For sale

This one's priced above recent comparable sales, and 13 days on market. Here's everything I've got — ask me anything about it.

Toronto · Toronto Region · Forest Hill South

40 Thelma Avenue

Detached

MLS® #C13713204

Listed for$4,888,00013 days on market

3+1 bed 6 bath 3 parking 3000-3500 sq ft~$1,504/sq ft

13 days on market
8 schools within 1 km
Transit stop ~210 m

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Is $4,888,000 a fair price?

Our read: it’s priced above recent comparable sales — based on 9 sales nearby. Sign in free to see exactly how far above it is, plus the full range comparable homes sold in.

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Measured against 9 recent comparable sales nearby — sign in free to see the range they sold in (boards require a verified email · VOW rules).

Est. all-in monthly~$24,461/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

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This home below comps above in lineOpen full map →

8 schools within ~1 km · nearest transit stop ~0.21 km

Property information

What house buyers ask first

Lot size: 25 × 106.66 ft
Square footage: 3000-3500 sq ft
Property tax: $20,610 / yr
Parking: 3 spaces · Attached
Basement: Finished

Property summary

Property type: Detached
Style: 3-Storey
Lot size: 25 × 106.66 ft
Parking: 3 spaces · Attached
Heating: Forced Air
Air conditioning: Central Air
Basement: Finished
Kitchens: 1
Exterior: Brick
Property tax: $20,610 / yr
MLS®: C13713204

Room dimensions

Denwindow, 4 pc ensuite, hardwood floor

Second—

Laundryhardwood floor, b/i shelves

Second—

Bedroom 23 pc ensuite, window floor to ceiling, closet

Second—

Recreationwindow, hardwood floor

Basement—

Bedroom 4hardwood floor, window

Basement—

Kitchenhardwood floor, b/i bar, b/i appliances

Main0.0 × 0.0 m

Dining Roomhardwood floor, window floor to ceiling, b/i bar

Main0.0 × 0.0 m

Family Roomhardwood floor, w/o to patio, fireplace

Main—

Officewindow floor to ceiling, hardwood floor

Third—

Bedroom 33 pc ensuite, window floor to ceiling, walk-in closet(s)

Second—

Primary Bedroomwalk through, hardwood floor, 6 pc ensuite

Third—

As stated by the MLS®, nothing inferred.

Nearby homes for sale

Below-comps first · all nearby homes shown, not just the good-value ones.

Condo Apartment

$1,641,900

Above recent sales

2 Forest Hill, Unit 407

1+1 bed · 2 bath·1000-1199 sq ft·1 parking·$1,430/mo fee

Toronto

Listed 1 day ago · P2 Realty Inc.

Condo Apartment

$1,650,900

Above recent sales

2 Forest Hill Road, Unit 406

1+1 bed · 2 bath·1000-1199 sq ft·1 parking·$1,438/mo fee

Toronto

Listed 1 day ago · P2 Realty Inc.

Condo Apartment

$2,259,900

Above recent sales

2 Forest Hill, Unit 208

2+1 bed · 3 bath·1400-1599 sq ft·1 parking·$2,451/mo fee

Toronto

Listed 1 day ago · P2 Realty Inc.

The numbers that matter

Property tax: $20,610/yr
Est. all-in: ~$24,461/mo

Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.

Schools

Schools near this home, closest first by straight-line distance. These are factual locations — AskEmma doesn’t rate or rank schools.

Bishop Strachan School, ThePrivate · Elementary & Secondary · ..0.2 km
Forest Hill AcademyPrivate · Secondary · ..0.2 km
Holy Rosary Catholic SchoolCatholic · Elementary & Secondary · Toronto CDSB0.6 km
Forest Hill Junior and Senior Public SchoolPublic · Elementary & Secondary · Toronto DSB0.6 km
Arrowsmith SchoolPrivate · Elementary & Secondary · ..0.6 km
Upper Canada CollegePrivate · Elementary & Secondary · ..0.6 km

Locations: Open Database of Educational Facilities (ODEF), Statistics Canada v2.1 (2022) · Open Government Licence – Canada. School locations as of 2022 — confirm current catchment and enrolment with the school board. For official provincial results, check EQAO.

Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

Lonsdale RoadNearest transit · Bus stop~210 m
Heath St EntranceNearest subway · Subway~590 m
BloorNearest GO / rail · GO / regional rail~4.8 km

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Toronto

$765KMedian sold

31Median days on market

98.7%Sale-to-list

Median sold price · Toronto1-yr -10% · 3-yr —

Source: TRREB sold data via Repliers · all property types

Neighbourhood demographics — Toronto

2,794,356Population (2021)

39.6Median age

$84,000Median household income

51.9%Home owners

48.1%Renters

2.4Avg household size

Source: Statistics Canada, 2021 Census

Description & details

Welcome to 40 Thelma Avenue, a masterfully designed four-level home in the heart of Forest Hill Village. Just steps from the neighbourhood's beloved shops, cafes, and restaurants, and moments from prestigious private schools including Upper Canada College and The Bishop Strachan School, this residence offers an exceptional blend of luxury, location, and lifestyle. Designed by renowned architect Richard Wengle and completed in 2023, this custom-built home spans over 4,500 square feet of beautifully curated living space. Exquisite custom cabinetry and millwork elevate every room, while a fully integrated smart home system provides seamless control of lighting, audio, TVs, window coverings, climate, and security. Generous ceiling heights and floor-to-ceiling windows on every level flood the home with natural light, while built-in surround sound enhances the living experience throughout. Outside, a heated driveway and heated rear patio provide year-round comfort and convenience, complemented by discreet security bollards for added peace of mind. The stunning kitchen is designed for both everyday living and entertaining, complemented by a temperature-controlled wine cabinet ideal for collectors. The second floor features two spacious bedrooms, each with an ensuite, plus a versatile den or play area with its own ensuite that can easily be converted into a fourth bedroom. A dedicated laundry room adds convenience. Occupying the entire top floor, the primary suite is a luxurious private sanctuary featuring a spacious bedroom with walkout balcony, oversized glass-enclosed shower, separate soaking tub, double vanity, custom makeup station, private office, and dedicated wellness space. With timeless architecture, exceptional finishes, intelligent design, and an unparalleled location, 40 Thelma Avenue is a rare opportunity to own an extraordinary home in one of Toronto's most prestigious and walkable neighbourhoods.

The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by HARVEY KALLES REAL ESTATE LTD.. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.