+ 18 photosFor Sale · Detached
40 Thelma Avenue, Toronto, ON M4V 1X9
Toronto C03 · Forest Hill South
20 days on market
3 + 1
Beds
6
Baths
3
Parking
3000-3500
Sq ft
—
Built
The honest picture
List price
$4,888,000
★ Renavu Estimate
$4,726,000
Lower confidence
Asking $4,888,000 · recent comparable sales here vary too widely to quote a range · homes here sell at about 97% of ask (16 recent sales). Our estimate weighs both.
Benchmark $3,542,000
Typical low · $3,365,000Typical high · $3,719,000
List price Renavu Estimate Benchmark Typical range
Renavu Estimate is our data-driven opinion of value, blended from 6 recent comparable sales (TRREB) and the area benchmark — not an appraisal. The benchmark is the typical price for 2-storey detached homes in Forest Hill South (TRREB HPI, August 2026), a market reference — not this home's exact value.
About this home
- 3 + 1 bedrooms, 5 bathrooms, 3 parking spaces
- Four-level home in Forest Hill Village, steps from shops, cafés, restaurants, and private schools
- Built in 2023 by architect Richard Wengle
- Smart home system controls lighting, audio, TVs, window coverings, climate, and security
- Kitchen with custom cabinetry and temperature-controlled wine cabinet
- Primary suite on top floor includes bedroom with balcony, ensuite with oversized shower and soaking tub, private office, and wellness space
- Second floor has 3 + 1 bedrooms with ensuites, plus den/play area with ensuite
Key points summarised from the listing description.
Property details
Listed on
August 26, 2026
Days on market
20 days
Property tax
$20,609.97 (2026)
Lot
25 × 106.66 Feet
Style
3-Storey
Heating
Forced Air
Cooling
Central Air
MLS®
C13713204
Full details
Parking
GarageAttached
Driveway2
Garage spaces1
Total parking3
Parking featuresPrivate
Room dimensions
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Dining Room | Main | — | Hardwood Floor, Window Floor to Ceiling, B/I Bar |
| Kitchen | Main | — | Hardwood Floor, B/I Bar, B/I Appliances |
| Family Room | Main | — | Hardwood Floor, W/O To Patio, Fireplace |
| Bedroom 2 | Second | — | 3 Pc Ensuite, Window Floor to Ceiling, Closet |
| Bedroom 3 | Second | — | 3 Pc Ensuite, Window Floor to Ceiling, Walk-In Closet(s) |
| Den | Second | — | Window, 4 Pc Ensuite, Hardwood Floor |
| Laundry | Second | — | Hardwood Floor, B/I Shelves |
| Primary Bedroom | Third | — | Walk Through, Hardwood Floor, 6 Pc Ensuite |
| Office | Third | — | Window Floor to Ceiling, Hardwood Floor |
| Bedroom 4 | Basement | — | Hardwood Floor, Window |
| Recreation | Basement | — | Window, Hardwood Floor |
Property & sold history
Listing history
| Date Start | Date End | Price | Status | Listing ID |
|---|---|---|---|---|
| August 26, 2026 | — | $4,888,000 | For Sale | C13713204 |
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Run the numbers
True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
Homes over $1.5M require a minimum 20% down payment.
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$108,675
Toronto municipal LTT$136,435
Legal · title · inspection$2,800
Closing costs$247,910
Down payment$977,600
Total cash to close$1,225,510
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
