- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1,100–1,500sq ft
- Per sq ft
- $1,231at the range’s middle
- Lot
- 25 x 106 ft
- Tax a year
- $8,6122025 tax year
- Parking
- 1none
- Days on market
- Members
The brief
About 29 Thelma Ave
29 Thelma Ave is a 2-bedroom, 2-bathroom detached house in Forest Hill South, Toronto, listed for sale at an asking price of $1,599,900 (MLS® C13728502).
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.
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall5/100−$5,568/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 37 homes with 2 bedrooms for lease in Forest Hill South right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $8,612 / 2025
- MLS® number
- C13728502
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 1100-1500 sqft
- Lot Size
- 25 x 106 ft
- Listed on
- Parking
- None, 1 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- Forest Hill South
- Municipality
- Toronto
Building
- Size
- 1100-1500 sqft
- Construction
- Wood
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 1 × 2pc, 1 × 1pc
- Basement Type
- Unfinished
- Kitchens
- 1
Parking
- Driveway
- Other
- Garage Type
- None
- Additional Parking
- 1
- Total Parking
- 1
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 25 ft
- Depth
- 106 ft
- Lot Size
- 25 x 106 ft
Additional
- Foundation
- Concrete Block
- Fireplace
- Yes
- Pool
- None
- Den
- No
- Family room
- No
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Room 1 | 4.188 × 16.154 m | — | Ground |
Listing history
Buy/sell history for 29 Thelma Ave, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,599,900 | N/A | For Sale | C13728502 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $319,980
- Total mortgage amount
- $1,279,920
- Total interest payment
- $910,080
- Total purchase cost
- $2,509,980
- Mortgage payment
- $7,300/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
81%Monthly carrying cost
$8,018- Rent $2,450
- Shortfall $5,568
Rental income opens at $2,450, the median asking rent of 37 comparable homes for lease in Forest Hill South. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $28,473
- Toronto municipal land transfer tax
- $28,473
- Total land transfer tax
- $56,946
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $48,471
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,599,900
- $23,998
- Ontario total
- $28,473
Toronto’s municipal tax uses the same brackets at this price, so it adds another $28,473.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 2,650 sq ft246 m²
- Street frontage
- 25 ft7.6 m
- Depth
- 106 ft32.3 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m56 test or monitoring holes also recorded.250 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity5
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 50 building permits issued within 250 m in the last 2 years250 m
- 10 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 5.9 km5.9 km
- Mapped parcel: about 2,640 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaOnly facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, Dotto One, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
R (u4; d1.0) (x621)By-law
569-2013Municipality
Toronto1 u4
Unit count: at most 4 dwelling units.
2 d1.0
Density: floor area is capped at 1.0 times the lot area.
3 x621
Site-specific exception 621: this site has rules of its own, written in the by-law.
4 Where this is written
Chapter 10, section 10.10 of By-law 569-2013 · Exception 900.2.10(621)
5 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
4 building permits cleared at this address in the City’s file.
DemolitionIssuance Pending
Proposal to demolish existing dwelling to construct new three storey Single Family Dwelling with finished basement, integral garage, rear deck and second storey balcony
Applied September 29, 2022
New BuildingIssuance Pending
Construct a New 3-Storey Single Family Dwelling Detached House, with a finished basement, an integral garage, a rear deck and second storey rear balcony. Existing SFD House will be demolished.
Applied September 29, 2022
Building Permit Related(PS)Issuance Pending
Plumbing - Proposal to demolish existing dwelling to construct new three storey Single Family Dwelling with finished basement, integral garage, rear deck and second storey balcony
Applied September 29, 2022
Building Permit Related(MS)Issuance Pending
HVAC - Proposal to demolish existing dwelling to construct new three storey Single Family Dwelling with finished basement, integral garage, rear deck and second storey balcony
Applied September 29, 2022
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
19 THELMA AVESite planUnder Review
Site Plan Approval for a 7-storey residential building, with 16 dwelling units, 49 vehicle parking spaces, and 10 bicylce parking spaces.
40 m away17 THELMA AVESite planUnder Review
Site Plan Approval for a 7-storey residential building, with 16 dwelling units, 49 vehicle parking spaces, and 10 bicylce parking spaces.
40 m away15 THELMA AVESite planUnder Review
Site Plan Approval for a 7-storey residential building, with 16 dwelling units, 49 vehicle parking spaces, and 10 bicylce parking spaces.
50 m away13 THELMA AVESite planUnder Review
Site Plan Approval for a 7-storey residential building, with 16 dwelling units, 49 vehicle parking spaces, and 10 bicylce parking spaces.
50 m away11 THELMA AVESite planUnder Review
Site Plan Approval for a 7-storey residential building, with 16 dwelling units, 49 vehicle parking spaces, and 10 bicylce parking spaces.
60 m away9 THELMA AVESite planUnder Review
Site Plan Approval for a 7-storey residential building, with 16 dwelling units, 49 vehicle parking spaces, and 10 bicylce parking spaces.
60 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Detached homes for sale in Forest Hill South right now
- For sale now
- 47
- Median asking price
- $5.66M
- New in 7 days
- 4
- Price cuts
- 9%
Middle half: $4M to $10.1M
20 in 28 days
4 listings
This home is asking 72% below the median, lower than three quarters of them.
See all homes in Forest Hill SouthAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| St Clair West Station | TTC subway: Line 1 Yonge-University | 700 m |
| Davisville Station | TTC subway: Line 1 Yonge-University | 1.5 km |
| St Clair Station | TTC subway: Line 1 Yonge-University | 1.5 km |
| Chaplin Station | TTC light rail: Line 5 Eglinton | 1.6 km |
| Bloor GO | GO Transit train: KitchenerUP Express train | 4.8 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Holy Rosary Catholic SchoolToronto CDSB | Catholic · grades JK–8 · French Immersion | 550 m | 82%Grade 6 average |
| Forest Hill Junior and Senior Public SchoolToronto DSB | Public · grades JK–8 · French Immersion | 700 m | 93%Grade 6 average |
| Brown Junior Public SchoolToronto DSB | Public · grades JK–6 · French Immersion | 1 km | 91%Grade 6 average |
| ÉÉC du Sacré-Coeur-TorontoConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 2.7 km | 60%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Forest Hill Collegiate InstituteToronto DSB | Public · grades 9–12 | 1.7 km | 60%Grade 9 math |
| Marshall McLuhan Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 | 2 km | 59%Grade 9 math |
| Oakwood Collegiate InstituteToronto DSB | Public · grades 9–12 · French Immersion | 2.4 km | 44%Grade 9 math |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 4.1 km | 86%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Recently sold nearby
Sold prices in Forest Hill South are shown to signed-in members.