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Alderwood, Toronto

Real Estate Market Report

ActiveCurrent active residential listings.
41
Sold (12 mo)Sold residential listings, trailing 12 months.
68

Based on geocoded sales; may understate total volume.

Median PriceMedian sold price, trailing 6 months.
$1.13M
Avg DOMAverage days on market (sold, 6 months).
32 days
SP/LPMean sale-to-list ratio (6 months).
98.4%
MOIMonths of inventory.
9.5 months

Source: MLS data under license · Aggregated by REintel / Direct Realty Ltd., Brokerage · Trailing 12 months · sold residential · medians 6-month basis

Living in Alderwood

Alderwood is a low-rise, residential neighbourhood in the southwest corner of Toronto, Ontario, Canada, known for its quiet streets, mature tree canopy, and strong sense of community stability. The housing stock in Alderwood consists predominantly of post-war bungalows and detached single-family homes, with a smaller number of semi-detached properties and newer infill builds on larger lots. Lot sizes typically range from 25 to 40 feet wide, giving the neighbourhood a spacious feel compared to more densely developed parts of Toronto. With a current median sold price of $575,000 and 5 active listings as of this report, Alderwood sits at a more accessible price point than many comparable Toronto neighbourhoods, though values have appreciated steadily over the past decade in line with broader Greater Toronto Area trends tracked by the Canadian Real Estate Association (CREA). The average days on market of 27 reflects a balanced pace, neither a frenzied seller's market nor a slow one. Transit access is a practical strength of Alderwood. The neighbourhood sits close to the Gardiner Expressway and the Queen Elizabeth Way (QEW), making car commutes to downtown Toronto and surrounding communities in the Greater Toronto Area straightforward. The Long Branch GO station on the Lakeshore West line provides rail access to Union Station. TTC surface routes along Lake Shore Boulevard connect residents to the broader transit network, though the area is best suited to those comfortable relying on a car for daily errands. For dining and shopping, residents have access to a range of casual eateries, neighbourhood pubs, and independent food shops along Lake Shore Boulevard and the nearby commercial strips of New Toronto and Mimico. Grocery options, pharmacies, and everyday retail are within a short drive or transit ride. Outdoor life in Alderwood centres on Marie Curtis Park, which sits along the Etobicoke Creek where it meets Lake Ontario. The park offers waterfront trails, picnic areas, a beach, and connections to the Waterfront Trail extending across the western Lake Ontario shoreline. The Etobicoke Creek trail system also provides a green corridor for walking and cycling north through Etobicoke. Alderwood draws primarily families and long-term homeowners who value the low-density character and relative affordability compared to central Toronto. Younger buyers priced out of Roncesvalles or Mimico have begun entering the market here, and a modest retiree population maintains deep roots in the neighbourhood. The demographic mix skews toward owner-occupied households, which contributes to the neighbourhood's maintained streetscapes and community stability.

Content generated with AI assistance based on local data sources.

Frequently Asked Questions

▶Is Alderwood a good neighbourhood for families in Toronto?

Yes. Alderwood's low-density housing stock, quiet residential streets, and proximity to Marie Curtis Park and the Etobicoke Creek trail system make it a practical choice for families. The neighbourhood has a stable, owner-occupied character that tends to support long-term community investment.

▶How do home prices in Alderwood compare to the rest of Toronto?

Alderwood is more affordable than most Toronto neighbourhoods. The current median sold price sits at $575,000, which is well below the Toronto-wide median for detached and semi-detached homes tracked by the Canadian Real Estate Association (CREA). Buyers typically get more lot size and living space per dollar here than in central or east-end Toronto.

▶What is the commute like from Alderwood to downtown Toronto?

Commuters have two main options. By car, the Gardiner Expressway and QEW provide direct access to downtown Toronto, though rush-hour congestion is a factor. By transit, the Long Branch GO station on the Lakeshore West line reaches Union Station in roughly 30 to 40 minutes, and TTC surface routes on Lake Shore Boulevard connect to the broader network.

▶What types of homes are available in Alderwood?

The majority of homes in Alderwood are post-war detached bungalows and single-family houses on 25 to 40 foot lots. Semi-detached properties and a smaller number of newer infill builds are also available. The neighbourhood has relatively little condo or high-rise development, which preserves its low-density residential character.