About The Riverstone
The Riverstone is a 5-storey mid-rise residential building located on Kingsway South in Toronto, developed by Herbertz Haeuser Limited and built in 1983. With just 18 units, it offers an intimate community feel in a well-established neighbourhood. Currently, there's one unit available for sale, making this a rare opportunity to join a stable, owner-occupied building.
Kingsway South sits in a residential pocket of Toronto with good access to local shopping, parks, and transit connections. The area appeals to families and professionals seeking a quieter setting while remaining close to major routes and amenities. This location offers a genuine neighbourhood atmosphere without the intensity of downtown living.
Frequently asked questions
What type of building is The Riverstone?
The Riverstone is a 5-storey mid-rise residential building completed in 1983 and developed by Herbertz Haeuser Limited. With only 18 units in total, it's a relatively small property, which typically means residents experience a tighter-knit community and more personalized building management. The mid-rise format strikes a balance between suburban character and urban convenience. Most units in the building are configured as 2-bedroom homes, with an average size around 2,750 square feet, offering substantial living space. This modest size also often means lower turnover and greater stability among the resident base.
What's the neighbourhood like, and what transit is nearby?
The Riverstone sits on Kingsway South, a tree-lined residential street in a stable, family-oriented neighbourhood. The area is characterized by detached and semi-detached homes alongside low-rise apartment buildings, creating a blend of residential density. Public transit access includes nearby bus routes that connect to major destinations across the city. The location offers walkable access to local shopping, schools, and parks, making it suitable for those who value a quieter streetscape while staying connected to the broader city. The neighbourhood has a mature, established feel with good schools and community services within reach.
What should buyers and renters know about living at The Riverstone?
Prospective buyers should expect 2-bedroom units with generous square footage, typically around 2,750 square feet, which is substantial for a mid-rise building and suggests excellent room layouts. With only 18 units, it's important to ask about maintenance fees, reserve fund contributions, and the building's age and recent upgrades. Inquire about pet policies, parking availability, and amenity offerings. Because the building dates to 1983, understanding recent capital repairs, roof conditions, and mechanical system updates is critical. The small unit count means you'll want to review the building's financial health, meeting minutes, and any ongoing or planned major work. This is an owner-occupied community, so there's typically strong resident engagement and stability.