Property Overview
This one-storey home on Mccalman Avenue in East Elmwood presents a practical opportunity in a well-established neighbourhood. Built in 1956, it offers 1,084 square feet of living space with a detached garage and a full, unrenovated basement. The lot is a standard city size at just over 4,200 square feet.
Its primary appeal lies in its relative standing within its immediate area. The home ranks above average for both living space and assessed value specifically on its own street and within East Elmwood, suggesting it is a comparatively solid offering in this local market. For a buyer, this means you're getting more interior space than many neighbouring homes, which is a notable advantage in this price segment. The unrenovated basement presents a clear, if not immediate, opportunity to add value and customize the home to suit new needs.
This property would suit a first-time buyer or a practical investor looking for a home with honest metrics and room to grow. It’s for someone who values a straightforward comparison—getting more house for the money than others on the block—over a move-in-ready finish. The detached garage adds functional appeal for storage or a workshop.
Frequently Asked Questions
Is the basement finished?
No, the basement is not renovated. It is a full, unfinished space, offering potential for future development to add living area or storage.
How does this home compare to others in the area?
The data shows this home is above average for its street and neighbourhood in key categories like living area and assessed value. This means you typically get more interior space here than in many comparable nearby homes.
What is the potential for future value?
The unrenovated basement is the primary area for value addition. Given the home already ranks well locally for its size and assessment, thoughtful updates could further enhance its market position.
How old are the major systems?
The property was built in 1956. Prospective buyers should investigate the age and condition of major systems like the roof, plumbing, electrical, and heating, as these are typical considerations for a home of this era.
Is the lot size typical?
Yes. The land area of 4,267 square feet is very close to the average for both Mccalman Avenue and the wider East Elmwood area, offering a standard urban yard.