Property Overview: 67 Burrowing Owl Cove
Key Characteristics & Appeal
This two-storey home in Inkster Gardens is defined by its above-average interior space and modern build. With 1,956 sqft of living area, it ranks in the top 6% on its own street and top 12% both in the neighbourhood and city-wide, offering more room than most comparable homes. Built in 2016, it is a relatively newer property in a city with many older homes, promising modern construction standards and less immediate maintenance. The home features a renovated basement and an attached garage.
Its primary appeal lies in this combination of spacious, contemporary living within a well-established neighbourhood. The assessed value of $590,000 is consistently above average for the area, indicating strong perceived value. A thoughtful perspective is that while the house itself is large and modern, the land parcel (3,948 sqft) is smaller than most peers. This suggests a focus on low-maintenance outdoor space, making it ideal for those who prefer more home and less yard work.
This property would best suit buyers looking for a move-in ready, modern home with ample interior space for a growing family or those who work from home. It’s a strong fit for professionals or empty-nesters seeking single-level living potential with a renovated basement, without the burden of a large, demanding yard.
Frequently Asked Questions
1. How does the property’s value compare to recent sales?
Based on public data, a home on this street sold in early 2021 for between $44.50k and $47.50k. The current assessed value of $590,000 reflects a significant market increase and the specific attributes of this larger, newer home.
2. What does the "above average" ranking for living area actually mean?
It means this home is larger than the majority of homes it's compared to. Specifically, it has more living space than 94% of similar homes on Burrowing Owl Cove, 88% in Inkster Gardens, and 88% across the entire city.
3. The land size is noted as "below average." Is that a concern?
It depends on your lifestyle. The yard is smaller than most, which means less gardening and upkeep. It may not suit those wanting extensive outdoor recreation space, but it maximizes the footprint for the home itself, which is a trade-off many modern buyers prefer.
4. Is the renovated basement a legal suite?
The listing states the basement is renovated but does not specify it as a legal secondary suite. Buyers should verify its compliance with local regulations and intended use with their agent and the municipality.
5. How can I find out the exact historical sold prices for this address?
The exact sold price history is not published publicly. You can request this detailed information directly via the "Get exact sold price history" feature on the listing page, and the service provider will email it to you.