47 Bittersweet Bay – Property Summary
Key Characteristics & Who It Suits
This is a 1956-built home with 1,075 square feet of living space on a notably large 6,992-square-foot lot. The assessed value sits at $374,000.
Its main strength is the lot. It ranks in the top 18% on its own street, top 13% in the Windsor Park neighbourhood, and top 17% citywide for lot size. That’s genuinely uncommon in this area. The living area is essentially average for the street and neighbourhood—nothing standout, but not a drawback either. The year built is also typical for the street, though slightly older than the neighbourhood average.
The appeal here is not a move-in-ready showpiece. It’s the land. For a buyer who values outdoor space, a larger yard, or possibility for future expansion, this property offers something many nearby homes don’t. It would suit someone willing to update or renovate, or a buyer who prioritises lot value over modern finishes. It’s less suited to someone seeking a turnkey home with contemporary square footage.
Five Possible FAQs
1. How does the lot size compare to other homes in Windsor Park?
It’s above average. The property ranks in the top 13% of the neighbourhood for lot size, which means most nearby homes sit on smaller parcels. That’s a real differentiator in this area.
2. Is the living space small for a 1950s home?
It’s slightly below the citywide average for comparable homes (1,342 sqft), but right in line with other houses on Bittersweet Bay. It’s not unusually small for the era or the street—just typical.
3. What does the assessed value tell me about the property’s condition?
The assessed value is above average for both the street and neighbourhood, which suggests the home has held its value relative to its peers. However, assessment doesn’t directly reflect cosmetic updates or deferred maintenance—it’s a market-value proxy.
4. How old is the home, and is that a concern?
Built in 1956, it’s typical for the street but older than the Windsor Park average (1961). Homes from that era often need updated mechanicals, windows, or insulation. The age itself isn’t unusual, but a pre-purchase inspection is wise.
5. Would this property be a good investment for future development?
The lot size is the main asset. It ranks in the top 17% citywide, which is uncommon for an infill area. That could matter if zoning or lot-splitting rules change, but no assumptions should be made without checking current municipal regulations. It’s a land play, not a structure play.