Property Overview & Key Characteristics
This 2022-built, single-storey home in Elmhurst offers modern living on a large, approximately 9,200 sqft lot. Its primary appeal lies in the combination of being a nearly new, low-maintenance property with the generous space and potential of an established neighbourhood lot. With 2,420 sqft of living space, it ranks in the top tier for size locally. The home suits buyers seeking a modern layout without the wait of new construction, and who value a large outdoor space for gardening, play, or future expansion. Its unfinished basement presents a clear opportunity for customization to add value and suit the next owner's needs. A thoughtful perspective is that this property offers the perks of a new build—like contemporary standards and systems—within a mature community, providing instant character that brand-new subdivisions often lack.
Frequently Asked Questions
1. What are the advantages of an unfinished basement?
It allows the next owner to customize the space to their exact needs—whether for a suite, home theatre, gym, or additional bedrooms—without needing to renovate or remove existing finishes.
2. The property has no garage. Is adding one feasible?
Given the very large lot size, there is likely space to add a detached garage or workshop, subject to local zoning and permit approvals. This is a key opportunity for a buyer needing vehicle storage or a hobby space.
3. How does the age of this home compare to others nearby?
Built in 2022, it is one of the newest homes in the area, ranking newer than 98% of homes on its street and 100% within the broader Elmhurst community, offering modern efficiency among older properties.
4. What does the high assessment value indicate?
The municipal assessment of $791,000 ranks in the top 2-3% of homes locally, reflecting its new condition, above-average size, and large lot. This is a strong indicator of its standing in the market.
5. Who would this property not be suited for?
It may not suit buyers seeking immediate, turn-key finished space throughout (including the basement) or those who require an attached garage from day one. It’s ideal for those who see potential in customizing part of the home themselves.