$9,999,000
For sale: Vacant Land

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.
Sold data
Homes in Toronto (Yonge-Eglinton) took a median of 24 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 47, across 5,843 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 48 days.
The median sale price was $799,000.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 19% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
Based on 5,843 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Yonge-Eglinton) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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