144 Ash Street – Property Summary
Key Characteristics & Buyer Profile
This is a 1926 home with 2,691 sqft of living space on a notably large 12,010 sqft lot. The property ranks in the top 2% citywide for both living area and assessed value ($841k), and the lot is in the top 2% on its street—placing it among the larger parcels in an already established neighbourhood. The year built is older than average, even by Wellington Crescent standards, which means the house likely carries some original character but also potential maintenance demands.
The appeal lies in the land. The lot ranks 8th out of 356 homes on Ash Street, putting it in an elite tier for its immediate surroundings. The assessed value is strong relative to the street (top 7%), but only around average within the broader Wellington Crescent area—suggesting the home’s value comes more from its location and property size than from a fully updated interior or recent construction.
This property would suit a buyer who values land and location over turnkey finishes. It could work well for someone planning a renovation or expansion, or for a family who wants generous outdoor space in a well-regarded neighbourhood without paying for a newer build. It’s less ideal for someone seeking a move-in-ready home with modern systems and minimal upkeep.
Frequently Asked Questions
1. How does the living area compare to other homes nearby?
At 2,691 sqft, this home is well above the street average of 1,605 sqft and the citywide average of 1,342 sqft. Within the Wellington Crescent neighbourhood, it sits in the top 28%—a strong showing, though not the largest in the area.
2. The year built is 1926—does that mean expensive repairs?
Older homes often have solid construction but may need updates to electrical, plumbing, insulation, or roofing. Because this property’s assessed value is on par with the neighbourhood average, the interior may have been updated at some point, but it’s worth confirming the age of major systems. A thorough inspection is advisable.
3. What makes the lot size significant?
At 12,010 sqft, the lot is more than double the average for Ash Street and among the top 2% citywide. In a mature neighbourhood like Wellington Crescent, large lots are uncommon and often command a premium. This size offers room for gardens, additions, or a future garage or laneway suite—subject to zoning.
4. Why is the assessed value only “around average” in the neighbourhood despite the large lot?
Assessed value reflects both land and improvements. While the lot is large, the home itself is nearly 100 years old. Other homes in Wellington Crescent may have larger living areas, more recent renovations, or higher-grade finishes—factors that can push their assessed values above this property, even on smaller lots.
5. What kind of buyer would get the most out of this property?
A buyer who appreciates older character and wants a deep lot in a well-regarded area—and who has the budget for potential updates—would be a good fit. It could also appeal to someone looking to build or renovate over time, rather than buying a fully finished home. Families who prioritize outdoor space and a quiet street may also find it compelling.