Property Overview: 6 Tunis Bay, Fort Richmond
Key Characteristics & Appeal
This two-storey home in Fort Richmond offers a practical and well-sized living space of 1,865 sqft, which is notably above average for both the neighbourhood and the city. Its appeal lies in this generous interior footprint, combined with a recently renovated basement that adds immediate functional space. The attached garage and a land size that is above average city-wide (6,265 sqft) provide solid utility. Built in 1965, the home is of a typical vintage for the area, suggesting a mature streetscape and established landscaping.
The property’s standout feature is its space efficiency: you get a home that ranks in the top 15-30% for living area locally without a corresponding premium in its assessed value, which sits around the neighbourhood average. This creates a value proposition for buyers seeking more room without a top-tier price tag. It would suit practical buyers—growing families, multi-generational households, or those who work from home—who prioritize interior space and a move-in-ready basement over a newer build date or the largest lot on the block. Its average assessment for the street also suggests it fits comfortably within the area’s financial profile, avoiding the outlier status that can sometimes affect resale.
Frequently Asked Questions
1. How does the lot size impact the property?
While the lot is below average for Fort Richmond, it remains above the city-wide average. This typically means lower yard maintenance than larger lots in the area, while still offering decent outdoor space—a trade-off that many modern buyers appreciate.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, permits, and whether it includes a secondary suite or additional bedrooms, as this significantly affects value and utility.
3. The home was built in 1965. What should I check?
While the building age is standard for the area, a pre-purchase inspection is crucial. Key focuses should be the roof, original windows, plumbing, electrical systems (like knob-and-tube wiring), and the foundation, as updates may be needed or planned.
4. How current is the assessed value, and what does it mean for taxes?
The assessed value (provided in the data) is used for calculating property taxes. It is not the market value. The fact that it's average for the street suggests the taxes are likely in line with neighbours, but you should verify the current annual tax amount with the listing agent.
5. The last sale was in late 2024. Why is it back on the market?
A quick resale can happen for many neutral reasons, such as a change in job, family circumstances, or a buyer's remorse period. It’s a reasonable question to ask the seller, via their agent, to understand the context.