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The Riverstone

40 Old Mill Rd, Oakville

Features

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Price/Sqft Range

800 sqft - 899 sqft

Avg Price/Sqft

$659 / sq. ft.

Completed

Built: 1983

Building Scale

Floors: 5 | Total Units: 18

Building Details

Building Type

Mid-Rise condo

Property Management

Built in 1983

Condo Corp

MTCC-623

Date Registered

Nov 7, 1983

Maintenance Fees Include

Common Element

Building Insurance

Parking

Water

Description

1 - About The Riverstone

  • Address: 40-50 Old Mill Road, Toronto
  • Neighbourhood: Baby Point-Old Millside
  • Storeys: 5
  • Units: 18
  • Year Built: 1983
  • Builder: Herbertz Haeuser Limited
  • Building Type: Mid-Rise Boutique Condominium
  • Suite Sizes: 1,355 to 2,964 sq. ft.

2 - Overview of The Riverstone

Completed in 1983 by Herbertz Haeuser Limited, The Riverstone stands as a five-storey mid-rise condominium housing 18 residences. This intimate scale creates a private community atmosphere while maintaining the conveniences of condominium living.

Located at 40-50 Old Mill Road in Etobicoke's Baby Point-Old Millside neighbourhood, the building overlooks the scenic Humber River. The Riverstone represents a boutique residential option for buyers seeking a well-established building with mature landscaping and a tight-knit community feel.

Having served the area for over four decades, this property offers residents a tranquil setting removed from busy commercial districts. The building's positioning provides both river views and easy access to Toronto's broader amenities through nearby transit connections.

3 - Suite Sizes & Value

Suites at The Riverstone span from 1,355 to 2,964 square feet, offering generous living spaces that accommodate full-sized furniture and multiple functional areas. These floor plans allow residents to create distinct zones for living, dining, working, and entertaining within their homes.

The building delivers exceptional square footage value in the Baby Point-Old Millside market, with layouts significantly larger than many newer developments. This spaciousness appeals particularly to buyers prioritizing comfort and room to spread out.

4 - Building Amenities & Features

  • Meeting and Function Room: Professional space suitable for business meetings or administrative gatherings
  • Party Room: Dedicated area for social events and resident-hosted celebrations
  • Visitor Parking: On-site parking spaces designated for guest use
  • Security: Controlled access through intercom entry system
  • Pet Policy: Specific restrictions apply to pet ownership

5 - Location Highlights

  • Humber River: Direct access to riverside trails and parklands with recreational opportunities along the waterfront
  • Old Mill Subway Station: Walking distance to transit with a score of 80/100 for connectivity
  • Nearby Neighbourhoods: Convenient proximity to The Kingsway and Baby Point areas

6 - Lifestyle Near The Riverstone

Life at The Riverstone centres around outdoor recreation and peaceful residential living. The building's location provides immediate access to the Humber River trail system, supporting active lifestyles with walking, cycling, and nature appreciation opportunities right at residents' doorstep.

The nearby subway station ensures swift connections to Toronto's downtown core for work and entertainment, while the neighbourhood itself maintains a quiet, low-density character. This combination attracts buyers seeking both urban accessibility and suburban tranquility within a boutique community setting.

7 - About the Developer

Herbertz Haeuser Limited developed The Riverstone, completing construction in 1983. The company contributed this mid-rise structure as part of Old Mill Road's established residential corridor, helping to define the low-density character that distinguishes the Baby Point-Old Millside neighbourhood today.


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