Property Overview
38 Craglea Corner is a well-situated two-storey home in Canterbury Park, built in 1984. It sits on a generous 4,136 sqft lot, which is notably larger than most on its street. The home features 1,200 sqft of living space and a renovated basement. It last sold in May 2022 for $320,000.
Key Features & Ideal Buyer
The primary appeal of this property lies in its land size and established location. The lot is in the top 7% for size on its street, offering above-average outdoor space for the immediate area—a relative rarity that provides room for gardening, play, or expansion. Combined with a renovated basement, it offers practical, updated living space.
Its year-built data presents a thoughtful perspective: while it’s one of the newer homes on its street (top 2%), it’s slightly older than the average for the broader Canterbury Park neighbourhood. This suggests a mature streetscape with settled greenery, but buyers should be mindful of the age-related maintenance typical for a 42-year-old home.
This home would suit a first-time buyer or a downsizer looking for a manageable-sized house without sacrificing yard space. It’s also a fit for someone seeking a home in a mature, established pocket of Canterbury Park, where the lot size offers more potential than many neighbouring properties. The lack of a garage is a trade-off for the larger land parcel.
Frequently Asked Questions
1. How does the lot size compare to nearby homes?
The 4,136 sqft lot is significantly larger than the street average (~2,936 sqft), placing it in the top 7% on Craglea Corner. This is one of the property's standout features.
2. What should I consider about the home’s age?
Built in 1984, the home is newer than most on its street but older than the average home in the wider Canterbury Park area. A thorough inspection of major systems (roof, plumbing, electrical) is advisable due to its age.
3. Is the assessed value a good indicator of market price?
The assessed value is $33.5k, which is for municipal tax purposes and is not a market valuation. The home last sold for $320k in 2022, which is a more relevant benchmark, though market conditions have likely changed since then.
4. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope or quality of the work. Viewing the property or requesting details from the listing agent is necessary to understand the finishes and any potential moisture issues.
5. How does the living space compare?
At 1,200 sqft, the living area is above average for its street but slightly below the average for the Canterbury Park neighbourhood (~1,334 sqft). This indicates a reasonably sized home for the area, with the renovated basement adding functional space.