Property Overview
This two-storey home at 278 Desrosiers Drive in Canterbury Park is a modern property built in 2023, offering a turn-key living experience with minimal upkeep required. Its key appeal lies in its new construction status, which places it among the newest homes not just in the Canterbury Park neighbourhood, but also city-wide. With 2,095 sqft of living space, it provides above-average roominess for the area. The home sits on a standard city lot and features an attached garage and an unfinished basement, presenting a blank canvas for future expansion.
The property suits buyers looking for a modern, low-maintenance home in a developed area, particularly first-time homeowners or those downsizing who want contemporary finishes without the wait of a new build. It also holds strong investment appeal due to its "like-new" status in a market of predominantly older homes, potentially offering greater energy efficiency and fewer immediate repair concerns. A thoughtful perspective is that while the lot size is modest for the street, this translates to less yard work, aligning with the easy-living aspect of a new home. Its sale price history indicates it commands a premium, appealing to buyers who value new construction and are willing to pay for it.
Frequently Asked Questions
1. Is the basement developed?
No, the basement is unfinished. This provides the next owner with the opportunity to customize the space to their needs, whether for storage, a home gym, or future additional living areas.
2. How does this home compare in size to others nearby?
The living area is notably larger than average for both Canterbury Park and the city overall. However, the land area is slightly below average for Desrosiers Drive itself, meaning you get a spacious home on a standard-sized lot.
3. What does the "Elite" or "Top" ranking mean for Year Built?
This statistical ranking confirms the home is exceptionally new compared to its peers. In Canterbury Park, it ranks in the top 1% for its recent build date, meaning it is one of the very newest homes available in the area.
4. Why is the assessed value different from the last sale price?
The property is assessed at $55,700 for municipal tax purposes. It sold for $65,100 in December 2023. The sale price reflects the current market value buyers were willing to pay, which can be higher than the assessed value, especially for a recently built home.
5. What is the potential for future resale value?
As a nearly new home, it benefits from modern construction standards and materials. Its value proposition is maintaining a "newer than average" status in the neighbourhood for years to come, though this premium may normalize as the home ages.