Property Overview
This renovated one-storey home in Bridgwater Forest offers modern living in a well-established neighbourhood. Built in 2011, it sits on a generous 4,228 sqft lot and features an attached garage and a renovated basement. The home’s 1,444 sqft living area is compact, placing it among the smaller homes on its street, but it benefits from a recent, quality update below grade. Its appeal lies in this move-in readiness combined with the low-maintenance ease of a single-level layout. The lot size is a standout, offering more outdoor space than most in the immediate area, which is notable for a newer community.
It would suit first-time buyers looking for a modern, updated home without a major project, or downsizers seeking a manageable single-storey floorplan with a finished basement for family visits or a hobby space. The strong lot size also offers long-term potential for gardening or outdoor living.
Key Questions
1. How does the assessed value compare to the last sale price?
The home was last sold in 2019 for $450,000, while the current assessed value is listed at $54,800. This large discrepancy is important to clarify with your real estate agent, as assessed values for tax purposes can differ significantly from current market value.
2. What does the ranking data actually mean for daily living?
While the home ranks lower on its street for size, it ranks very high city-wide for lot size and newer construction. This suggests you’re getting a premium-sized yard in a modern home, but with cozier interior spaces compared to your direct neighbours.
3. Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify if it is a legal, rentable suite. This is a crucial point to verify with the seller, as it impacts value, utility, and insurance.
4. What are the community amenities in Bridgwater Forest?
As a planned community, it typically features parks, pathways, and nearby shopping. Confirming the walking distance to schools, transit, and the local centre would help gauge convenience.
5. Why is the lot size a significant feature here?
In newer neighbourhoods, lot sizes often trend smaller. A lot that is larger than 92% of others on the street provides valuable extra outdoor space, which is a permanent asset that can’t be easily changed, unlike interior finishes.