42 Glenayr Rd, Toronto, Ontario, M5P 3B8





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.
Home Details
List Date
2026-05-04
Style
2-Storey
Type
Detached
Status
Active
Year Built
UNKNOWN
Features
Bedrooms
4+1
Bathrooms
4
Heating
Water
Cooling
-
Parking
7 Spaces
Appliances & Equipment
Inclusions
None specified.
Exterior
Construction
Brick
Water & Sewer
Municipal
Lot Size
40 x 159.41 Feet
Garage
Attached
Taxes
$18K (2026)
Listing Brokerage
Brokerage Name
CHESTNUT PARK REAL ESTATE LIMITED

RealtHer Group
Real Estate Brokers
RE/MAX Metropolis
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