42 Glenayr Road, Toronto, ON M5P 3B8, Toronto C03, ON
Bed 5
Bath 4
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 Highlights
For Sale
MLS NO.
C13081206
Type
Residential Freehold
Sub Type
Detached
Bedrooms
5
Bathrooms
4
Parking
7.0
Garage
Yes
Complete Property Details
Property Type
Residential Freehold
Sub Type
Detached
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
C13081206
Living Area Range
2000-2500
Total Bedrooms
5
Bedrooms Above Grade
4
Bedrooms Below Grade
1
Total Bathrooms
4
Total Kitchens
1
Kitchens Above Grade
1
Rooms Above Grade
8
Rooms Below Grade
2
Interior Features
Other
Fireplace
Yes
Central Vacuum Yn
No
Construction
Brick
Roof
Unknown
Lot Width
40.0
Parking Features
Private
Parking Total
7.0
Covered Spaces
2.0
Garage Type
Attached
Garage
Yes
Pool
None
Direction Facing
West
Cooling
Central Air
Cooling Installed
Yes
Heat Source
Gas
Heat Type
Water
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
42 Glenayr Road, Toronto, ON M5P 3B8
City
Toronto C03
Neighbourhood
Forest Hill South
County / Region
Toronto
Province / State
ON
Postal Code
M5P 3B8
Cross Street
Between Burton and Strathearn
Directions
South of Burton
Country
CA
List Price
$4,500,000
Annual Taxes
$18,316
Tax Year
2026
Legal Description
Lot 51,Plan 1932
Possession Type
Flexible
Possession Details
TBA
Listing Office
CHESTNUT PARK REAL ESTATE LIMITED
Board
Toronto Regional Real Estate Board
Original Entry
2026-05-04T20:58:58Z
Media Updated
2026-05-05T15:11:49Z
Photos Updated
2026-05-05T15:11:49Z
Last Modified
2026-05-05T15:16:45Z
System Modified
2026-05-05T15:16:53.606861Z
MLS Status
New
Architectural Style
2-Storey
Basement
Unfinished
Board Property Type
Free
Ddfyn
Yes
Expiration Date
2026-11-30
Foundation Details
Unknown
Heat Source Multi
Gas
Heat Type Multi
Water
Heating Yn
Yes
Hstapplication
Included In
Link Yn
No
Occupant Type
Vacant
Originating System Id
A00001796
Parcel Number
104660095
Parking Spaces
5
Property Features
Arts Centre, Cul de Sac/Dead End, Fenced Yard, Park, Ravine, School
Public Remarks
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.