Property Overview & Key Characteristics
This two-storey home at 3 Cummings Crescent in River Park South presents a compelling blend of space, established value, and a renovated foundation. Built in 1989, its primary appeal lies not in being brand new, but in offering well-above-average living area (2,169 sq ft) on a generous lot (5,820 sq ft). The home ranks in the top tier of its immediate street and neighbourhood for both size and municipal assessed value, suggesting it is a substantial and recognized asset within the community.
Its key features include a renovated basement and an attached garage. The appeal is grounded in its position as a larger, established family home in a mature neighbourhood, offering room to grow without the premium of a newly built property. It would suit practical buyers—growing families or those seeking ample indoor and outdoor space—who value a home that has been updated where it counts (the basement) and are comfortable with a property that offers good bones and potential for personalization over a turn-key modern build. A thoughtful perspective is that while the year-built rank is average, the exceptional rankings for living area and value indicate this specific home has been a standout in its peer group for size and investment stability over time.
Frequently Asked Questions
Q: How does the assessed value compare to similar homes?
A: The assessed value of $55,600k ranks in the top 11% of the neighbourhood and top 8% on its street, indicating it is consistently valued higher than most comparable properties in the area.
Q: Is the home unusually large for the area?
A: Yes. With 2,169 sq ft of living area, it ranks in the top 5% of the River Park South neighbourhood and is the largest home on its street (top 4%), making it a notably spacious offering.
Q: What does the "renovated basement" include?
A: The provided details confirm the basement is renovated but do not specify the scope. This would be a key point to clarify with the listing agent to understand the finish, layout, and permitted uses.
Q: The home is 37 years old. What should I consider?
A: While the basement is renovated, a home of this age may have original or aging major components like the roof, windows, or HVAC system. Its above-average rankings for size and value are positive, but a thorough inspection is always recommended.
Q: How does the lot size compare?
A: The lot is a substantial 5,820 sq ft, ranking in the top 27% of the neighbourhood. This offers significant outdoor space compared to many newer subdivisions, a key feature for those prioritizing yard size.