1-276 Lanor Avenue, Toronto, ON

Alderwood, Toronto · MLS® W13475248

$1,095,000
For Sale
Listed 25 days ago
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3Bedrooms
3Bathrooms
1Parking
1400-1599Sq Ft

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 main floor features an open-concept gourmet chef's kitchen flowing seamlessly into a spacious living area, a convenient two-piece powder room, and soaring 9-foot ceilings designed for bright, comfortable everyday living. Head to the lower level where you'll find all three bedrooms, including a primary suite with a spa-inspired ensuite, plus an additional four-piece bathroom for family and guests - all with 8.5-foot ceilings for a cozy, private feel. Step outside to your own private backyard - a rare and coveted feature, perfect for morning coffee, summer evenings, or simply having your own outdoor retreat. 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, Multi-Level
MLS®
W13475248
Bedrooms
3
Bathrooms
3 (1 half)
Size
1400-1599
Cross streets
Evans Ave & Bellman Ave
Parking
1 parking
Basement
Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Other
Foundation
Concrete
Roof
Flat
Maintenance
$408/mo
Exposure
South
Days on market
25
Listing brokerage
BIG CITY REALTY INC.

Rooms

Bedroom 2Lower3.05 × 3.38 m

4 pc bath · double closet · west view

Dining RoomMain4.60 × 2.47 m

open concept · nw view · overlooks backyard

Bedroom 3Lower2.93 × 2.77 m

combined w/laundry · large window

Primary BedroomLower3.51 × 3.47 m

4 pc ensuite · b/i closet · closet organizers

KitchenMain4.60 × 2.56 m

b/i appliances · centre island · w/o to deck

Living RoomMain4.51 × 4.21 m

combined w/family · west view

Powder RoomMain1.52 × 0.88 m

2 Pc Bath

Moe’s TakeTeam Asgarian · Broker
Above the wider set
$849Kest. value

Listed at $1,095,000, this home is tracking about 29% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 80 similar homes nearby, adjusted for size, beds, and baths.Median of 80 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 $799K
  • Bedrooms −$30K
  • Adjusts to $769K

That comparable adjusts to $769K; the $849K estimate above is the median of all 80 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.

List price
$732KGreat deal$1.09MOverpriced

Total price vs nearby homes. Fair value about $849K, median of 80 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.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Value driver
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$623kavg asking

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

TH17-10 Brin Drive$795k184-6448 Finch Avenue$650k36-100 Burrows Hall Boulevard$549k159-50 Scarborough Golf Club Road$500k

The 4 closest active listings nearby.

See all comparable homes
1.09MThis home795k650k549k500kThis home vs active comparables
Live market pulseActive comparables in Toronto · median list $699K
$730this home / sqft
83active listings nearby
25days on market

This home lists 26% above the area average of $581/sqft.

22 days longer than the Toronto average (3 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.

Getting around

56/ 100

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

20+ transit stops2 grocery20+ dining7 parks8 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

New Toronto
$780K
Islington-City Centre West
$849K
Niagara
$559K
Humbermede
$509K
Willowdale East
$799K

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 Lanor Junior Middle School
79%
Lanor Junior Middle SchoolPublic · Elementary · 1.0 km awayAbove the GTA average · 79% meet the provincial standard

Affordability & Mortgage

Affordability
$4,991/mo
$224KIncome needed
4.9×Price ÷ income
$1,152Weekly 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.

82%mortgage
Mortgage $4,991Property tax $684Condo fee $408Total carry $6,083

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,675per month

Mortgage amount $876,000 · 4.14% over 25 years

$219,000Down payment (20.0%)
$876,000Loan before insurance
$0CMHC premium
$5,767Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,675
Property tax
$684
Condo / maintenance fees
$408
Heating
$0
Estimated monthly cost
$5,767

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

One-time closing costs

Ontario land transfer tax
$18,375
Toronto municipal land transfer tax
$18,375
Estimated closing costs
$36,750

Plus your down payment of $219,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,678/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

$526,398Total interest paid
$1,402,398Total of all payments
Principal $876,000 Interest $526,398
YearPrincipalInterestBalance
1$20,522$35,574$855,478
2$21,380$34,716$834,098
3$22,274$33,822$811,824
4$23,206$32,890$788,618
5$24,177$31,919$764,441
6$25,188$30,908$739,253
7$26,242$29,854$713,012
8$27,339$28,757$685,672
9$28,483$27,613$657,190
10$29,674$26,422$627,515
11$30,915$25,181$596,600
12$32,209$23,887$564,392
13$33,556$22,540$530,836
14$34,959$21,137$495,876
15$36,422$19,674$459,455
16$37,945$18,151$421,510
17$39,532$16,564$381,977
18$41,186$14,910$340,791
19$42,909$13,187$297,883
20$44,703$11,393$253,179
21$46,573$9,523$206,606
22$48,521$7,575$158,085
23$50,551$5,545$107,534
24$52,665$3,430$54,868
25$54,868$1,228$0

At the end of your 5-year term

Total paid over the term
$280,480
Principal paid down
$111,559
Interest paid
$168,921
Balance remaining
$764,441

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$4,750/mo
$57,000Gross annual rent
3.4%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.

5.2%
Gross yield
− Property tax $7,665− Condo fees $4,896− Insurance $600− Vacancy & upkeep $6,270Net operating income $37,569

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

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