80 Campbell Street – Property Summary
Key Characteristics & Buyer Profile
This 1923 home offers 1,660 square feet of living space on a 5,705-square-foot lot, with an assessed value of $520,000. The property performs well at the street and citywide levels but sits below average within the Wellington Crescent neighbourhood, which tends toward larger homes and lots. On Campbell Street specifically, it ranks in the top 17% for both living area and assessed value, and top 48% for land size—indicating strong relative value within its immediate surroundings. Citywide, it outperforms most homes in size and value, ranking in the top 23% for living area and top 17% for assessed value.
The appeal here is subtle. Buyers get a property that feels substantial relative to what’s typical on the street and across the city, without the premium attached to larger Wellington Crescent estates. It suits someone who wants a solid older home in a desirable area but isn’t chasing maximum square footage or land—someone who values location credibility and comparative value over sheer size. The 1923 build means character, but also likely older systems and layout quirks; this is a home for a buyer comfortable with, or interested in, the realities of an older property.
Frequently Asked Questions
1. How does this property compare to others on the same street?
It ranks in the top 17% for both living area and assessed value, and around average for land size. On Campbell Street, it’s above average overall—a relatively strong performer among its immediate neighbours.
2. Why is it below average in the Wellington Crescent neighbourhood?
The neighbourhood average for living area is 2,343 sqft and land size is 9,488 sqft, both significantly larger than this property. The home is modest relative to the broader area, which is known for larger lots and houses. This doesn’t mean it’s a weak property—it just occupies a different tier within the same postal zone.
3. What does “assessed value” actually mean for a buyer?
It’s the city’s estimate of market value for property tax purposes, not a list price or appraisal. A $520,000 assessment here is above the street average ($436,900) and citywide average ($390,100), but well below the neighbourhood average ($805,600). It suggests the property is priced appropriately for its size and location, but not overvalued relative to the wider market.
4. Is a 1923 home a risk or an opportunity?
It depends on the buyer. Older homes often have better materials and craftsmanship than modern builds, but they also come with older wiring, plumbing, insulation, and foundation considerations. The year-built ranking (bottom 14% citywide) confirms this is genuinely old, not a recent replica. A thorough inspection is non-negotiable.
5. Who would this property not suit?
Buyers expecting a large lot or expansive living space typical of Wellington Crescent may feel the property is undersized for the area. Similarly, anyone wanting a turnkey, low-maintenance newer home should look elsewhere. It’s best for someone who values street-level performance and citywide value over neighbourhood bragging rights.