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Alderwood, Toronto is a west Toronto neighbourhood known for a high number of agricultural / natural resource and trades workers, Seniors, and college grads. It is a diverse neighbourhood notable for a high number of Ukrainian, Polish, Serbian, Croatian, and Portuguese speakers.
Alderwood largely features detached houses, accounting for 80% of sales, followed by semi-detached houses at 12% and townhouses at 3%. Bungalow houses are the most common style and the majority of properties have 3 bedrooms. The average price in Alderwood over the past 12 months is $900,108, an increase of 11% over the same period last year. The average freehold price over the past 12 months is $937,534 as compared to the average condo price of $683,312 over the same period.