63 Quayside Cove

Property Overview: 63 Quayside Cove, Island Lakes

Key Characteristics & Appeal

This two-storey home in Island Lakes presents a compelling blend of space, location, and value. Built in 1988, it features 1,516 sqft of living area and a renovated basement, situated on a generous 6,967 sqft lot with an attached garage.

The primary appeal lies in its strong positioning within its immediate neighborhood. On Quayside Cove itself, the home ranks in the top 20% for lot size and the top 15% for living area, meaning it offers more space than most direct neighbors. Its assessed value is also above the street average. This creates a scenario of a home that stands out on its own cul-de-sac. However, within the broader Island Lakes community, its assessed value is below the neighborhood average, which can represent a value opportunity for a buyer entering a desirable area.

This property would suit a practical buyer looking for established community charm with above-average interior and yard space for the street. It’s ideal for someone who values a quiet cove setting within a larger neighborhood, appreciates a renovated basement for added flexibility, and is savvy about finding a home that offers strong fundamentals on its specific street at a value-conscious point relative to the wider area.

Frequently Asked Questions

1. How does this home’s value compare to the area?
The home’s assessed value is above average for Quayside Cove but below the average for the entire Island Lakes neighborhood. This suggests it may offer a more accessible price point to enter the community while owning a property that is sizeable compared to its immediate neighbors.

2. Is the living space larger than typical?
Yes. With 1,516 sqft, the living area is larger than about 85% of homes on Quayside Cove and is also above the citywide average, providing a sense of spaciousness for its setting.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the listing agent to understand the quality and functionality of the space.

4. How does the lot size benefit a buyer?
At nearly 7,000 sqft, the lot is significantly larger than most on the street and in Island Lakes. This allows more room for private outdoor living, gardening, play areas, or potential future additions, subject to local bylaws.

5. Where can I find the exact historical sale price?
The exact sold price from the October 2021 transaction is not publicly displayed in the listing data. The site provides a range but offers to send the precise figure via email upon request, which is a common practice for certain property data in the region.