Property Overview: 105 Yale Avenue, Crescentwood
Key Characteristics & Appeal
This is a substantial, character-filled two-storey home built in 1924, situated on an exceptionally large lot in the desirable Crescentwood neighbourhood. Its primary appeal lies in the combination of generous space and prime location. The 2,240 sqft living area is notably spacious for the street and city overall, while the 10,451 sqft land parcel is a true standout, placing it in the top 4% of similar properties on Yale Avenue. This offers rare potential for gardens, expansion, or simply ample private space in a mature area. The home features a renovated basement and a detached garage.
Its value is rooted more in land and location than in modern finishes, given its age. It would best suit a buyer who appreciates classic architecture and sees potential in a solid, well-located structure—whether as a long-term family home with room to grow, or as a strategic investment in a prestigious area where land of this size is increasingly scarce. The recent assessed value aligns with a premium for the lot, suggesting it's valued for its underlying asset as much as its current living space.
Frequently Asked Questions
1. Is the house itself outdated?
Built in 1924, the home is over a century old. While the basement has been renovated, the main living areas likely retain much of the original character and may require updates to suit modern tastes and efficiency standards.
2. Why is the lot size so important?
In established, sought-after neighbourhoods like Crescentwood, large lots are rare. This lot size offers privacy, space for outdoor living, and future potential (like additions or landscaping) that simply isn't available in newer subdivisions or on standard lots.
3. How does the assessed value compare to the recent sale price?
The property was last sold in June 2021 for $59.5k. The current assessed value is slightly higher at $64.3k. This increase and its high percentile ranking indicate the property is viewed as a premium asset within its peer group, likely driven by the land value.
4. What does the "ranking" data actually tell me?
The rankings compare this property against similar ones on its street, in Crescentwood, and city-wide. For example, its land area is in the "Elite" top 4% on Yale Avenue, meaning very few comparable properties offer as much land. This contextualizes its standout features and shortcomings against the local market.
5. Is the detached garage a positive or negative?
A detached garage maintains the classic streetscape but is less convenient than an attached garage, especially in winter. For some buyers, it adds charm and flexibility (e.g., for a workshop); for others, it's a practical drawback.