This lakeside village is blessed with many fine attributes including picturesque waterfront parks, a local arena, a public library, a waterfront trail, a Go Transit station and a vibrant shopping district.
Alderwood's long linear streets are lined with rows of bungalows and storey-and-a-half houses. These houses were built during the 1920's, 30's, 40's and 50's. Many of the older bungalows have been replaced with more modern semi-detached and detached homes.
HistoryAlderwood was originally known as New Toronto Park or New Toronto Heights, or simply as "the place above the tracks". Alderwood was the home of the six O'Connor sisters who achieved great fame in the 1910's touring North America's vaudeville theatres. The O'Connor sisters were often featured on the same bill with stars such as Jimmie Durante, Al Jolson and Sophia Tucker.
Alderwood's farms began to be subdivided for residential development in the 1920's however most of this neighbourhood's development occurred after World War II. Many of the streets in Alderwood are named after the original farmers in this area including Brown, Evans, Lunness and Horner.
The Alderwood name officially came into use in 1933 when the local post office was opened. Robert Johnson a long time Alderwood resident is credited with originating the name Alderwood. He derived this name from the First Nations word "Etobicoke," meaning "the place where the alders grow".