$4,888,000
Est. payment $21,643/moCalculate yours
40 Thelma Avenue, Toronto, ON M4V 1X9
Forest Hill South, Toronto, ON M4V 1X9
- 3 + 1 Beds
- 6 Baths
- 1 Garage
- 3,000 Sq Ft
Listing courtesy of HARVEY KALLES REAL ESTATE LTD. MLS® C13713204
About this home
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.
Property details
Overview
- Property Type
- Detached
- Style
- 3-Storey
- For
- For Sale
- Status
- New
- Size
- 3,000 sqft
Interior
- Bedrooms
- 3 + 1
- Bathrooms
- 6
- Kitchens
- 1
- Basement
- Finished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Unknown
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 25 x 106.66 Feet
- Parking
- Attached garage · 3 total
Financial
- Property Taxes
- $20,610 (2026)
Location
- Neighbourhood
- Forest Hill South
- Cross Street
- Spadina & St.Clair
- Direction Faces
- North
Listing
- MLS® Number
- C13713204
- Days on Market
- 53
- Listed On
- 2026-08-26
- Possession
- 60-90 days
- Listed By
- HARVEY KALLES REAL ESTATE LTD.
Features
Interior
- Bar Fridge
- Central Vacuum
- Built-In Oven
- Garburator
- On Demand Water Heater
- Sump Pump
Pool
- None
- Included
- All appliances, ELF's and window coverings
Mortgage calculator
Estimated mortgage payment
$21,643 per month
- Principal and interest
- $21,643
- Property tax
- $1,717
- Condo fees
- $0
- Estimated monthly cost
- $23,361
Your mortgage
- Mortgage amount
- $3,910,400
- Mortgage insurance
- Not needed
- Interest over 25 years
- $2,582,502
Cash to close
- Down payment
- $977,600
- Land transfer tax (Ontario + Toronto)
- $245,110
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $1,222,710
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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