Key Characteristics & Ideal Buyer Profile
This 1,177 sq ft home on a 7,104 sq ft lot offers standout outdoor space and solid value. Built in 1965, it sits on one of the larger lots in the area—ranking 3rd out of 54 properties on Hansford Road (top 6%) and in the top 16% city-wide. The living area is also above average locally, ranking in the top 21% of Windsor Park and top 13% on the street. While the home's assessed value is high for the neighbourhood (top 6% locally), it sits right around the city average, meaning you get a relatively strong lot and footprint without paying a premium relative to the broader market.
The appeal is practical rather than flashy. Large lots in established neighbourhoods like Windsor Park are uncommon, and this one offers room for expansions, a workshop, gardens, or simply space that newer infill homes lack. The home itself is from a solid construction era, and its ranking suggests it’s well-maintained compared to nearby peers.
This property is best suited for buyers who prioritize lot size and outdoor potential over a fully renovated interior. It would appeal to families looking for room to grow, hobbyists needing space for vehicles or equipment, or investors eyeing future development potential. Buyers who want a turnkey, modern home may find the age and layout less compelling, but those who see value in square footage and land will recognize what this offers.
Frequently Asked Questions
1. How does the assessed value compare to what I might actually pay?
The assessed value of $410,000 is above the neighbourhood average of $354,000 but close to the city-wide average of $390,000. Assessment is not a direct price guide—it’s used for tax calculations. In a strong market, sale prices can exceed assessment, while in a slower one, they may fall below. This property’s high land-to-building ratio often supports a premium over assessed value.
2. Is a 1965 home likely to have significant maintenance issues?
Homes from that era typically have good bones—solid framing and brickwork—but mechanical systems (furnace, wiring, plumbing) and insulation may be outdated. The property’s favourable rankings in its neighbourhood suggest it has been maintained reasonably well, but a pre-purchase inspection is essential to verify roof condition, foundation, and any updates.
3. What are the practical advantages of a lot this size in Windsor Park?
At 7,104 sq ft, it’s among the larger lots in the area. This allows for a detached garage or shop, a sizable yard for children or pets, and potential for a future addition or laneway suite. Windsor Park is a mature area with established trees and services—large lots here are increasingly difficult to find.
4. How does this home compare to newer infill builds in the neighbourhood?
Newer homes in Windsor Park often trade smaller lots for modern finishes and higher price tags. This property offers nearly double the lot size of many recent builds, with a lower purchase price per square foot overall. The trade-off is older systems and a layout that may not be open-concept unless renovated.
5. Are there any zoning or development restrictions that affect this property?
Windsor Park is primarily zoned for single-family residential. Before planning any major additions or secondary suites, it’s wise to check the current R1 zoning rules with the city. Given the lot size, a garage suite or modest extension may be feasible, but permits and setbacks will apply.