AVERAGE HOME PRICES
Alderwood is comprised of many post-WW2 one-and-a-half storey homes and bungalows, though there are a number that have added a second storey to provide more room to grow or been rebuilt altogether, expanding frontwards and/or backwards to increase square footage thanks to the generous lot sizes. There are also newer houses in the area; the early 2000s marked the beginning of a new era in construction, with the rate (9.1%) the highest since the 1960s. Condominiums in Alderwood are still pretty limited but the trend of moving to the west end of the city is drawing much interest from developers.
Just over 12,000 people live in Alderwood, which is a well-established and family-oriented community. There’s been little population change in recent years; however, the demography has shifted slightly, increasing most between the ages 55-64 and 0-9. Almost half of all couples have children and more than 50% of single adults (age 20-34) live with their parents. The median family income is $99,401. Homeownership is high at a rate of 80%.
Alderwood is primarily residential, with an area of light industry and relatively little commercial space; however, Sherway Gardens shopping mall is just north-west of the neighbourhood on the other side of Evans Avenue. The addition of grocery chain Farm Boy to the Shoppes of Alderwood plaza on Browns Line has brought a fresh experience to the community, not only in terms of food but faces as its frequented by people both inside and outside the area.
On Alderwood’s western border is the 19.6 hectare Etobicoke Valley Park, which features four baseball diamonds at its northern end, a children’s playground near Horner Avenue and a trail that runs along the bank of the Etobicoke Creek.
Residents are strong supporters of the community and particularly proud of locally-focused institutions like the Alderwood Centre. The multi-purpose facility includes a primary school, public library, community and fitness rooms, pool and daycare centre. It is located next to a park equipped with playground, tennis courts and an artificial ice rink.
The community is serviced by two major highways via Browns Line — the north-south 427 and east-west QEW/Gardiner Expressway. A Go Transit station just south of Alderwood in Long Branch provides rail travel to downtown Toronto and as far west as Hamilton. Also nearby in Long Branch is the 501 Queen streetcar. If taken, it can get you all the way to the east end of the city on just one ride. There are a number of TTC bus routes that connect commuters to either Kipling, Islington or Royal York stations on the Bloor-Danforth subway line. The community has a transit score of 62 out of 100.
There are three schools located in Alderwood. The designated attendance boundary for St. Josaphat, an Eastern Rite school, also falls within the area.
*Schools located in Alderwood.
NOTE: Designated attendance boundaries for 2020/2021 school year.
Neighbourhood Property Alert
Want to know what properties are selling for in Alderwood? Or are you interested in another neighbourhood? Simply fill out the form below and get new listing updates for your preferred community delivered directly to your email inbox. If you like a property you see or want additional information, contact me.
Average home prices are based on sold prices for Q1 2021. Freehold prices are for all home types. Semi-detached prices are for two-storey and three-storey homes. Two-storey prices are for detached homes. Community information based on data collected by Statistics Canada for its 2016 census study. Accuracy is of upmost importance and every effort is made to verify the information displayed. However, it should be used for reference only as details are subject to change without notice.