Alderwood Toronto Real Estate and Homes for Sale

Alderwood - Etobicoke

Cocooned in the south-western quadrant of Toronto, the community of Alderwood is a mature and tranquil residential neighborhood. Deriving its name from the municipality it was initially a part of, Etobicoke, Alderwood is a native word that means "the place where the alder trees grow." Alderwood real estate includes single-family homes, attached homes, and condos for sale.

•   AgeOld
•   Area Urban
•   AmenitiesCF Sherway
•   Commute12 mins DT
•   IncomeUpper Mid

| ALDERWOOD REAL ESTATE - TORONTO

Alderwood Real Estate Overview

Surrounding communities might be of interest as well:

• LONG BRANCH
• MIMICO
• NEW TORONTO

In 1998, the city of Etobicoke amalgamated with six other cities to form the GTA (Greater Toronto Area). Over the years, gradual development has slowly transformed the community of Alderwood. And today, the well-laid-out neighborhood consists mainly of low-rise single-family homes, a good sprinkling of parks, shops, and restaurant and well-established schools and a thriving community center.

While the neighborhood is bordered on the west and east by Etoboike Creek and the CPR Railway, the Gardiner Expressway and the CNR Railway flank the area on the north and south giving residents a good range of transit options. The southeast side of Alderwood is designated for manufacturing and warehousing businesses, including the Daimler-Chrysler casting plant.

Who Lives in Alderwood Homes

With many of its residents calling it home for decades, Alderwood is a tight-knit, family-friendly community where people are very familiar with each other.

According to Statistics Canada Census 2014, the average household income was $81,928, and the median age of the population was approximately 41 years. While over 54.56% of the population is of European origin, 21.97% of the population is of Asian descent, and 11.16% belong to other North American Origin. So, new homeowners experience a warm and friendly atmosphere in this ethnically diverse community people love calling home.

Alderwood Homes are Perfect For

As a family-oriented community, the neighborhood of Alderwood provides a haven perfect for growing families, seniors, and first-time homeowners. Delivering all the benefits of suburban living, the area also offers excellent access to the city center, thanks to Gardiner Expressway and 427 highway being in close proximity. It's an excellent place for young professionals, especially those who are looking for a more secure and serene landscape.

With robust after-school daycare programs like the privately-run daycare facility "Alderwood Action Alliance" at the Sir Adam Beck School, this well-established community prides itself in providing a sound support system to its residents.

Alderwood Homes are Not So Perfect For

With increasing urban real estate development transforming the economic landscape of the neighborhoods of Etobicoke, the old bungalow homes are gradually being replaced by multi-story dwellings. There is more traffic on the roads, but the residents hope the area will remain the same, small-town community where almost everyone knows each other by name.

Since Alderwood is over 17 km away from the Toronto city center, it might not be ideal for people working in the city looking for a quick, convenient commute to and from work.

Life, Style, Amenities and Things to Do in Alderwood

As with any well-positioned suburb, Alderwood offers its residents peaceful community living because it is situated a perfect distance away from the throbbing hub of urbanization. With a decent number of restaurants, recreational facilities, and conveniences, residents have a range of options practically at their doorstep.

The Etobicoke Valley Park is a 19.6-hectare park situated only two minutes from the community viz Brown's Line and Horner Avenue. Boasting four ball diamonds, a playground, an off-the-leash dog park, and seven scenic trails, it is the perfect backdrop for fun-filled family weekends. Plus, the Connorvale Park, which is a 5-hectare park that features a lit ball diamond, clubhouse, and a children's play area, is only three minutes away from Alderwood. And the Alderwood Memorial Park that includes a playground and expansive green spaces is even closer. So, there are plenty of opportunities for kids to spend blissful hours with their friends.

The Franklin Horner Community Centre, which has been serving residents of Alderwood and neighboring communities for over 30 years, provides an array of recreational, sporting, educational and leisure activities. From fitness classes, woodworking and fun day trips to art and craft and social get-togethers, the center organizes a range of programs designed for people of all ages.

The Sir Adam Beck Community Centre is a multi-recreational facility that extends a variety of outdoor camps for children. The outdoor rink provides hours of ice skating and hockey fun for residents of all ages. The Alderwood Centre features the Toronto Public Library, a fitness room and a 25-yard public pool where residents of all abilities can join a host of aquafit programs.

Golf enthusiasts in Alderwood have a range of popular courses to choose from. While the Toronto Golf Club and the Markland Wood Golf Club are a short drive away, the Lakeview Golf Course is still within easy reach of the community.

Alderwood also has a mix of popular pubs and bars, including Timothy's Pub, South Shore Bar & Grill and Southside Johnny's Bar and Grill. There are a host of restaurants and cafes in and around the area offering a variety of cuisines, including popular haunts like Feast of Dilli, V's Schnitzel House, Royal Myanmar, II Paseano Pizzeria & Restaurant, Burrito Boyz, Café Tutti, Morocco House and OBQ Burger.

Being such a family-oriented community, Alderwood has fabulous well-established educational institutions. The Sir Adam Beck Junior School, Lanor Junior Middle School, Douglas Park Junior School and Franklin Horner Middle School are all part of the public-school system and offer robust learning programs, from Kindergarten to Grade 6. For parents interested in a Catholic education system, the St Ambrose Catholic Elementary School has classes up to Grade 8. Students heading to highschool typically join Father John Redmond Catholic Secondary School, which is situated only seven minutes from Alderwood via Horner and Kipling Avenue.

The Alderwood Real Estate Housing Market

Alderwood real estate primarily constitutes single-family homes, a majority of which came up at the end of World War II. From 2001 to 2006, though, the rate of residential construction increased by 9.1%, the highest it's ever been since the 1960s. While about 41% of the addresses are rentals, 58% of the homes are owner-occupied, making the area an excellent option for real estate investors and homeowners alike.

While Alderwood single-family homes for sale have a price tag of anywhere from mid $500,000 to mid $700,000, more affluent addresses that are being built in place of smaller bungalows range from $800,000 to well over $1 million. So, there is a good range of real estate options to suit a variety of lifestyle requirements.

The good news is that even though real estate has appreciated over the last few years, rents in the area have remained pretty much the same. So, whether you are a first-time homeowner looking for a safe and tranquil community, or a solid investment, the Alderwood real estate market is unquestionably one of the best places to invest.

Surrounding communities might be of interest as well:

• LONG BRANCH
• MIMICO
• NEW TORONTO

  Wondering what your house, townhouse or condo resale property value might be? Looking at homes for sale in Alderwood to try and guess? Start your research with actual Alderwood real estate market statistics to accurately gauge your property's value. Contact top rated associate an experienced agent who knows the area to assist you with hard facts in the assessment of your Alderwood home.