117 Claremont Avenue

Property Overview: 117 Claremont Avenue, Norwood West

Key Characteristics & Appeal

This home at 117 Claremont Avenue is a classic Norwood West property built in 1922, offering a blend of established character and practical metrics. With 1,428 square feet of living space, it sits comfortably within the average range for both the immediate area and the wider city, suggesting a manageable size for many households. The assessed value of $409,000 is similarly positioned around the neighbourhood average, indicating a property that is priced in line with its local market rather than being an outlier.

The appeal lies in its consistency and location within a mature neighbourhood. The lot size of 5,398 sqft is slightly below average for Norwood West but is still a generous city parcel, offering outdoor space without excessive maintenance. A thoughtful perspective is that this home represents a "middle-ground" opportunity: it’s not the largest, newest, or most expensive on the street, which can mean less competition and a more straightforward entry into a sought-after area. Its last recorded sale was between $350,000-$400,000 in mid-2017.

This property would suit a buyer looking for a character home in a central neighbourhood without the premium often attached to fully renovated or largest-lot homes. It’s a practical choice for first-time buyers moving into the area, downsizers seeking a established community, or investors attracted to a stable, historic neighbourhood.

Frequently Asked Questions

1. How does this home’s value compare to recent sales on the street?
The home last sold in June 2017 for between $350,000 and $400,000. Its current assessed value of $409,000 is slightly below the current street average of approximately $432,000, suggesting it may be positioned competitively.

2. Is the living space typical for the area?
Yes. At 1,428 sqft, it is slightly below the average for Claremont Avenue (~1,619 sqft) but very close to the Norwood West average (~1,420 sqft). It offers a standard footprint for the neighbourhood’s housing stock.

3. What should I consider about a home built in 1922?
While offering classic charm, a home of this age will likely have had various updates over time. A key priority would be to investigate the condition of major systems like plumbing, electrical, and the foundation, as well as the age of the roof and windows, to understand any upcoming capital needs.

4. Is the lot size a disadvantage?
At 5,398 sqft, the lot is slightly smaller than others on the street and in Norwood West. However, it is still a substantial size for city living, potentially offering easier upkeep while still providing private outdoor space.

5. How can I get the exact historical sold prices?
The provided sold price is a range from public data. For fully verified and exact transaction figures, you must request a manual lookup by email through the listing site, as this information is not sourced from the MLS.