Property Overview & Key Characteristics
This well-situated bi-level home at 1527 Leila Avenue in Amber Trails presents a compelling blend of space, location, and value. Built in 2005, it offers a renovated basement and a detached garage on a generous 3,498 sqft lot. Its key appeal lies in its strong positional metrics: the lot size ranks in the top 1% of the neighbourhood and top 7% of its street, offering above-average outdoor space for the area. The home itself, with 1,203 sqft of living space, is larger than most on its street and in Amber Trails.
The property would suit first-time buyers or growing families seeking a move-in ready home with a low-maintenance yard in a established, family-oriented community. It also appeals to value-conscious buyers who prioritize land size and a renovated basement for extra living space, over a brand-new build. A thoughtful perspective is that the high assessed value ranking on its street suggests it is seen as a premium property in its immediate area, which can be a stabilizing factor.
Frequently Asked Questions
Q: How does the lot size compare to nearby homes?
A: Exceptionally well. The 3,498 sqft lot is in the top 1% for the Amber Trails neighbourhood, meaning it offers more yard space than nearly all comparable local properties.
Q: Has the property value increased since the last sale?
A: Yes. The home sold for $36,300 in August 2019 and now has an assessed value of $43,800, indicating appreciable growth in that period.
Q: What does the "renovated basement" include?
A: The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the listing agent or during a viewing.
Q: Is the home newer or older than others in the area?
A: Built in 2005, it is newer than many homes in the wider Maples area, but is around the median age for its specific street. It offers a modern floor plan without being part of the newest construction wave.
Q: How does the living space compare to the similar-valued homes listed?
A: At 1,203 sqft, it has less above-ground living area than some similarly assessed homes in other neighbourhoods, but balances that with its larger lot and renovated basement. This highlights a trade-off between indoor square footage and outdoor space.