Property Overview: 71 Desjardins Drive, Island Lakes
Key Characteristics, Appeal & Ideal Buyer
This 1989 four-level split home in Island Lakes offers a practical layout with 1,522 sqft of living space and a renovated basement. Its key characteristic is balance: it sits comfortably in the middle of the pack for its immediate street and neighbourhood in terms of size and age, but stands out with an above-average, generous lot of 6,506 sqft. This presents a grounded value proposition—you’re getting more outdoor space than many homes in the area, which is a lasting asset. The home’s assessed value is notably below the neighbourhood average, which can signal different things; for a savvy buyer, it might represent an entry point into a well-established area or suggest room for value growth through updates.
The appeal lies in its established community setting and the potential inherent in a larger lot and a basement that’s already been updated. It suits first-time buyers or young families looking for a foothold in a mature neighbourhood with room to grow outdoors. It would also suit a value-conscious buyer who prefers a home that isn’t at the top of the market price for the area, allowing budget for personalization.
Frequently Asked Questions
1. Is the below-average assessed value for the neighbourhood a concern?
Not necessarily. It primarily affects property taxes, which could be a relative advantage. It often reflects the home’s specific update history and market positioning compared to neighbours, not the condition.
2. What are the advantages of a four-level split layout?
This style naturally separates living spaces, offering more privacy between bedrooms and common areas than a traditional two-story. However, it involves more stairs, which is a consideration for mobility.
3. The lot is larger than average for the street. What does that mean practically?
It provides more private outdoor space for gardening, play, or entertaining. It can also offer more flexibility for future additions like a deck or shed, subject to city bylaws.
4. How does the home’s age (1989) impact maintenance?
Homes from this era are typically past major initial system failures but are entering the period where original components like the roof, windows, or major appliances may need planned replacement or upgrading.
5. The home sold in 2023 and is back on the market. Should I be wary?
Not inherently. Short ownership periods can happen for many life-change reasons (job relocation, family needs). It’s a point to discuss with your agent to understand the context, but not an automatic red flag.