Lot 40.00 × 159.41 Feet (Lot Widens To 71X172.6 Ft As Per Geow)
Garage Yes
Basement Unfinished
What you should know
42 Glenayr Rd is a 4-bedroom, 3-bathroom detached home in Toronto, listed for $4,500,000. It has 2000-2500 sq ft of living space.
1The proposed design showcases expansive principal rooms, an integral garage, and a resort-inspired outdoor setting complete with pool, cabana, and curated entertaining spaces.
2Property and improvements being sold in as-is, where-is condition.
3The current home has been demo'd back to the brick and is not liveable.
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.
4 bedrooms, 3 bathrooms, about 2,000 sq ft, works out to roughly $2,250 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 42 Glenayr Rd
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
2000-2500 sq ftas stated on the listing
Lot size
40.00 x 159.41 Feet (Lot Widens To 71X172.6 Ft As Per Geow)
Parking
7 spacesYes garage
Basement
Unfinished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
7
Interior
Basement
Unfinished
Lot & land
Lot dimensions
40.00 x 159.41 Feet (Lot Widens To 71X172.6 Ft As Per Geow)
Lot size (sqft)
0
Lot features
Irregular Lot
Listing & possession
Property style
2-Storey
Property class
Detached
42 Glenayr Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C13081206$4,500,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 42 Glenayr Rd Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$22,107
/mo
based on the purchase price of $4,500,000
$900,000 cash
$3,600,000 financed
$3,032,145 total interest
Principal54%$3,600,000
Interest46%$3,032,145
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 3–5 bed homes for sale in Toronto around $4.5M.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4987.8%On average, homes sold at or above asking.
Active listings12,139Homes for sale here right now.
Median vs prior 90 days0.0%Compared with Apr 29 – Jul 28, 2026.
Based on 9,511 sales from Jul 28 – Oct 26, 2026 (6,903 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
42 Glenayr Rd is listed at $4,500,000 (MLS® C13081206). Summitly updates the price as soon as the MLS® record changes.
Is $4,500,000 a good price for 42 Glenayr Rd?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 42 Glenayr Rd changed?
No — 42 Glenayr Rd is still listed at its original asking price of $4,500,000.
How many bedrooms and bathrooms does 42 Glenayr Rd have?
42 Glenayr Rd has 4 bedrooms and 3 bathrooms, with about 2,000–2,500 square feet of living space. It is a detached home in Toronto.
Is 42 Glenayr Rd close to transit?
The nearest rapid-transit station is St. Clair West Station (Line 1), about 800 m (about a 10-minute walk) in a straight line. Forest Hill Station is about 1.2 km (about a 15-minute walk), and Chaplin Station is about 1.2 km (about a 15-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 42 Glenayr Rd?
About $22,107 a month — principal and interest on $4,500,000 with 20% down ($900,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 42 Glenayr Rd compare with other homes in Toronto?
Its asking price of $4,500,000 is about 436% above the median sold price in Toronto over the last 90 days, $840,000, across 9,511 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 42 Glenayr Rd been sold before?
Summitly has no earlier MLS® sale or lease of 42 Glenayr Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 42 Glenayr Rd?
42 Glenayr Rd is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 42 Glenayr Rd been on the market?
175 days — 42 Glenayr Rd was listed on May 4, 2026.
What is the price per square foot of 42 Glenayr Rd?
About $1,800 to $2,250 per square foot: the asking price of $4,500,000 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 42 Glenayr Rd have parking or a garage?
Yes — the listing gives 7 parking spaces. Garage: Yes.
