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    408 - 50 Thomas Riley Rd

    For SaleCypress at Pinnacle
    $689,900
    1 Bed + 1
    2 Bath
    1 Parking
    780 SQFT
    14 Days on Strata
    Est Sell Timeframe
    15 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $725/mth
    Taxes:
    $0 (2024)
    Cost Per Sqft:
    $884/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    West
    Possession Date:
    April 1, 2025
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Open Concept, Walkout To Terrace, Laminate
    33.79 x 68.9ft
    Dining
    Combined with Living, Laminate
    10.27 x 21ft
    Kitchen
    Breakfast Bar, Built-in Appliances, Laminate
    7.97 x 7.97ft

    About this Listing

    Welcome to The Cypress Condos! This stylish 1-bedroom + den suite offers 780 sq.ft. of interior space and a 115 sq.ft. terrace, ideal for outdoor relaxation. Featuring laminate floors throughout, the open-concept living and dining area creates a spacious, inviting atmosphere. The modern kitchen boasts sleek cabinetry, a ceramic backsplash, under-cabinet lighting, and a breakfast bar, all complemented by stainless steel appliances. The primary bedroom is a bright retreat with a large window, walk-in closet, and a 3-piece ensuite. The den provides versatile space, perfect for a home office or creative corner. Residents enjoy premium amenities, including 24-hour concierge service, metered visitor parking, and a fully equipped exercise room. Relax in the serene yoga room or host gatherings in the party room with a kitchenette. The outdoor terrace with BBQs offers an excellent space for summer entertaining. Located near Kipling TTC Subway, bus stops, highways, shops, and restaurants, The Cypress Condos combine modern living with unbeatable convenience. Dont miss this exceptional opportunity!

    re/max plus city team inc.MLS® #W11934086


    Amenities

    Party Room
    Concierge
    BBQs Allowed
    Visitor Parking
    Rec Room
    Indoor Parking

    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%

    Maintenance Fees

    Cypress at Pinnacle vs The Islington | City Centre West Area

    Days on Strata

    Units at Cypress at Pinnacle spend an average of
    33
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    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
    4.8
    YEARS before being sold again

    Property Value

    -1%
    Decrease in property value within the past twelve months

    Price Ranking

    7th
    Highest price per SQFT out of 74 condos in the Islington | City Centre West area

    Sold Units

    15
    Units were Sold over the past twelve months

    Rented Units

    45
    Units were Rented over the past twelve months

    Best Value Rank

    Cypress at Pinnacle offers the
    ?
    N/A
    best value out of 74 condos in the Islington | City Centre West neighbourhood

    Appreciation Rank

    Cypress at Pinnacle has the
    ?
    N/A
    highest ROI out of 74 condos in the Islington | City Centre West neighbourhood

    Rental Yield

    Cypress at Pinnacle yields the
    ?
    N/A
    highest rent prices out of 74 condos in the Islington | City Centre West neighbourhood

    High Demand

    Cypress at Pinnacle is the
    ?
    N/A
    most popular building out of 74 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$667,000 - $746,000$695,000
    Avg. Cost Per Sqft$918$882$806$758
    Avg. Wait for Unit Availability110 Days45 Days37 Days461 Days
    Ratio of Units in Building24%49%22%7%

    Transactions vs Inventory

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