39 Belcourt Bay

39 Belcourt Bay – Property Summary

Key Characteristics & Buyer Fit

This is a 1,215-square-foot home built in 1964, sitting on a notably large 9,256-square-foot lot. Its strongest feature is the land: ranked first on the street, in the top 6% of the neighbourhood, and top 8% city-wide. The house itself is around average in size for its area, with an assessed value of $376,000—slightly above the street average of $355,300 but slightly below the neighbourhood and city medians.

The appeal here is not a fully updated interior or premium square footage, but rather the scarcity of land. In a mature neighbourhood like Westwood, a lot this size is unusual and offers room for expansion, gardening, or future redevelopment. The home is decent but unremarkable for its era; the real value is in what the land allows.

This property would suit a buyer who values outdoor space and is comfortable with a home that may need updating. It’s a strong fit for someone looking to renovate, add square footage, or hold a large lot in an established area. It is less suited to buyers seeking a move-in-ready, modern home or those who prioritise interior space over land.

Frequently Asked Questions

1. How does the assessed value compare to similar homes nearby?
The home is assessed slightly above the street average ($376K vs. $355K) but just below the neighbourhood average of $392K and the citywide average of $390K. This suggests it offers good relative value for its location, especially given the lot size.

2. Is the living area small for the neighbourhood?
It’s right around average. The home’s 1,215 square feet is close to the street average of 1,227 sqft and neighbourhood average of 1,372 sqft. There is nothing notably tight or generous about the interior compared to nearby homes.

3. What does it mean that the lot is ranked first on the street?
It means this property has the largest land area of any home on Belcourt Bay. With 9,256 sqft, it is about 50% larger than the street average of 6,095 sqft. This is the standout feature and the main reason to consider the property.

4. What kind of maintenance or updates should I expect?
Given the 1964 build and average condition relative to the neighbourhood, a buyer should budget for typical mid-century home updates: mechanical systems, windows, roofing, and possibly kitchen or bathroom renovations. A pre-purchase inspection is strongly recommended.

5. Is this a good property for redevelopment or adding an addition?
The large lot certainly makes it a candidate, but local zoning, setback, and permitting rules would need to be verified with the city. The land area alone is a strong starting point, but not a guarantee. A consultation with a local architect or planner is wise before making assumptions.