances and Built-In Microwave. Steps To Kipling Subway And Go Station. Easy Access To Hwy 427, 403 And 401, Shopping, Restaurants And Schools.The Art Building Amenities Include: Exercise Room, Yoga Room, Party Room, Outdoor Terrace W/Bbq Area, Kid's Play Area, 24 Hrs Concierge, Visitor Parking & More! Internet Included. Must be See!
2 bedrooms, 2 bathrooms, about 800 sq ft, works out to roughly $798 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 50 Thomas Riley Rd #1509
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
800-899 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
Other
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
Other
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
50 Thomas Riley Rd #1509 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,134
/mo
based on the purchase price of $638,000
$127,600 cash
$510,400 financed
$429,891 total interest
Principal54%$510,400
Interest46%$429,891
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $638K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4908.8%On average, homes sold at or above asking.
Active listings12,646Homes for sale here right now.
Median vs prior 90 days+0.1%Compared with Apr 29 – Jul 28, 2026: prices up.
Based on 9,667 sales from Jul 28 – Oct 26, 2026 (6,902 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
6 for sale · 3 for rent at 50 Thomas Riley Rd — plus its sale and lease history.
50 Thomas Riley Rd #1509 is listed at $638,000 (MLS® W13748392). Summitly updates the price as soon as the MLS® record changes.
Is $638,000 a good price for 50 Thomas Riley Rd #1509?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 50 Thomas Riley Rd #1509 changed?
Yes — it was first listed at $648,000 and is now $638,000, a drop of $10,000 (1.5%).
How many bedrooms and bathrooms does 50 Thomas Riley Rd #1509 have?
50 Thomas Riley Rd #1509 has 2 bedrooms and 2 bathrooms, with about 800–899 square feet of living space. It is a condo in Toronto.
Is 50 Thomas Riley Rd #1509 close to transit?
The nearest rapid-transit station is Kipling Station (Line 2, Milton GO), about 400 m (about a 5-minute walk) in a straight line. Islington Station is about 1.9 km (about a 24-minute walk), and Royal York Station is about 2.9 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 50 Thomas Riley Rd #1509?
About $3,134 a month — principal and interest on $638,000 with 20% down ($127,600), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 50 Thomas Riley Rd #1509 compare with other homes in Toronto?
Its asking price of $638,000 is about 24% below the median sold price in Toronto over the last 90 days, $840,000, across 9,667 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 50 Thomas Riley Rd #1509 been sold before?
Summitly has no earlier MLS® sale or lease of 50 Thomas Riley Rd #1509 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 50 Thomas Riley Rd #1509?
50 Thomas Riley Rd #1509 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 50 Thomas Riley Rd #1509 been on the market?
51 days — 50 Thomas Riley Rd #1509 was listed on September 5, 2026.
What is the price per square foot of 50 Thomas Riley Rd #1509?
About $710 to $798 per square foot: the asking price of $638,000 over the 800–899 sq ft the listing gives as its size range.
Does 50 Thomas Riley Rd #1509 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.