Property Overview & Key Characteristics
This one-and-a-half storey home on Kent Road in East Elmwood presents a practical and comfortable living opportunity. Built in 1951, its key features include 1,254 square feet of living space, a renovated basement, and a detached garage. The lot is a manageable 4,806 square feet. The home’s appeal lies in its solid, no-frills foundation within a stable neighbourhood. Its living space is notably above average for East Elmwood, offering more room than many nearby homes, while its assessed value is also above the neighbourhood average, suggesting good relative value.
This property would suit first-time buyers or downsizers looking for a move-in-ready, low-maintenance home without major renovations. It’s also a strong fit for value-oriented buyers who prioritize more interior space over a large yard. A thoughtful perspective is that while the home is older than most on its specific street, it is typical for the wider, well-established neighbourhood, offering a chance to own a character home that stands out for its space efficiency rather than its lot size.
Frequently Asked Questions
1. How does this home compare in size to others in the area?
The living area is a key advantage. At 1,254 sq ft, it ranks in the top 16% for size within East Elmwood, meaning it offers more interior space than most homes in the neighbourhood.
2. Is the lot size a concern?
The lot is smaller than average for Kent Road itself but is very typical for the East Elmwood area overall. It provides a manageable yard for gardening or relaxing without demanding extensive upkeep.
3. What does the "above average" assessed value for the neighbourhood indicate?
An assessed value that ranks above the neighbourhood average often reflects a combination of the home’s condition, improvements (like the renovated basement), and its larger-than-average living area for the area. It suggests the property is viewed as a solid asset within its local market.
4. The home is older than most on its street. Should I be concerned?
The 1951 build date is actually around the neighbourhood average. While it’s one of the older homes on this particular block, it is representative of the classic housing stock in East Elmwood. A thorough inspection is always advised to understand the condition of major systems.
5. Who might this property not suit?
Buyers seeking a very large yard, a brand-new build, or a home with top-tier modern finishes may want to look elsewhere. This home offers practical, grounded value and space in a mature neighbourhood rather than luxury or expansive outdoor space.