Property Overview
This two-storey home at 466 Desrosiers Drive in Canterbury Park is a modern, low-maintenance property built in 2023. Its key appeal lies in its new construction, offering contemporary building standards and minimal immediate repair concerns. With 1,974 sqft of living space, it provides ample room for a growing family or those seeking space to work from home. The attached garage and existing, unfinished basement present practical daily conveniences and future potential, respectively.
The home’s standout characteristic is its relative newness within its context. It ranks in the top 9% for year built on its own street and the top 1% within the wider Canterbury Park neighbourhood, where many homes are decades older. This positions it as a notably modern option in the area. The lot size of 4,246 sqft is more compact compared to some neighbours, which translates to less yard upkeep—a perk for busy professionals or those not wanting extensive gardening duties. The sale price of $636,000 significantly exceeded both the assessed value and neighbourhood averages, indicating strong market appeal and a premium paid for its condition and age.
This property would suit first-time buyers looking for a modern, move-in-ready home without the surprises of an older property, or downsizers seeking a newer, single-family home with less maintenance than a larger, aging house. It’s also a pragmatic fit for buyers who value interior space and modern systems over a large, traditional yard.
Frequently Asked Questions
1. Is the basement finished?
No, the basement is not renovated. It is a blank canvas, offering storage space and the potential for future customization, such as a recreation room, home gym, or additional bedrooms.
2. How does the lot size compare to others?
The land area is 4,246 sqft, which is below the average for Desrosiers Drive but around the city-wide average. This typically means a more manageable yard with less maintenance.
3. Why was the sale price higher than the assessed value?
The sale price of $636,000 reflects what a buyer was willing to pay in the open market, likely a premium for the home's very recent construction (2023) and its desirable condition compared to older homes in Canterbury Park. Assessed values for taxation purposes often lag behind current market trends.
4. What does the "Elite" ranking for Year Built mean?
It means this home is newer than 99% of comparable properties in the Canterbury Park neighbourhood. You are getting one of the most recently built homes in the area, which often correlates with modern layouts, energy efficiency, and updated building codes.
5. Are there any properties of similar age nearby?
Yes, directly nearby at 298 Desrosiers Drive is another home built in 2023 with a similar assessed value and living area, suggesting a small pocket of new construction on the street.