Property Overview: 1139 Grosvenor Avenue, Crescentwood
Key Characteristics & Appeal
This is a well-established, one-and-a-half storey home built in 1941, situated on a generous 6,055 sqft lot in the desirable Crescentwood neighbourhood. With 2,042 sqft of living space and a renovated basement, it offers solid, functional space for a family. Its appeal lies in its location and balance: it provides the charm and mature setting of a historic area while the home itself is of a more practical, manageable scale compared to some larger estates on the street. The detached garage adds utility.
Statistically, this property occupies an interesting middle ground. Within Crescentwood and on Grosvenor Avenue itself, its living area, land size, and assessed value are consistently around the average for the area, indicating it’s a quintessential, representative home for the neighbourhood. However, viewed citywide, it stands well above average in size and value, highlighting the premium nature of the location. The 1941 build date is notably newer than many area homes, which can be a plus for maintenance.
This home would best suit buyers seeking authentic character neighbourhood living without the extreme upkeep that can come with much older or larger heritage properties. It’s a strong option for a family looking for space and stability in a top-tier area, or for professionals who value the proximity to amenities, parks, and the river while residing in a home of comfortable, not overwhelming, proportions.
Frequently Asked Questions
1. How does this home’s size compare to others in the area?
At just over 2,000 sqft, it is slightly below the average for Crescentwood but is very typical for Grosvenor Avenue itself. It offers substantial space citywide, but within this specific context, it is a standard, well-proportioned home for the street.
2. What does the assessed value indicate?
The assessed value is around the neighbourhood average, suggesting the property is in line with local market norms. It’s not undervalued nor at the peak for the area, which can represent a stable, benchmarked entry point into Crescentwood.
3. Is the 1941 build date a concern?
While 85 years old, it’s actually a newer build for this historic neighbourhood, where many homes are from the early 1900s. This could imply potentially updated infrastructure compared to older neighbours, but a thorough inspection is always recommended for any home of this age.
4. What is the significance of the lot size?
At over 6,000 sqft, the lot is above average for the street and provides ample outdoor space. This is a key feature, offering room for gardens, play, or expansion, and is a significant contributor to the property’s value and appeal.
5. How recent is the sale history, and what does it show?
The home sold in September 2022. The sale price from that transaction provides a very recent, concrete market value benchmark, which is valuable for understanding current price trends in the area.