14 Heslop Drive, Toronto, ON

Alderwood, Toronto · MLS® W13858768

$1,099,900
For Sale
Listed 16 days agoNo offer date stated
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3Bedrooms
2Bathrooms
1Garage · 5 parking
700-1100Sq ft

About this home

In short

  • Welcome to this beautifully renovated 1 1/2-storey home featuring a spacious second-floor dormer addition, ideally located in the highly desirable Alderwood West...
  • The updated kitchen boasts stainless steel appliances and modern finishes, while the separate dining room offers a walk-out to a rear deck overlooking a generous...
  • Renovated bathrooms add style and convenience throughout the home.

Welcome to this beautifully renovated 1 1/2-storey home featuring a spacious second-floor dormer addition, ideally located in the highly desirable Alderwood West community. The updated kitchen boasts stainless steel appliances and modern finishes, while the separate dining room offers a walk-out to a rear deck overlooking a generous pie-shaped lot-perfect for entertaining or relaxing outdoors. The second level features three well-appointed bedrooms, providing comfortable family living. Renovated bathrooms add style and convenience throughout the home. Enjoy an exceptional location just steps from schools, the library, parks, trails, public transit, GO Transit, and shopping. Commuters will appreciate the easy access to major highways, the airport, and downtown Toronto. Move-in ready and waiting for you to call it home!

Key facts

Property type
Detached, 1 1/2 Storey
MLS®
W13858768
Bedrooms
3
Bathrooms
2
Size
700-1100 sq ft
Lot
31 × 118 ft
Cross streets
Browns Line/Horner
Parking
1 garage · 5 parking (detached)
Driveway
Private
Basement
Full, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Block
Roof
Shingles
Sewer
Sewer
Property tax
$5,179 / 2026
Days on market
16
Listing brokerage
ROYAL LEPAGE PORRITT REAL ESTATE

Rooms

BedroomSecond3.68 × 2.93 m

broadloom · closet

KitchenMain5.64 × 2.55 m

renovated · l-shaped room · eat-in kitchen

Dining RoomMain3.07 × 3.55 m

w/o to deck · separate room · hardwood floor

BedroomSecond2.48 × 4.21 m

broadloom · closet

BedroomSecond2.92 × 3.15 m

broadloom · closet

RecreationBasement3.22 × 7.25 m

laminate · wet bar

Living RoomMain3.55 × 5.14 m

Hardwood Floor

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.08Mlikely sale price

Listed at $1,099,900. 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 $1.08M, if it sells. A realistic range is $1.01M to $1.21M.

Independent value check: $1.10M. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $1.03M and $1.16M).

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

  • ▼ Lowers itIt is 700 to 1,100 sq ft; the typical home sold here is 1,100 to 1,500.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $5,179 a year; the typical home sold here pays about $4,900.
List price
$1.01MBelow recent closings$1.21MAbove recent closings

Total price vs nearby homes. Likely closing about $1.08M, 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
16days on market so far
$3,133/moest. rent · 37 leases
3.4%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 $1,222/sqft against an area asking average of $937/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 $991K. 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
  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. 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

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

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
$949kavg 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 $1.10M, which is where my estimate comes from.

Per square foot, these ask about $884/sqft; this home lists at $1,222/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.10MThis home899k999k899k1000kThis 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
St. Andrew-Windfields
$4.10M

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 · 0.2 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 elementary1.9 km · 70% at standard

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

Affordability & Mortgage

Affordability
$5,013/mo
$208KIncome needed
5.3×Price ÷ income
$1,157Weekly cost
$36,946Land 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.

92%mortgage
Mortgage $5,013Property tax $432Total carry $5,445

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,865per month

Mortgage amount $879,920 · 4.49% over 25 years

$219,980Down payment (20.0%)
$879,920Loan before insurance
$0CMHC premium
$5,297Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,865
Property tax
$432
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,297

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

One-time closing costs

Ontario land transfer tax
$18,473
Toronto municipal land transfer tax
$18,473
Estimated closing costs
$36,946

Plus your down payment of $219,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,889/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

$579,649Total interest paid
$1,459,569Total of all payments
Principal $879,920 Interest $579,649
YearPrincipalInterestBalance
1$19,636$38,747$860,284
2$20,528$37,855$839,756
3$21,460$36,923$818,297
4$22,434$35,949$795,863
5$23,453$34,930$772,410
6$24,517$33,865$747,893
7$25,631$32,752$722,262
8$26,794$31,588$695,468
9$28,011$30,372$667,457
10$29,283$29,100$638,174
11$30,612$27,770$607,562
12$32,002$26,381$575,559
13$33,455$24,927$542,104
14$34,974$23,408$507,130
15$36,562$21,821$470,568
16$38,222$20,160$432,345
17$39,958$18,425$392,387
18$41,772$16,611$350,615
19$43,669$14,714$306,947
20$45,651$12,731$261,296
21$47,724$10,659$213,571
22$49,891$8,492$163,680
23$52,156$6,227$111,524
24$54,524$3,858$57,000
25$57,000$1,383$0

At the end of your 5-year term

Total paid over the term
$291,914
Principal paid down
$107,510
Interest paid
$184,404
Balance remaining
$772,410

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$3,133/mo
$37,596Gross annual rent
2.4%Cap rate after taxes and upkeep
$2,634 to $3,447Typical 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 $3,114 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,133. 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.

3.4%
Gross yield
− Property tax $5,179− Insurance $1,400− Vacancy & upkeep $4,136Net operating income $26,881

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

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