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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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40 Thelma Avenue Toronto C03
For SaleForest Hill South

40 Thelma Avenue Toronto C03, Detached for Sale

MLS® C13713204

Forest Hill South, Toronto, ON

73 days on market
$4,888,000
Show on Map
Show on Map
4Beds
6Baths
3,250Sqft
3Parking
Detached

Overview· 40 Thelma Avenue Toronto

MLS® #C13713204

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.

Inclusions

All appliances, ELF's and window coverings

Broker

HARVEY KALLES REAL ESTATE LTD.

Neighbourhood

Forest Hill South

Walk 77Avg $5.48MArea guide

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Walk Score®87Very WalkableVery Walkable
Transit Score®81Excellent TransitExcellent Transit
Bike Score®—Not rated for cyclingNot rated for cycling
Schools8618 schools within 1.5 km · nearest 209 m18 schools within 1.5 km · nearest 209 m
Parks448 parks within 1 km · nearest 679 m8 parks within 1 km · nearest 679 m
Convenience6621 groceries, cafes and pharmacies within 1 km · nearest 143 m21 groceries, cafes and pharmacies within 1 km · nearest 143 m
Safety90Safer than 90% of Toronto neighbourhoods (2025)Forest Hill South: 950 incidents per 100,000 residents in 2025, across all crime types, ranked against 158 Toronto neighbourhoods. Toronto counts resident population only, so business and entertainment districts rank worse than residents experience. Source: Toronto Police Services.

Highlights & Amenities· 40 Thelma Avenue Toronto

Source: MLS® listing data
40 Thelma Avenue Toronto

Detached

40 Thelma Avenue Toronto

Forest Hill South

Type

Detached

Basement

Finished

Parking

Attached (3)

Property Tax

~$20,610/yr

Heating

Forced Air

Buying Essentials

Square Feet

3250 sqft

Facing Direction

North

Parking

Attached (3)

Finances

List Price

$4,888,000

Price per SQFT

$1,504/sqft

Property Tax

~$20,610/yr

Property Specs

Property Type

Detached

MLS Size

3250 sqft

Basement

Finished

Living & Amenities

Heating Type

Forced Air

Features

Bar Fridge · Central Vacuum · Built-In Oven · Garburator · On Demand Water Heater · Sump Pump

Policies & Utilities

Neighbourhood

Forest Hill South

Listed On

Aug 26, 2026

Price & Listing History

Days on Market

Current: 73 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Schools closest to 40 Thelma Avenue Toronto.

Source: No verified source available.Catchment boundaries and ratings are shown only when available.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$19,660/mo
Property Tax$1,717/mo
Total Monthly$21,378

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0