216 Aldercrest Road, Toronto, ON
Alderwood, Toronto · MLS® W13562912
About this home
**Fully Smart Home with Automation** A stunning contemporary custom built home on a desirable street in Alderwood. Built in 2021, this home features exceptional style and craftsmanship with no expenses spared- move in and enjoy. 2124 square feet of above grade luxury. Large Aluminum windows throughout the home including a custom 2 panel door that walks out to deck/yard. The main floor features white oak hardwood flooring throughout, designer powder room, raised (above garage) separate dining or family room, glass railings and custom *Mono Beam with floating stairs. The kitchen/living area features *12 foot cove ceilings with integrated LED lighting*, custom millwork and cabinetry with quartz counters and backsplash and integrated Jenn-Air appliances. The upper level features 3 bedrooms, all featuring it's own and separate washrooms (see floorplan). The primary bedroom features a stunning 5-piece ensuite with large ceramic slab heated floor with acrylic tub and curbless shower + a custom walk-in closet with dual tinted-glass doors. Large windows throughout the upper level including 2 skylights and large laundry closet with sink. The lower level is equipped with heated luxury vinyl flooring throughout, 9 foot ceilings, and full home theatre with surround sound, 2 piece washroom, large closets and large storage area/mechanical room showcasing the level of building quality. Cold room with sump-pump. This home features custom built-in closets on every level, *Hunter Douglas motorized blinds throughout, *built-in audio speakers on main floor, primary bed & bath and outside deck* 200 amp service, EV car charge ready, Back-up generator ready, smart switches, recessed LED lighting and more. Fully insulated garage with heated floors fits one car + park 2 cars on driveway. Stone walkway and patio. Large composite deck with glass railing overlooking the large/clean yard with Large mature tree. Integrated/waterproofed storage under deck + fully fenced yard + more!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13562912
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 5 (1 half)
- Size
- 2000-2500
- Lot
- 25 × 127.76 ft
- Cross streets
- Brown's Line/Valermo Drive
- Parking
- 1 garage · 3 parking (built-in)
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $8,408 / 2025
- Days on market
- 3
- Listing brokerage
- RE/MAX PROFESSIONALS INC.
Listed at $1,899,900, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.
Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.49M, higher 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 $1.50M
- Bedrooms −$30K
- Adjusts to $1.47M
That comparable adjusts to $1.47M; the $1.49M 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, this is a very walkable address with everyday errands close by. Brown's Line at Valermo Dr is about a 5-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.49M, 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.
- Heated floors: comfort and a premium-finish signal.
- Primary suite: a key comfort and resale feature.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 3% above the area average of $819/sqft.
2 days longer than the Toronto average (1 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
Very 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.
Most daily errands can be done on foot.
🚉 Nearest transit: Brown's Line at Valermo Dr, about 437 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 $1,519,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,111
- Property tax
- $701
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,812
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $34,473
- Toronto municipal land transfer tax
- $34,473
- Estimated closing costs
- $68,946
Plus your down payment of $379,980. 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
- $486,651
- Principal paid down
- $193,562
- Interest paid
- $293,089
- Balance remaining
- $1,326,358
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 RE/MAX PROFESSIONALS INC.. MLS®/PropTx.