49 Burning Bush Bay – Property Summary
Key Characteristics & Buyer Profile
This is a 1,132 sqft home built in 1956, sitting on a 6,003 sqft lot in Windsor Park. The assessed value is $355,000.
The property sits in a middle ground across most metrics. It’s slightly smaller than the citywide average for comparable homes (1,342 sqft), but larger than the Windsor Park neighbourhood average (1,091 sqft). On its own street, Burning Bush Bay, it ranks around the middle—23rd out of 47 homes for size.
The lot is where this property stands out most. At 6,003 sqft, it outperforms 61% of lots citywide. That’s a meaningful advantage in a market where larger lots are increasingly rare. The home itself is older than most in the neighbourhood—built in 1956, compared to the Windsor Park average of 1961—but that’s not unusual for the street, where the average construction year is also 1956.
The assessed value aligns closely with both the street and neighbourhood averages, suggesting the price reflects the local market fairly. There’s no obvious premium or discount baked in.
Who it suits: This home would work well for buyers who want more outdoor space than a typical suburban lot offers, without paying a premium for a move-in-ready newer build. It’s a realistic option for someone who values land and is comfortable with a home that may need updates. Families looking for room to expand or garden, or buyers who prefer a quieter street with character homes, would find this practical. It’s less suited to someone seeking a turnkey modern property or a home that’s above average in size.
Five Possible FAQs
1. How does the assessed value compare to similar homes?
The assessed value of $355,000 is slightly below the street average ($361,100) but above the neighbourhood average ($354,200). Citywide, it falls 9% below the average for comparable homes ($390,100). In short, it’s priced in line with its immediate area, not above.
2. Is the lot size a real advantage, or standard for the area?
It’s a clear advantage. The lot ranks in the top 31% citywide, and it’s also above average for both the street and neighbourhood. In Windsor Park, where many lots are under 6,000 sqft, this gives you noticeably more outdoor space.
3. The home was built in 1956—should that be a concern?
The age is typical for the street but older than most homes in Windsor Park (average 1961). That means the home may have original systems or materials worth inspecting. However, an older home on a larger lot often means better bones and more room to renovate than a newer home on a smaller lot.
4. Where does this property rank relative to others in the city?
For living area: top 57%. For lot size: top 31%. For assessed value: top 52%. The lot is the standout metric; the living area and value are close to the city median. The home itself is not exceptional in size or price, but the land is.
5. What makes this property different from others in Windsor Park?
The larger lot is the main differentiator. Many homes in the neighbourhood were built slightly later (early 1960s) on smaller parcels. This property offers more outdoor potential and a street that’s more consistent in age, which can mean a more cohesive look and feel—but also possibly older infrastructure.