Posted on February 25, 2014 in Buying, First Time Homebuyers
From our Where to buy in Toronto for Under $500,000 feature: say hello to Alderwood and Longbranch.
Alderwood/Long Branch (W06)
Our apologies to the residents of Alderwood and Long Branch for lumping these two neighbourhoods together, but we didn’t want to say one was better than the other and both have great attributes!
Boarders
North: Gardiner Expressway
West: Etobicoke Creek and the Toronto Golf Club!
South: Lake Ontario
East: 23rd St/Humber College Lakeshore Campus and the CPR railway west of Kipling
Why we like it
It’s an old suburb with large lots, modest homes and a true neighbourhood feel. With Lake Ontario and Etobicoke Creek as boundaries you can become one with nature in a matter of minutes; extra points if you look away from the downtown skyline when you’re at the water’s edge. What’s more, that money you’re saving on your mortgage means you can take classes at Humber College which offers the gamut from Community Development to Collage Explorations. The extra credits will pair nicely with your wise home-buying strategy for an increased air of quiet sophistication. You’re friends will think you’re putting the A back in smrt, but in a good way.
What you get for $500,000
In 2013 75 properties sold for $500,000 or less. In fact, 35 of those sold for less than $450,000.
Most popular type: Detached
Most popular housing style: Bungalow
Average Taxes: $2,791
Average Bedrooms: 2
Average Bathrooms: 2
Walkscore: 70 Alderwood and 72 Long Branch
Best Eats
Woody’s Burger Bar and Grill 3795 Lake Shore Blvd. W
The Empanada Company 122 Fortieth Street
Burrito Boyz 3803 Lake Shore Blvd. W
Caffeine Fix
Fair Grounds Roastery Cafe 3785 Lake Shore Blvd. W
Shopping
Along Lakeshore: Long Branch BIA
Sherway Gardens Sure, it’s a mall. But it’s a mall with a Holt’s.
Grocery
Jeff, Rose and Herb’s No Frills 3730 Lake Shore Blvd. W
Transit
Long Branch GO Station (Train and Buses!)
Streetcar: 508 Lakeshore, 501 Queen
Buses: 15 Evans, 110 Islington South, 123 Shorncliffe
Top Elementary School
Christ the King, Fraser Institute Rating of 7.5
Top Secondary School
Father John Redmond, Fraser Institute Rating of 7.7
Search Active Alderwood and Long Branch MLS Listings.
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