$3,598,000 - 146 Thompson Avenue, Corso Italia
Detached for Sale in Corso Italia
- MLS Number
- W13151384
- Property Type
- Detached
- Status
- active
- Days on Site
- 20
- Bedrooms
- 5
- Bathrooms
- 6
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Corso Italia / Dufferin Grove
- Listing Brokerage
- RE/MAX PROFESSIONALS INC.
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!
Estimate your monthly payments for this property
Estimated Payment
$15,915.17/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Corso Italia / Dufferin Grove
Corso Italia / Dufferin Grove is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Corso Italia / Dufferin Grove
- •Convenient location in Corso Italia / Dufferin Grove
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Corso Italia / Dufferin Grove offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
146 Thompson Avenue, Corso Italia / Dufferin Grove
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1199/sqft, this property is priced above the Corso Italia average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 20 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Corso Italia are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Corso Italia.
Bathroom Count Matters
With 6 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.