$12,488,000 - 123 Glenayr Road, Forest Hill
Detached for Sale in Forest Hill
103 days on market- MLS Number
- C12848670
- Property Type
- Detached
- Status
- active
- Days on Site
- 103
- Bedrooms
- 6
- Bathrooms
- 10
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Forest Hill / Deer Park
- Listing Brokerage
- PSR
A landmark residence in the heart of Forest Hill, masterfully developed and designed by Danieli Development Group, a name synonymous with precision, craftsmanship, and timeless luxury. Spanning approximately 10,000 sq ft across the entire property, this architectural statement blends modern-classical symmetry with refined contemporary interiors. A grand stone façade, formal landscaping, and commanding presence set the tone. Inside, 12-foot ceilings on the main floor and herringbone flooring throughout the entire home create scale and cohesion. The home is serviced by a private elevator and features four fireplaces, including a striking natural stone living room focal point. The chef's kitchen and fully equipped butler's kitchen are appointed with premium Miele appliances, bespoke cabinetry, and natural stone surfaces. Entertain with a custom-designed wine cellar featuring leather accents, wine peg detailing, glass, mirror, and warm wood veneer finishes. The second-floor hallway is defined by mirrored walls that enhance light and depth. The primary suite offers a fireplace, separate his-and-hers walk-in closets, and dual spa-inspired ensuites with steam showers and bespoke finishes. Two additional bedrooms are located on the second floor, with two more on the third level. The lower level offers a private theatre, nanny suite with ensuite, and a resort-inspired wellness retreat. The indoor Sicis saltwater pool with iridescent mosaic tile is complemented by a dramatic double-sided fireplace, along with a bar, heated floors, steam room, and gym. Completing the home is a rare five-car garage, plus a heated two-car driveway, front porch walkway, and rear porch. Currently nearing completion, this residence presents a rare opportunity for the buyer to participate in final design selections and finishing touches.
Estimate your monthly payments for this property
Estimated Payment
$55,238.64/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Forest Hill / Deer Park
Forest Hill / Deer Park is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Forest Hill / Deer Park
- •Convenient location in Forest Hill / Deer Park
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Forest Hill / Deer Park offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
123 Glenayr Road, Forest Hill / Deer Park
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $2498/sqft, this property is priced above the Forest Hill average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 103 days on site, this property has exceeded the typical selling timeline for Forest Hill. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Forest Hill are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 5,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Forest Hill.
Bathroom Count Matters
With 10 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.