Here is a clean, standalone summary of the property at 1 Greenmount Road, organized into the two sections you requested.
Key Characteristics & Buyer Profile
This home is a 1962 build with 1,440 sq. ft. of living space on a 6,115 sq. ft. lot. Its strongest feature is the lot size and its position on the street. The lot is ranked #3 out of 24 homes on Greenmount Road (top 13%), meaning it is noticeably larger than most of its immediate neighbours. The living space is also above average for the street and neighbourhood, ranking in the top 17% on the street and top 7% in Windsor Park. While the home is older, it is the oldest on the street (rank #1), which could appeal to buyers looking for a property with original character or one that has already been updated. The assessed value sits around the middle for the street, neighbourhood, and city, suggesting the price is not inflated by the larger lot or living area.
The appeal here is less about a turn-key, move-in-ready home and more about the land and location. The above-average lot and living space within a well-ranked neighbourhood (Windsor Park, top 7% for living area) offer strong underlying value. This property would suit a buyer who is comfortable with a project home or who sees the potential in a solid, older structure on a desirable street. It is less suited for someone seeking a modern, low-maintenance purchase in a premium price bracket, as the assessment data suggests it sits in the middle of the market.
Frequently Asked Questions (FAQs)
1. How does the lot size here compare to other homes in the area?
It is significantly larger than most on the street (ranked #3 out of 24) and above average for the city as a whole. For buyers who prioritize outdoor space, privacy, or future expansion potential, this is the home's standout feature.
2. The home was built in 1962. Is that considered old for this street?
Yes, it is the oldest house on Greenmount Road. While that might raise questions about maintenance, it also means you are buying into a street with mostly newer construction, which can be a good thing for long-term neighbourhood value. It is worth investigating what updates have been done, as the assessment does not reflect interior condition.
3. How is the property priced relative to its neighbours?
The assessed value is around average for the street and neighbourhood. This is interesting because the home has a larger lot and more living space than most of its neighbours, yet the assessment does not place it at the top. This could indicate the home needs work, or that the market values the street’s newer builds more highly.
4. What does the "Windsor Park top 7%" ranking mean for living area?
It means this home is among the largest in the neighbourhood by interior square footage. For buyers who need room for a family, a home office, or simply prefer generous room sizes, this is a key advantage compared to other properties in the same area.
5. What is the single most important thing to verify before making an offer?
The data shows this is a home with strong bones (lot, size, location) but average pricing and an older build. The most important thing to verify is the actual condition of the major systems—roof, mechanicals, foundation, and windows. The property’s value is in the land and space; its condition will determine whether it is a smart buy or a costly project.