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42 Glenayr Rd, Toronto, Ontario, M5P 3B8

$4.50M
Beds 4+1Baths 4Sqft 2000-2500Parking 7
42 Glenayr Rd Photo 1

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

RealtHer Group

Real Estate Brokers

RE/MAX Metropolis

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