146 Thompson Avenue, Toronto, ON
Stonegate-Queensway, Toronto · MLS® W13151384
About this home
Welcome to 146 Thompson Avenue, a rarely offered custom-built (2016) residence in coveted Thompson Orchard - Sunnylea set on an extraordinary 50 x 143 south-facing ravine lot backing directly onto Mimico Creek. Offering ~3,200 sf of above grade living space, this exceptional turnkey home combines meticulous craftsmanship, high-end finishes and a picturesque creekside setting rarely found in Toronto. The expansive main level features 9' ceilings, custom wainscoting and millwork, pot lights, wide-plank wire-brushed Pure Parquet oak flooring, a striking floating staircase, spacious family room with gas fireplace, custom built-ins and a walkout to the deck with a scenic treed backdrop, superb chef's kitchen with Caesarstone counters & backsplash, oversized island with bar sink, premium Wolf and Miele appliances and loads of storage, formal dining room with coffered ceiling, office with crown moulding and built-in desks and shelves, a stylish powder room and a mudroom with direct garage access. The second level showcases four generous bedrooms with large closets and ensuites with heated floors including an expansive primary retreat spanning the width of the home with a large walk-in closet, spa-like 5-piece ensuite and serene vistas, and a convenient laundry room. The fully finished lower level boasts 8.75' ceilings, radiant in-floor heating, a massive recreation room with a gas fireplace and bar area with reclaimed wood accents and bar fridge, flex room ideal for gym or guest room, full bathroom & extensive storage. Surrounded by lush greenery and mature trees, the spectacular fully-fenced backyard adjacent to Mimico Creek is a private Muskoka-like retreat and includes a massive deck, interlocking stone patio and a rare side yard with ample tableland. Double garage and private driveway- 6 car parking! Excellent school district- Sunnylea JS, Norseman JMS, ECI, OLS & BA. Walk to Bloor St shops & restaurants, subway and Mimico Creek and Humber River Parkland. Must be seen!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13151384
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 6 (1 half)
- Size
- 3000-3500
- Lot
- 50 × 143 ft
- Cross streets
- Royal York Road and Thompson Avenue
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private
- Basement
- Finished, Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $14,501 / 2025
- Days on market
- 63
- Listing brokerage
- RE/MAX PROFESSIONALS INC.
Rooms
double closet · pot lights · crown moulding
large closet · 3 pc bath · large window
w/o to deck · gas fireplace · pot lights
tile floor · finished
double closet · semi ensuite · large window
coffered ceiling(s) · hardwood floor · window
Tile Floor
laundry sink · b/i shelves · tile floor
walk-in closet(s) · 3 pc bath · pot lights
access to garage · 2 pc bath · closet
gas fireplace · wet bar · heated floor
b/i desk · pot lights · crown moulding
5 pc ensuite · walk-in closet(s) · overlooks ravine
centre island · stainless steel appl · quartz counter
above grade window · hardwood floor · finished
Listed at $3,598,000, this home is about 17% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
In Stonegate-Queensway lately, sellers have been getting about 100% of asking and homes sell in about 20 days.
Based on 49 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 49 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.31M, a close match.
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, sold for $2.00M
- Bathrooms +$30K
- Adjusts to $2.03M
That comparable adjusts to $2.03M; the $3.08M estimate above is the median of all 49 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
On schools, this address is zoned for Sunnylea Junior School, 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.
Total price vs nearby homes. Fair value about $3.08M, median of 49 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.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Heated floors: comfort and a premium-finish signal. Lifestyle
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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 13% above the area average of $979/sqft.
62 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Stonegate-Queensway, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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 23, 2026); conventional rates run a little higher.
Mortgage amount $2,878,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $15,360
- Property tax
- $1,208
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $16,569
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $76,425
- Toronto municipal land transfer tax
- $82,405
- Estimated closing costs
- $158,830
Plus your down payment of $719,600. 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
- $921,613
- Principal paid down
- $366,565
- Interest paid
- $555,048
- Balance remaining
- $2,511,835
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
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 RE/MAX PROFESSIONALS INC.. MLS®/PropTx.