103 Vesta Drive, Toronto, ON

Forest Hill South, Toronto · MLS® C13771408

$4,995,000
For Sale
Listed 38 days agoNo offer date stated
5+1Bedrooms
5Bathrooms
2Garage · 10 parking
3500-5000Sq ft

About this home

In short

  • Iconic Forest Hill Home Located on the Most Desired Block of Vesta Drive.
  • Almost 4,000 SF of Maximum Luxury and Privacy.
  • Spacious Family Room with W/0 to Multiple Decks Overlooking Gorgeous Terraced Gardens and In Ground Pool.
  • Close to the City's Best Private & Public schools including UCC, BSS & Forest Hill Jr PS.

Iconic Forest Hill Home Located on the Most Desired Block of Vesta Drive. Stunning 70 x 202 Lot. Almost 4,000 SF of Maximum Luxury and Privacy. 5 Bedrooms. 4 + 1 Bathrooms. Large Dining Room For Family Gatherings. Modern Living Room For Entertaining. Spacious Family Room with W/0 to Multiple Decks Overlooking Gorgeous Terraced Gardens and In Ground Pool. Pool Cabana. Second Floor Primary Walk out to Terrace. Close to the City's Best Private & Public schools including UCC, BSS & Forest Hill Jr PS. A short walk to Forest Hill Village. Minutes from the subway and the new Eglinton LRT.

Key facts

Property type
Detached, 3-Storey
MLS®
C13771408
Bedrooms
5+1 (6 total)
Bathrooms
5 (1 half)
Size
3500-5000 sq ft
Lot
70 × 202 ft
Cross streets
Vesta Drive & Burton Road
Parking
2 garage · 10 parking (carport)
Driveway
Private
Basement
Finished with Walk-Out
Heating
Water
A/C
Other
Exterior
Brick
Foundation
Unknown
Roof
Shingles
Sewer
Sewer
Pool
Inground
Property tax
$21,114 / 2025
Days on market
38
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

Living RoomMain8.00 × 3.00 m

fireplace · tile floor

KitchenMain5.30 × 3.90 m

eat-in kitchen · tile floor

BedroomSecond3.50 × 3.90 m

Walk-In Closet(s)

BedroomThird5.00 × 3.50 m

Walk-In Closet(s)

BedroomSecond4.30 × 3.70 m

Walk-In Closet(s)

OtherBasement3.60 × 4.70 m
Dining RoomMain6.80 × 3.30 m

Tile Floor

LaundryBasement4.90 × 3.50 m
Primary BedroomSecond7.00 × 4.80 m

w/o to deck · ensuite bath · fireplace

BedroomBasement2.20 × 4.70 m
Utility RoomBasement4.70 × 3.90 m
BedroomSecond5.40 × 3.50 m

Double Closet

Family RoomMain7.10 × 4.70 m

broadloom · w/o to deck

RecreationBasement3.60 × 5.10 m
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Forest Hill South · asking prices
$9.56Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $1,968/sqft; this home lists at $1,175/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
5.00MThis home6.50M6.38M11.40M13.95MThis home vs active comparables

Neighbourhood & location

Forest Hill South, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Dovercourt-Wallace Emerson-Junction
$1.25M
Leaside
$2.15M
St. Andrew-Windfields
$4.10M
Banbury-Don Mills
$5.50M
Woodbine-Lumsden
$949K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Holy Rosary
89%
Holy RosaryCatholic · Elementary · 1.0 km awayHigher-rated than most nearby · 89% meet the provincial standard
Forest Hill Junior and Senior Public SchoolEQAO results not published
Forest Hill Collegiate InstituteEQAO results not published
Also nearby: 12 more schools within 2.5 km
Forest Hill Junior and Senior Public School · Public elementary0.3 km · 82% at standard
Forest Hill Collegiate Institute · Public secondary1.1 km · 76% at standard
Cedarvale Community School · Public elementary1.1 km · 85% at standard
Oriole Park Junior Public School · Public elementary1.1 km · 100% at standard
Humewood Community School · Public elementary1.2 km · 75% at standard
North Preparatory Junior Public School · Public elementary1.4 km · 71% at standard
J R Wilcox Community School · Public elementary1.6 km · 72% at standard
Brown Junior Public School · Public elementary1.6 km · 86% at standard
Hillcrest Community School · Public elementary1.6 km · 85% at standard
West Preparatory Junior Public School · Public elementary1.6 km · 77% at standard
Marshall McLuhan Catholic Secondary School · Catholic secondary1.7 km · 74% at standard
St Alphonsus Catholic School · Catholic elementary1.7 km · 74% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$22,766/mo
$923KIncome needed
5.4×Price ÷ income
$5,254Weekly cost
$252,600Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

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.

93%mortgage
Mortgage $22,766Property tax $1,760Total carry $24,525

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

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$22,095per month

Mortgage amount $3,996,000 · 4.49% over 25 years

$999,000Down payment (20.0%)
$3,996,000Loan before insurance
$0CMHC premium
$23,854Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$22,095
Property tax
$1,760
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$23,854

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$111,350
Toronto municipal land transfer tax
$141,250
Estimated closing costs
$252,600

Plus your down payment of $999,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$26,742/monthPayment at the qualifying rate

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

$2,632,371Total interest paid
$6,628,371Total of all payments
Principal $3,996,000 Interest $2,632,371
YearPrincipalInterestBalance
1$89,174$175,961$3,906,826
2$93,223$171,912$3,813,604
3$97,455$167,680$3,716,149
4$101,880$163,255$3,614,268
5$106,506$158,629$3,507,763
6$111,342$153,793$3,396,421
7$116,397$148,738$3,280,024
8$121,682$143,453$3,158,342
9$127,207$137,928$3,031,135
10$132,982$132,152$2,898,153
11$139,020$126,114$2,759,133
12$145,332$119,802$2,613,800
13$151,931$113,204$2,461,869
14$158,829$106,305$2,303,040
15$166,041$99,094$2,136,999
16$173,580$91,555$1,963,419
17$181,461$83,674$1,781,958
18$189,700$75,435$1,592,258
19$198,313$66,822$1,393,944
20$207,317$57,817$1,186,627
21$216,730$48,404$969,897
22$226,571$38,564$743,326
23$236,858$28,277$506,468
24$247,612$17,522$258,855
25$258,855$6,280$0

At the end of your 5-year term

Total paid over the term
$1,325,674
Principal paid down
$488,237
Interest paid
$837,437
Balance remaining
$3,507,763

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.

Let's connect

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

Rental yield
Estimate$7,350/mo
$88,200Gross annual rent
1.1%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

1.8%
Gross yield
− Property tax $21,114− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $55,984

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.

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