287 Valermo Drive, Toronto, ON
Alderwood, Toronto · MLS® W13552878
About this home
287 Valermo Drive presents a beautifully crafted custom semi-detached residence in one of South Etobicoke's most desirable and family-friendly neighbourhoods, surrounded by newly built luxury homes and known for its strong long-term value and community appeal.Designed with exceptional attention to quality and detail, this home offers a level of craftsmanship and comfort rarely found in semi-detached home. Striking 12-foot floor-to-ceiling windows flood the interior with natural light, creating a bright, elegant atmosphere throughout. Enjoyheated floors in the bathroom, generously sized rooms, and a thoughtfully designed open-concept layout tailored for modern family living.Themain level is both sophisticated and welcoming, highlighted by a custom chef's kitchen with built-in high-end appliances and premium cabinetry,seamlessly flowing into a spacious living and dining area ideal for entertaining or spending time with family.Upstairs, large bedrooms and acomfortable primary suite provide the perfect retreat for growing families. The fully finished lower level adds valuable living space, offering aversatile family room that can easily serve as a home theatre, gym, playroom, guest suite, or additional bedroom.Located close to top-ratedschools, parks, transit, major highways, shopping, and the Etobicoke waterfront, this home offers the perfect balance of luxury living andeveryday convenience.A rare opportunity for families to own a bright, custom-built home in one of South Etobicoke's most sought-afterneighbourhoods.
Key facts
- Property type
- Semi-Detached, 2-Storey
- MLS®
- W13552878
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 4 (1 half)
- Size
- 1500-2000
- Lot
- 25.75 × 100 ft
- Cross streets
- Evans and Brown's line
- Parking
- 1 garage · 2 parking (attached)
- Driveway
- Available
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster), Other
- Foundation
- Concrete
- Roof
- Flat
- Sewer
- Sewer
- Property tax
- $4,208 / 2025
- Days on market
- 6
- Listing brokerage
- RIGHT AT HOME REALTY
Rooms
3 pc bath · carpet free
window floor to ceiling · centre island · carpet free
large window · closet organizers
centre island · b/i appliances · combined w/dining
2 pc bath · w/o to balcony · window floor to ceiling
double closet · glass block window · 4 pc ensuite
4 pc bath · hardwood floor
Listed at $1,588,000, this home is about 14% 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 13 similar homes nearby, adjusted for size, beds, and baths.Median of 13 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $957K, lower than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
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 $899K
- Bedrooms +$30K
- Bathrooms −$15K
- Adjusts to $914K
That comparable adjusts to $914K; the $1.39M estimate above is the median of all 13 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. Horner Ave at Edilou Dr is about a 6-minute walk away.
Total price vs nearby homes. Fair value about $1.39M, median of 13 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.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Heated floors: comfort and a premium-finish signal.
- Open-concept layout: modern, sought-after flow.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- 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 18% above the area average of $766/sqft.
2 days longer than the Toronto average (4 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: Horner Ave at Edilou Dr, about 479 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
Homes over $1.5M can't be insured, so 20% down or more is required.
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 $1,270,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,779
- Property tax
- $351
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,130
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $28,235
- Toronto municipal land transfer tax
- $28,235
- Estimated closing costs
- $56,470
Plus your down payment of $317,600. 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
- $406,760
- Principal paid down
- $161,786
- Interest paid
- $244,974
- Balance remaining
- $1,108,614
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 RIGHT AT HOME REALTY. MLS®/PropTx.