The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
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
Listing
MLS® number
C13788598
Status
For Sale
Listed
Sep 15, 2026
Last updated
Sep 16, 2026
Possession
Immediate
Building
Type
Commercial
Style
Land
Approx. age
Not provided by brokerage
Approx. size
Not provided by brokerage
Basement
Not provided by brokerage
Lot
Frontage
141.15 ft
Depth
Not provided by brokerage
Lot area
Not provided by brokerage
View
Not provided by brokerage
Community
Yonge-Eglinton
Parking & utilities
Garage
Not provided by brokerage
Driveway
Not provided by brokerage
Heating
Not provided by brokerage
Cooling
Not provided by brokerage
Water / sewer
Not provided by brokerage
Taxes
Property tax
$22,246 / 2025
Condo fee
N/A
Source
Data source
TRREB (VOW feed)
Listed by
SOTHEBY'S INTERNATIONAL REALTY CANADA
Interior
Level
Room
Size
Features
Loading rooms…
Exterior
Cross street: Avenue Rd & Chaplin Cres SE Corner. Appx 500 metre from Upper Canada College Campus
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$39,260/mo
Mortgage (principal + interest)$37,406
Property taxFrom listing: $22,246/yr$1,854
Minimum 20% ($1,999,800 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$1,999,800
Ontario land transfer taxProvincial brackets, no first-time refund$236,450
Toronto land transfer taxMunicipal brackets, no first-time refund$484,910
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$2,723,960
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Toronto adds its own land transfer tax; first-time buyers can get up to $4,475 back on it.
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
