Property Overview
This is a 1955 one-storey home on a standard-sized lot in Central River Heights. Its key appeal lies in its balance of a desirable, established neighbourhood with a relatively accessible price point, underscored by a renovated basement. The living space, at 947 sqft, is compact, making the home efficient and manageable. With a detached garage and no pool, it presents as a practical, low-maintenance property. It would suit first-time buyers seeking an entry into a popular area, downsizers looking for a single-level layout without a large footprint, or investors interested in a character home with rental potential, given the finished basement adds functional space.
Frequently Asked Questions
1. Is the house smaller than others in the area?
Yes. The living area is below average for both Lindsay Street and the broader Central River Heights neighbourhood. This is a key factor in its positioning and price.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Viewing the property or requesting details from the listing agent is necessary to understand the finish quality, layout, and whether it includes a legal suite or additional bedrooms.
3. How does the assessed value relate to the likely sale price?
The assessed value is a municipal tax assessment, not a market valuation. The last known sale was in 2016 for $27.6k, but current market conditions will determine the sale price. The assessment being below area averages hints at its more modest size and features.
4. What are the less obvious pros and cons of a 1955 build?
A pro is that homes from this era in River Heights often have mature landscaping and settled foundations. A consideration is that while major systems may have been updated, the core structure is 70 years old, so a thorough inspection for aging plumbing, wiring, and insulation is advisable.
5. Who might this property not suit?
It may not suit buyers needing significant above-grade living space, those prioritizing a modern open-concept layout (typical of a one-storey of this vintage), or anyone wanting extensive yard work, as the lot size is near the neighbourhood average.