Gurvinder Nokwal REALTOR®
For Sale Detached 167 days on market

$4,500,000

Est. payment $19,925/moCalculate yours

42 Glenayr Road, Toronto, ON M5P 3B8

Forest Hill South, Toronto, ON M5P 3B8

  • 4 + 1 Beds
  • 4 Baths
  • 2 Garage
  • 2,000 Sq Ft
Map

Listing courtesy of CHESTNUT PARK REAL ESTATE LIMITED 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.

Property details

Overview

Property Type
Detached
Style
2-Storey
For
For Sale
Status
New
Size
2,000 sqft

Interior

Bedrooms
4 + 1
Bathrooms
4
Kitchens
1
Total Rooms
10
Basement
Unfinished

Building & Systems

Heating
Water (Gas)
Cooling
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
40 x 159.41 Feet
Parking
Attached garage · 7 total
Zoning
Res

Financial

Property Taxes
$18,316 (2026)

Location

Neighbourhood
Forest Hill South
Cross Street
Between Burton and Strathearn
Direction Faces
West

Listing

MLS® Number
C13081206
Days on Market
167
Listed On
2026-05-04
Possession
TBA
Listed By
CHESTNUT PARK REAL ESTATE LIMITED

Rooms

Room Level
Recreation Lower
Kitchen Main
Furnace Room Lower
Dining Room Main
Living Room Main
Bedroom 2 Second
Primary Bedroom Second
Other Lower
Bedroom 3 Second
Library Main
Laundry Lower

Features

Interior

  • Other

Property

  • Arts Centre
  • Cul de Sac/Dead End
  • Fenced Yard
  • Park
  • Ravine
  • School

Pool

  • None

Mortgage calculator

Minimum for this price: $900,000 (20%)

Amortization, years

Estimated mortgage payment

$19,925 per month

Principal and interest
$19,925
Property tax
$1,526
Estimated monthly cost
$21,451

Your mortgage

Mortgage amount
$3,600,000
Mortgage insurance
Not needed
Interest over 25 years
$2,377,508

Cash to close

Down payment
$900,000
Land transfer tax (Ontario + Toronto)
$217,950
Total, before legal fees
$1,117,950
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

42 Glenayr Road, Toronto, ON M5P 3B8 Forest Hill South, Toronto, ON M5P 3B8
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$4,500,000 42 Glenayr Road, Toronto, ON M5P 3B8
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