Property Overview
This 1909 one-and-three-quarter storey home on Burnell Street presents a compact, no-frills urban living opportunity. With 864 square feet of living space and a recently renovated basement, it sits on a smaller lot (2,076 sqft) that is notably below average in size for the area. The home’s assessed value is modest and ranks higher within the Daniel McIntyre neighbourhood than it does citywide, suggesting its appeal is localized. Its last sale was in early 2018. The appeal here lies in its straightforward, manageable scale and its position in a central, established neighbourhood. It suits first-time buyers or investors looking for an entry point into the market without a large footprint or complex upkeep. A thoughtful perspective is that the smaller lot, while limiting for expansion, translates to less exterior maintenance—a potential benefit for those seeking a low-yard-work lifestyle. Its age and size mean it’s not for everyone, but for the right buyer, it represents a pragmatic, grounded investment in a well-connected community.
Frequently Asked Questions
1. Is the smaller lot size a significant drawback?
It depends on your priorities. While it offers limited space for additions, large gardens, or extensive outdoor recreation, it also means significantly less yard maintenance and lower associated costs, which can be a plus for busy individuals or those not interested in gardening.
2. How does the assessed value compare to likely market value?
The assessed value is for municipal tax purposes and is often lower than market value. Its ranking suggests the property is considered more valuable within the Daniel McIntyre neighbourhood context than in the wider city, which can be a positive indicator of the area’s stability for a home of this type.
3. What does "one-and-three-quarter storey" mean for living space?
This style, common for the era, typically features a main floor and a second floor where the roofline slopes into the walls, creating some rooms with reduced ceiling height. It maximizes space efficiently but may have a cozier feel than a full two-storey home.
4. Who would this property not suit?
It likely wouldn’t suit growing families needing multiple bedrooms and more living space, or anyone wanting a large private outdoor area. Its compact size and vintage also suggest that further updates may be desired over time.
5. What is the context of the 2018 sale price?
The sale price from January 2018 is a historical data point. The market has evolved since then, so this figure should not be used as a direct indicator of current value but rather as part of the home’s transactional history.