516 Vesta Drive, Toronto, ON
Forest Hill South, Toronto · MLS® C13849628
About this home
In short
- A MASTERPIECE OF CUSTOM CRAFTSMANSHIP WITH EXPANSIVE GROUND An extraordinary Lorne Rose creation showcasing timeless architecture, exceptional craftsmanship and...
- From the natural stone exterior with limestone detailing to the soaring ceilings, spectacular custom kitchen and extensive millwork, every detail has been...
- The main floor features a porcelain-tiled foyer, high ceilings, circular staircase, custom-trimmed living room with built-ins and integrated speaker system, plus a...
- The elegant dining room boasts a vaulted ceiling, pot lights and custom cabinetry, flowing into a butler's pantry with wine fridge.
- The finished basement offers incredible versatility with a hardwood-floored recreation room, built-in cabinetry, refrigerator, gym, powder room, cold cellar/utility...
**A MASTERPIECE OF CUSTOM CRAFTSMANSHIP WITH EXPANSIVE GROUND** An extraordinary Lorne Rose creation showcasing timeless architecture, exceptional craftsmanship and luxurious finishes. From the natural stone exterior with limestone detailing to the soaring ceilings, spectacular custom kitchen and extensive millwork, every detail has been thoughtfully designed. The main floor features a porcelain-tiled foyer, high ceilings, circular staircase, custom-trimmed living room with built-ins and integrated speaker system, plus a sophisticated office with wood panelling and storage. The elegant dining room boasts a vaulted ceiling, pot lights and custom cabinetry, flowing into a butler's pantry with wine fridge. The spectacular custom kitchen features marble and granite countertops, custom marble backsplash, built-in refrigerator and freezer, extensive cabinetry and built-ins. A beautiful walkout opens to the expansive backyard, surrounded by mature trees and professionally designed landscaping. Upstairs, the spacious primary retreat features custom built-ins, backyard views and a luxurious 5-piece ensuite with two separate vanities, soaker tub and private water closet. Bedroom 2 offers a 4-piece ensuite with porcelain tile, while additional bedrooms are served by beautifully appointed bathrooms. A convenient second-floor laundry completes the level. The finished basement offers incredible versatility with a hardwood-floored recreation room, built-in cabinetry, refrigerator, gym, powder room, cold cellar/utility area and storage. A private nanny/guest suite includes a bedroom with built-in storage, closet and full bathroom. Walk out to the exterior or access the garage directly from the basement and mudroom. Outside, enjoy an expansive backyard and oversized side yard with mature landscaping, traditional wood gates and doors, and exceptional potential for outdoor living. The single-car garage with walkout to a garden area adds convenience.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13849628
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 6 (2 half)
- Size
- 3500-5000 sq ft
- Lot
- 37.72 × 232.24 ft
- Cross streets
- Bathurst/Eglinton
- Parking
- 1 garage · 6 parking (built-in)
- Driveway
- Private
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone
- Foundation
- Other
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $30,194 / 2025
- Days on market
- 19
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
hardwood floor · panelled
hardwood floor · closet · semi ensuite
hardwood floor · closet · 4 pc bath
walk-in closet(s) · fireplace · 5 pc ensuite
hardwood floor · bay window · combined w/dining
4 Pc Ensuite
hardwood floor · closet · semi ensuite
hardwood floor · breakfast area · walk-out
hardwood floor · walk-out
hardwood floor · b/i bookcase · fireplace
hardwood floor · pantry · vaulted ceiling(s)
No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.
Considering this property? Request a written price readNeighbourhood & location
Forest Hill South, Toronto, ON
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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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $4,160,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $23,001
- Property tax
- $2,516
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $25,518
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $116,475
- Toronto municipal land transfer tax
- $152,475
- Estimated closing costs
- $268,950
Plus your down payment of $1,040,000. 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
- $1,380,081
- Principal paid down
- $508,275
- Interest paid
- $871,806
- Balance remaining
- $3,651,725
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
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 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 RE/MAX REALTRON REALTY INC.. MLS®/PropTx.