Property Overview
This one-and-three-quarter storey home on Martin Avenue W in Chalmers presents a blend of early 20th-century character and practical updates. Built in 1914, its key appeal lies in its solid, renovated basement and a detached garage on a lot that ranks in the top half of the street for size. With 1,040 sqft of living space, it offers a comfortable footprint. The home’s assessed value sits notably higher than many in the immediate area, suggesting it may have features or a condition that set it apart from direct comparables. This property would suit a buyer looking for a character home in an established neighbourhood who values a move-in-ready basement space and the flexibility of a detached garage. It’s a practical choice for someone who appreciates a home with history but isn’t interested in a full-scale renovation project from the start.
Frequently Asked Questions
1. What does the "renovated basement" likely include?
While specifics aren't listed, a renovated basement in a home of this era typically means it has been finished into a livable space, possibly with a recreation room, office, or additional bedroom, and includes modern moisture protection and insulation.
2. How does the assessed value compare to nearby homes?
The assessed value of $28.30k is significantly higher than several similar-sized, older homes on the same street and in Chalmers, but it is in line with some newer or substantially updated properties in the area. This suggests the assessment reflects the renovated condition or other improvements.
3. Is the lot size a major advantage?
At just over 2,900 sqft, the lot is above average for Martin Avenue. This provides more outdoor space than many neighbouring properties, which is a valuable asset in an older neighbourhood.
4. What are the implications of the home's age (1914)?
A 112-year-old home offers charm and established neighbourhood roots but requires a mindful inspection. Key systems like plumbing, electrical, and the foundation should be thoroughly evaluated, even with a renovated basement.
5. Who might this home not suit?
It may not be ideal for buyers seeking a modern, open-concept layout, as the original floor plan likely features more compartmentalized rooms. Additionally, those wanting an attached garage or a brand-new build would need to look elsewhere.