1459 Bannatyne Avenue W – Property Summary
Key Characteristics & Buyer Profile
This 1913-built home in the Weston neighbourhood offers 1,228 square feet of living space on a 2,651-square-foot lot. Its appeal is rooted in solid value relative to the neighbourhood. While the house is a century old (placing it among the older 10% citywide), its assessed value of $215,000 is above the Weston average ($184,700) and sits comfortably in the top quarter of the area. That combination—older construction but above-average local valuation—suggests a property that has been reasonably maintained or updated, without commanding a premium price.
Where it stands out less is lot size. At roughly two-thirds the typical street frontage in the area, this isn't a property for someone looking for a large yard or expansion space. The living area is close to the street average, but notably larger than the neighbourhood median—meaning the house itself is a bit more generous than many nearby.
This would suit a buyer who prioritizes location affordability over space outdoors, and who values being in an established neighbourhood with older character homes. It's less suited for someone seeking a "fixer-upper on a big lot" or a modern suburban floor plan. A first-time buyer looking for an honest, modest house at a realistic price in Weston—without paying a premium for a large property—is the natural fit.
Five Possible FAQs
1. How does the assessed value compare to similar homes nearby?
The assessed value is $215,000, which is slightly above the street average of $210,600 and about 16% above the neighbourhood average of $184,700. Citywide, it falls well below the average of $390,100, reflecting both the neighbourhood's price level and the smaller lot size.
2. Is the older age (1913) a concern?
The home is among the older quarter of properties in Weston and the older 10% citywide. That said, its assessed value holding above the neighbourhood average often indicates that major systems (roof, electrical, plumbing) have been updated at some point. A home inspection should focus on the foundation, knob-and-tube wiring remnants, and lead paint—common concerns for homes of this era.
3. Why is the lot considered small?
At 2,651 square feet, the lot is about 68% of the average size on the street and 40% of the citywide average for comparable homes. In a neighbourhood like Weston, where many lots are closer to 3,200–4,000 square feet, this is a noticeable difference. The smaller yard means less maintenance, but also less room for additions, a garage, or gardening.
4. How does the living space compare to other homes in the area?
It's 1,228 square feet, which is slightly above the street average (1,150) and well above the Weston neighbourhood average (936). Citywide, it falls near the midpoint. So the home offers more interior space than typical for the immediate area, which is a practical advantage.
5. What type of neighbourhood is Weston for resale?
Weston is an older, established area with a mix of single-family homes and some rental properties. Its ranking—top 23% in assessed value among neighbourhood groups—suggests a stable, not declining, market. The property's smaller lot and older age may limit appreciation compared to larger-lot homes, but its price point keeps it accessible. Buyers should check recent sales on Bannatyne Avenue W specifically to gauge street-level demand.