147 Thompson Avenue, Toronto, ON
Stonegate-Queensway, Toronto · MLS® W14096614
About this home
In short
- THOMPSON'S GOT IT GOING ON.
- Southern sunshine is in no short supply, pouring through oversized windows into a handsome living room with custom built-ins, a Calacatta Vena marble fireplace and...
- The renovated kitchen brings the goods with heated floors, a gas range and stylish updates.
- An oversized primary bedroom features a brand-new walk-in closet and new thermal window overlooking the gardens, while the magazine-worthy bathroom serves up...
- There's plenty more to love on the finished lower level, complete with a separate entrance and walk-out, cozy den, third bedroom or office, full bathroom, tiled...
THOMPSON'S GOT IT GOING ON! Classic bungalow charm, thoughtful upgrades, and a whole lot to love in the heart of Toronto's coveted Thompson Orchard neighbourhood. Sitting pretty on a generous 50 x 120 ft lot, this beautifully updated home offers over 2,100 sq ft of total living space (1,252 above grade), just a short stroll from the Kingsway's beloved shops, cafés and French bakeries. Southern sunshine is in no short supply, pouring through oversized windows into a handsome living room with custom built-ins, a Calacatta Vena marble fireplace and rich hardwood floors. The renovated kitchen brings the goods with heated floors, a gas range and stylish updates. An oversized primary bedroom features a brand-new walk-in closet and new thermal window overlooking the gardens, while the magazine-worthy bathroom serves up herringbone tile and a glass-enclosed shower. There's plenty more to love on the finished lower level, complete with a separate entrance and walk-out, cozy den, third bedroom or office, full bathroom, tiled mudroom and loads of custom storage. Perfect for guests, in-laws or a teenager craving a little independence. And the big-ticket stuff? DONE. New high-efficiency boiler, on-demand hot water, 200-amp electrical panel, two EV charging stations, new plumbing beneath the home and direct interior access to the built-in garage. All the important upgrades, minus the headaches. Perennial gardens, flagstone pathways, a sunny deck, gas BBQ hookup and automatic irrigation make summer living a breeze. Add sought-after school catchments (Sunnylea Jr, Norseman Middle, OLS, ECI and Bishop Allen), excellent transit and easy highway access, and the appeal is pretty hard to argue with. Classic where it counts. Modern where it matters. Thompson's got it going on, indeed.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W14096614
- Bedrooms
- 2+1 (3 total)
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 50 × 120 ft
- Cross streets
- Bloor & Royal York
- Parking
- 1 garage · 3 parking (built-in)
- Driveway
- Private Double
- 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
- $7,750 / 2026
- Listing brokerage
- SAGE REAL ESTATE LIMITED
No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.
Considering this property? Request a written price readOn 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.
Neighbourhood & location
Stonegate-Queensway, Toronto, ON
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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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,191,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,586
- Property tax
- $646
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,232
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $26,255
- Toronto municipal land transfer tax
- $26,255
- Estimated closing costs
- $52,510
Plus your down payment of $297,800. 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
- $395,181
- Principal paid down
- $145,543
- Interest paid
- $249,638
- Balance remaining
- $1,045,657
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 SAGE REAL ESTATE LIMITED. MLS®/PropTx.