Property Overview
This two-storey home at 598 Warsaw Avenue in Earl Grey presents a compelling blend of modern comfort and established neighbourhood character. Its key appeal lies in being a significantly updated, above-average-sized home in a desirable area, without the maintenance concerns of an older property.
Key Characteristics & Buyer Profile
The home’s standout features are its modern build year (2019), generous living space (1,740 sq ft), and a recently renovated basement. It ranks in the top tier of its street and neighbourhood for living area, assessed value, and newness—a rare trifecta for the area. The detached garage and lack of a pool cater to practical urban living.
Its appeal is multifaceted. For buyers seeking move-in readiness in a mature neighbourhood, it offers a contemporary home without the wait for new construction. The renovated basement adds immediate functional space. While the land size is typical for Earl Grey, the property’s value is squarely in the structure itself—a modern, efficient dwelling on a well-located lot.
This property would best suit professionals or small families who prioritize modern interiors, space, and location over a large yard. It’s an ideal fit for someone wanting the established trees and community feel of Earl Grey but with the thermal efficiency, layout, and low-maintenance benefits of a new build. It also represents a sound value proposition for investors or buyers focused on long-term property valuation, given its elite assessed value ranking within the immediate area.
Frequently Asked Questions
1. How does the 2019 build date impact ownership costs?
A newer home like this typically means lower immediate repair costs, better energy efficiency, and modern building materials. It may still have some original appliance or component warranties in effect.
2. The assessed value is in the top 1% for the street. What does that indicate?
This suggests the property is viewed as one of the most valuable on Warsaw Avenue, likely due to the combination of its newness, size, and renovations. It’s a strong indicator of the home’s premium position in the local market.
3. Is the land size a limitation?
At 3,496 sq ft, the lot is average for Earl Grey but below the citywide average. This suits buyers who prefer lower outdoor maintenance. The value here is in the home’s interior space and modern condition, not in expansive grounds.
4. What is the significance of the renovated basement?
It adds immediate, finished living space without the need for a future project. This is a significant functional and financial advantage, providing flexibility for a home office, recreation room, or additional bedrooms.
5. Who might this home not suit?
Buyers seeking a large garden, extensive outdoor space, or a character home with original historic details may find it less suitable. The value is in its modern practicality rather than vintage charm or sprawling land.