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40 Thelma Avenue

Forest Hill South, Toronto, M4V 1X9

$4,888,000

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  • 3+1 bedrooms
  • 6 bathrooms
  • 3 parking
  • 3000-3500 sq ft

Listed 54 days ago · 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.

Details

Type
Detached
Style
3-Storey
Size
3000-3500 sq ft
Lot
25 × 106.66 ft
Basement
Finished
Garage
Attached
Kitchens
1
Property tax
$20,610 (2026)
Neighbourhood
Forest Hill South
Municipality
Toronto C03
Price per sq ft
$1,504 (12% below detached houses in Forest Hill South, $1,714)

Interior

Bedrooms
3 above ground + 1 below
Bathrooms
1 × 4-piece (basement), 1 × 2-piece (main), 2 × 3-piece (second), 1 × 4-piece, 1 × 6-piece (third)
Rooms
9 above ground + 2 below
Family room or den
Yes
Fireplace
Yes
Features
Bar Fridge, Central Vacuum, Built-In Oven, Garburator, On Demand Water Heater, Sump Pump

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
3-Storey
Exterior
Brick
Faces
North

Parking

Garage spaces
1
Total parking
3
Driveway and parking
Private

Lot

Size
25 × 106.66 ft

More

Possession
60-90 days
Cross street
Spadina & St.Clair

Rooms

RoomLevelSizeFeatures
Dining RoomMainHardwood Floor, Window Floor to Ceiling, B/I Bar
KitchenMainHardwood Floor, B/I Bar, B/I Appliances
Family RoomMainHardwood Floor, W/O To Patio, Fireplace
Bedroom 2Second3 Pc Ensuite, Window Floor to Ceiling, Closet
Bedroom 3Second3 Pc Ensuite, Window Floor to Ceiling, Walk-In Closet(s)
DenSecondWindow, 4 Pc Ensuite, Hardwood Floor
LaundrySecondHardwood Floor, B/I Shelves
Primary BedroomThirdWalk Through, Hardwood Floor, 6 Pc Ensuite
OfficeThirdWindow Floor to Ceiling, Hardwood Floor
Bedroom 4BasementHardwood Floor, Window
RecreationBasementWindow, Hardwood Floor

History of this address

6 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 St. Clair West Subway10 min walk
  • 🚇 St. Clair Subway1.4 km
  • 🚆 Toronto Union Station GO5.6 km

Within a 10-minute walk: 4 grocery stores, 12 cafés and restaurants, 15 parks, 4 pharmacies. Nearest grocery: Kitchen Table (200 m). Nearest park: Montclair Avenue Parkette (250 m).

Schools nearby

Elementary

  • Bishop Strachan School Private3 min walk
  • Holy Rosary Catholic School Catholic
    EQAO: Gr 6 reading 100%, math 55%    10 min walk
  • Upper Canada College Private10 min walk
  • Forest Hill Junior and Senior Public School
    EQAO: Gr 6 reading 94%, math 90%    10 min walk

Secondary

  • De La Salle College "Oaklands" Private1.3 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M4V

Owners / renters
44% / 56%
Median household income
$99,000
Average age
46
Children under 15
10%
Homes
11% detached, 63% high-rise
Commute by transit
26%
Population
19,273

Languages spoken most at home besides English: Spanish 1.3%, Mandarin 0.8%, Russian 0.7%, Iranian Persian 0.6%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Forest Hill South (2025): 41% below the Toronto average, down 29% from the year before.

  • Assault74% below average
  • Break and enter73% above average
  • Auto theft53% below average
  • Robberyabout average
  • Theft from vehicles38% below average
  • Shootingsnone reported

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 3 active

  • 19 THELMA AVE · 100 m
    Site Plan · Under Review · applied 2026
    Site Plan Approval for a 7-storey residential building, with 16 dwelling units, 49 vehicle parking spaces, and 10 bicylce parking spaces.
    Application details
  • 271 RUSSELL HILL RD · 350 m
    Site Plan · Under Review · applied 2026
    Site Plan Amendment to 08 150183 STE 22 SA
    Application details
  • 396 SPADINA RD · 250 m
    Official Plan / Zoning By-law Amendment · Council Approved · applied 2015
    A 6-storey mixed use building containing retail units at ground level and 33 residential units above, approved by the Ontario Land Tribunal on May 10, 2018.The…
  • 396 SPADINA RD · 250 m
    Official Plan / Zoning By-law Amendment · Closed · applied 2025
    The Proposed Development, and Zoning By-law Amendment, is comprised of a new 14-storey mixed use building with ground floor retail uses and residential uses on…
    Application details
  • 270 HEATH ST W · 450 m
    Site Plan · Closed · applied 2024
    Site Plan Approval for one storey building for the fan plant adjacent to the north exit of St. Clair West Station (8 Tichester Road) and within Cedarvale Park.…
    Application details
  • 19 THELMA AVE · 100 m
    Official Plan / Zoning By-law Amendment · Closed · applied 2024
    Combined Official Plan and Zoning By-law Amendment for new 7-storey, plus mechanical and amenity space (27.0 meters), 5,800-square meter, 24-unit apartment…
    Application details

1 more within 500 m.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 6 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built R

Residential (with a site-specific exception).

  • ✅ Up to 6 homes on the lot (multiplex): a sixplex ward
  • ✅ Garden suite in the backyard
  • ✅ Laneway suite, if the lot backs onto a lane

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

  • New Building · 2022 · Closed
    Proposal to construct a new 3 storey single family dwelling with integral garage and finished basement, front porch and rear deck
  • Demolition · 2022 · Closed
    Demolish existing three storey dwelling

2 permits on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

66 City street trees within 100 m. That’s more than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by HARVEY KALLES REAL ESTATE LTD..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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