Property Overview & Key Characteristics
This 1973 three-level split home in The Maples sits on a large, approximately 5,844 sqft lot. Its key features include 1,076 sqft of living space and a renovated basement. The home lacks a garage or pool. Its appeal lies in the combination of a spacious, family-friendly lot—which is larger than many in the immediate area—and the value-added potential of a finished lower level. The property ranks as newer than most on its street, offering a relative advantage in the neighbourhood for its age.
It would suit first-time buyers or practical investors looking for solid fundamentals over flashy finishes. The large lot is a standout for families or anyone valuing outdoor space, while the renovated basement adds immediate functional living area. The stats suggest a property that is competitively positioned within its local market, not a top-tier standout but a consistent performer, making it a sensible choice for value-focused purchasers.
Frequently Asked Questions
1. How does the lot size compare to others nearby?
At 5,844 sqft, the lot is notably larger than many in the area, ranking in the top half of the street. This is one of the property's strongest assets.
2. What does "renovated basement" typically mean in a home of this age?
While specifics require a viewing, in a 1973 split-level, this often means updated living space in the lower level, possibly with newer flooring, drywall, and lighting, adding usable square footage.
3. Is the lack of a garage a significant concern?
It depends on buyer needs. Many homes in the area lack garages. The large lot does offer potential for future addition or shed storage, which is a point to consider.
4. The home last sold in early 2021. What does that recent sale history indicate?
It suggests the current owners have held the property for a relatively short period. Understanding their reason for selling would be important, though market conditions have shifted significantly since 2021.
5. How does the assessed value relate to the asking price?
The assessed value is a municipal figure for tax purposes and is often lower than market value. It's a useful benchmark for comparing similar properties, as seen in the listed comparables, but the listing price will reflect current market conditions.