522 Stiles Street — Property Summary
Key Characteristics & Who It Suits
This is a 1910-built home with 1,106 square feet of living space on a 2,194-square-foot lot, currently assessed at $348,000. Its appeal lies in value relative to the immediate street rather than the broader neighbourhood or city standards. On Stiles Street, it ranks within the top 14% for assessed value—well above the street average of $294,100—while the living area is roughly in line with its street peers. However, compared to the Wolseley neighbourhood (where average homes are 1,622 sqft on 3,434 sqft lots) and citywide averages, the living area and lot size are notably smaller, and the year built is older than typical.
The property would best suit a buyer who prioritizes location over square footage or yard space—someone who values being in Wolseley, a character-rich central neighbourhood, and is willing to accept a compact footprint and older construction in exchange for a lower entry price than many nearby homes. It may also appeal to investors or renovators looking for a property with strong street-level value that could benefit from updates, though the limited land area constrains expansion.
Five Frequently Asked Questions
1. How does this home's assessed value compare to similar homes nearby?
On its own street, it’s well above average—ranked 9th out of 64 homes. Within Wolseley, it sits near the middle, and citywide it’s slightly below the median. In short: strong for the street, average for the area.
2. Is the small lot a concern?
The lot is 2,194 sqft, which ranks in the bottom 2% within Wolseley and bottom 1% citywide. If you want a large yard, this isn’t it. But for someone who prefers minimal outdoor upkeep or wants to be in a denser, walkable part of the city, the trade-off may be acceptable.
3. What does the “year built” ranking tell me?
Built in 1910, it’s older than 94% of homes citywide and slightly older than the average on its street (1912) and in Wolseley (1916). Older homes often have character but may require more maintenance, especially regarding insulation, electrical, or foundation work.
4. How does the living area compare to other homes in Wolseley?
At 1,106 sqft, it’s smaller than roughly 84% of Wolseley homes, where the average is 1,622 sqft. It’s about average for its specific street. So it’s compact by neighbourhood standards but typical for the immediate block.
5. What type of buyer would find this property a good fit?
Someone looking for a reasonably priced entry into Wolseley, who doesn’t need a lot of indoor or outdoor space, and is open to a character home from 1910 that may need updates. It could also suit someone buying for the street address or future resale potential, given its strong assessed value relative to other homes on Stiles Street.