101 Westgrove Way – Property Summary
Key Characteristics & Buyer Profile
This is a 1971-built home with 1,012 sqft of living space on a 1,732 sqft lot, currently assessed at $207,000. Its standout feature is the year built: it ranks in the top 5% on Westgrove Way for newer construction, which is unusual in a street where the average home was also built in 1971 but where many homes are older. The living area is slightly above the street average of 935 sqft, but noticeably below the citywide average of 1,342 sqft. The lot is compact—among the smallest in the Westdale neighbourhood and in the bottom tier citywide. The assessed value is well below both the neighbourhood median ($307,400) and the city median ($390,100), which suggests the property is priced for its size and location rather than for premium finishes or a large yard.
The appeal here is pragmatic: it offers a modest, well-maintained footprint in a desirable older neighbourhood (Westdale) without the premium price tag. It’s likely to suit first-time buyers, downsizers, or investors looking for a lower-cost entry into an established area. The small lot and lower square footage mean less upkeep, but also limited room for expansion or outdoor living. Someone who values location over square footage—and who isn’t looking for a large garden or high-end finishes—would find this property a sensible fit.
Frequently Asked Questions
1. How does this home’s assessed value compare to others nearby?
It’s below average. On Westgrove Way, it ranks in the middle (top 45%), but in the broader Westdale neighbourhood it’s in the bottom 5% for value. Citywide, it’s in the bottom 10%. The low assessment reflects the smaller living area and land size compared to typical homes in the area.
2. Is the small lot a drawback in this neighbourhood?
It depends on your priorities. The lot is 1,732 sqft, which is well below the Westdale average of 5,168 sqft. If you want a large garden, space for a garage, or room to add an extension, this property won’t suit. But if you prefer low-maintenance outdoor space and a more compact footprint, the small lot is actually an advantage—less mowing, less snow clearing, and lower utility costs.
3. Why is the living area ranked higher on the street than in the city?
On Westgrove Way, the average home is only 935 sqft, so this property’s 1,012 sqft is above the street median (top 17%). But citywide, the average for comparable homes is 1,342 sqft, so by that broader measure it’s below average. The ranking shifts depending on the reference group—street-level comparisons favour this home; citywide comparisons don’t.
4. What does the “top 5%” ranking for year built actually mean?
It means the home is newer than 95% of the other properties on Westgrove Way. The street average is 1971, but many homes in the area were built earlier. Being from 1971 puts it on the newer side within this immediate pocket of Westdale, which can be a selling point for buyers who want something more recent without paying for a new build.
5. Is this property a good candidate for renovation or expansion?
Probably not without significant cost. The land area is small and ranks in the bottom 5% of the neighbourhood and bottom 1% citywide. Adding square footage would be challenging, and any renovation would need to work within the existing footprint. It’s more realistic to view this as a live-in-ready home where upgrades would focus on interiors (kitchen, bathrooms, finishes) rather than structural additions.