11 Chelsea Drive, Toronto, ON

Alderwood, Toronto · MLS® W13840664

$999,000
For Sale
Listed 20 days agoNo offer date stated
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3Bedrooms
2Bathrooms
1Garage · 5 parking
1100-1500Sq ft

About this home

In short

  • Tucked into a quiet cul-de-sac, this 3-bedroom, 2-bath 1-storey sits on a generous lot and offers real potential-whether you're looking to move in, renovate, or build...
  • Inside, two spacious bedrooms upstairs feature original hardwood that brings warmth and character you just can't replicate.
  • Parking is a standout: a private drive for four plus a detached one-car garage-5 cars...
  • Live everyone's dream of easy daily drop-offs-just a two-minute walk to the local French and English program school, part of the Alderwood Centre alongside the...

Tucked into a quiet cul-de-sac, this 3-bedroom, 2-bath 1-storey sits on a generous lot and offers real potential-whether you're looking to move in, renovate, or build new. Set among wide, tree-lined streets, the neighbourhood is in the midst of transformation, with original homes being updated and striking new builds redefining the streetscape. Inside, two spacious bedrooms upstairs feature original hardwood that brings warmth and character you just can't replicate. Large windows fill each room with natural light, creating bright, inviting spaces throughout. On the main floor, the third bedroom just off the living room is framed by French doors-adding a touch of charm and flexibility. Parking is a standout: a private drive for four plus a detached one-car garage-5 cars... FIVE. All set on a lot that gives you room to think bigger.Enjoy a short walk to the trails of Etobicoke Creek and nearby baseball diamonds. Quick trips to Farm Boy and the shops and restaurants along Lakeshore make everyday living easy. Live everyone's dream of easy daily drop-offs-just a two-minute walk to the local French and English program school, part of the Alderwood Centre alongside the Toronto Public Library, Parks and Recreation, and Alderwood Action Daycare-creating a true hub for families in the neighbourhood. Long Branch GO and Toronto Golf Club are both just minutes away. Big lot, quiet setting, real upside-this is Alderwood at its best.

Key facts

Property type
Detached, 1 1/2 Storey
MLS®
W13840664
Bedrooms
3
Bathrooms
2
Size
1100-1500 sq ft
Lot
41 × 116.41 ft
Cross streets
Browns Line/Horner Ave
Parking
1 garage · 5 parking (detached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Slab, Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,087 / 2026
Days on market
20
Listing brokerage
SAGE REAL ESTATE LIMITED

Rooms

Bedroom 3Main3.60 × 3.10 m

window · closet · hardwood floor

RecreationBasement7.00 × 7.80 m

above grade window · closet

Living RoomMain3.50 × 5.30 m

combined w/kitchen · hardwood floor · gas fireplace

Bedroom 2Second3.10 × 3.10 m

hardwood floor · closet · window

Primary BedroomSecond3.50 × 3.60 m

hardwood floor · closet · window

KitchenMain5.50 × 2.40 m

b/i dishwasher · combined w/family · granite counters

Our TakeTeam Asgarian · Broker
A small discount is typical
$977Klikely sale price

Listed at $999,000. 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 $977K, if it sells. A realistic range is $916K to $1.10M.

Independent value check: $1.06M. Without looking at the asking price, our model values the home itself about 6% above the ask (homes like it typically land between $991K and $1.11M).

Why $1.06M. The typical detached home sold in Alderwood over the past year went for about $1.10M (80 sales). On tax assessment, size, rooms and lot, this one is close to that typical home.

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

Total price vs nearby homes. Likely closing about $977K, 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
20days on market so far
$3,767/moest. rent · 39 leases
4.5%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 $768/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 $1.01M. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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

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 $1.06M, which is where my estimate comes from.

Per square foot, these ask about $997/sqft; this home lists at $768/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
999kThis home899k1.10M1000k899kThis 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.

Islington-City Centre West
$1.54M
Stonegate-Queensway
$2.25M
Dovercourt-Wallace Emerson-Junction
$1.25M
Leaside
$2.15M
Banbury-Don Mills
$5.50M

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 · 0.3 km awayHigher-rated than most nearby · 86% meet the provincial standard
Also nearby: 2 more schools within 2.5 km
St Josaphat Catholic School · Catholic elementary1.4 km · 45% at standard
James S Bell Junior Middle School · Public elementary2.0 km · 70% at standard

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

Affordability & Mortgage

Affordability
$4,553/mo
$190KIncome needed
5.2×Price ÷ income
$1,051Weekly cost
$32,910Land 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.

91%mortgage
Mortgage $4,553Property tax $424Total carry $4,977

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)
$4,419per month

Mortgage amount $799,200 · 4.49% over 25 years

$199,800Down payment (20.0%)
$799,200Loan before insurance
$0CMHC premium
$4,843Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,419
Property tax
$424
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,843

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

One-time closing costs

Ontario land transfer tax
$16,455
Toronto municipal land transfer tax
$16,455
Estimated closing costs
$32,910

Plus your down payment of $199,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,348/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

$526,474Total interest paid
$1,325,674Total of all payments
Principal $799,200 Interest $526,474
YearPrincipalInterestBalance
1$17,835$35,192$781,365
2$18,645$34,382$762,721
3$19,491$33,536$743,230
4$20,376$32,651$722,854
5$21,301$31,726$701,553
6$22,268$30,759$679,284
7$23,279$29,748$656,005
8$24,336$28,691$631,668
9$25,441$27,586$606,227
10$26,596$26,430$579,631
11$27,804$25,223$551,827
12$29,066$23,960$522,760
13$30,386$22,641$492,374
14$31,766$21,261$460,608
15$33,208$19,819$427,400
16$34,716$18,311$392,684
17$36,292$16,735$356,392
18$37,940$15,087$318,452
19$39,663$13,364$278,789
20$41,463$11,563$237,325
21$43,346$9,681$193,979
22$45,314$7,713$148,665
23$47,372$5,655$101,294
24$49,522$3,504$51,771
25$51,771$1,256$0

At the end of your 5-year term

Total paid over the term
$265,135
Principal paid down
$97,647
Interest paid
$167,487
Balance remaining
$701,553

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 39 whole-home leases in Alderwood$3,767/mo
$45,204Gross annual rent
3.4%Cap rate after taxes and upkeep
$3,268 to $4,151Typical 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 39 whole-home leases in Alderwood signed at a median of $3,351 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,767. 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.

4.5%
Gross yield
− Property tax $5,087− Insurance $1,400− Vacancy & upkeep $4,972Net operating income $33,744

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

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