147 Thompson Avenue, Toronto, ON
Stonegate-Queensway, Toronto · MLS® W13598946
About this home
Timeless On Thompson! Welcome to 147 Thompson Ave, in the heart of Sunnylea and Thompson Orchard! This meticulously maintained and extensively upgraded bungalow offers over 2,000 sf of total living space (1,234 sf above grade) on a 50 x 120 ft lot, steps to the Kingsway shops, French bakeries, coffee shops, excellent schools and multiple transit options. The fully renovated entryway and living room feature custom built-ins framing a marble fireplace, with hardwood floors, oversized windows and loads of southern light. The renovated kitchen boasts thermostat-controlled heated floors, a gas range, new backsplash and freshly painted cupboards, overlooking the dining room. The oversized main floor primary bedroom offers a brand new walk-in closet and a new energy-efficient, sound-deadening window overlooking the manicured garden. The magazine-worthy main bathroom features herringbone tile floors and a glass-enclosed shower. The finished lower level with walk-out and separate entrance offers a cozy den, a well-proportioned third bedroom or office, a full bathroom, tiled mudroom and tons of custom storage: perfect for guests, a teenager or in-laws. The big-ticket items are done: new high-efficiency gas boiler and on-demand water heater, new 200 amp electrical panel with two EV charging stations (one in the garage, one in the driveway), all-new plumbing beneath the house, a new direct interior entrance to the built-in garage, and a freshly painted main floor. Outside, perennial gardens, flagstone pathways, a deck for BBQing and lounging, a convenient gas hookup for your BBQ, and a full automatic irrigation system make summer here effortless. Sunnylea Jr, Norseman Middle, OLS, ECI and Bishop Allen catchments, all highly rated, with excellent transit and highway access. Move right in and enjoy!
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W13598946
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 2
- Size
- 1100-1500
- Lot
- 50 × 120 ft
- Cross streets
- Bloor St W & Royal York Rd
- Parking
- 1 garage · 3 parking (built-in)
- Driveway
- Private
- Basement
- Finished with Walk-Out, Separate Entrance
- Heating
- Radiant
- A/C
- Wall Unit(s)
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,616 / 2025
- Listing brokerage
- REAL BROKER ONTARIO LTD.
Listed at $1,499,000, and my independent estimate is within the range of comparable homes, on the higher side.
In Stonegate-Queensway lately, sellers get about 99% of asking; homes sell in ~22 days.
Total price vs nearby homes. Fair value about $1.36M, median of 34 comparables.
- Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
How this estimate is builtthe short version
I take the 34 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.66M, higher than the comparables and worth a second look.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Heated floors: comfort and a premium-finish signal. Lifestyle
- Primary suite: a key comfort and resale feature. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit
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.
Based on 34 comparable homes that recently sold nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 20% below the area average of $1,433/sqft.
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
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 $1,199,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,399
- Property tax
- $635
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,034
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $26,455
- Toronto municipal land transfer tax
- $26,455
- Estimated closing costs
- $52,910
Plus your down payment of $299,800. 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
- $383,963
- Principal paid down
- $152,718
- Interest paid
- $231,244
- Balance remaining
- $1,046,482
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 REAL BROKER ONTARIO LTD.. MLS®/PropTx.