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5 Beds
4 Baths
7 Parking

$4,500,000

Sale

Listed 5 months ago

42 Glenayr Road, Toronto, ON M5P 3B8

Detached

Forest Hill South, Toronto C03, M5P 3B8· MLS® C13081206

About this home

An extraordinary opportunity to create a landmark residence in one of Toronto's most prestigious neighbourhoods. Set on a prime, highly coveted west-facing lot, this offering sits on the iconic curved red cobblestone section of Glenayr Road - one of Forest Hill's most distinguished and sought-after streets, just moments from Forest Hill Village. The property boasts a rare and generous land parcel, beginning at 40 ft of frontage and widening to approximately 71 ft, with a depth of 172.6 ft and a total area of approximately 8,600+ sq ft, offering exceptional scale and presence. This unique offering comes with Committee of Adjustment approvals for a striking custom-designed three-storey estate by renowned architect Richard Wengle, envisioned at approximately 6,000+ sq ft above grade and over 10,000 sq ft of total living space. The proposed design showcases expansive principal rooms, an integral garage, and a resort-inspired outdoor setting complete with pool, cabana, and curated entertaining spaces. Full architectural plans have been thoughtfully prepared, presenting a rare opportunity to bring a sophisticated vision to life with much of the groundwork already in place. The existing residence has been extensively prepared, offering flexibility for those who wish to proceed with the approved new build or explore a tailored transformation of the current structure. For the discerning builder, investor, or end-user, this is a rare chance to secure a premier property and step into an advanced-stage luxury project in an exceptional location. Property and improvements being sold in as-is, where-is condition. The current home has been demo'd back to the brick and is not liveable.

Key facts

Property type
Detached
Parking
7
MLS®
C13081206
Basement
Unfinished
Lot size
40 × 159.41
Taxes
$18,316/yr
Bedrooms
5
Bathrooms
4
Kitchens
1
Basement
Unfinished
Heating
Water
Cooling
Central Air

Mortgage calculator

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Total cost of mortgage

$6,465,505

Estimated monthly

$21,552/mo

Estimates only, for illustration. Rates and terms vary by lender; confirm with a licensed mortgage professional. Listing courtesy of CHESTNUT PARK REAL ESTATE LIMITED.

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Listing courtesy of CHESTNUT PARK REAL ESTATE LIMITED. Data last updated May 5, 2026. Provided by Toronto Regional Real Estate Board (TRREB) via PropTx MLS® for personal, non-commercial use; deemed reliable but not guaranteed.

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