$5,995,000 - 523 Vesta Drive, Forest Hill
Detached for Sale in Forest Hill
New — Listed 2 days agoNeighbourhood: Forest Hill South
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- MLS Number
- C13779646
- Property Type
- Detached
- Status
- active
- Days on Site
- 2
- Bedrooms
- 5
- Bathrooms
- 7
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Listing Brokerage
- HARVEY KALLES REAL ESTATE LTD.
Welcome to 523 Vesta Drive, an exceptional Forest Hill residence offering over 5,000 sf of beautifully designed living space across 3 levels. A dramatic double-height foyer introduces a light-filled, open-concept interior designed for sophisticated entertaining & comfortable family living. At the heart of the home is a chef-inspired kitchen with a centre island, quartz countertops, a Wolf 6-burner gas range, Sub-Zero refrigerator, and Miele dishwasher. A separate butler's pantry with sink, glass-front cabinetry & additional prep space adds function & elegance. The main level also features a family room with a gas fireplace and direct access to the deck overlooking the landscaped backyard, a private home office with custom built-ins and a functional mudroom. Upstairs are 4 bedrooms, each with its own ensuite & heated bathroom floors. The expansive primary retreat offers a coffee bar with sink, two walk-in closets & spa-inspired ensuite with heated floors, gas fireplace, soaker tub, steam & rain shower, heated towel rack & enclosed water closet. The custom dressing room features a skylight, centre island & vanity. The walkout lower level features heated floors, private home theatre with projector & surround sound, wet bar, climate-controlled glass-enclosed wine cellar, recreation space & private guest or nanny suite with ensuite. Exceptional comfort continues with a private elevator servicing all 3 levels, whole-home Sonos sound system, four gas fireplaces, motorized window coverings, central vacuum & security system. Outside, enjoy a landscaped backyard with in-ground pool, deck & lounge areas. A heated driveway leads to the double car garage. Ideally located in prestigious Forest Hill, close to BSS, UCC, parks, shops, transit & amenities, this is a rare opportunity to own a substantial family residence offering exceptional space, technology & luxury in one of Toronto's most coveted communities.
Estimate your monthly payments for this property
Estimated Payment
$26,517.91/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Forest Hill South
Forest Hill South is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Forest Hill South
- •Convenient location in Forest Hill / Deer Park
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Forest Hill South offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
523 Vesta Drive, Forest Hill / Deer Park
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1713/sqft, this property is priced above the Forest Hill average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Just Listed - Act Strategically
This property hit the market within the last week. In Forest Hill's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Detached Home Advantages
Detached homes in Forest Hill are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Forest Hill.
Bathroom Count Matters
With 7 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.