Thelma Avenue
Boutique Luxury 6-storey Building
1-19 Thelma Avenue, Forest Hill South, Toronto
Total Units: 32
Status: Launch Sales
Equity Raised: $5,000,000
Average Unit Price: $4.5M
Building Size: 61,290 Sq. Ft.
In November 2023, Cranson Capital Securities investors invested $5,000,000 in the Thelma Avenue Limited Partnership from Dealcore Properties. The funds were raised for the development of a 32-unit luxury condominium project in the Forest Hill South area.
The property is nestled in the heart of one of Toronto’s wealthiest and most affluent neighbourhoods. Located just off Spadina Road, it offers convenient access to the Forest Hill Village and the St. Clair West TTC subway station.
The project is being designed by Richard Wengle Architects, an internationally renowned firm with extensive experience in high-end projects.
DealCore Properties’ official plan and zoning by-law amendment were approved February 5, 2025. Marketing and sales are expected to launch June 2025.
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Forest Hill is a name that evokes prestige, timeless charm, and a strong sense of community. Renowned for its leafy streets, distinguished architecture, and established character, it remains one of Toronto’s most sought-after neighbourhoods. Living at 1 Thelma Avenue places you at the heart of it all:
Education: Within close reach of top-tier private schools, including Upper Canada College and The Bishop Strachan School.
Recreation: Close to the scenic Beltline Trail, Cedarvale Ravine, and Forest Hill’s tennis clubs.
Convenience: A short walk to the boutique shops, fine dining, and everyday essentials of Forest Hill Village.
Connectivity: Minutes to downtown Toronto, with excellent transit options—including the new Eglinton Crosstown LRT nearby.
