$1,489,000 - 147 Thompson Avenue, Corso Italia
Detached for Sale in Corso Italia
New — Listed 3 days agoNeighbourhood: Stonegate-Queensway
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- MLS Number
- W14096614
- Property Type
- Detached
- Status
- active
- Days on Site
- 3
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Corso Italia / Dufferin Grove
- Taxes (2026)
- $7,750
- Listing Brokerage
- SAGE REAL ESTATE LIMITED
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.
Estimate your monthly payments for this property
Estimated Payment
$6,586.35/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 Stonegate-Queensway
Stonegate-Queensway 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 Stonegate-Queensway
- •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
Stonegate-Queensway 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.
147 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 $1354/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Corso Italia's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
About Stonegate-Queensway
I know Stonegate-Queensway well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
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 $6,204 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.