Property Overview: 635 Maryland Street
Key Characteristics & Appeal
This is a classic two-storey home built in 1905, offering 1,239 sqft of living space with a renovated basement and a detached garage. Its core appeal lies in its established Daniel McIntyre neighbourhood location and its recent sale, suggesting a market-tested value. The home presents a practical, grounded opportunity.
While its living space is modest for the immediate street, it is competitively sized within the wider neighbourhood and city. The lot size follows a similar pattern: smaller than others on Maryland Street but above average for Daniel McIntyre. This positions the property as a more manageable, lower-maintenance option within a central community. The assessed value is notably above average for the neighbourhood, which can indicate positive updates or attributes not fully captured in the basic metrics.
This home would suit a first-time buyer or a downsizer seeking character in a mature neighbourhood without an overly large footprint. It’s for someone who values a renovated basement for extra living space and the flexibility of a detached garage, and who appreciates a home with a recent, clear market transaction.
Frequently Asked Questions
Q: How does the home’s size compare to the area?
A: At 1,239 sqft, it’s smaller than the average home on Maryland Street itself, but it is very close to the average size for the entire Daniel McIntyre neighbourhood, making it a typical offering for the community.
Q: The assessed value seems high for the neighbourhood. What does that mean?
A: Its assessed value ranks in the top 22% for Daniel McIntyre, well above the neighbourhood average. This often reflects improvements (like the renovated basement), desirable lot attributes, or a favourable condition relative to other homes.
Q: Is the lot size a disadvantage?
A: It depends on your priorities. At 3,073 sqft, the lot is smaller than others on the street, which means less yard maintenance. However, it is still larger than the typical lot in Daniel McIntyre, offering a reasonable outdoor space for the area.
Q: What does the recent sale in July 2024 tell us?
A: The recent sale provides a concrete, current market value for the property, reducing speculation about its price. It suggests the home was move-in ready and appealing to buyers at that time.
Q: The home was built in 1905. What should I consider?
A: While the basement has been renovated, a home of this age will have character but may also require ongoing attention to original features like windows, plumbing, or electrical systems. A thorough inspection is essential to understand the condition of the core structure and major systems.