$4,500,000
42 Glenayr Rd
Toronto C03, ON M5P 3B8
42 Glenayr Rd, Toronto C03 — Listed at $4,500,000. 5 bedroom, 4 bathroom 2-Storey Detached. MLS® C13081206.
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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.
Property Details
Property Insights
Listing Courtesy of: CHESTNUT PARK REAL ESTATE LIMITED
MLS® #C13081206


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HouseIndex Take: 42 Glenayr Road
This detached (2-Storey) is located in the Forest Hill South neighbourhood of Toronto.
The home offers 5+1 bedrooms, 4 bathrooms.
Features include a unfinished basement, 7 parking spaces including a 2-car garage, a fireplace.
Additional details: lot dimensions of 40 × 159.41 feet.
Listed at $4,500,000 CAD with annual property taxes of $18,315.71 (2026).
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About Toronto Real Estate
This Detached is located in the Forest Hill South community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity. Detached homes in Toronto are in high demand among families seeking space, privacy, and long-term equity growth.































































