DetachedOn market 54 days

29 Thelma Ave, Toronto

Name: 29 Thelma Avenue
SKU: C13728502
Price: 1599900 CAD
Availability: InStock

Toronto, ON · M4V 1X8 · MLS® C13728502Updated August 31, 2026

$1,599,900Est. $7,860/mo mortgage

Bedrooms: 2
Bathrooms: 2
Living space: 1100–1500sq ft
Parking spaces: 1

Type Detached
Basement Unfinished

What you should know

29 Thelma Ave is a 2-bedroom, 2-bathroom detached home in Toronto, listed for $1,599,900. It has 1100-1500 sq ft of living space.

Located in the heart of prestigious Forest Hill, this exceptional property comes with approved building permits to construct a breathtaking three-storey residence offering over 4,400 sq. ft. of luxurious living space.
Thoughtfully designed architectural plans maximize space and natural light, creating the perfect blend of modern luxury and sophisticated design.
BasementUnfinished, as described in the listing.

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2 Bed, 2 Bath Detached Home in Toronto

About 29 Thelma Avenue

Located in the heart of prestigious Forest Hill, this exceptional property comes with approved building permits to construct a breathtaking three-storey residence offering over 4,400 sq. ft. of luxurious living space. Thoughtfully designed architectural plans maximize space and natural light, creating the perfect blend of modern luxury and sophisticated design. A rare opportunity to bring an extraordinary vision to life in one of Toronto's most sought-after neighbourhoods. **EXTRAS** Photos are 3D renderings and are for illustration purposes only.

2 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $1,454 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 29 Thelma Ave

Every detail from the listing, in one place.

Type: Detached
Style: 2-Storey
Living space: 1100-1500 sq ftas stated on the listing
Parking: 1 space
Basement: Unfinished

Features & systems

Parking & garage

Parking spaces: 1

Interior

Basement: Unfinished

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: 2-Storey
Property class: Detached

29 Thelma Ave Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Aug 29, 2026For saleListedThis listingMLS® C13728502$1,599,900

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 29 Thelma Ave Compares to the Toronto Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Well Above Market· based on 15,688 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Toronto market, last 90 days

Median sold price: $845,000
Average sold price: $1,080,552
Average days on market: 32
Homes sold: 9,303

Closed sales on the TRREB MLS®.

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Recently sold nearby in Toronto

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

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Home	Sold price	$ / sqft	% of asking	Sold
This home29 Thelma Avenue 2 bd · 2 ba · 1,100 sqft	$1,599,900asking	$1,454	—	—
162 Chiltern Hill Road 3 bd · 3 ba · 1,500 sqft
238 Rose Park Drive 4 bd · 2 ba · 2,500 sqft
51 Pine Crescent 3 bd · 2 ba · 1,500 sqft
251 Boon Avenue 2 bd · 2 ba · 700 sqft
319 Indian Road 4 bd · 2 ba · 3,000 sqft
526 Melrose Avenue 4 bd · 3 ba · 1,500 sqft

162 Chiltern Hill Road
3 bd · 3 ba · 1,500 sqft
238 Rose Park Drive
4 bd · 2 ba · 2,500 sqft
51 Pine Crescent
3 bd · 2 ba · 1,500 sqft
251 Boon Avenue
2 bd · 2 ba · 700 sqft
319 Indian Road
4 bd · 2 ba · 3,000 sqft
526 Melrose Avenue
4 bd · 3 ba · 1,500 sqft

Living in Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

How long is your commute?

From 29 Thelma Ave. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 29 Thelma Ave

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $7,860; 20% down · 25 years · 5.5% assumed
Property tax: $880; 0.66% mill rate · ON
Total per month: $8,740; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$7,860

/mo

based on the purchase price of $1,599,900

Down payment20%

$319,980 cash

Amortization25 yr

$1,279,920 financed

Rate5.50%

$1,078,029 total interest

Principal54%$1,279,920

Interest46%$1,078,029

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

For homeowners nearby

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Listing brokerage: REAL ESTATE ADVISORS INC., BrokerageMLS® C13728502 · Listing data last updated August 31, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

For sale· listed Aug 28· $1,454/sq ft

Estimated monthly mortgage$7,860/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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