Property Overview & Appeal
This well-established one-storey home on a generous 7,198 sqft lot presents a practical and comfortable living opportunity. Its key appeal lies in a balance of space, recent updates, and a stable neighbourhood setting. The fully renovated basement is a significant feature, instantly adding functional living or recreational space without the need for immediate investment. While the home itself is of average size for the area, the lot size is notably above average, offering valuable outdoor space and potential.
The property would suit first-time buyers seeking a move-in-ready home with the bonus of a finished basement, or downsizers looking for single-level living on a manageable yet spacious lot. Its assessed value consistency and recent sale history suggest a stable, predictable market value, which appeals to cautious buyers. A less obvious perspective is the home's age: built in 1966, it may appeal to those who appreciate the character and solid construction of mid-century homes, but it also warrants a close look at the condition of major aging components like the roof and plumbing.
Frequently Asked Questions
1. What does the ranking data (e.g., "Top 69% in same street") actually mean?
This data compares specific features of 419 Booth Drive against similar local benchmarks. For example, its lot size ranks in the top 69% on its own street, meaning it's larger than most of its immediate neighbours. This helps highlight the property's relative strengths, like its above-average land area.
2. How recent was the basement renovation, and what does it include?
The listing confirms the basement is renovated but does not specify the date or scope. This is a key question for a viewing, as it will determine if the work is purely cosmetic or includes updates to essential systems like electrical and moisture proofing.
3. Given the home's age, what major systems or components might need attention?
As a home built in 1966, a pre-purchase inspection is highly advisable to assess the condition of the roof, foundation, windows, and major mechanical systems (heating, electrical). Its age is not a drawback, but understanding the lifecycle of these components is crucial for budgeting.
4. How does the assessed value relate to the likely selling price?
The assessed value ($40,200) is for municipal tax purposes and is typically lower than market value. The home last sold for $40,000 in 2021, providing a recent market benchmark. The selling price will be determined by current market conditions, the home's updated condition, and buyer competition.
5. What is the neighbourhood like, and what amenities are nearby?
The home is in the Booth neighbourhood. While the listing provides comparative stats, researching local schools, parks, transit routes, and shopping would require a deeper look into community resources or a visit to the area to gauge its fit for your lifestyle.