It's been a tough market for people selling their houses in Toronto this past year, and it hasn't been much better for the luxury homes market. 

And sure, the world's tiniest violin is playing in the background because most people can't even afford a home in this city. But it is interesting that a home as beautiful as 106 Glenayr Rd. has been on the market for more than eight months without selling. 

Eight whole months, and still no takers.

The open concept living and dining room with soaring ceilings. 

The breathtaking new build was designed by Omid Taba, the founder of OE Design, and is a sophisticated home that could easily grace the pages of an interior design magazine. 

A TV room or bedroom. 

106 Glenayr Rd. sits on a generous 50 by 130-foot lot and boasts a total of 5,800 square feet of above-grade living space, with an additional 2,950 square feet in the basement, a subterranean space that rivals most houses in the city.

A home office space. 

As you enter the home, the entry signals the exceptional craftsmanship and elegance that awaits inside.

The foyer. 

It looks like a moody luxury hotel lobby, and we're here for it. 

Built-in furniture adds extra storage. 

The main floor has a similar style with rich dark woods, brass accents and bold stone materials throughout. 

The living room with a fireplace. 

While there are distinct spaces, they all work together in a harmonious fashion. 

The primary ensuite bathroom. 

It's clear that every detail of this home has been thoughtfully curated. 

The kitchen with a double island. 

However, probably the most obvious spot is in the kitchen, which, of course, has top-of-the-line fixtures and appliances, including a Subzero fridge/freezer, Miele dishwashers, a Lacanche double oven and cooktop, a Miele coffee maker, and more.

A bedroom. 

The house has five bedrooms and eight bathrooms. 

The primary bedroom. 

The primary suite rivals most five-star hotels with a custom bed, walk-in wardrobe and moody ensuite bathroom. 

The bar. 

Other notable features of 106 Glenayr Rd. are the heated three-car garage and driveway, the recreation room, which features a fully equipped bar and a cooled wine cellar.

The home theatre. 

There's also a state-of-the-art theatre room with an automated system and an elevator, ensuring seamless movement throughout all levels.

The family room opening out to the backyard. 

As for outdoor space, the backyard has a swimming pool and a large patio.  

The basement rec room also walks-out to the backyard. 

And while the home hasn't sold yet, that might soon change with the rumoured December interest rate cuts. 

The backyard. 

106 Glenayr Rd. is listed for $14,500,000.