3-276 Lanor Avenue, Toronto, ON
Alderwood, Toronto · MLS® W14082346
About this home
In short
- MOVE-IN READY - SOUTH OF EVANS | Built by renowned Canadian developer Tera Vie Developments.
- The second floor features an open-concept gourmet chef's kitchen flowing seamlessly into a bright, spacious living area, a convenient two-piece powder room, and...
- Head up to the third floor where you'll find all three bedrooms, a dedicated den ideal for a home office or flex space, a spa-inspired primary ensuite, and an...
- Seamless connectivity to the Gardiner Expressway and Highway 427 ensures effortless travel, while premier shopping awaits at Sherway Gardens nearby.
MOVE-IN READY - SOUTH OF EVANS | Built by renowned Canadian developer Tera Vie Developments. Experience modern luxury in this sun-filled, custom-built home, now complete and ready to welcome you. As a newly constructed residence, it comes backed by full Tarion Warranty coverage - giving you peace of mind and protection on your investment for years to come. The second floor features an open-concept gourmet chef's kitchen flowing seamlessly into a bright, spacious living area, a convenient two-piece powder room, and access to your own private balcony - the perfect spot to soak in morning light. Head up to the third floor where you'll find all three bedrooms, a dedicated den ideal for a home office or flex space, a spa-inspired primary ensuite, and an additional four-piece bathroom for family and guests - plus a second private balcony to enjoy the open sky above the neighbourhood. One surface parking spot is included. Embrace an active lifestyle with nearby access to multiple parks, including the scenic Whimbrel Point, Colonel Samuel Smith Park, and Lakeshore Park. Perfect your swing at the prestigious Toronto Golf Club, just minutes from the Etobicoke Yacht Club. Seamless connectivity to the Gardiner Expressway and Highway 427 ensures effortless travel, while premier shopping awaits at Sherway Gardens nearby. Families will appreciate the convenience of nearby daycares, schools, and colleges. Commuting is a breeze with TTC and GO Transit just steps away.
Key facts
- Property type
- Condo Townhouse, 3-Storey
- MLS®
- W14082346
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 3 (1 half)
- Size
- 1600-1799 sq ft
- Cross streets
- Evans Ave & Bellman Ave
- Parking
- 1 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Other
- Foundation
- Concrete
- Roof
- Flat
- Maintenance
- $465/mo
- Exposure
- South
- Days on market
- 4
- Listing brokerage
- BIG CITY REALTY INC.
Rooms
open concept · large window · w/o to balcony
combined w/family · south view
large window · combined w/laundry · south view
large closet · east view
b/i appliances · centre island · north view
4 pc bath · b/i closet · south view
2 Pc Bath
4 pc ensuite · b/i closet · w/o to balcony
Listed at $999,000. Comparable closings put this home around $863K, so the ask is about 16% above what similar homes have sold for.
Total price vs nearby homes. Fair value about $863K, median of 10 comparables.
The market behind the math:
Price per square foot: this home lists at $588/sqft against an area asking average of $599/sqft.
How this estimate is builtthe short version
I take the 10 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 highlights3 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
- Primary suite: a key comfort and resale feature. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
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
Priced above comparable homes overall, but the price per square foot ($588/sqft) is in line with 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 10 comparable homes that sold in Alderwood over the past two years, from 12 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market. Homes like this one have recently closed around $863K, which is where my estimate comes from.
Per square foot, these ask about $664/sqft; this home lists at $588/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for condo townhouses in Toronto: $684K in September 2026, down 3% from a year ago, on 1,425 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $702K | 150 |
| November 2025 | $709K | 130 |
| December 2025 | $705K | 63 |
| January 2026 | $695K | 77 |
| February 2026 | $728K | 104 |
| March 2026 | $715K | 121 |
| April 2026 | $711K | 147 |
| May 2026 | $726K | 131 |
| June 2026 | $706K | 132 |
| July 2026 | $683K | 156 |
| August 2026 | $669K | 116 |
| September 2026 | $684K | 98 |
Neighbourhood & location
Alderwood, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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.
Also nearby: 6 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $799,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,419
- Estimated property tax
- $624
- Condo / maintenance fees
- $465
- Heating
- $0
- Estimated monthly cost
- $5,508
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
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
- $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.
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 numbersThe last 5 whole-home leases in Alderwood signed at a median of $3,750 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,825. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BIG CITY REALTY INC.. MLS®/PropTx.