Property Overview & Key Characteristics
This two-storey home on Carter Avenue stands out for its exceptionally generous living space. At 2,880 square feet, it ranks in the top 1% of homes for size both within its immediate neighbourhood of Ebby-Wentworth and across the entire city. The property is situated on a larger-than-average lot for the area and features a renovated basement. Built in 1950, it offers the solid construction and character of its era, while its assessed value places it in the top tier for the street and neighbourhood.
The primary appeal lies in its rare combination of immense interior space and a desirable, established location. It suits buyers who need significant room for a growing or multi-generational family, and who value the potential of a character home over a brand-new build. A thoughtful perspective is that while the home is older, its elite ranking for size suggests a timeless layout that is difficult to find in modern subdivisions. It represents an opportunity to own a genuinely spacious property in a mature community, ideal for someone looking to put their own long-term stamp on a home with great bones.
Frequently Asked Questions
1. How does the home’s age affect its value?
While the 1950 build date is older than the city average, the home’s assessed and market value are strongly above average for its specific neighbourhood and street. This indicates that its size, lot, condition, and location are significant value drivers that outweigh its age.
2. Is the property tax likely to be high?
The assessed value of $50,600k is in the top 9-11% for the local area, so property taxes will be correspondingly higher than for a more typical-sized home in Ebby-Wentworth. Buyers should budget accordingly.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the selling agent to understand if it’s a finished living space, a modernized utility area, or includes a secondary suite.
4. There is no garage. Is there other parking?
The listing notes no garage. Given the home’s era and the lot size, there is likely a driveway or potential for off-street parking, but this should be verified as on-street parking may be the only option.
5. Why is the sale history from 2021 relevant?
The prior sale price of $47.50k in 2021 provides a benchmark for how the property’s value has been perceived in the very recent past, offering context for its current listing price and the market’s movement in the area.