Property Overview: 26 Ascot Bay
Key Features & Ideal Buyer
This 1969 three-level split home in Elmhurst sits on a large, private lot of over 8,600 sqft, offering a rare combination of space and established character. Its key features include a finished basement, an in-ground pool, and generous living space of 1,157 sqft. The home’s appeal lies in its mature, park-like setting—a sizable yard for a property with a pool—and its strong relative rankings for lot size and age within its immediate street, suggesting a well-positioned property in a desirable location.
It would particularly suit buyers looking for a ready-to-enjoy outdoor oasis in the city, perfect for family summers, or those who value the privacy and potential of a large lot over a large garage (note: there is no garage). The home’s age and original 1969 build date mean it appeals to those comfortable with the charm and potential update projects of an older, solidly built house, rather than someone seeking a new, turn-key property. Its strong city-wide ranking for lot size indicates a premium attribute that is increasingly hard to find.
Frequently Asked Questions
1. What is the significance of the property’s high rankings?
The rankings show how this home compares to others. Notably, it ranks in the top 10% city-wide for lot size and is newer than 97% of homes on its street, indicating a premium, established setting. However, its living area is more average locally, so the value is weighted toward the land and location.
2. Is the pool a major selling point or a concern?
It’s both. For the right buyer, it’s a fantastic private amenity that would be costly to install today. Prospective buyers should factor in routine maintenance, insurance implications, and seasonal opening/closing costs to see if it aligns with their lifestyle.
3. The home was last purchased in 2016. What does that history suggest?
The 2016 purchase price provides a useful benchmark for market appreciation over an 8-year period. The current assessed value is higher, but the long ownership period suggests the sellers have likely enjoyed stable tenure, which can sometimes mean well-considered, lived-in updates rather than quick flips.
4. There’s no garage. How big of a limitation is this?
This is a key consideration. The large lot may offer space for future garage addition (subject to bylaws), but for now, buyers will need to rely on driveway parking and assess their storage needs. This often appeals to buyers who prioritize green space over vehicle storage.
5. What should I consider about a 1969 three-level split?
This popular mid-century layout offers good separation of living spaces but often involves short flights of stairs between levels. It’s efficient but not open-concept. Buyers should pay close attention to the condition of original components like windows, roofing, and the heating system, which may be nearing or past their typical lifespans.