$2,200,000 - 130 Thompson Avenue, Corso Italia
Detached for Sale in Corso Italia
43 days on market- MLS Number
- W13166686
- Property Type
- Detached
- Status
- active
- Days on Site
- 43
- Bedrooms
- 3
- Bathrooms
- 5
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Corso Italia / Dufferin Grove
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Welcome to this fabulous Cape Cod Style, one and a half storey, 5 Bathroom and 2 or 3 Bedroom home with large principal rooms, hardwood floors and an abundance of natural light and spectacular views through the many expansive windows and doors. The main floor addition showcases a beautifully renovated Kitchen with Quartz counters, built in appliances and a French Door walk out to a large, raised deck. There is a main floor Family Room, large bathroom and a separate Den, Study or Third Bedroom. The lush and professionally landscaped property backs on to the beautiful Mimico Creek. The setting is quiet, serene and boasts a spectacular Garden with a solid stone retaining wall and stone steps to the banks of the river, beautiful perennials, flowers, and mature trees. The minute you step into the garden, the sounds of the city disappear, and you imagine that you are living in the country with the wonderful soothing sounds of the flowing creek and the natural surroundings, yet you are just steps to the many local amenities that await. This fantastic, prime west end Toronto location is in the sought after and prestigious Kingsway - Thompson Orchard (Sunnylea) neighbourhoods. This home is just steps to the Bloor Subway line with a short commute to downtown Toronto and both Toronto Island and Pearson Airports. Situated just steps to several, excellent, Public, Private and French Elementary and High schools, and only a short walking distance to the Kingsway Shops, Bistros, Theatres, Recreation Centres, Cycling and Walking Trails, Golf Courses, and much more. It is truly rare to find such a gorgeous property surrounded by lush greenery. Excellent location with short commute to the QEW, 427 and the 401.
Estimate your monthly payments for this property
Estimated Payment
$9,731.34/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.
130 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 $1467/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 43 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 5 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.
Investment Perspective
Looking at this as an investment: Corso Italia properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $9,167 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.