 About 1920 what is now Alderwood was first planned as an extension of the newly incorporated Town of New Toronto and was originally called 'New Toronto Heights' or 'New Toronto Park ' with the first streets planned in a simple grid pattern with names from the Greek alphabet (Beta, Gamma, Delta).Alderwood was still part of the original Etobicoke township.In 1933 Alderwood became a postal village remaining in Etobicoke Township although closely connected to the independent municipalities Long Branch and New Toronto to the south, but separated by the railway.