Property Overview
This 2019-built bi-level home at 1843 Mcdermot Avenue W in Brooklands presents a modern living option in a neighbourhood of predominantly older homes. Its key appeal lies in its balance of contemporary construction and manageable scale. With 1,003 sqft of living space, a renovated basement, and a modest 2,501 sqft lot, it offers a low-maintenance footprint without sacrificing modern comforts.
The home’s standout characteristic is its age. Built in 2019, it ranks in the top 5-6% of homes for year built both on its street and in Brooklands, suggesting buyers would benefit from newer systems, materials, and likely fewer immediate repair concerns compared to the area's average. The assessed value is notably above average for the immediate area, reflecting this modern build premium. However, the living area is compact, ranking above average for Brooklands but below the city-wide average, positioning it as a efficient, rather than spacious, home.
This property would suit first-time buyers or downsizers seeking a modern, move-in-ready home without the upkeep of a larger lot or an older structure. Its efficient size and newer build are practical for those looking to minimize maintenance and utility costs. A thoughtful perspective is that this home offers a "best of both worlds" scenario: it provides the peace of mind of a new build within the established, often more affordable, Brooklands community.
Frequently Asked Questions
1. What are the main advantages of this home's newer construction?
Beyond just looking modern, a 2019 build means major components like the roof, furnace, windows, and electrical systems are relatively new. This can translate to greater energy efficiency, reliability, and potentially lower maintenance costs for the next decade or more compared to the neighbourhood's older housing stock.
2. The lot size is noted as below average. What does this mean practically?
The 2,501 sqft lot is smaller than many in the area. This is a advantage for those seeking minimal yard work and lower exterior maintenance. For gardeners or those who desire extensive outdoor private space, it may feel limited. It's ideal for a simple patio setup or low-maintenance landscaping.
3. Who might this home not suit as well?
Buyers needing multiple large bedrooms, dedicated home office spaces, or extensive storage within the main living area may find the 1,003 sqft layout compact. It's designed for efficient living rather than spaciousness. Families planning significant growth or those who regularly entertain large groups should consider the space carefully.
4. The assessed value is above average for the street. Is that a concern?
Not necessarily. It primarily reflects the home's modern construction and condition relative to its older neighbours. It's important to differentiate assessed value (for municipal tax purposes) from market value. A recent sale price and a professional market evaluation will give a clearer picture of its current worth.
5. What is the significance of having a renovated basement?
A renovated basement in a bi-level effectively doubles the usable living space. It can provide crucial extra room for a family room, home gym, office, or additional storage, making the overall footprint of the home feel much more functional and addressing the compactness of the main floor square footage.