63 Westhead Road, Toronto, ON

Alderwood, Toronto · MLS® W14089030

$1,049,000
For Sale
Listed 3 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
2Garage · 5 parking
700-1100Sq ft

About this home

In short

  • Solid brick bungalow situated on a quiet, desirable street in Alderwood.
  • Featuring an exceptionally large lot measuring approximately 40.52 x 138.79 x 40 x 140 ft, this property offers plenty of outdoor space and potential for a garden...
  • Originally a 3-bedroom home, the main floor has been converted to a spacious 2-bedroom layout, featuring a generously sized eat-in kitchen.
  • The nicely finished basement has good ceiling height and a large recreation room with a fireplace, an additional bedroom, and a 4-piece ensuite.

Solid brick bungalow situated on a quiet, desirable street in Alderwood! Featuring an exceptionally large lot measuring approximately 40.52 x 138.79 x 40 x 140 ft, this property offers plenty of outdoor space and potential for a garden suite build. The detached double-car garage provides additional storage and the possibility for an in-law suite. Originally a 3-bedroom home, the main floor has been converted to a spacious 2-bedroom layout, featuring a generously sized eat-in kitchen. The nicely finished basement has good ceiling height and a large recreation room with a fireplace, an additional bedroom, and a 4-piece ensuite. Ideally located just steps from Etobicoke Valley Park and the Etobicoke Creek Trail, with shops, restaurants, and everyday amenities nearby. A fantastic opportunity in a sought-after Alderwood neighbourhood!

Key facts

Property type
Detached, Bungalow
MLS®
W14089030
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
700-1100 sq ft
Lot
40.52 × 138.79 ft
Cross streets
Brown's Line & Evans
Parking
2 garage · 5 parking (detached)
Basement
Finished, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,757 / 2026
Days on market
3
Listing brokerage
SUTTON GROUP OLD MILL REALTY INC.

Rooms

Utility RoomBasement3.62 × 9.65 m
BedroomMain3.69 × 4.62 m

Hardwood Floor

Bedroom 3Basement3.87 × 3.54 m

4 Pc Ensuite

KitchenMain5.62 × 5.26 m

Eat-in Kitchen

Living RoomMain4.69 × 3.49 m

Hardwood Floor

RecreationBasement3.87 × 7.79 m

Fireplace

Bedroom 2Main2.80 × 3.17 m

Hardwood Floor

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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

What sellers nearby are askingCurrently listed nearby in Alderwood · asking prices
$1.01Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $1,119/sqft; this home lists at $1,166/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
1.05MThis home940k1.20M899k1.10M899kThis home vs active comparables

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
Leaside
$2.15M
Banbury-Don Mills
$5.50M
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 · 0.5 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 elementary1.7 km · 45% at standard
James S Bell Junior Middle School · Public elementary2.2 km · 70% at standard

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

Affordability & Mortgage

Affordability
$4,781/mo
$198KIncome needed
5.3×Price ÷ income
$1,103Weekly cost
$34,910Land 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.

92%mortgage
Mortgage $4,781Property tax $396Total carry $5,177

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)
$4,640per month

Mortgage amount $839,200 · 4.49% over 25 years

$209,800Down payment (20.0%)
$839,200Loan before insurance
$0CMHC premium
$5,036Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,640
Property tax
$396
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,036

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

One-time closing costs

Ontario land transfer tax
$17,455
Toronto municipal land transfer tax
$17,455
Estimated closing costs
$34,910

Plus your down payment of $209,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,616/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

$552,824Total interest paid
$1,392,024Total of all payments
Principal $839,200 Interest $552,824
YearPrincipalInterestBalance
1$18,727$36,954$820,473
2$19,578$36,103$800,895
3$20,467$35,214$780,428
4$21,396$34,285$759,033
5$22,367$33,314$736,665
6$23,383$32,298$713,282
7$24,445$31,236$688,838
8$25,554$30,127$663,283
9$26,715$28,966$636,569
10$27,928$27,753$608,641
11$29,196$26,485$579,445
12$30,521$25,160$548,924
13$31,907$23,774$517,017
14$33,356$22,325$483,661
15$34,870$20,811$448,791
16$36,453$19,227$412,338
17$38,109$17,572$374,229
18$39,839$15,842$334,390
19$41,648$14,033$292,742
20$43,539$12,142$249,204
21$45,516$10,165$203,688
22$47,582$8,099$156,106
23$49,743$5,938$106,363
24$52,001$3,680$54,362
25$54,362$1,319$0

At the end of your 5-year term

Total paid over the term
$278,405
Principal paid down
$102,535
Interest paid
$175,870
Balance remaining
$736,665

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
Estimate$1,450/mo
$17,400Gross annual rent
0.9%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

1.7%
Gross yield
− Property tax $4,757− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $9,329

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP OLD MILL REALTY INC.. MLS®/PropTx.

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