- Bedrooms
- 4+1
- Bathrooms
- 4
- Size
- 2,000–2,500sq ft
- Per sq ft
- $2,000at the range’s middle
- Lot
- 40 x 159.41 ft
- Tax a year
- $18,3162026 tax year
- Parking
- 72 attached
- Days on market
- Members
The brief
About 42 Glenayr Rd
42 Glenayr Rd is a 4+1-bedroom, 4-bathroom detached house in Forest Hill South, Toronto, listed for sale at an asking price of $4,500,000 (MLS® C13081206).
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.
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall5/100−$17,056/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 126 detached homes with 5 bedrooms for lease in Toronto right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $18,316 / 2026
- MLS® number
- C13081206
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 2000-2500 sqft
- Lot Size
- 40 x 159.41 ft
- Listed on
- Parking
- 2 Attached, 7 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- Forest Hill South
- Municipality
- Toronto
Building
- Size
- 2000-2500 sqft
- Construction
- Brick
Inside
- Bedrooms
- 4+1
- Bathrooms
- 4
- Bathroom Details
- 1 × 5pc 2nd, 1 × 4pc 2nd, 1 × 3pc Lower, 1 × 2pc Main
- Basement Type
- Unfinished
- Kitchens
- 1
Parking
- Driveway
- Private
- Garage Type
- Attached
- Garage
- 2
- Additional Parking
- 5
- Total Parking
- 7
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Water
Land
- Sewer
- Sewers
- Frontage
- 40 ft
- Depth
- 159.41 ft
- Lot Size
- 40 x 159.41 ft
Additional
- Fireplace
- Yes
- Pool
- None
- Den
- No
- Family room
- No
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 0.0 × 0.0 m | — | Main |
| Dining | 0.0 × 0.0 m | — | Main |
| Kitchen | 0.0 × 0.0 m | — | Main |
| Library | 0.0 × 0.0 m | — | Main |
| Primary | 0.0 × 0.0 m | — | 2nd |
| 2nd Br | 0.0 × 0.0 m | — | 2nd |
| 3rd Br | 0.0 × 0.0 m | — | 2nd |
| Rec | 0.0 × 0.0 m | — | Lower |
| Laundry | 0.0 × 0.0 m | — | Lower |
| Other | 0.0 × 0.0 m | — | Lower |
| Furnace | 0.0 × 0.0 m | — | Lower |
Listing history
Buy/sell history for 42 Glenayr Rd, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $4,500,000 | N/A | For Sale | C13081206 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $900,000
- Total mortgage amount
- $3,600,000
- Total interest payment
- $2,559,000
- Total purchase cost
- $7,059,000
- Mortgage payment
- $20,530/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
86%Monthly carrying cost
$22,056- Rent $5,000
- Shortfall $17,056
Rental income opens at $5,000, the median asking rent of 126 comparable homes for lease in Toronto. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $98,975
- Toronto municipal land transfer tax
- $118,975
- Total land transfer tax
- $217,950
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $209,475
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $2,000,000
- $32,000
- 2.5% from $2,000,000 to $4,500,000
- $62,500
- Ontario total
- $98,975
Toronto’s municipal tax has its own higher brackets at this price, so it adds $118,975.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Street frontage
- 40 ft12.2 m
- Depth
- 159.41 ft48.6 m
The record marks this lot irregular, so its area is not the frontage multiplied by the depth. It is not given here. Confirm with a survey before you buy.
Source: the MLS® listing record.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m1 test or monitoring hole also recorded.250 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity4
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 17 building permits issued within 250 m in the last 2 years250 m
- Nearest airport: 5.4 km5.4 km
- Mapped parcel: about 8,320 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · toronto.parcels
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaOnly facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, Dotto One, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
RD (f12.0; d0.65) (x1321)By-law
569-2013Municipality
Toronto1 f12.0
Frontage: at least 12.0 m.
2 d0.65
Density: floor area is capped at 0.65 times the lot area.
3 x1321
Site-specific exception 1321: this site has rules of its own, written in the by-law.
4 Where this is written
Chapter 10, section 10.20 of By-law 569-2013 · Exception 900.3.10(1321)
5 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
No building permits on file at this address.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
1603 BATHURST STSite planAppeal Received
Site Plan Approval Application to facilitate the construction of an 8-storey rental apartment building containing 79 new residential units. 1601 Bathurst consists of an existing 4-storey apartment building to be demolished.
310 m away1601 BATHURST STSite planAppeal Received
Site Plan Approval Application to facilitate the construction of an 8-storey rental apartment building containing 79 new residential units. 1601 Bathurst consists of an existing 4-storey apartment building to be demolished.
320 m away1 THELMA AVESite planUnder Review
Site Plan Approval for a 7-storey residential building, with 16 dwelling units, 49 vehicle parking spaces, and 10 bicylce parking spaces.
580 m away3 THELMA AVESite planUnder Review
Site Plan Approval for a 7-storey residential building, with 16 dwelling units, 49 vehicle parking spaces, and 10 bicylce parking spaces.
590 m away5 THELMA AVESite planUnder Review
Site Plan Approval for a 7-storey residential building, with 16 dwelling units, 49 vehicle parking spaces, and 10 bicylce parking spaces.
590 m away7 THELMA AVESite planUnder Review
Site Plan Approval for a 7-storey residential building, with 16 dwelling units, 49 vehicle parking spaces, and 10 bicylce parking spaces.
590 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Detached homes for sale in Forest Hill South right now
- For sale now
- 47
- Median asking price
- $5.66M
- New in 7 days
- 4
- Price cuts
- 9%
Middle half: $4M to $10.1M
20 in 28 days
4 listings
This home is asking 20% below the median.
See all homes in Forest Hill SouthAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| St Clair West Station | TTC subway: Line 1 Yonge-University | 900 m |
| Forest Hill Station | TTC light rail: Line 5 Eglinton | 1.2 km |
| Chaplin Station | TTC light rail: Line 5 Eglinton | 1.2 km |
| Cedarvale Station | TTC subway: Line 1 Yonge-UniversityTTC light rail: Line 5 Eglinton | 1.6 km |
| Bloor GO | GO Transit train: KitchenerUP Express train | 4.6 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Forest Hill Junior and Senior Public SchoolToronto DSB | Public · grades JK–8 · French Immersion | 550 m | 93%Grade 6 average |
| Holy Rosary Catholic SchoolToronto CDSB | Catholic · grades JK–8 · French Immersion | 850 m | 82%Grade 6 average |
| Humewood Community SchoolToronto DSB | Public · grades JK–8 · French Immersion | 950 m | 79%Grade 6 average |
| ÉÉC du Sacré-Coeur-TorontoConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 2.8 km | 60%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Forest Hill Collegiate InstituteToronto DSB | Public · grades 9–12 | 1.3 km | 60%Grade 9 math |
| Marshall McLuhan Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 | 1.9 km | 59%Grade 9 math |
| Oakwood Collegiate InstituteToronto DSB | Public · grades 9–12 · French Immersion | 2 km | 44%Grade 9 math |
| École secondaire Toronto OuestConseil scolaire Viamonde | French-language public · grades 9–12 | 4.6 km | 82%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Forest Hill South are shown to signed-in members.