33 Thorndale Avenue, Toronto, ON

Kingsway South, Toronto · MLS® W13770378

$3,750,000
For Sale
Listed 39 days agoNo offer date stated
4+2Bedrooms
5Bathrooms
1Garage · 3 parking
3500-5000Sq ft

About this home

In short

  • 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...
  • This grand, castle -like country house boasts approximately 5,000 square feet, perfectly designed for a growing family-offering generous gathering areas, comfortable...
  • 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...

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, castle -like country house boasts approximately 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 Private Ofice, Game Room or Spacious Lounge Area. 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, 2 1/2 Storey
MLS®
W13770378
Bedrooms
4+2 (6 total)
Bathrooms
5 (1 half)
Size
3500-5000 sq ft
Lot
40 × 100 ft
Cross streets
Royal York & Dundas
Parking
1 garage · 3 parking (built-in)
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete, Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,372 / 2025
Days on market
39
Listing brokerage
RIGHT AT HOME REALTY

Rooms

RecreationBasement8.00 × 6.00 m

b/i bar · fireplace · heated floor

Mud RoomMain1.80 × 2.40 m

b/i closet · ceramic floor

KitchenMain4.50 × 4.10 m

eat-in kitchen · b/i appliances · quartz counter

Family RoomMain4.50 × 4.10 m

fireplace · track lighting · w/o to patio

Bedroom 2Second3.30 × 3.80 m

b/i closet · led lighting

Dining RoomMain3.60 × 3.40 m

LED Lighting

Primary BedroomSecond4.60 × 5.50 m

balcony · his and hers closets · wall sconce lighting

Living RoomMain5.60 × 3.60 m

open concept · led lighting · window

Powder RoomMain2.10 × 1.50 m

2 pc ensuite · porcelain floor

Bedroom 4Second4.90 × 3.30 m

b/i closet · led lighting

BathroomSecond3.60 × 2.60 m

6 pc ensuite · bidet · b/i vanity

OfficeMain3.50 × 1.80 m

b/i bookcase · pot lights

Bedroom 3Second4.50 × 4.90 m

3 pc ensuite · b/i closet · juliette balcony

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

What sellers nearby are askingCurrently listed nearby in Kingsway South · asking prices
$3.07Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $799/sqft; this home lists at $882/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
3.75MThis home3.35M2.65M3.20MThis home vs active comparables

Neighbourhood & location

Kingsway South, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Stonegate-Queensway
$2.25M
Islington-City Centre West
$1.54M
Dovercourt-Wallace Emerson-Junction
$1.25M
Leaside
$2.15M
St. Andrew-Windfields
$4.10M

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Etobicoke Collegiate Institute
82%
Etobicoke Collegiate InstitutePublic · Secondary · 1.6 km awayAbove the GTA average · 82% meet the provincial standard
Lambton-Kingsway Junior Middle SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Lambton Kingsway Junior Middle School · Public elementary0.2 km · 91% at standard
Warren Park Junior Public School · Public elementary0.7 km · 74% at standard
Lambton Park Community School · Public elementary1.1 km · 52% at standard
St James Catholic School · Catholic elementary1.1 km · 88% at standard
Humbercrest Public School · Public elementary1.3 km · 80% at standard
Runnymede Collegiate Institute · Public secondary1.5 km · 46% at standard
Frank Oke Secondary School · Public secondary1.6 km
Humber Valley Village Junior Middle School · Public elementary1.6 km · 85% at standard
George Syme Community School · Public elementary1.7 km · 48% at standard
King George Junior Public School · Public elementary1.7 km · 91% at standard
James Culnan Catholic School · Catholic elementary1.7 km · 64% at standard
Sunnylea Junior School · Public elementary2.0 km · 96% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$17,091/mo
$665KIncome needed
5.6×Price ÷ income
$3,944Weekly cost
$167,950Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

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.

97%mortgage
Mortgage $17,091Property tax $531Total carry $17,622

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

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$16,588per month

Mortgage amount $3,000,000 · 4.49% over 25 years

$750,000Down payment (20.0%)
$3,000,000Loan before insurance
$0CMHC premium
$17,119Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$16,588
Property tax
$531
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$17,119

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$80,225
Toronto municipal land transfer tax
$87,725
Estimated closing costs
$167,950

Plus your down payment of $750,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$20,077/monthPayment at the qualifying rate

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

$1,976,254Total interest paid
$4,976,254Total of all payments
Principal $3,000,000 Interest $1,976,254
YearPrincipalInterestBalance
1$66,947$132,103$2,933,053
2$69,987$129,063$2,863,066
3$73,165$125,886$2,789,901
4$76,487$122,564$2,713,415
5$79,959$119,091$2,633,455
6$83,590$115,460$2,549,866
7$87,385$111,665$2,462,480
8$91,353$107,697$2,371,128
9$95,501$103,550$2,275,627
10$99,837$99,214$2,175,790
11$104,370$94,681$2,071,421
12$109,108$89,942$1,962,312
13$114,062$84,988$1,848,250
14$119,241$79,809$1,729,009
15$124,655$74,395$1,604,353
16$130,315$68,735$1,474,038
17$136,232$62,818$1,337,806
18$142,417$56,633$1,195,389
19$148,884$50,166$1,046,505
20$155,644$43,406$890,861
21$162,711$36,340$728,151
22$170,098$28,952$558,052
23$177,821$21,229$380,231
24$185,895$13,155$194,336
25$194,336$4,715$0

At the end of your 5-year term

Total paid over the term
$995,251
Principal paid down
$366,545
Interest paid
$628,706
Balance remaining
$2,633,455

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.

Let's connect

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

Rental yield
Estimate$7,350/mo
$88,200Gross annual rent
1.9%Cap rate after taxes and upkeep

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 numbers

Estimates 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.

2.4%
Gross yield
− Property tax $6,372− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $70,726

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

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