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    Toronto / Etobicoke / Islington | City Centre West

    503 - 50 Thomas Riley Rd

    For SaleCypress at Pinnacle
    $788,000
    2 Beds
    2 Bath
    1 Parking
    974 SQFT
    36 Days on Strata
    Est Sell Timeframe
    11 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $780/mth
    Taxes:
    $2,782 (2024)
    Cost Per Sqft:
    $809/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    To Be Arranged
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Open Concept, Windows Floor to Ceiling
    18.01 x 10.24ft
    Kitchen
    Breakfast Bar, Modern Kitchen
    8.01 x 8.01ft
    Prim Bdrm
    Large Window, Laminate, Walk-in Closet
    13.26 x 10.24ft

    About this Listing

    Welcome to this luxurious large 2 bedrooms, 2 bathrooms condo featuring 850 sqft of living space plus an additional 66 sqft balcony with south views on a two-year young building! Features include laminate floors, a large, modern, bright kitchen with quartz counter, backsplash, breakfast bar and upgraded appliances. Floor-to-ceiling windows, one parking, one locker and an open and spacious floor plan. Amenities include 24-hour concierge, exercise and yoga rooms, party room, outdoor terrace with BBQ, and a kids' play area. Conveniently Located Near Major Highways QEW, 427 and Gardinar, Sherway Gardens, Grocery Stores, Shopping, Restaurants, And six-minutes walking distances To Kipling Station, And Public Transportation. Truly A Must See!!! NOTE: BUILDER PRESENTLY SELLING 1BED+1 TO 2 BED+1 PRICES START FROM THE $800'S !

    Extras1 Parking + 1 Locker. High speed unlimited Internet Included in Maintenance Fee. 24-hour concierge, exercise and yoga rooms, Party room, outdoor terrace with BBQ, and a kids' play area.

    homelife landmark realty inc.MLS® #W9376460

    Amenities

    Concierge
    Party Room
    Rec Room
    Indoor Parking
    Gym Room
    BBQs Allowed

    Explore Neighbourhood

    6/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    8/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    23,799
    Average Individual Income
    $66,150
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $103,533
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    21%
    65+
    21%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    23%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    4%
    Housing Types & Tenancy
    High Rise Apartment
    32%
    Detached
    31%
    Semi Detached
    23%
    Low Rise Apartment
    7%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    59%
    Other
    15%
    Mandarin
    12%
    Cantonese
    10%
    Tagalog
    1%
    Spanish
    1%
    Korean
    1%
    Tamil
    1%
    Education
    University and Above
    38%
    High School
    24%
    College
    15%
    None
    14%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    19%
    Social Sciences
    13%
    Health & Related Fields
    12%
    Math & Computer Sciences
    7%
    Humanities
    4%
    Physical Sciences
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%

    Price Trends

    Maintenance Fees

    Cypress at Pinnacle vs The Islington | City Centre West Area

    Building Trends At Cypress at Pinnacle

    Days on Strata

    Units at Cypress at Pinnacle spend an average of
    30
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Islington | City Centre West

    Turnover of Units

    On average, each unit is owned for
    4.7
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    12th
    Highest price per SQFT out of 58 condos in the Islington | City Centre West area

    Sold Units

    15
    Units were Sold over the past twelve months

    Rented Units

    56
    Units were Rented over the past twelve months

    Best Value Rank

    Cypress at Pinnacle offers the
    ?
    N/A
    best value out of 58 condos in the Islington | City Centre West neighbourhood

    Appreciation Rank

    Cypress at Pinnacle has the
    ?
    N/A
    highest ROI out of 58 condos in the Islington | City Centre West neighbourhood

    Rental Yield

    Cypress at Pinnacle yields the
    ?
    N/A
    highest rent prices out of 58 condos in the Islington | City Centre West neighbourhood

    High Demand

    Cypress at Pinnacle is the
    ?
    N/A
    most popular building out of 58 condos in the Islington | City Centre West neighbourhood

    Transaction Insights at 5475 Dundas Street W

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$512,000 - $580,000$519,900 - $609,000$630,000 - $746,000$695,000
    Avg. Cost Per Sqft$913$893$794$758
    Avg. Wait for Unit Availability110 Days44 Days37 Days461 Days
    Ratio of Units in Building24%48%23%7%

    Transactions vs Inventory

    Total number of units listed and sold in Islington | City Centre West