244 Jamison Avenue

Property Overview: 244 Jamison Avenue

Key Characteristics & Appeal

This home is defined by its generous, above-average lot size—over 4,200 sqft—which is its most standout feature in the Chalmers neighbourhood. The house itself is a compact one-and-three-quarter storey character home built in 1909, with a modest 912 sqft of living space and an unrenovated basement. It has no garage or pool. The appeal lies primarily in the land itself, offering significant outdoor space and potential in a location where lot sizes are typically smaller. The most recent sale in early 2025 at $210,000 represents a substantial increase from its previous values, indicating renewed market interest.

This property would best suit a specific type of buyer: a hands-on individual or investor who sees value in the land for future expansion, a garden, or redevelopment. It could also appeal to a buyer seeking an entry point into the market with a character home, who is prepared for the maintenance and updates a 117-year-old house will require. The unrenovated basement and smaller living area mean it’s less suited for those seeking immediate move-in condition or larger, modern interiors.

Frequently Asked Questions

1. What does "above average" lot size really mean for this property?
While the house is modest, the lot is over 1,000 sqft larger than the neighbourhood average. This provides rare potential for additions, a large garden, or outdoor living space that isn't common on nearby streets.

2. The house is very old. What should I consider?
Built in 1909, it is among the oldest in the immediate area. Buyers should prioritize a thorough inspection for foundational integrity, wiring, plumbing, and insulation. While it offers character, it also comes with the upkeep typical of a century home.

3. Why did the sale price jump so significantly from $12,500 in 2020 to $210,000 in 2025?
This dramatic increase likely reflects a major shift in the property's perceived utility or condition. It may have been substantially renovated, or more likely, the market has significantly revalued the land potential in this area since the previous sale.

4. Is the assessed value a good indicator of the market price?
No. The municipal assessed value is approximately $20,000, which is for tax purposes and is not an appraisal. The recent sale at $210,000 is the true indicator of its current market value.

5. What is the immediate neighbourhood like?
The listing shows several nearby properties on Jamison and Bowman Avenues, suggesting a well-established, close-knit street. The similar assessed values of comparison properties indicate a consistent, modestly valued area, which can be positive for stability.