412 Glenayr Road, Toronto, ON
Forest Hill South, Toronto · MLS® C12434021
About this home
Don't miss out on this once-in-a-lifetime chance to build your dream home on one of the most sought after streets in lower Forest Hill Village. Enjoy an expansive frontage of 53' on the most desirable part of Glenayr. You can relax in complete privacy in this lush backyard surrounded by tall trees for the ultimate tranquility. This property boasts a prime location with close proximity to the city's top private and public schools. Enjoy numerous recreational parks, walking trails & dog parks nearby. Just steps from public transit/ttc. Indulge in fine dining, access to high-end gyms & explore luxury shops at the Forest Hill Village just steps away from your front door.
Key facts
- Property type
- Detached, 3-Storey
- MLS®
- C12434021
- Bedrooms
- 5
- Bathrooms
- 4 (1 half)
- Size
- 2500-3000
- Lot
- 53 × 110 ft
- Cross streets
- Btwn Dewbourne/Ava
- Parking
- 2 garage · 4 parking (detached)
- Driveway
- Private
- Basement
- Finished
- Heating
- Water
- A/C
- Window Unit(s)
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Unknown
- Sewer
- Sewer
- Property tax
- $17,510 / 2024
- Days on market
- 290
- Listing brokerage
- HARVEY KALLES REAL ESTATE LTD.
Rooms
Listed at $3,999,999, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 14 similar homes nearby, adjusted for size, beds, and baths.Median of 14 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $4.31M, a bit lower. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $3.50M
- Bathrooms −$15K
- Adjusts to $3.48M
That comparable adjusts to $3.48M; the $5.44M estimate above is the median of all 14 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
On location, this is a very walkable address with everyday errands close by. Bathurst St at Ava Rd is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $5.44M, median of 14 comparables.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 29% below the area average of $2,047/sqft.
289 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Forest Hill South, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Bathurst St at Ava Rd, about 264 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $3,199,999 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $17,076
- Property tax
- $1,459
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $18,536
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $86,475
- Toronto municipal land transfer tax
- $96,475
- Estimated closing costs
- $182,950
Plus your down payment of $800,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $1,024,583
- Principal paid down
- $407,521
- Interest paid
- $617,062
- Balance remaining
- $2,792,479
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.