294 Valermo Drive, Toronto, ON

$2,000,000
MLS#:W12864450
6 beds
6 baths
3500-5000 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 3-Storey detached located in the coveted neighborhood of Alderwood. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,000,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 6 Bedrooms and 6 Bathrooms with 2 functional kitchens
  • Generous living space spanning 3500-5000 sqft on a premium 39.37 x 93.18 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this immaculate modern detached home in the heart of Alderwood, Etobicoke.Featuring beautiful curb appeal and a landscaped front yard, this home offers a bright open-concept main floor with hardwood flooring, large windows, and elegant finishes throughout. The chef kitchen includes an oversized granite island, gas stove, and ample storage-perfect for entertaining.The second floor offers a large family room, three spacious bedrooms, three stylish 3-piece bathrooms. The entire top level is dedicated to a luxurious primary retreat with a large walk-in closet and spa-inspired ensuite and a charming patio for outdoor relaxation.The fully finished basement provides excellent flexibility with a kitchen, two bedrooms, and a full bathroom-ideal for an in-law suite. Enjoy the beautifully landscaped backyard with a gasBBQ rough-in, perfect for summer gatherings.

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Property Summary

This detached home located at 294 Valermo Drive, Toronto is currently for sale and has been available on SousaSells for 125 days. This property is listed at $2,000,000 with an estimated mortgage of $6,657* per month. It has 6 beds, 6 bathrooms, and is 3500-5000 square feet. 294 Valermo Drive, Toronto is in the Alderwood neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
6
Bathrooms
6
Kitchens
2
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusTerminated
Listed Date3/9/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style3-Storey
ConstructionBrick
BasementFinished
Lot Size39.37 × 93.18 Feet
CountyToronto
Annual Tax$9,885.3
Legal DescriptionLOT 7, PLAN 66M2543 SUBJECT TO AN EASEMENT FOR ENTRY AS IN AT5031093 CITY OF TORONTO

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Carpet Free

Security Features

Community Features

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Location

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294 Valermo Drive, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 294 Valermo Drive, Toronto W06, ON M8W 3E4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

Configure Loan Settings

Interest Rate4.00%
Down Payment$600,000 (30.0%)
* Minimum Canadian down payment required for this price is $400,000.
Amortization Period30 Years
Estimated Monthly Payment$6,657Based on a loan of $1,400,000 over 30 years.
Purchase Price$2,000,000
Loan Amount$1,400,000
Provincial Land Transfer Tax:$36,475
Toronto Municipal Land Transfer Tax:$36,475
Total Estimated Closing Taxes:$72,950

About Purchasing a Home in Toronto, ON

For a property listed at $2,000,000 in Toronto, the legal minimum down payment is $400,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $36,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $36,475 also applies, bringing the total estimated land transfer taxes to $72,950.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Alderwood, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,424,269

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Adam Beck
Public544 Horner Avenue, Etobicoke, Toronto, Ontario, M8W 2C2
7.0
St Ambrose
Public20 Coules Court, Etobicoke, Toronto, Ontario, M8W 2N9
7.4
St Leo
Public3672 Lake Shore Boulevard West, Etobicoke, Toronto, Ontario, M8W 1P7
7.5
The Holy Trinity
Public6 Colonel Samuel Smith Park Drive, Etobicoke, Toronto, Ontario, M8V 4B7
8.3
John English
Public95 Mimico Avenue, Etobicoke, Toronto, Ontario, M8V 1R4
6.0

Secondary Schools

Lakeshore
Public350 Kipling Avenue, Etobicoke, Toronto, Ontario, M8V 3L1
4.9
Father John Redmond
Public28 Colonel Samuel Smith Park Drive, Etobicoke, Toronto, Ontario, M8V 4B7
8.6
Etobicoke-Arts
Public675 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T1
8.2
Bishop Allen
Public721 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T3
8.7
Silverthorn
Public291 Mill Road, Etobicoke, Toronto, Ontario, M9C 1Y5
6.3

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.