12 Peterboro Bay – Property Summary
Key Characteristics & Buyer Profile
This is a well-positioned bungalow in Windsor Park, built in 1963, with a living area of 1,453 square feet on a 6,300-square-foot lot. Its standout feature is size—both the house and the lot are larger than average for the street and the neighbourhood. The living area ranks in the top 14% on Peterboro Bay and top 6% in Windsor Park, while the land area is in the top 11% on the street and top 25% citywide. The assessed value of $393,000 is slightly above the street and neighbourhood averages, though it sits close to the citywide median—meaning you get more space per dollar compared to the broader market.
The appeal here is practical rather than flashy. It’s a solid, mid-century home on an above-average lot in a stable, established area. The year built is around average for the street and city, so it lacks the “newer home” premium but also isn’t unusually old for the neighbourhood. This property would suit buyers who prioritize interior and yard space over a fully updated or trendy finish. It’s a strong fit for families looking for room to grow, hobby gardeners, or anyone wanting a home that offers good square footage without paying a citywide premium. It also works well for value-conscious buyers who are comfortable with some updating down the line.
Frequently Asked Questions
1. How does this property compare to others in Windsor Park?
It’s well above average for the neighbourhood in both living area and lot size. The assessed value is also above the neighbourhood average, but because the home is larger, the price-per-square-foot is relatively competitive. It’s not the newest house in the area, but it’s newer than many nearby homes.
2. Is the assessed value of $393,000 a reliable indicator of market price?
Assessed value is based on municipal data and doesn’t always match current market conditions, but it provides a useful benchmark. Here, the value is slightly above the street average but roughly in line with the citywide median. It suggests the home is priced fairly for its size, without a noticeable location premium.
3. What does the lot size of 6,300 square feet mean in practice?
It’s a generous city lot—larger than most on the street and in the neighbourhood. You’d have room for a decent backyard, a garden, or even a future addition, subject to zoning. It’s not oversized to the point of feeling unmanageable, but it offers more flexibility than standard suburban lots.
4. How does the age of the home (1963) affect things practically?
Homes from this era often have solid construction and good bones, but mechanical systems (furnace, roof, windows, plumbing) may be original or near end-of-life. The property’s year-built rank is average for the street, so it’s not unusually old for the area, but a home inspection and a check of recent upgrades are strongly recommended.
5. Who would this property not be a good fit for?
Buyers seeking a move-in-ready home with modern finishes throughout may be disappointed unless significant updates have been made. It’s also less suitable for someone who wants a low-maintenance yard or a home in a newer subdivision with higher citywide resale rankings. The location and size are practical, not trendy.