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New3 hours ago

516 Vesta Drive

Forest Hill South, Toronto

$5,200,000

Detached|2-Storey
4 | 6 | 6
About this home

**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.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNew
Size3500-5000 sq. ft.
Property Tax$30,194
Lot Size37.72 ft x 232.24 ft
mls© NumberC13849628
Listed ByRE/MAX REALTRON REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$26,616
Property tax
$2,516
Heat allowance
$150
Housing costs
$29,282 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $1,040,000
25-yr amortization

Income needed

$901,000

gross annual household income

Payment at 4%
$21,882 / mo
Cash down
$1,040,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

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