Property Overview & Appeal
This 1905 two-and-a-half storey home in Wolseley offers a classic character footprint on a generously sized lot. Its key appeal lies in its established location and the solid foundation it provides for a personalized renovation. The 1,813 sqft living area is above average for the immediate street, and the 2,602 sqft land parcel is notably large, ranking in the top 3% for Maryland Street, presenting valuable outdoor space or future potential in a mature neighbourhood.
The home suits a specific buyer: someone seeking a primary residence with authentic early-1900s architecture who is prepared for a project. The appeal is not in move-in readiness—the basement is noted as unrenovated and there is no garage—but in the opportunity to restore and customize a historic property on a desirable lot. It’s a fit for a hands-on buyer, an investor looking for a long-term hold in a character area, or a family valuing space over immediate modern finishes. A thoughtful perspective is that the assessed value ranks higher locally than city-wide, suggesting the property’s inherent value is particularly recognized within its community context.
Frequently Asked Questions
1. What does "two-and-a-half storey" mean for this home?
This is a classic architectural style common for the era, typically featuring two full floors of living space plus a smaller top floor (often with sloped ceilings) that can be used as additional bedrooms, a study, or storage.
2. The basement is noted as "not renovated." What should I expect?
You should anticipate a functional but unfinished space. It likely has the home’s core mechanical systems (furnace, water heater) and provides storage or laundry area, but it will not have developed living spaces like a rec room or finished walls.
3. How significant is the lot size?
At 2,602 sqft, the lot is a standout feature. It's substantially larger than many in the area, offering more private yard space, better natural light around the home, and potential for landscaping, gardening, or future additions, subject to local bylaws.
4. The home was built in 1905. Are there major concerns with a house this old?
While the structure has proven its durability, a pre-purchase inspection is essential. Key focuses should be the foundation, roof, wiring, plumbing, and insulation. The charm comes with the responsibility of maintaining and updating century-old systems.
5. There's no garage. What are parking options?
The property likely relies on on-street parking. Buyers should verify the specific street parking regulations with the city, including any permit requirements or seasonal restrictions, to understand daily convenience.