103 Vesta Drive, Toronto C03

Price: $5,699,000

6 bedrooms, 5 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: C12993056

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

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$5,699,000 - 103 Vesta Drive, Forest Hill

Detached for Sale in Forest Hill

63 days on market
6Beds
5Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
C12993056
Property Type
Detached
Status
active
Days on Site
63
Bedrooms
6
Bathrooms
5
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Forest Hill / Deer Park
Listing Brokerage
HARVEY KALLES REAL ESTATE LTD.
Description

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

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$25,208.60/mo

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5-yr fixed avg.

Principal: $4,559,200Interest: $3,003,380
Mortgage Amount$4,559,200
Total Interest$3,003,380
Est. Property Tax$4,037/mo
Total Cost$7,562,580

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.

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Neighbourhood Guide: Forest Hill / Deer Park

Discover Forest Hill / Deer Park

Forest Hill / Deer Park 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 / Deer Park

  • 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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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 / Deer Park 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.

70
Walk Score
Varies
Price Range

103 Vesta Drive, Forest Hill / Deer Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,850/mo
Range: $4,123 - $5,578
Cap Rate (ROI)
-0.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,850
Maintenance Fees-$0
Property Tax (est.)-$4,037
Insurance (est.)-$1,187
Net Cash Flow-$374

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1628/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.

Negotiation Opportunity

At 63 days on site, this property has exceeded the typical selling timeline for Forest Hill. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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 6 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 5 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.

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    103 Vesta Drive, Forest Hill… — $5,699,000 | Battaglia Team