Property Overview
This 1,031 sqft one-and-a-half storey home, built in 1912, sits on a standard city lot in Daniel McIntyre. Its key characteristic is its position as a modest, entry-level property with a detached garage. The home has an unfinished basement and has not been recently renovated, presenting a straightforward canvas. Its appeal lies in its affordability and location within an established inner-city neighbourhood, offering a lower financial barrier to entry compared to many city-wide averages. The home would suit first-time buyers comfortable with a property that may require updates, or investors looking for a practical rental opportunity in a central area. A less obvious perspective is that its older construction date (1912) actually makes it a historically above-average home for its immediate street, suggesting a well-built core in a neighbourhood of character.
Frequently Asked Questions
What does the assessed value indicate?
The assessed value is significantly below city-wide averages, which primarily reflects its modest size and lack of recent renovations for taxation purposes, not necessarily its market sale price.
Is the living space sufficient for a family?
At just over 1,000 sqft, the living area is compact. It would likely suit a small family, a couple, or an individual, with the understanding that space is efficiently allocated as is typical for homes of this era.
What should I know about the "unfinished basement"?
This means the basement is in a raw state, likely suitable only for utilities and storage. It represents both a current limitation and a future opportunity for expansion or development, subject to local regulations.
How does the year built (1912) affect the home?
While it indicates potential for charming original features, it also means buyers should budget for potential updates to older mechanical systems, insulation, or windows to improve efficiency.
The lot size is noted as "below average" city-wide. Is that a concern?
The lot is a typical size for its inner-city neighbourhood. This is only a notable disadvantage if you desire suburban-style yard space; for the area, it is standard and provides manageable outdoor maintenance.