Property Overview
This is a substantial, modern two-storey home on Corydon Avenue in the established Crescentwood neighbourhood. Built in 2006, it offers 2,449 sqft of living space with a renovated basement and an attached garage. The property sits on a just-over 5,000 sqft lot. Its most recent sale was in November 2022 for $82.40k, and it carries an assessed value of $74.90k.
Key Characteristics & Appeal
The primary appeal of this home lies in its rare combination of modern construction within a classic, tree-lined neighbourhood. Unlike many older character homes in the area, this property offers contemporary layouts and systems without the need for major updates. Its living space is exceptionally large for Corydon Avenue (ranking in the top 4%) and above average for Crescentwood, providing ample room for family life, entertaining, or dedicated home offices.
This property would suit buyers looking for a move-in ready, spacious home who value the charm and location of Crescentwood but prefer the practicality of a newer build. It’s ideal for professionals or families who want walkable access to the amenities of Corydon Avenue while enjoying a significant amount of interior space typically found in newer suburbs. The renovated basement adds valuable flexible space, making it a practical choice for those who work from home or desire a dedicated recreation or guest area.
A less obvious perspective is the value of its "age" in this context. At 20 years old, the home is past its initial settling phase and any new-build warranty issues, yet it’s still modern enough that major components like the roof, windows, and mechanical systems likely have considerable life left. It represents a balanced point between brand-new and heritage.
Frequently Asked Questions
1. How does the assessed value relate to the likely market price?
The assessed value of $74.90k is for municipal tax purposes. The sale price of $82.40k in late 2022 is a more current market indicator, though the actual listing price would be determined by current market conditions.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the finish or layout. A buyer should inquire about the quality of the renovation, ceiling height, legal egress, and whether it includes a bathroom or kitchenette.
3. Is the lot size a constraint?
At just over 5,000 sqft, the lot is average for Corydon Avenue and slightly below average for the broader Crescentwood area. This is typical for inner-city neighbourhoods and means outdoor space is defined but not expansive, prioritizing the home's substantial interior footprint.
4. Why is the year built such a standout feature in this neighbourhood?
Crescentwood is known for its historic homes, many built in the early 1900s. A home built in 2006 is in the top 1% for newness in this area, offering a very different living experience in terms of floor plan, insulation, and electrical systems while retaining the prestigious location.
5. What is the parking situation?
The home has an attached garage. For additional parking, or for guest parking, it’s important to check the specific bylaws for on-street parking on this section of Corydon Avenue, as it is a major thoroughfare.