612 Vesta Drive, Toronto C04

Price: $2,798,000

5 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: C12991426

An Exceptional Opportunity in Prestigious Forest Hill North Set on coveted Vesta Drive, this distinguished residence showcases timeless elegance and outstanding curb appeal in one of Toronto's most sought-after neighbourhoods. Thoughtfully updated, the classic centre hall floor plan offers an ideal blend of traditional charm and modern functionality, and sits perfectly on a lush and private 154 deep lot garden oasis. Boasting 4+1 bedrooms, this spacious home is enhanced by both main floor and lower level additions, providing expansive principal rooms and versatile living spaces perfectly suited for refined family living and sophisticated entertaining. Ideally located just moments from boutique shops, fine dining, and charming cafés along Eglinton Avenue, while offering effortless access to public transit and the LRT, ensuring seamless connectivity throughout the city. A rare and remarkable offering in a prestigious, established community-this is Forest Hill North living at its finest.

612 Vesta Drive - Detached photo 1 of 24 in Lawrence Park / Bedford Park, Ontario
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$2,798,000 - 612 Vesta Drive, Lawrence Park

Detached for Sale in Lawrence Park

64 days on market
5Beds
4Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
C12991426
Property Type
Detached
Status
active
Days on Site
64
Bedrooms
5
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Lawrence Park / Bedford Park
Listing Brokerage
RE/MAX REALTRON BARRY COHEN HOMES INC.
Description

An Exceptional Opportunity in Prestigious Forest Hill North Set on coveted Vesta Drive, this distinguished residence showcases timeless elegance and outstanding curb appeal in one of Toronto's most sought-after neighbourhoods. Thoughtfully updated, the classic centre hall floor plan offers an ideal blend of traditional charm and modern functionality, and sits perfectly on a lush and private 154 deep lot garden oasis. Boasting 4+1 bedrooms, this spacious home is enhanced by both main floor and lower level additions, providing expansive principal rooms and versatile living spaces perfectly suited for refined family living and sophisticated entertaining. Ideally located just moments from boutique shops, fine dining, and charming cafés along Eglinton Avenue, while offering effortless access to public transit and the LRT, ensuring seamless connectivity throughout the city. A rare and remarkable offering in a prestigious, established community-this is Forest Hill North living at its finest.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$12,376.50/mo

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5-yr fixed avg.

Principal: $2,238,400Interest: $1,474,549
Mortgage Amount$2,238,400
Total Interest$1,474,549
Est. Property Tax$1,982/mo
Total Cost$3,712,949

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: Lawrence Park / Bedford Park

Discover Lawrence Park / Bedford Park

Lawrence Park / Bedford 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 Lawrence Park / Bedford Park

  • Convenient location in Lawrence Park / Bedford 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

Lawrence Park / Bedford 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

612 Vesta Drive, Lawrence Park / Bedford Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
0.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$1,982
Insurance (est.)-$583
Net Cash Flow+$1,135

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 $1399/sqft, this property is priced above the Lawrence Park 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 64 days on site, this property has exceeded the typical selling timeline for Lawrence Park. 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 Lawrence Park 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.

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 Lawrence Park.

Bathroom Count Matters

With 4 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.

Investment Perspective

Looking at this as an investment: Lawrence Park properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $11,658 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    612 Vesta Drive, Lawrence Par… — $2,798,000 | Battaglia Team