262 St Martin Boulevard

Property Overview & Key Characteristics

This 1976 bi-level home at 262 St Martin Boulevard in Canterbury Park is a compact, no-frills property that presents a clear value-oriented opportunity. Its primary appeal lies in its recent basement renovation and its position as one of the newest homes on its street, built five years later than the local average. With 809 sqft of living space and no garage, it suits buyers looking for an affordable entry point into homeownership, an investor seeking a rental property, or someone wanting a low-maintenance footprint. The below-average lot size (3,099 sqft) further underscores its manageability.

The data reveals a thoughtful perspective: while the home ranks below average in size and value compared to the wider city and neighbourhood, it stands out on its own street for its newer construction. This suggests a well-kept street of similar vintage homes, where this property could be a relatively updated option. It’s not suited for those needing ample space or modern suburban amenities, but rather for a pragmatic buyer who prioritizes a renovated basement and solid fundamentals over square footage.

Frequently Asked Questions

1. What does the "below average" ranking for land and living area practically mean for me?
It confirms this is a compact property. The lot is smaller than most in the area, meaning less yard maintenance, but also less private outdoor space. The living area is efficient, suitable for a single person, couple, or small family comfortable with cozy quarters.

2. The assessed value is notably low. Does that indicate a problem?
Not necessarily. A low assessed value often reflects the home's modest size and original build era for the area. It can be an advantage, potentially leading to lower property taxes. The 2021 sale price was very close to the assessed value, indicating it's likely assessed accurately for what it is.

3. Why is the "Year Built" ranking so high on its street?
The data shows the average comparable home on St Martin Boulevard was built around 1971. This home was built in 1976, making it one of the newest on the block. This is a relative positive, possibly indicating slightly newer construction materials and systems than its immediate neighbours.

4. What is the likely condition given the recent sale and renovation?
Sold in July 2021, the property has had the same owner for about three years. The noted basement renovation likely occurred during this recent ownership, suggesting at least one updated area. The rest of the home may retain much of its original 1976 character.

5. Who would this property NOT be a good fit for?
It would not suit buyers looking for a move-in-ready modern home, those who need multiple bedrooms or spacious living areas, or anyone requiring a garage, pool, or large yard. Its value is in affordability and basics, not in premium features or space.