861 Avenue Road, Toronto, ON M5P 2K4
Yonge-Eglinton · C03 · M5P 2K4
$9,999,000
$893 / sq ft1 months on market
- Interior
- 11,195 sf
- Lot
- 141.15 × 0 ft
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
This property's sale history is hidden
TRREB rules require a free account before sold and leased prices can be shown. One registration unlocks full sale history across the site.
Unlock sale history & sold priceFree. Takes about twenty seconds.
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.
- 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
- 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.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
Unlock nearby sold pricesFree. Takes about twenty seconds.