545 Queenston Street

Property Overview

This well-situated two-storey home in Central River Heights presents a compelling opportunity. Built in 1956, it features a renovated basement, a detached garage, and sits on a 5,386 sqft lot. With 1,949 sqft of living space, the home is notably larger than many in the area. Its appeal lies in its above-average proportions and established neighbourhood setting, offering more interior space and a larger lot than typical local comparables. This property would suit buyers looking for a character home with room to grow in a central, mature community, particularly those who value space over a brand-new build and appreciate a home that stands out in size within its immediate context.

Key Details & FAQs

• Key Characteristics: A 1956 two-storey with a renovated basement and detached garage. It boasts a living area of 1,949 sqft on a 5,386 sqft lot.
• Primary Appeal: The home offers significantly more living and land space than most comparable properties in Central River Heights and on its own street, providing a sense of rarity and roominess for the area.
• Ideal Buyer: Perfect for growing families or those needing flexible space who want to be in a sought-after, established neighbourhood without compromising on square footage.

Frequently Asked Questions

How does this home compare to others nearby?
The data shows this home ranks above average in key metrics compared to its neighbours. Its living area is in the top 7% for Central River Heights, and its lot size is in the top 25% for Queenston Street, meaning it offers more space than most homes directly around it.

What does the assessed value indicate?
With an assessed value of $600k, this property is ranked in the top 6% for the neighbourhood and top 16% for its street. This suggests it is viewed as a higher-value property in the area, likely due to its size, condition, and lot.

Is the year built a concern?
Built in 1956, the home is newer than the average for both its street and Central River Heights. While it will have the maintenance considerations of any older home, it is a relatively newer build within this mature neighbourhood's housing stock.

What is the significance of the last sale price?
The home sold for $52.80k in 2019. This historical price is not indicative of current market value but highlights a significant appreciation event, underscoring the property's investment trajectory in a desirable location.

Who might this property not suit?
Buyers seeking a modern, low-maintenance new build or those with strict accessibility needs may find the two-storey layout and age of the home less ideal. It is best for those comfortable with the character and upkeep of an established home.