42 Glenayr Road, Toronto
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. (id:1945)
This listing content provided by
REALTOR.ca
has been licensed by REALTOR®
members of The Canadian Real Estate Association
members of The Canadian Real Estate Association
Property details for 42 Glenayr Road, Toronto
- Type
- Residential
- Bedrooms
- 5
- Bathrooms
- 4
- Lot Size
- 40 x 159.4 FT ; Lot Widens To 71X172.6 Ft As Per Geow
- Stories
- 2
- Basement
- Unfinished, N/A
- Parking
- Attached Garage, Garage
- Heating
- Natural gas
- Cooling
- Central air conditioning
- Exterior
- Brick
- Ownership
- Freehold
- Annual Taxes
- $18,316
Nearby Listings Stat
Estimated price and comparable properties near 42 Glenayr Road
Active Listings
19
Min Price
$1,299,900
Max Price
$8,895,000
Avg Price
$3,117,626
Days on Market
37
days
Sold Listings
13
Min Sold Price
$849,000
Max Sold Price
$3,995,000
Avg Sold Price
$2,562,077
Days until Sold
33
days
Neighbourhood Census Data
Toronto, Ontario
Population
696
Median Age
39.6
Median Income
$50,304
Dwelling Value
$2,001,028
Housing Tenure
Owners 49%
Renters 51%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.3
Pop. Density: 3,191.2/km²
Avg Shelter Cost: $2,426/mo
Owners with Mortgage: 38.7%
Owners Spending 30%+: 16.1%
Tenants Spending 30%+: 42.4%
English only: 83.5%
English and French: 16.5%
Median Household Income: $91,733
Median Employment Income: $43,264
Price History
Listed
May 4, 2026
by CHESTNUT PARK REAL ESTATE LIMITED
Current Price
$4,500,000
Type
Residential
For Sale
