508 Vesta Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of Forest Hill South. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $4,550,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 7 Bedrooms and 4 Bathrooms
- Generous living space spanning 3500-5000 sqft on a premium 50 x 143.54 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 14.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Guest Accommodations, Sump Pump
- equipped with central air central cooling and highly efficient water heating via gas
Description
Tucked away in prestigious Forest Hill, this beautifully updated residence blends timeless elegance with modern family living. Featuring 5 spacious bedrooms, 2 versatile dens, and 4 well-appointed bathrooms, the home offers exceptional comfort and flexibility. A gracious foyer with classic wainscoting, a grand staircase, and a refined powder room sets the tone. The main floor balances formal and casual spaces, with a sophisticated living room, inviting dining area, and a bright eat-in kitchen with skylight, large island, and direct backyard access. The expansive family room includes a fireplace and French doors, while a sunlit office overlooks the landscaped yardideal for peaceful remote work. Upstairs, find 4 large bedrooms and 2 full baths, including a serene primary suite with dual walk-in closets and a luxurious 5-piece ensuite. The third floor, currently a Pilates studio, offers endless potential with plumbing for an ensuite. A finished lower level adds a recreation room, guest suite, spa-inspired bath, custom pantry, and stylish laundry. The fully fenced backyard is a private oasis with an in-ground pool and seamless flow from the kitchen. A gated private drive, double garage, and parking for 12 complete this rare offering in one of Toronto's most sought-after neighbourhoods. 2024 Work - HVAC, All Mechanical, All plumbing throughout, Roof, All Windows, Inground Pool, Front and Back Landscaping with new fence, circular driveway, lighting and sprinkler system. Electric Security Gate, Security Camera System, Heated floors in Kitchen and Basement, All bathrooms throughout + Lower Level Nanny Suite!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Park, Public Transit, Fenced Yard, Electric Car Charger, Place Of Worship, School
Interior Features
Guest Accommodations, Sump Pump
Security Features
Alarm System
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 508 Vesta Drive, Toronto C03, ON M5P 3A8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $4,550,000 in Toronto, the legal minimum down payment is $910,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $100,225 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $100,225 also applies, bringing the total estimated land transfer taxes to $200,450.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
