Here is a clean, standalone summary of the property at 22 Lismer Crescent, structured in two main sections.
Key Characteristics & Buyer Profile
This is a 1970-built home with 1,167 sq. ft. of living space on a 6,820 sq. ft. lot in the Westdale neighbourhood. Its standout feature is exceptional value relative to its immediate surroundings. While the home itself is around the city average in age and size, it ranks in the top 5% for assessed value on its street and in the neighbourhood—significantly outpacing local averages ($395k vs. a street average of $349.3k and a neighbourhood average of $307.4k). The lot is also notably generous, ranking in the top 12% within Westdale, offering more outdoor space than most nearby properties.
The appeal lies in a somewhat counterintuitive position: it’s not the newest or largest home in the city, but within its specific micro-location, it represents a high-value asset. The property appears to benefit from location and land rather than raw square footage. It would best suit a buyer who prioritizes strong land value and a desirable, established street over a large interior footprint. This is a practical pick for someone who values a solid lot in a respected area and sees the home itself as a canvas for future updates or as a stable holding.
Five Possible FAQs
1. How does the living space compare to other homes in Westdale?
It’s above average for the neighbourhood. With 1,167 sq. ft., it ranks in the top 18% of comparable homes locally, where the average is 1,029 sq. ft. Citywide, it sits near the middle of the pack.
2. Why is the assessed value so much higher than the neighbourhood average?
It ranks in the elite top 5% of Westdale for assessed value. This likely reflects a combination of the property’s location on a desirable street (ranked #2 out of 47 on Lismer Crescent) and its larger-than-average lot, rather than the home’s age or interior size alone.
3. Is the lot actually bigger than typical for this area?
Yes. At 6,820 sq. ft., it’s in the top 12% for the neighbourhood and the top 18% citywide. The average lot on the street is 6,437 sq. ft., and in Westdale it’s 5,168 sq. ft., so this property offers more outdoor space than most.
4. Is the 1970 build date a drawback compared to newer homes?
Not in this context. The home is around the average age for its street and neighbourhood, both of which have a 1971 median. It’s in solid company and isn’t an outlier in terms of vintage.
5. How does this home compare to similar listings on the same street?
It ranks #2 out of 47 homes on Lismer Crescent for assessed value and #5 out of 47 for both lot size and living area. In short, it’s one of the higher-value properties on this particular street, with a notably larger lot than most.