33 Thorndale Avenue, Toronto, ON
Kingsway South, Toronto · MLS® W12927216
About this home
A RARE OFFERING on an impeccable brand new custom residence in the Kingsway, one of Etobicoke's finest and highly sought-neighbourhoods known for its vibrant family-oriented community, top schools, and walkable neighbourhood charm. This grand three-story home boasts over 5,000 square feet, perfectly designed for a growing family-offering generous gathering areas, comfortable private spaces, and room to create lasting memories together. The ground floor showcases an elegant layout, highlighted by stunning fireplace and exquisite custom millwork. The chef-inspired kitchen features a spacious eat-in island, premium built-in appliances, and abundant prep and storage areas. Seamlessly connected living and dinning areas create an airy, flowing environment idea for everyday living. Upstairs, the primary suite offers a tranquil retreat with a private balcony, custom walk-in closet & make-up table, spa-inspired ensuite & custom window covers. Three additional bedrooms, each with designer finishes and two bathrooms completed this level.The top floor adds a large -scale suit ideal for Guests/Game Room/Teen Haven/Art Studio or more. The lower level impresses with a spectacular recreation room, gym, wet bar, wine rack, nanny suite, bathroom, laundry room & radiant heating. Ideally located just steps from top-rated Lambton Kingsway School, swimming pool, parks, panoramic Humber River trail, picturesque Old Mill Inn, as well as a wide array of shops, cafes, dinning & transit including the subway.
Key facts
- Property type
- Detached, 3-Storey
- MLS®
- W12927216
- Bedrooms
- 6 (5 + 1)
- Bathrooms
- 5
- Size
- 3500-5000
- Lot
- 40 × 100 ft
- Cross streets
- Prince Edward & Kingsway Crescent
- Parking
- 1 garage · 3 parking (built-in)
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,372 / 2025
- Days on market
- 113
- Listing brokerage
- RIGHT AT HOME REALTY
Rooms
balcony · his and hers closets · wall sconce lighting
B/I Closet
2 pc ensuite · porcelain floor
electric fireplace · w/o to patio · track lighting
b/i appliances · quartz counter
b/i closet · ceramic floor
B/I Closet
open concept · led lighting
5 pc ensuite · b/i vanity · bidet
Listed at $3,858,888, this home is tracking about 21% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.60M, lower than the comparables and worth a second look.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $4.80M
- Bedrooms +$30K
- Bathrooms −$30K
- Adjusts to $4.80M
That comparable adjusts to $4.80M; the $4.88M estimate above is the median of all 8 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
On schools, this address is zoned for Etobicoke Collegiate Institute, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
On location, this is a very walkable address with everyday errands close by. Dundas St West at Old Dundas St is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $4.88M, median of 8 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Heated floors: comfort and a premium-finish signal.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Lifestyle
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 20% below the area average of $1,129/sqft.
112 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Kingsway South, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Dundas St West at Old Dundas St, about 171 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $3,087,110 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $16,474
- Property tax
- $531
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $17,005
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $82,947
- Toronto municipal land transfer tax
- $91,536
- Estimated closing costs
- $174,483
Plus your down payment of $771,778. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $988,438
- Principal paid down
- $393,144
- Interest paid
- $595,294
- Balance remaining
- $2,693,966
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.