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30
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30
$3,995,000
26 Vesta Drive, Toronto, ON M5P 2Z5
Forest Hill South · C03
5 bd
5 ba
3,000 sf
5.5
4 days on marketMLS® C13759092
Listing courtesy of HARVEY KALLES REAL ESTATE LTD.
Forest Hill South · C03 · M5P 2V9
$3,900,000
$1,300 / sq ft2 months on market
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Exceptional development and investment opportunity in Toronto's prestigious Forest Hill neighbourhood. Located along a prominent stretch of Spadina Road, just north of Casa Loma, this rare offering presents multiple pathways for investors, developers, and end users alike. Currently improved with a substantial seven-bedroom residence, the property is fully tenanted and generating income, providing immediate cash flow while future plans are considered.The existing home showcases timeless architectural character with an impressive grey stone and red brick façade, commanding street presence, and a setting surrounded by mature trees and distinguished executive residences. Whether you choose to maintain the property as a high-performing investment, transform the existing structure into a remarkable luxury residence, renovate the carriage house to create additional income-generating units, or redevelop the site entirely, the possibilities are extensive.Developers and land assembly groups will appreciate the property's strong frontage, prestigious location, and long-term redevelopment potential within one of Toronto's most coveted residential corridors. Ideally situated near transit, top-ranked public and private schools, parks, downtown Toronto, and the city's financial and cultural districts, this location continues to experience strong demand and enduring value.Opportunities that offer immediate income, exceptional land value, and future development flexibility are increasingly rare. Whether pursued as a strategic long-term holding, luxury estate conversion, multi-unit enhancement, or future multi-family redevelopment project, 380 Spadina Road represents a unique opportunity in the heart of Forest Hill.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced below most comparable listings — about 10% of comparable detached listings in Forest Hill South are asking less.
Based on 39 comparable active detached listings in Forest Hill South. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $3,900,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of REVEL Realty Inc., Brokerage. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of HARVEY KALLES REAL ESTATE LTD.
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Forest Hill South · C03
Listing courtesy of HARVEY KALLES REAL ESTATE LTD.
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Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY
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Forest Hill South · C03
Listing courtesy of HOMELIFE BROADWAY REALTY INC.
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Forest Hill South · C03
Listing courtesy of CHESTNUT PARK REAL ESTATE LIMITED
$4,499,000
Forest Hill South · C03
Listing courtesy of HOMELIFE LANDMARK REALTY INC.
