1-130 Ethelbert Street – Property Summary
Key Characteristics & Buyer Profile
This is a 1912 home in Wolseley with 2,637 square feet of living space—well above average for its street, neighbourhood, and city. It ranks in the top 8% on Ethelbert Street for size, and in the top 3% across Wolseley. The lot is 3,821 square feet, slightly smaller than the citywide average but on the larger side for the immediate area. The assessed value sits at $452,000, which is close to the street average but notably higher than the neighbourhood and city medians.
Where this property stands out is interior space relative to its surroundings. In a neighbourhood like Wolseley, where many homes are under 1,700 square feet, this offers something closer to a family-sized floor plan without leaving a historic, walkable area. The land, while modest by suburban standards, is above average locally—suggesting a practical yard rather than an oversized lot.
The appeal here is not about new construction or maximum land size. It's about space per square foot in a mature, central neighbourhood, with a home that fits the character of the street. This would suit buyers who want square footage without moving to the outskirts—people who value layout and room count over a brand-new build, and who understand that older homes often come with higher upkeep but more distinctive architecture. It’s less suited to someone looking for a turnkey modern home or a large yard for additions.
Frequently Asked Questions
1. Is this home a tear-down or a renovation candidate?
At 1912, the house is older than the local average but not unusually old for Wolseley. The data doesn’t specify condition, but the high living-space ranking suggests it’s a substantial, intact structure. Whether it needs updating depends on past renovations, not just age. Buyers should verify systems and permits.
2. How does the lot size affect potential for expansion?
The lot is 3,821 square feet—above average on the street and in Wolseley, but below the citywide median. That means there’s room for modest additions or a garage, but not for a large-scale extension. City zoning and heritage considerations in Wolseley may also limit changes.
3. Why is the assessed value higher than the neighbourhood average but close to the street average?
The street has larger-than-average homes, which pulls its median assessment up. The neighbourhood includes smaller, lower-valued properties, so by comparison this home is above the neighbourhood norm. The assessment reflects its size and location, not necessarily recent upgrades.
4. How does this property compare to newer homes in the same price range?
Newer homes at this price point tend to be smaller and on larger lots, often outside central neighbourhoods. This property trades land size and modern finishes for interior square footage and a location in an established, walkable area. It’s a different trade-off—more house, less yard.
5. What should a buyer check beyond the data?
The data covers size, value, and age rankings, but not structural condition, insulation, windows, wiring, plumbing, or roof. In a 1912 home, these can vary widely. Also worth checking: whether the home is in a heritage conservation district, which can affect renovation options and timelines.