Property Overview & Key Characteristics
This one-storey home in The Maples is a practical and well-situated property. Its key appeal lies in its combination of a generous, nearly 6,000 sqft lot and a recently renovated basement, offering solid value and potential for personalization. The house itself, built in 1973, is of a comfortable size at just over 1,000 sqft, and features a detached garage.
The property would suit first-time buyers looking for a manageable home with a great yard, or investors seeking a stable rental in an established neighbourhood. Its rankings show it has a newer build year than most on its street and a larger-than-average lot for the area, which are less obvious but valuable advantages. The appeal is grounded in space and function rather than luxury, making it a sensible choice for those prioritizing land and foundational readiness over high-end finishes.
Frequently Asked Questions
1. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specifics on the scope, quality, and permits should be verified with the seller or a viewing. It's an important feature that adds liveable space.
2. How does the assessed value relate to the asking price?
The assessed value is $35.7k for municipal tax purposes. The asking price will be market-driven and typically significantly higher; this figure is useful for understanding property taxes, not for determining market value.
3. Is the large lot a common feature in this area?
At nearly 6,000 sqft, this lot is larger than many in The Maples and ranks well locally. It offers more outdoor space than typical for the neighbourhood, which is a standout feature.
4. What are the implications of the home's age?
Built in 1973, the major systems (roof, wiring, plumbing) may be original or partially updated. A thorough inspection is recommended to understand the condition and any upcoming maintenance typical for a home of this era.
5. How does this property compare to others nearby?
The provided comparisons show similar homes in The Maples with comparable assessed values and sizes. This home distinguishes itself with its larger lot size and newer build year relative to its immediate street, which are positive differentiators.