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For saleMLS® C13788598

861 Avenue Road, Toronto, ON M5P 2K4

Yonge-Eglinton · C03 · M5P 2K4

$9,999,000

$893 / sq ft

1 months on market

Interior
11,195 sf
Lot
141.15 × 0 ft

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About this property

Situated at the prestigious southeast corner of Avenue Road and Chaplin Crescent in the heart of Forest Hill South, 861 Avenue Rd represents a rare, fully approved premier development site primed for an ultra-luxury residential landmark. Envisioned by the renowned architect Richard Wengle, this fully approved project introduces an exclusive collection of 9 sophisticated, freehold executive townhomes spanning an approximate gross floor area of 25,694 SF over four storeys. The master-planned design divides the development into two distinct blocks accessed by a shared driveway, ensuring an intimate, secure, and low-density enclave layout. Engineered for premium lifestyle appeal, each of the nine residences is thoughtfully configured with its own at-grade, private two-car garage and a spacious rooftop terrace offering private outdoor areas overlooking the treetops. The property boasts an unparalleled location, nestled directly alongside the scenic Kay Gardner Beltline trail, Oriole Park, Forest Hill Rd Park, and within short walking distance of Canada's most elite private schools, including Upper Canada College and The Bishop Strachan School. Combining the tranquil prestige of a historic neighbourhood with seamless urban connectivity, this shovel-ready asset offers effortless access to both Davisville station on Line 1 and the Avenue station on the Line 5 Eglinton Crosstown, positioning it as an exceptional investment ideally suited to discerning buyers, professionals, downsizers, and families seeking proximity to Midtown Toronto's leading private schools and amenities.

Property details

Property

Property type
vacant land
Interior size
11,195 sq ft
Zoning
R (f9.0; d0.6) (x731)
Possession
Flexible

Exterior & services

Sewer
Sanitary

Costs

List price
$9,999,000
Property taxes
$22,246 / year (2025)
Price per sq ft
$893

Listing

MLS® number
C13788598
Status
For sale
Listed
September 15, 2026
Days on market
50
Last updated
September 16, 2026
Listing brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 95% of comparable vacant land listings in Toronto are asking less.

$1Median $1.30M$6.22M
This home
$893 / sq ft
Comparable median
$240 / sq ft

Based on 95 comparable active vacant land listings in Toronto. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $1,999,800
$1,999,800
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$44,228.95
Property tax (est.)
$1,853.80
Estimated monthly
$46,083

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$236,450
Toronto municipal
$416,420
Total due on closing
$652,870

An estimate on the asking price of $9,999,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$9,999,000

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Comparable sales nearby

What similar homes in this area actually sold for.

Nearby sold prices are hidden

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