19 Putney Road, Toronto, ON

Alderwood, Toronto · MLS® W12982740

$2,890,000
For Sale
Listed 103 days ago
5Bedrooms
5Bathrooms
1Garage · 2 parking
2500-3000Sq Ft

About this home

Modern Custom-Built Home in the Heart of Alderwood-2900 + sq ft of luxury living above grade | 4 Bedrooms | 5 Bathrooms | Finished Lower Level | Tarion Registered. Discover this stunning, newly built modern residence that masterfully combines craftsmanship, attention to detail, and functional design. Nestled on one of Alderwood's most sought-after family-friendly streets - Putney Road - this exceptional home sits on a 40 x 125 ft south-facing lot with both Public and Catholic school options. The open-concept main level features expansive windows that flood the space with natural light. A private office, custom built-ins, and a cozy gas fireplace anchor the living and dining areas. The gourmet kitchen boasts a large island, Jennair appliances, a walk-in pantry, and direct walk-out access to the rear deck - perfect for entertaining. A functional mudroom connects to the oversized single garage, designed to accommodate a car lift. Upstairs, you'll find 4 spacious bedrooms, each with custom built-ins, and a laundry room with an LG stackable washer/dryer. Abundant natural light streams in through large windows and 4 skylights. The primary suite offers a serene retreat with a private balcony overlooking lush, tree-lined views, a spa-inspired ensuite with a steam shower, and a walk-in closet complete with custom cabinetry. The finished lower level includes a nanny's suite/playroom, bathroom, secondary laundry (no appliances), kitchen rough-in and a large recreation room with a gas fireplace. Additional features include a high-efficiency 2 stage furnace with steam humidifier, ERV, radiant heat rough-in, and a walk-up to the beautifully landscaped private rear yard. Ideally located just minutes from schools, Mimico Creek Trail, parks, Lake Ontario, Long Branch GO Station, Sherway Gardens, and major highways (QEW & 427). **Staged images have been AI-generated and are for illustrative purposes only.

Key facts

Property type
Detached, 2-Storey
MLS®
W12982740
Bedrooms
5 (4 + 1)
Bathrooms
5 (1 half)
Size
2500-3000
Lot
40 × 125 ft
Cross streets
Westhead Road and Putney
Parking
1 garage · 2 parking (attached)
Basement
Finished, Walk-Up
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Foundation
Poured Concrete
Roof
Membrane
Sewer
Sewer
Property tax
$3,967 / 2026
Days on market
103
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Primary BedroomSecond4.80 × 5.78 m

6 pc ensuite · b/i closet · w/o to balcony

Living RoomGround5.05 × 4.50 m

gas fireplace · open concept · w/o to deck

LaundrySecond2.13 × 1.55 m

b/i appliances · laundry sink · tile floor

Bedroom 3Second3.83 × 3.85 m

hardwood floor · b/i closet · large window

LaundryBasement2.40 × 1.55 m

laundry sink · tile floor

BedroomBasement4.10 × 2.61 m

large window · closet · laminate

KitchenGround4.00 × 4.47 m

centre island · b/i appliances · pantry

Bedroom 2Second4.09 × 3.21 m

3 pc ensuite · b/i closet · hardwood floor

RecreationBasement6.26 × 4.50 m

gas fireplace · open concept · walk-up

Dining RoomGround2.91 × 3.29 m

open concept · combined w/living · hardwood floor

Exercise RoomBasement4.97 × 4.24 m

combined w/rec · open concept · large window

Bedroom 4Second3.80 × 3.50 m

hardwood floor · b/i closet · large window

OfficeGround4.10 × 2.61 m

glass doors · large window · overlooks frontyard

Moe’s TakeTeam Asgarian · Broker
Above comparables
$2.47Mest. value

Listed at $2,890,000, this home is about 17% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

In Alderwood lately, sellers have been getting about 101% of asking and homes sell in about 18 days. Prices are down 3% versus a year ago.

Based on 89 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 89 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $880K, lower than the comparables and worth a second look.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, sold for $1.87M
  • Bedrooms −$30K
  • Adjusts to $1.84M

That comparable adjusts to $1.84M; the $2.47M estimate above is the median of all 89 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

Its public catchment (Sir Adam Beck Junior School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

List price
$2.19MGreat deal$2.89MOverpriced

Total price vs nearby homes. Fair value about $2.47M, median of 89 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Heated floors: comfort and a premium-finish signal. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$2.27Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

147 Norton Avenue$3.00M24 Abbotsford Road$2.80M51 Greenfield Drive$2.70M3686 Ellesmere Road$1.60M10 Stepping Stone Trail$1.25M

The 5 closest active listings nearby.

See all comparable homes
2.89MThis home3.00M2.80M2.70M1.60M1.25MThis home vs active comparables
Live market pulseActive comparables in Alderwood · median list $1.90M
$1,051this home / sqft
8active listings nearby
103days on market
19sold nearby · 90 days
$1.20Mmedian sold price
101%of asking, on average
3%vs a year ago

This home lists 37% above the area average of $766/sqft.

102 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Alderwood, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Eringate-Centennial-West Deane
$1000K
Bedford Park-Nortown
$4.46M
East York
$925K
Willowdale West
$2.10M
Willowdale East
$3.00M

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Sir Adam Beck Junior School
86%
Sir Adam Beck Junior SchoolPublic · Elementary · 0.5 km awayHigher-rated than most nearby · 86% meet the provincial standard

Affordability & Mortgage

Affordability
$13,172/mo
$510KIncome needed
5.7×Price ÷ income
$3,040Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

98%mortgage
Mortgage $13,172Property tax $331Total carry $13,502

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$12,338per month

Mortgage amount $2,312,000 · 4.14% over 25 years

$578,000Down payment (20.0%)
$2,312,000Loan before insurance
$0CMHC premium
$12,668Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,338
Property tax
$331
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,668

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$58,725
Toronto municipal land transfer tax
$58,725
Estimated closing costs
$117,450

Plus your down payment of $578,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$14,985/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$1,389,307Total interest paid
$3,701,307Total of all payments
Principal $2,312,000 Interest $1,389,307
YearPrincipalInterestBalance
1$54,162$93,890$2,257,838
2$56,428$91,625$2,201,410
3$58,788$89,264$2,142,622
4$61,247$86,805$2,081,375
5$63,809$84,243$2,017,566
6$66,478$81,574$1,951,088
7$69,259$78,794$1,881,830
8$72,156$75,897$1,809,674
9$75,174$72,879$1,734,501
10$78,318$69,734$1,656,182
11$81,594$66,458$1,574,588
12$85,007$63,045$1,489,581
13$88,563$59,490$1,401,019
14$92,267$55,785$1,308,752
15$96,127$51,926$1,212,625
16$100,147$47,905$1,112,478
17$104,336$43,716$1,008,141
18$108,701$39,352$899,441
19$113,247$34,805$786,193
20$117,984$30,068$668,209
21$122,919$25,133$545,289
22$128,061$19,991$417,228
23$133,418$14,635$283,811
24$138,998$9,054$144,812
25$144,812$3,240$0

At the end of your 5-year term

Total paid over the term
$740,261
Principal paid down
$294,434
Interest paid
$445,828
Balance remaining
$2,017,566

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$5,250/mo
$63,000Gross annual rent
1.8%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

2.2%
Gross yield
− Property tax $3,967− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $50,703

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

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