3-276 Lanor Avenue, Toronto, ON
Alderwood, Toronto · MLS® W13475208
About this home
MOVE-IN READY - SOUTH OF EVANS | Built by renowned Canadian developer Tera Vie Developments. Experience modern luxury in this sun-filled, custom-built home, now complete and ready to welcome you. As a newly constructed residence, it comes backed by full Tarion Warranty coverage - giving you peace of mind and protection on your investment for years to come. The second floor features an open-concept gourmet chef's kitchen flowing seamlessly into a bright, spacious living area, a convenient two-piece powder room, and access to your own private balcony - the perfect spot to soak in morning light. Head up to the third floor where you'll find all three bedrooms, a dedicated den ideal for a home office or flex space, a spa-inspired primary ensuite, and an additional four-piece bathroom for family and guests - plus a second private balcony to enjoy the open sky above the neighbourhood. One surface parking spot is included. Embrace an active lifestyle with nearby access to multiple parks, including the scenic Whimbrel Point, Colonel Samuel Smith Park, and Lakeshore Park. Perfect your swing at the prestigious Toronto Golf Club, just minutes from the Etobicoke Yacht Club. Seamless connectivity to the Gardiner Expressway and Highway 427 ensures effortless travel, while premier shopping awaits at Sherway Gardens nearby. Families will appreciate the convenience of nearby daycares, schools, and colleges. Commuting is a breeze with TTC and GO Transit just steps away.
Key facts
- Property type
- Condo Townhouse, 3-Storey
- MLS®
- W13475208
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 3 (1 half)
- Size
- 1600-1799
- Cross streets
- Evans Ave & Bellman Ave
- Parking
- 1 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Other
- Foundation
- Concrete
- Roof
- Flat
- Maintenance
- $465/mo
- Exposure
- South
- Days on market
- 25
- Listing brokerage
- BIG CITY REALTY INC.
Rooms
combined w/family · south view
large window · combined w/laundry · south view
4 pc bath · b/i closet · south view
open concept · large window · w/o to balcony
large closet · east view
Listed at $1,195,000, this home is about 31% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Alderwood, so I widened the search to the surrounding area.
Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths.
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, listed at $900K
- Bedrooms +$30K
- Adjusts to $930K
That comparable adjusts to $930K; the $910K estimate above is the median of all 7 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
The assigned public school is Lanor Junior Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Evans Ave at Bellman Ave East Side is about a 3-minute walk away.
Total price vs nearby homes. Fair value about $910K, median of 7 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.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Primary suite: a key comfort and resale feature.
- Open-concept layout: modern, sought-after flow.
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 25% above the area average of $561/sqft.
22 days longer than the Toronto average (3 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Alderwood, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Evans Ave at Bellman Ave East Side, about 248 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $956,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,102
- Property tax
- $747
- Condo / maintenance fees
- $465
- Heating
- $0
- Estimated monthly cost
- $6,313
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $20,375
- Toronto municipal land transfer tax
- $20,375
- Estimated closing costs
- $40,750
Plus your down payment of $239,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $306,094
- Principal paid down
- $121,747
- Interest paid
- $184,347
- Balance remaining
- $834,253
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BIG CITY REALTY INC.. MLS®/PropTx.