Property Overview: 59 Brian Monkman Bay, Island Lakes
Section 1: Key Characteristics & Appeal
This two-storey home in Island Lakes stands out for its generous proportions and established, well-maintained character. Built in 2004, its primary appeal lies in its above-average living space—at 2,338 sqft, it ranks in the top 2% of homes on its street and in the Island Lakes area. This suggests a layout offering more room than most comparable properties, ideal for growing families or those who value spaciousness. The home features an attached garage and a renovated basement, adding functional living and storage areas.
Its value proposition is underscored by its assessed value, which sits above average for its immediate neighborhood and the broader city. While the lot size is typical for the street, the home itself is a standout in terms of square footage for the area. The appeal here is for a buyer seeking a move-in ready, spacious home in a mature suburban neighborhood, without the premium often attached to brand-new construction. It would particularly suit practical buyers who prioritize interior space over an oversized yard, and who appreciate a home that has been updated (as seen in the basement) while being part of a stable, established community.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others nearby?
The living area is a key feature. At 2,338 sqft, it is significantly larger than the average home on Brian Monkman Bay (~1,700 sqft) and in the wider Island Lakes area (~1,635 sqft), placing it in the elite top 2-4% for space.
2. What is the neighborhood and street like?
Located in the Island Lakes area, this property is on a street where homes are of a similar age (early 2000s). The data indicates a consistent streetscape, with this home being one of the newer and notably larger properties on the block.
3. Has the home been updated?
The listing confirms the basement has been renovated. For specifics on the scope of renovations, the condition of major systems (roof, HVAC), and updates to kitchens or bathrooms, a professional home inspection is recommended.
4. What is the history of sold prices for this home?
Public records show a sale in March 2017 in the range of $435,000 - $465,000. For the precise, exact sold price, you can request this information directly via the provided email service on the listing page.
5. Is the assessed value a good indicator of the listing price?
The assessed value of $576,000 is a municipal calculation for tax purposes and is typically below market value. It does, however, indicate that the property is considered above average in value compared to its peers on the street, in the area, and citywide. The actual listing or sale price will be determined by current market conditions.