For sale · Detached · 2-Storey
42 Glenayr Road.
Forest Hill South, Toronto, ON M5P 3B8
Buyer's market
House market in Forest Hill South. New listings are outpacing sales, so buyers have more choice and room to negotiate. Homes here sell in about 29 days. Market data
Sales-to-new-listings ratio, last 3 months: 24%
Months of supply: 10.4
What it means
- Buyer's market in Forest Hill South: houses take about 29 days to sell.
- About 10.4 months of houses for sale in Forest Hill South at the current pace of sales.
At a glance
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.
Home details
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The homeproperty type, style, size, heating
- Property type
- Detached
- Style
- 2-Storey
- Size
- 2,000–2,500 sq ft
- Heating
- Water
- Cooling
- Central Air
- Basement
- Unfinished
- Lot size
- 40 × 159.41 feet
- Possession
- Tba
Parking and storageparking, garage
- Parking
- 7
- Garage
- Attached
Fees and taxesproperty taxes, price per sq ft
- Property taxes
- $18,316 (2026)
- Price per sq ft
- $2,000
Rooms11 rooms with sizes
| Room | Level | Size | Features |
|---|---|---|---|
| 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 |
What it could cost each month
— a month, estimated
With 20% down. Includes property tax. Estimate only.
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Down payment —. Estimate only, using Canadian semi-annual compounding; your lender's numbers will differ.
How this price compares
Members25 similar detached houses sold in Forest Hill South in the last 12 months.
Sales activity nearby
Number of similar detached houses sold each quarter.
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Sale and listing history
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The area
The neighbourhood
Forest Hill South
Architect-designed homes, leafy streets and some of the city’s best-known schools.
Listing brokerage · MLS® C13081206Chestnut Park Real Estate LimitedData last updated May 5, 2026 3:16 pm.
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