2 Foch Avenue, Toronto, ON

Alderwood, Toronto · MLS® W13754582

$999,999
For Sale
Listed 41 days agoNo offer date statedSitting longer than typical
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3Bedrooms
1Bathrooms
3Parking
1100-1500Sq ft

About this home

In short

  • A cottage in the city with the GO Train quite literally next door.
  • Inside, you'll also find a bright renovated kitchen with quartz countertops, gas range and stainless steel appliances, an updated 4-piece bathroom, hardwood floors...
  • Step outside to a private backyard with no rear neighbours, a large south-facing second-floor terrace and parking for three vehicles.
  • Marie Curtis Park, the beach, Lake Ontario and waterfront trails are approximately a 10-minute walk away, with Lakeshore's shops, cafés and restaurants close by.

A cottage in the city with the GO Train quite literally next door. Tucked among mature trees and lush greenery, this detached home offers a peaceful setting that feels worlds away from Toronto, yet Long Branch GO Station puts downtown just minutes away. The home has been thoughtfully updated throughout, including a newly fully waterproofed basement with a lifetime warranty, featuring carbon fibre foundation reinforcement strips for added structural stability and peace of mind. Inside, you'll also find a bright renovated kitchen with quartz countertops, gas range and stainless steel appliances, an updated 4-piece bathroom, hardwood floors, pot lights and a beautiful wood staircase. Step outside to a private backyard with no rear neighbours, a large south-facing second-floor terrace and parking for three vehicles. Marie Curtis Park, the beach, Lake Ontario and waterfront trails are approximately a 10-minute walk away, with Lakeshore's shops, cafés and restaurants close by. Spend the afternoon surrounded by nature, then hop on the GO Train for dinner, a concert or a game downtown. City convenience without giving up the space, privacy and character that make this home feel like an escape.

Key facts

Property type
Detached, 1 1/2 Storey
MLS®
W13754582
Bedrooms
3
Bathrooms
1
Size
1100-1500 sq ft
Lot
33.29 × 125.18 ft
Cross streets
Browns Line & Lake Shore Blvd W
Parking
3 parking
Driveway
Private Double
Basement
Partial Basement, Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Vinyl Siding
Foundation
Unknown
Roof
Shingles
Sewer
Sewer
Property tax
$3,514 / 2026
Days on market
41
Listing brokerage
NEW ERA REAL ESTATE

Rooms

Living RoomGround3.48 × 4.62 m
KitchenGround5.54 × 3.02 m
Dining RoomGround3.48 × 3.68 m
Bedroom 3Second3.00 × 3.53 m
Primary BedroomGround3.45 × 3.48 m
FoyerGround0.00 × 0.00 m
Bedroom 2Second3.00 × 3.58 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$978Klikely sale price

Listed at $999,999. Going by how homes in Alderwood and the wider GTA have actually closed against their asking prices (about 98%, 17 local closings in 90 days), the likely sale price is near $978K, if it sells. A realistic range is $916K to $1.10M.

Independent value check: $865K. Without looking at the asking price, our model values the home itself about 14% below the ask (homes like it typically land between $810K and $906K).

Why $865K. The typical detached home sold in Alderwood over the past year went for about $1.10M (80 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $3,514 a year; the typical home sold here pays about $4,900.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▼ Lowers it3 bedrooms and 1 baths, against 3+1 and 2 typically.

Longer on the market than typical. 41 days on the market against about 24 for homes like it here, and asking 16% above where comparable closings put it.

List price
$916KBelow recent closings$1.10MAbove recent closings

Total price vs nearby homes. Likely closing about $978K, from 17 recent closings in this pocket.

The market behind the math:

17sold nearby · 90 days
$1.31Mmedian sold price
97%of asking, on average
+18%prices vs a year ago
~24 dayshomes like this take to sell
41days on market so far
$3,667/moest. rent · 37 leases
4.4%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.8 months of inventory: 16 detached homes for sale in the area against 17 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $769/sqft against an area asking average of $965/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 17 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $821K. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can 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
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit

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

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($769/sqft) is below the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Alderwood, so I widened the search to the surrounding area.

Based on 17 comparable homes that sold in Alderwood over the past two years, from 173 closings there.

What sellers nearby are askingCurrently listed nearby in Alderwood · asking prices
$974kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $865K, which is where my estimate comes from.

Per square foot, these ask about $997/sqft; this home lists at $769/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1000kThis home999k1.10M899k899kThis home vs active comparables

Sold price trend

Median sold price for detached homes in Alderwood: $1.55M in August 2026, down 2% from a year ago, on 69 closings in 9 months.

Oct 25Aug 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.46M9
November 2025$1.07M6
February 2026$1.13M9
March 2026$1.00M5
April 2026$1.07M6
May 2026$960K9
June 2026$1.04M12
July 2026$1.07M6
August 2026$1.55M7

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.

Stonegate-Queensway
$2.25M
Islington-City Centre West
$1.54M
Dovercourt-Wallace Emerson-Junction
$1.25M
Leaside
$2.15M
Woodbine-Lumsden
$949K

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 · 1.0 km awayHigher-rated than most nearby · 86% meet the provincial standard
Also nearby: 5 more schools within 2.5 km
St Josaphat Catholic School · Catholic elementary0.3 km · 45% at standard
James S Bell Junior Middle School · Public elementary1.2 km · 70% at standard
Twentieth Street Junior School · Public elementary2.1 km · 70% at standard
The Holy Trinity Catholic School · Catholic elementary2.3 km · 82% at standard
Father John Redmond Catholic Secondary School · Catholic secondary2.3 km · 84% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$4,558/mo
$186KIncome needed
5.4×Price ÷ income
$1,052Weekly cost
$32,950Land transfer tax, one-time (Ontario + Toronto)
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.

94%mortgage
Mortgage $4,558Property tax $293Total carry $4,851

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,423per month

Mortgage amount $799,999 · 4.49% over 25 years

$200,000Down payment (20.0%)
$799,999Loan before insurance
$0CMHC premium
$4,716Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,423
Property tax
$293
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,716

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

One-time closing costs

Ontario land transfer tax
$16,475
Toronto municipal land transfer tax
$16,475
Estimated closing costs
$32,950

Plus your down payment of $200,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,354/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

$527,001Total interest paid
$1,327,000Total of all payments
Principal $799,999 Interest $527,001
YearPrincipalInterestBalance
1$17,853$35,227$782,147
2$18,663$34,417$763,483
3$19,511$33,569$743,973
4$20,396$32,684$723,577
5$21,322$31,758$702,254
6$22,291$30,789$679,963
7$23,303$29,777$656,661
8$24,361$28,719$632,300
9$25,467$27,613$606,833
10$26,623$26,457$580,210
11$27,832$25,248$552,378
12$29,096$23,984$523,283
13$30,417$22,663$492,866
14$31,798$21,282$461,069
15$33,241$19,839$427,827
16$34,751$18,329$393,076
17$36,328$16,751$356,748
18$37,978$15,102$318,770
19$39,702$13,378$279,068
20$41,505$11,575$237,563
21$43,389$9,691$194,173
22$45,359$7,720$148,814
23$47,419$5,661$101,395
24$49,572$3,508$51,823
25$51,823$1,257$0

At the end of your 5-year term

Total paid over the term
$265,400
Principal paid down
$97,745
Interest paid
$167,655
Balance remaining
$702,254

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
From 37 whole-home leases in Alderwood$3,667/mo
$44,004Gross annual rent
3.4%Cap rate after taxes and upkeep
$3,124 to $4,086Typical rent range
~44 daysTo find a tenant, on average

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

Talk about the numbers

The last 37 whole-home leases in Alderwood signed at a median of $3,279 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,667. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

4.4%
Gross yield
− Property tax $3,514− Insurance $1,400− Vacancy & upkeep $4,840Net operating income $34,249

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of NEW ERA REAL ESTATE. MLS®/PropTx.

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