40 Thelma Avenue, Toronto, ON M4V 1X9
Toronto, ON M4V 1X9
Quick cost estimateKnown monthly subtotal$24,460.58 / monthLand transfer tax $262,546One-time estimate
Quick cost estimate
$24,460.58 / monthKnown monthly subtotal
- Mortgage principal & interest
- $22,743.08
- Property tax / month
- $1,717.50
- Maintenance / month
- Period / amount not reported
Assumes 20% down, 5% annual interest and 25-year amortization. Illustrative rate, not a current quote.
Unknown expenses excluded. Mortgage insurance and closing costs are excluded; add insurance and utilities in the assumptions.
Land transfer tax · one time
- Transfer tax total
- $262,546
Before rebates, surcharges and fees. Not part of the monthly subtotal.
Tax assumptions & breakdown
- Ontario tax
- $108,675
- Toronto municipal tax
- $153,871
Current purchase scenario, before rebates, foreign-buyer taxes and fees. Confirm jurisdiction and residence classification. Not historical tax paid; excluded from the monthly subtotal.
Ontario rates · Toronto rates (April 2026)
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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.
Home details
- Days on market
- Not reported
- Property type
- Detached
- MLS® number
- C13713204
- Source status
- New
- Bedrooms
- 4
- Bathrooms
- 6
- Postal code
- M4V 1X9
- Kitchens
- 1
- Kitchens above grade
- 1
- Family room / den
- Yes
- Interior size (reported range)
- 3000-3500 (units not reported)
- Lot depth
- 106.66 ft
- Garage parking spaces
- Not reported
- Total parking spaces
- 3
- Occupancy
- Owner
- Possession type
- 60-89 days
- Garage
- Attached
- Annual property tax
- 20609.97
- Basement
- Finished
- Interior features
- Bar Fridge, Central Vacuum, Built-In Oven, Garburator, On Demand Water Heater, Sump Pump
- Architectural style
- 3-Storey
- Parking features
- Private
- Pool features
- None
- Fireplace
- Yes
- Waterfront
- No
- Garage available
- Yes
- Heating system
- Forced Air
- Heating fuel
- Gas
- Cooling
- Central Air
- Sewer
- Sewer
- Direction facing
- North
- Construction materials
- Brick
- Roof
- Unknown
- Foundation
- Unknown
- MLS entry age (not confirmed DOM)
- 70 days
These details come from the listing source. Please confirm measurements and fees before making a decision.
Utilities and services
- Sewer
- Sewer
- Heating system
- Forced Air
- Heating fuel
- Gas
- Cooling
- Central Air
A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.
Room sizes
Room measurements will load from this listing’s saved source snapshot.
Measurements are shown only when saved by the listing feed. Converted values are approximate.
- Bedrooms above grade
- 3
- Bedrooms below grade
- 1
- Rooms above grade
- 9
- Rooms below grade
- 2
- Den / family room reported
- Yes
Room counts and measured room dimensions are separate source fields. No measurements are inferred.
Price history
- Asking amount
- $4,888,000
Original MLS entry
Entry into the source MLS system; distinct from days on market.
This history uses dates and prices supplied by the listing source. Some details may be missing.
Nearby homes sold near 40 Thelma Avenue, Toronto, ON M4V 1X9, Toronto
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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.
Explore affordability & closing-cost tools →Map and neighbourhood
- Region / county
- Toronto
- Municipality
- TORONTO
- MLS® community
- Forest Hill South
- MLS® district
- Toronto C03
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Around this property
Schools, transit & everyday places
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Nearby schools
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Transit near this property
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Nearby shops & amenities
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Similar homes for sale in Toronto
Current public IDX listings in the same city and transaction type. These are alternatives to explore, not sold comparables or an appraisal.
Property questions
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Measurements, lot details and features are displayed as reported by the listing source or a named public dataset. Missing facts are not inferred. Confirm material details with the listing brokerage.
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They are nearby records from the displayed source datasets. Distances are approximate straight-line distances; school catchment eligibility, ratings, walking routes, hours and live transit service are not inferred.
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How should I use the monthly cost estimate?
It is a planning estimate based on the visible assumptions and reported property figures. It is not a lender quote, tax assessment, legal opinion or mortgage approval.
Home and neighbourhood overview
40 Thelma Avenue, Toronto, ON M4V 1X9, Toronto is listed as for sale — Detached. Reported details include 4 bedrooms, 6 bathrooms, interior size of 3000-3500 (units not reported). Asking price: $4,888,000. Reported occupancy: Owner. MLS® C13713204.
Local context
Explore the area: Toronto · Forest Hill South.
This overview uses facts reported by the listing and named local sources. Please confirm details with the listing brokerage.
Listing brokerage: HARVEY KALLES REAL ESTATE LTD.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® C13713204. Information deemed reliable but not guaranteed.