Forest Hill South · C03 · M4V 1X9
$4,888,000
$1,629 / sq ft2 weeks on market
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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.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 28% of comparable detached listings in Forest Hill South are asking less.
Based on 39 comparable active detached listings in Forest Hill South. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $4,888,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of HARVEY KALLES REAL ESTATE LTD.
$3,995,000
Forest Hill South · C03
Listing courtesy of HARVEY KALLES REAL ESTATE LTD.
$3,995,000
Forest Hill South · C03
Listing courtesy of HARVEY KALLES REAL ESTATE LTD.
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Forest Hill South · C03
Listing courtesy of SUTTON GROUP-ASSOCIATES REALTY INC.
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Forest Hill South · C03
Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY
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Forest Hill South · C03
Listing courtesy of FOREST HILL REAL ESTATE INC.