Property Overview: 82 Quayside Cove, Island Lakes
Key Characteristics & Appeal
This two-storey home at 82 Quayside Cove presents a balanced and practical offering in the established Island Lakes neighbourhood. Built in 1989, its age is an advantage on its street, ranking newer than most comparable homes nearby. With 1,348 sqft of living space and a renovated basement, it provides functional space for a household. The attached garage and a land size just under 5,000 sqft are standard for the area.
The primary appeal lies in its position as a solid, middle-of-the-road property within its immediate community. Its assessed value and living area are both very close to the averages for Quayside Cove itself, suggesting it fits seamlessly into the street’s character without over or under-performing. This consistency can be reassuring. A thoughtful perspective is that the renovated basement adds modern utility to a late-80s build, potentially offering a move-in-ready lower level without the premium of a fully updated main floor.
This home would suit first-time buyers or downsizers looking for a stable entry into a mature, amenity-rich neighbourhood like Island Lakes. It’s also a sensible fit for pragmatic buyers who value neighbourhood cohesion over standout luxury, preferring a home that is typical and well-positioned on its own street rather than being the largest or newest in a wider area.
Frequently Asked Questions
1. How does this home truly compare to others in Island Lakes?
While its size and value are around the city-wide average, within the Island Lakes area specifically, the home’s living space is more generous than nearly 80% of comparable listings, but its assessed value is in the lower 8%. This may indicate good interior space for the price within the neighbourhood.
2. Is the lot size a drawback?
The land area is smaller than most on Quayside Cove and in Island Lakes. For buyers prioritizing large outdoor space for gardening or expansion, it’s a consideration. For those seeking lower maintenance, it could be an advantage.
3. What does the sold price history show?
Public records indicate a sale in August 2020 in the $325,000-$355,000 range. For the exact sale price, you can request details via email from the listing source.
4. What are the implications of the 1989 build year?
Being built in 1989 means major components like the roof, windows, and heating system may be nearing or have undergone key replacement cycles. A pre-purchase inspection is advised to clarify the condition and update timeline for these elements.
5. Who are the most direct comparable properties?
The listing suggests homes with a similar assessed value (like those on Woodchester Bay or in Elmhurst) as financial comparables. For a true neighbourhood comparison, looking at recent sales on Quayside Cove itself would be most relevant.