$4,500,000
 $24,157 est/mo Sourced by Back At You

42 Glenayr Road,Toronto C03, ON M5P 3B8

Toronto C03, ON M5P 3B8

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Description

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.

Details

MLS #C13081206
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusNew
Year0
Days On Site110
Listing Provided ByCHESTNUT PARK REAL ESTATE LIMITED | C13081206 044700

Features

Bed(s)5
Bath(s)4
Garage2
BasementY
Story(s)2
Acreage0.15

Interior

Interior FeaturesOther
Heating Yes / NoYes
Cooling Yes / NoYes
CoolingCentral Air
Heat SourceGas
Fireplace Yes / NoYes
Rooms Total10

Exterior

RoofUnknown
Foundation DetailsUnknown
Lot FeaturesIrregular Lot
Construction MaterialsBrick

Parking

Attached Garage Yes / NoYes
Garage Yes / NoYes
Parking FeaturesPrivate

Utilities

SewerSewer

Taxes

Tax Annual Amount18315.71
Tax Legal DescriptionLot 51, Plan 1932
Tax Year2026

Area Information

ProvinceON
RegionToronto
CityToronto C03
Postal CodeM5P 3B8
AreaForest Hill South
Listing VS Median (in M5P 3B8)
Price:
$4,500,000
low | high
Med:
$0
On site:
110
low | high
Med:
Sourced by Back At You

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Additional Information


Showing Information


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Learn More About This Property

ProvinceON
RegionToronto
CityToronto C03
Postal CodeM5P 3B8
AreaForest Hill South
Listing VS Median (in M5P 3B8)
Price:
$4,500,000
low | high
Med:
$0
On site:
110
low | high
Med:
Sourced by Back At You
Listing Updated: May 26, 2026 at 11:36:09 PM PDT