Property Overview & Key Characteristics
This is a modern, one-storey home built in 2019, offering the appeal of a newer build with minimal initial maintenance. Its key feature is a generous 5,736 sqft lot in Canterbury Park, which is significantly larger than most in the neighbourhood, providing excellent outdoor space and potential. The home itself, at 1,372 sqft, is comfortable and average-sized for the city, but notably smaller than others on its specific street. It includes an attached garage and an unrenovated basement, presenting a blank canvas for future expansion or customization.
The primary appeal lies in the combination of a recent build date and an above-average lot size in a well-regarded area—a pairing that can be hard to find. It suits first-time buyers or downsizers looking for a modern, single-level layout without an older home's upkeep. It also appeals to buyers with a vision, as the large yard and unfinished basement offer clear opportunities to add value and personalize the space over time. A thoughtful perspective is that while the home's living area is modest on its street, this can translate to a lower property tax assessment relative to the land value, which is a long-term advantage.
Frequently Asked Questions
1. Is the lot size a significant advantage?
Yes. The property's lot is in the top 18% for size in Canterbury Park, offering more private outdoor space than most area homes. This is a premium feature for gardening, recreation, or future additions.
2. What does "unrenovated basement" imply?
It means the basement is finished to a basic, functional level but has not been updated or customized. It's liveable space but represents the most immediate opportunity for modernization and personalization to suit your needs.
3. How does this home compare to others on the street?
The data shows it's a newer build on the street (top 7%) but has a smaller living area and a lower assessed value than its immediate neighbours. This suggests it may be a more affordable entry point to a desirable street.
4. Why is the assessed value ranking so different by area?
The assessed value is below average for the street, around average for the neighbourhood, but above average citywide. This highlights that Tom Nichols Place and Canterbury Park are desirable areas with higher-value homes overall, making this property competitively priced within that context.
5. Who would this property not suit?
It may not suit buyers seeking a large, move-in-ready home with an open-concept modern layout, as the living space is modest and the basement awaits finishing. It's also less ideal for those who prefer a fully established, mature landscape, as a 2019 build means younger yards.