221 Hammond Road

Property Overview

This well-maintained 1969 one-storey home in Westdale offers a practical and comfortable living space. Its key appeal lies in a balanced combination of a generous, above-average lot (5,776 sqft), a recently renovated basement, and a solid, modern build date relative to its immediate street. With 1,040 sqft of living space, it sits comfortably in the middle range for the area, suggesting a manageable size for upkeep. The home’s assessed value is consistent with the neighbourhood, indicating a fair market position.

It would suit first-time buyers or downsizers looking for a single-level layout with a move-in-ready basement space. The large lot is a significant asset for those valuing outdoor privacy, gardening potential, or future expansion, setting it apart from properties on smaller parcels. Its appeal is grounded in being a straightforward, no-frills home in a stable area, offering more outdoor space than many modern lots without the premium price of a newer build.

Frequently Asked Questions

Q: How does the lot size compare to others in the area?
A: The lot is 5,776 sqft, which ranks in the top 35% on its own street and top 58% in the wider Westdale neighbourhood. This is a notably larger-than-average parcel for the area, offering more yard space.

Q: Has the home been updated recently?
A: The listing specifically notes a renovated basement, which is a key modernized feature. The year built (1969) is newer than most on its street (top 2%), suggesting potentially better foundational materials than older homes, but the main living areas may retain original character.

Q: What type of buyer is this home best suited for?
A: It’s an ideal fit for buyers seeking a single-level layout, such as first-time homeowners or those downsizing. The large lot and renovated basement add valuable flexibility for living space, hobbies, or storage.

Q: Is the assessed value a good indicator of the listing price?
A: The assessed value ($32.5k) is a municipal figure for tax purposes and is typically far below market value. It’s useful for comparing relative worth against similar homes (like the provided comparisons) but does not reflect the current sale price.

Q: How does this home compare to others on the street?
A: It ranks highly for its newer build year (top 2% on the street) and has a larger-than-average lot. Its living space and assessed value are near the median for the street, indicating it’s a very representative, if not slightly advantaged, property on this block.