157 Aldercrest Avenue, Toronto, ON

Alderwood, Toronto · MLS® W13906190

$1,799,000
For Sale
Listed 7 days agoNo offer date stated
3Bedrooms
5Bathrooms
1Garage · 3 parking
2000-2500Sq ft

About this home

In short

  • Stunning Custom-Built Executive Detached W 3 Bedrooms, 5 Baths & Unsurpassed Craftsmanship Thru-Out.
  • The Chef's Kitchen Is The True Showpiece W Custom-Made Two-Tone Flat Panel Cabinetry, Integrated Pantry Wall, Lit Glass Display Uppers, Under-Cabinet Lighting...
  • Open Concept Dining/Family Room W Fireplace Framed By Custom B/I Shelving & Good Sized Sliding Doors W/O To Large Deck Overlooking Deep, Private Backyard Making This...
  • Retreat To The Primary Suite W W/I Closet & Spa-Inspired 7-Pc Ensuite W Double Vanity, Modern Tub, Frameless Glass Shower W Rain Head, Book-Matched Tile & Skylight.
  • Close To Schools, Transit, Parks, Shopping & Major Highways.

Stunning Custom-Built Executive Detached W 3 Bedrooms, 5 Baths & Unsurpassed Craftsmanship Thru-Out! Nestled On A Quiet Street in Sought After Community of Alderwood, This Sleek Modern Residence Was Built W No Detail Overlooked. 9 Ft Ceilings On Main, 8'6" On 2nd & An Impressive 10'6" In The Lower Level. 3/4" Thick, 8" Wide Strip Plank Flooring, Caesarstone Counters W Beveled Edges, High-End Fixtures & Pot Lights Galore. Sun-Filled Living Room W Oversized Bay Window & Walk-out to Good Sized Deck. The Chef's Kitchen Is The True Showpiece W Custom-Made Two-Tone Flat Panel Cabinetry, Integrated Pantry Wall, Lit Glass Display Uppers, Under-Cabinet Lighting, Seamless Waterfall Island W Undermount Sink & Breakfast Seating, Full-Height B-splash & Stainless Appliances. Open Concept Dining/Family Room W Fireplace Framed By Custom B/I Shelving & Good Sized Sliding Doors W/O To Large Deck Overlooking Deep, Private Backyard Making This Space Great For Entertaining. Custom Staircase Leads To A Bright Upper Hall W Skylight. Retreat To The Primary Suite W W/I Closet & Spa-Inspired 7-Pc Ensuite W Double Vanity, Modern Tub, Frameless Glass Shower W Rain Head, Book-Matched Tile & Skylight. 2nd Bedroom W Its Own 4-Pc Ensuite, Good Sized 3rd Bedroom W Double Closet, 4-Pc Main Bath And Convenient 2nd Floor Laundry. Enter The Lower Level Includes A Separate Walk-Up Entrance, A Bright Rec Room W 2-Pc Bath, Addtl Laundry Room W Cabinetry, Sink & Hookups, Storage & Direct Access To Built-In Garage. Close To Schools, Transit, Parks, Shopping & Major Highways.

Key facts

Property type
Detached, 2-Storey
MLS®
W13906190
Bedrooms
3
Bathrooms
5 (2 half)
Size
2000-2500 sq ft
Lot
25 × 131.99 ft
Cross streets
Browns Line / Horner Ave
Parking
1 garage · 3 parking (built-in)
Driveway
Private
Basement
Finished, Walk-Up
Heating
Forced Air
A/C
Central Air
Exterior
Brick Front
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Days on market
7
Listing brokerage
RE/MAX WEST REALTY INC.

Rooms

RecreationBasement5.05 × 5.97 m

pot lights · walk-up · 2 pc bath

BedroomSecond4.98 × 4.45 m

hardwood floor · closet · window

BedroomSecond3.25 × 4.17 m

Hardwood Floor

BedroomSecond3.69 × 4.29 m

hardwood floor · 7 pc ensuite · walk-in closet(s)

KitchenMain4.52 × 4.52 m

hardwood floor · centre island · pot lights

Dining RoomMain5.61 × 4.37 m

hardwood floor · pot lights · combined w/kitchen

Living RoomMain4.42 × 8.38 m

hardwood floor · pot lights · combined w/kitchen

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.76Mlikely sale price

Listed at $1,799,000 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $1.76M, typically $1.65M to $1.98M. Comparable closings on their own put this home around $1.44M, about 20% below the ask.

List price
$1.65MBelow recent closings$1.98MAbove recent closings

Total price vs nearby homes. Likely closing about $1.76M, 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
7days on market so far
$4,933/moest. rent · 6 leases
3.3%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.9 months of inventory: 5 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 $800/sqft against an area asking average of $717/sqft.

  • Walk-up basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
How this estimate is builtthe short version

I take the 17 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call.

What the listing highlights5 points to weigh

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

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

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.

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
$1.75Mavg 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 $1.44M, which is where my estimate comes from.

Per square foot, these ask about $747/sqft; this home lists at $800/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.80MThis home1.90M1.30M1.50M2.30MThis 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 Lanor Junior Middle School
79%
Lanor Junior Middle SchoolPublic · Elementary · 0.8 km awayAbove the GTA average · 79% meet the provincial standard
Also nearby: 6 more schools within 2.5 km
Sir Adam Beck Junior School · Public elementary0.7 km · 86% at standard
James S Bell Junior Middle School · Public elementary1.4 km · 70% at standard
St Josaphat Catholic School · Catholic elementary1.6 km · 45% at standard
Twentieth Street Junior School · Public elementary1.7 km · 70% at standard
The Holy Trinity Catholic School · Catholic elementary2.0 km · 82% at standard
Father John Redmond Catholic Secondary School · Catholic secondary2.2 km · 84% at standard

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

Affordability & Mortgage

Affordability
$8,199/mo
$353KIncome needed
5.1×Price ÷ income
$1,892Weekly cost
$64,910Land 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.

88%mortgage
Mortgage $8,199Estimated property tax $1,124Total carry $9,324

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$7,958per month

Mortgage amount $1,439,200 · 4.49% over 25 years

$359,800Down payment (20.0%)
$1,439,200Loan before insurance
$0CMHC premium
$9,082Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,958
Estimated property tax
$1,124
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,082

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

One-time closing costs

Ontario land transfer tax
$32,455
Toronto municipal land transfer tax
$32,455
Estimated closing costs
$64,910

Plus your down payment of $359,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,631/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

$948,075Total interest paid
$2,387,275Total of all payments
Principal $1,439,200 Interest $948,075
YearPrincipalInterestBalance
1$32,117$63,374$1,407,083
2$33,575$61,916$1,373,508
3$35,099$60,392$1,338,409
4$36,693$58,798$1,301,715
5$38,359$57,132$1,263,356
6$40,101$55,390$1,223,256
7$41,922$53,569$1,181,334
8$43,825$51,666$1,137,509
9$45,815$49,676$1,091,694
10$47,895$47,596$1,043,799
11$50,070$45,421$993,730
12$52,343$43,148$941,387
13$54,720$40,771$886,667
14$57,204$38,287$829,463
15$59,801$35,690$769,662
16$62,517$32,974$707,145
17$65,355$30,136$641,790
18$68,322$27,169$573,468
19$71,425$24,066$502,043
20$74,667$20,824$427,376
21$78,058$17,433$349,318
22$81,602$13,889$267,716
23$85,307$10,184$182,409
24$89,180$6,311$93,229
25$93,229$2,262$0

At the end of your 5-year term

Total paid over the term
$477,455
Principal paid down
$175,844
Interest paid
$301,611
Balance remaining
$1,263,356

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 6 whole-home leases in Alderwood$4,933/mo
$59,196Gross annual rent
2.2%Cap rate after taxes and upkeep
$4,251 to $5,699Typical 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 6 whole-home leases in Alderwood signed at a median of $5,165 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,933. 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.

3.3%
Gross yield
− Property tax $12,593− Insurance $1,400− Vacancy & upkeep $6,512Net operating income $38,691

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX WEST REALTY INC.. MLS®/PropTx.

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