Property Summary
Key Characteristics & Appeal
This one-storey home on Mccalman Avenue in East Elmwood is a property defined by its strong position within its immediate neighborhood. With 981 sqft of living space and a renovated basement, it offers practical, single-level living. Its true standout features are the generous 5,099 sqft lot—significantly larger than most on the street—and a well-maintained, newer-than-average build year (1957) for the area. The detached garage adds functional value.
The appeal lies in its above-average local standing. When compared directly to its street and East Elmwood, it ranks highly in size, land, and assessed value, suggesting a well-kept home in a context it outperforms. This makes it a smart choice for a first-time buyer or a downsizer seeking a manageable home with room to garden or expand outdoors, without the upkeep of a larger property. It’s suited for someone who values space and condition relative to the immediate community over a central city-wide location.
Frequently Asked Questions
1. How does this home compare to others in the area?
The data shows it consistently ranks above average for East Elmwood and its own street in key metrics like lot size, living area, and assessed value, indicating it’s a stronger-than-typical offering for this specific neighborhood.
2. What does the "renovated basement" include?
The listing notes a renovated basement, but specifics on finish quality, permits, and the scope of work (e.g., moisture proofing, legal suite potential) should be verified with the seller or a viewing.
3. Is the assessed value a good indicator of the sale price?
Not directly. The assessed value for this home is notably low ($29.80k) for municipal tax purposes. The more relevant figures are the recent sale prices from 2023 ($321k) and 2017 ($263k), which reflect actual market value.
4. What are the potential downsides of a 1957 build?
While newer than many homes on the street, a 69-year-old home will still require due diligence. Key systems like plumbing, electrical, the roof, and the foundation should be inspected to understand their condition and remaining lifespan.
5. The lot is large for the area. What are the possibilities?
The oversized lot is a major asset. It provides ample private outdoor space and potential for additions like a shed, deck, or expanded garden. It’s important to check local zoning bylaws for any restrictions on building coverage or future development potential.