$258,000
For sale: Apartment

Spacious 1-bedroom co-op apartment in a prime Alderwood location! This east-facing lower-level unit features large, above-grade windows, lots of natural light, and plenty of closet space. The suite needs some updating and offers an excellent opportunity to renovate, reimagine, and create a comfortable home tailored to your style. One outdoor parking space is included, and a coin-operated laundry room is conveniently located on the same level. Enjoy access to an outdoor pool, along with the convenience of the Farm Boy and Dollarama plaza next door, and easy access to Sherway Gardens, parks, the lake, Highway 427, Long Branch GO, and the Gardiner Expressway. Low monthly maintenance fees, which include property taxes, offer an attractive and affordable ownership opportunity. Owner-occupied only; rentals are not permitted. Buyer is subject to approval by the Board of Directors.
Sold data
Homes in Alderwood took a median of 16 days to sell over the last 90 days, with the quickest quarter selling within 9 days and the slowest quarter taking more than 27, across 31 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 26 days.
The median sale price was $1,089,000.
Homes sold for about 2.7% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
Based on 31 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Alderwood) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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