Welcome to this remarkable 3-Storey detached located in the coveted neighborhood of Forest Hill South. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $4,888,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
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.
Contact us to schedule a private viewing of this property.
This detached home located at 40 Thelma Avenue, Toronto is currently for sale and has been available on SousaSells for 3 days. This property is listed at $4,888,000 with an estimated mortgage of $16,270* per month. It has 4 beds, 6 bathrooms, and is 3000-3500 square feet. 40 Thelma Avenue, Toronto is in the Forest Hill South neighborhood.
Work with the SOUSA TEAM to unlock your .
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 6 bathrooms, this home offers ample space and comfort for growing families in Forest Hill South, Toronto.
Growing families needing multi-bedroom flexibility and space in Forest Hill South, Toronto.
None listed
None listed
The current listing price for 40 Thelma Avenue, Toronto, ON in Forest Hill South, Toronto is $4,888,000.
This property features 4 bedrooms and 6 bathrooms across approximately 3000-3500 sqft.
40 Thelma Avenue, Toronto, ON is a Detached (3-Storey) featuring a Finished basement.
Interior highlights include: Bar Fridge, Central Vacuum, Built-In Oven, Garburator, On Demand Water Heater, Sump Pump.
Security features include: Alarm System, Monitored, Carbon Monoxide Detectors, Security System, Smoke Detector.
Yes, this property offers parking space for 3.0 vehicles (Attached).
Heating is provided via Gas and cooling via Central Air.
Request a live agent video tour or get 3D virtual walkthrough access for 40 Thelma Avenue, Toronto, ON .
Forest Hill South, Toronto
36 assaults (293.5/100k)
53 B&E (432.1/100k)
28 thefts (228.3/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 40 Thelma Avenue, Toronto, ON M4V 1X9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $4,888,000 in Toronto, the legal minimum down payment is $977,600 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $108,675 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $108,675 also applies, bringing the total estimated land transfer taxes to $217,350.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Forest Hill South, Toronto.
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
Compare prices, square footage, and school zones for similar Residential Freehold nearby

Welcome to 7 Ridgewood Rd, Forest Hill - an exceptional custom-built residence that sits on an expa...

Set on one of Forest Hill's most prestigious streets, 268 Lonsdale Road is a stately family residenc...

Welcome to this exceptional residence in the prestigious St. Andrew-Windfields community, nestled on...

Welcome to 28 Roxborough St W, steps to Yonge St, on a rare 27x151 ft deep lot w/coveted 3-car garag...