8 Vesta Drive, Toronto, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Forest Hill South. Expertly crafted featuring premium stone and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $7,150,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 7 Bathrooms
- Generous living space spanning 3500-5000 sqft on a premium 50 x 132.12 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Central Vacuum
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Experience the pinnacle of luxury in this custom-built Forest Hill home, offering over 6,500 sq. ft. living space of refined elegance. Garage holds 4 cars, heated driveway, soaring ceilings, and expansive windows, this residence blends grandeur with modern living. The gourmet kitchen features a huge Quartzite center island counter, premium appliances, and a butlers pantry, ideal for both intimate meals and grand entertaining. Each bedroom boasts its own walk-in closet and ensuite bathroom, including a massive walk-in closet in the primary suite. Additional highlights include heated floors, office, media room, exercise room, elevator connecting all three floors. The fully finished lower level offers a nanny suite w/4 Pc Bath, Recreation Room, Wet bar,second laundry room. Smart home with all the bells and whistles. Steps from top schools and Forest Hill Village, this home is the perfect blend of luxury and convenience.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 8 Vesta Drive, Toronto C03, ON M5P 2Z5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $7,150,000 in Toronto, the legal minimum down payment is $1,430,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $165,225 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $165,225 also applies, bringing the total estimated land transfer taxes to $330,450.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
