Property Overview
This 1913 two-and-a-half storey home at 799 Warsaw Avenue in Earl Grey offers a blend of historic character and updated practicality. Its primary appeal lies in its generous 1,884 sqft of living space, which ranks within the top 2-4% of homes on its street and in the neighbourhood, providing significantly more room than local comparables. The home features a renovated basement, adding to its functional space. While it sits on a standard city lot and lacks a garage or pool, its recent sale in late 2024 suggests a move-in-ready condition.
The property suits buyers looking for a spacious, established home in a central neighbourhood without the premium lot size or ultra-modern assessment of newer suburbs. It’s a strong fit for those who value interior square footage over a large yard, and for owners who appreciate a home with a story—its 1913 build date is older than most in the city, offering classic architecture that’s now relatively rare. The assessed value is modest compared to the recent sale price, which may indicate updates not yet reflected in the valuation, appealing to buyers who see potential in documented improvements.
Frequently Asked Questions
1. How does the living space compare to nearby homes?
Exceptionally well. With 1,884 sqft, it has about 600-700 more square feet than the average comparable home on Warsaw Avenue and in the Earl Grey neighbourhood, placing it in the top 4% locally.
2. The home was built in 1913. Are there concerns about its age?
While the structure is over a century old, the renovated basement and recent sale indicate ongoing updates. Buyers should prioritize a thorough inspection focusing on foundational, electrical, and plumbing systems common to homes of this era.
3. Why is the assessed value significantly lower than the 2024 sale price?
Municipal assessments often lag behind the current market and may not fully capture the value of recent renovations or interior condition. The sale price is typically a more accurate reflection of its present market worth.
4. What are the trade-offs for having such a high ranking in living area?
The rankings show that this size comes with trade-offs: the lot size is average for the street but below average city-wide, and the home’s age ranks in the bottom 10% citywide. You’re getting above-average interior space on a standard lot in an older home.
5. Who would this property not suit?
It may not suit buyers seeking a modern build, a large outdoor space, or dedicated parking (as it has no garage). It’s best for those who prioritize interior space and neighbourhood character over newer infrastructure and expansive lots.