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43.73° N · 79.40° W — Toronto & nearby · 9,738 homes for sale today43.73° N · 79.40° W — 9,738 homes today(647) 554-7436Saved

43.7014° N · 79.4210° W — Forest Hill South, Toronto — MLS® #C13849628

516 Vesta Dr

$4,999,000

Forest Hill South, Toronto, Ontario M5P 3A8

4+1
BedroomsBeds
6
BathroomsBaths
3500-5000 sqft3500-5000
SizeSq ft
37.72 x 232.24 ft
Lot sizeLot

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In short · from the listing record

516 Vesta Dr is a 4+1-bedroom, 6-bathroom detached house in Forest Hill South, Toronto, listed for sale at an asking price of $4,999,000 (MLS® C13849628).

**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.

Listing readings

How it measures up

Scores from the listing record and the market around it.

  • 68Good

    Condition score

    6 condition-related facts documented

    Listing age, structured features and disclosed update language; not an inspection.

  • 5Shortfall

    Cash flow quality

    −$20,323/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Median of 128 detached homes with 5 bedrooms for lease in Toronto right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

The data table

Every fact

Everything the board publishes for this home.

Tax
$30,194 / 2025
MLS® number
C13849628
Board
TRREB MLS®
Property Type
Detached
Building Age
New
Time on market
Size
3500-5000 sqft
Lot Size
37.72 x 232.24 ft
Listed on
Parking
1 Built-In, 6 Parking

Listing history

Listing activity for 516 Vesta Dr, Toronto, Ontario

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$4,999,000N/APcC13849628

Inside

Room by room

From the listing.

Ground5 rooms
  • Living3.96 × 4.15 mhardwood floor, Bay Window, Combined W/Dining
  • Dining3.96 × 4.88 mhardwood floor, Pantry, Vaulted Ceiling
  • Kitchen3.99 × 8.53 mhardwood floor, Breakfast Area, Walk-Out
  • Family5.0 × 6.16 mhardwood floor, B/I Bookcase, Fireplace
  • Office3.41 × 4.57 mhardwood floor, Panelled
2nd4 rooms
  • Primary5.06 × 5.49 mW/I Closet, Fireplace, 5 Pc Ensuite
  • 2nd Br3.57 × 3.96 mhardwood floor, Closet, 4 Pc Bath
  • 3rd Br3.84 × 4.66 mhardwood floor, Closet, Semi Ensuite
  • 4th Br3.66 × 3.9 mhardwood floor, Closet, Semi Ensuite
Bsmt2 rooms
  • Rec4.62 × 12.24 mhardwood floor, Walk-Out
  • 5th Br1.0 × 1.0 m

Property

Property Type
Detached
Style
2-Storey
Community
Forest Hill South
Municipality
Toronto

Building

Size
3500-5000 sqft
Building Age
New
Construction
Stone

Inside

Bedrooms
4+1
Bathrooms
6
Bathroom Details
2 × 5pc, 2 × 2pc, 2 × 4pc
Basement Type
Finished with Walk-Out
Kitchens
1

Parking

Driveway
Private
Garage Type
Built-In
Garage
1
Additional Parking
5
Total Parking
6

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
37.72 ft
Depth
232.24 ft
Lot Size
37.72 x 232.24 ft

Where it sits

The street and the area

Asking prices on the map.

Map and tour

Transit nearby

StationLinesDistance
Chaplin StationTTC light rail: Line 5 Eglinton350 m
Forest Hill StationTTC light rail: Line 5 Eglinton400 m
Avenue StationTTC light rail: Line 5 Eglinton1 km
Cedarvale StationTTC subway: Line 1 Yonge-UniversityTTC light rail: Line 5 Eglinton1.2 km
Glencairn StationTTC subway: Line 1 Yonge-University1.8 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto.

Around it

Detached in Forest Hill South

Active listings only, today.

Detached homes for sale in Forest Hill South right now

For sale now
49
Median asking price
$5.5M

Middle half: $4.08M to $9.99M

New in 7 days
6

22 in 28 days

Price cuts
8%

4 listings

This home is asking 9% below the median.

See all homes in Forest Hill South

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Site report

What the record says

What the City and the conservation authority have on file for this address.

  • Heritage and ravineNone foundNot found on the Heritage Register
  • Heritage and ravineNone foundNot in a mapped Heritage Conservation District
  • Heritage and ravineNone foundNot in the mapped ravine protection area
  • ZoningRD (f18.0; d0.65) (x1321)Residential Detached zone (RD) · Chapter 10, section 10.20 of By-law 569-2013 · Exception 900.3.10(1321)
  • Permits1 clearedNew Building Issued August 31, 2007
  • Signals nearby6 to note515 CHAPLIN CRES, Site plan, 480 m away · 525 CHAPLIN CRES, Site plan, 530 m away · 523 A EGLINTON AVE W, Site plan, 620 m away · 521 EGLINTON AVE W, Site plan, 620 m away · 515 EGLINTON AVE W, Site plan, 630 m away · 509 EGLINTON AVE W, Site plan, 640 m away
  • ca regulatedNone in rangeNot in Toronto and Region Conservation Authority’s mapped regulated area
  • provincial plansNone in rangeOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
  • wetlandNone in rangeNo mapped wetland within 120 m
  • aggregateNone in rangeNo licensed pit or quarry within 2 km
  • wellsNone in rangeNo recorded oil, gas or salt well within 250 m
  • trailOn recordA trail on the Ontario trail network within 1 km
  • permitsOn record43 building permits issued within 250 m in the last 2 years
  • airportOn recordNearest airport: 4.3 km
  • parcelOn recordMapped parcel: about 8,960 sq ft Measured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.
  • water wellsNone in rangeNo water-supply well recorded within 250 m 8 test or monitoring holes also recorded.
  • groundwaterOn recordGroundwater recorded about 3 m below ground nearby The middle water level in the well records within 500 m (231 records). It changes with the season and from spot to spot.
  • npriNone in rangeNo facility within 1 km reports pollutant releases to Environment Canada Only facilities above the inventory’s reporting thresholds are listed.
  • fcsiNone in rangeNo federal contaminated site within 1 km The federal inventory covers federal land only; it says nothing about provincial or private sites.
  • electricityOn recordElectricity is distributed here by Toronto Hydro-Electric System Limited
  • internet speedOn recordWired internet 50/10 Mbps or faster is listed at this location Fixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
  • broadbandOn recordAcross the surrounding area: fibre to the home, cable, DSL internet listed Fibre to the home: Beanfield Metroconnect, Bell, Dotto One, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.

None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.

Each record is the map at the home’s location, not an inspection. Confirm anything that matters with the municipality, Toronto and Region Conservation Authority or the record’s publisher.

City of Toronto Open Data and zoning map, read at this address. Contains information licensed under the Open Government Licence – Toronto. City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.

Lot

Street frontage
37.72 ft11.5 m
Depth
232.24 ft70.8 m

The record marks this lot irregular, so its area is not the frontage multiplied by the depth. It is not given here. Confirm with a survey before you buy.

Source: the MLS® listing record.

Land transfer tax on this home

Ontario land transfer tax
$111,450
Toronto municipal land transfer tax
$141,430
Total land transfer tax
$252,880
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$244,405
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $2,000,000
$32,000
2.5% from $2,000,000 to $4,999,000
$74,975
Ontario total
$111,450

Toronto’s municipal tax has its own higher brackets at this price, so it adds $141,430.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Schools

Nearest schools

Straight-line distances. Check catchments with the board.

ElementaryEQAO average 2024–25

  • North Preparatory Junior Public SchoolToronto DSBPublic · grades JK–670%Grade 6 average500 m
  • Forest Hill Junior and Senior Public SchoolToronto DSBPublic · grades JK–8 · French Immersion93%Grade 6 average900 m
  • Our Lady of the Assumption Catholic SchoolToronto CDSBCatholic · grades JK–859%Grade 6 average1.9 km
  • ÉÉC du Sacré-Coeur-TorontoConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–660%Grade 6 average3.8 km

SecondaryGrade 9 math 2024–25

  • Forest Hill Collegiate InstituteToronto DSBPublic · grades 9–1260%Grade 9 math200 m
  • Marshall McLuhan Catholic Secondary SchoolToronto CDSBCatholic · grades 9–1259%Grade 9 math1.1 km
  • North Toronto Collegiate InstituteToronto DSBPublic · grades 9–1280%Grade 9 math2.2 km
  • Collège français secondaireConseil scolaire ViamondeFrench-language public · grades 9–1286%Grade 9 math5.6 km

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Searches this home is in

Keep looking

The ledger

What it costs to own

Worked out for this home. Change any number.

Price$4,999,000

A month, all in

$25,323

  • Mortgage$22,807
  • Property tax$2,516

A planning figure, not a quote.

Land transfer tax

$252,880

$244,405 for first-time buyers; Toronto adds its own tax.

Rent, similar homes

$5,000

a month, median asking rent of 128 similar homes in Toronto.

Community

Who lives around it

Similar homes

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Shemeer Ahmad

Shemeer AhmadVALERY REAL ESTATE INC.

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(647) 554-7436

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