362 Bridgeland Drive N

Property Overview: 362 Bridgeland Drive N, Bridgwater Forest

Section 1: Key Characteristics & Appeal

This well-maintained one-storey home in the popular Bridgwater Forest community offers a practical and modern living space. Its key features include a fully renovated basement, an attached garage, and a generous 4,063 sqft lot, providing ample outdoor space—a notable advantage in a newer neighbourhood. Built in 2009, the home balances being established with having many years of modern systems and finishes ahead of it.

The appeal lies in its solid foundation and potential. The renovated basement adds immediate functional space, while the large lot offers room for gardens, play, or future expansion. The property presents a strong value proposition, with its current assessed value significantly higher than its last sale price in 2021, suggesting substantial equity growth. It ranks highly for its lot size and value within its immediate street, offering a sense of relative standing in a desirable area.

This home would suit first-time buyers or downsizers seeking single-level living without sacrificing yard space. It’s also a prudent choice for value-oriented buyers who appreciate a move-in-ready basement and the stability of a home past its initial settling phase, but still modern enough to avoid major near-term renovations.

Section 2: Frequently Asked Questions

1. How does this home compare to others in Bridgwater Forest?
The data shows a mix: while its lot size is larger than most on its street, the living area is moderately sized compared to the wider neighbourhood. Its assessed value is stronger than 38% of area homes, positioning it as a solid, mid-range property in the community.

2. What does the "renovated basement" typically include?
The listing confirms the basement is renovated, but specifics on finishes, layout, and whether it includes a legal suite or additional bedrooms should be verified with the listing agent, as these details significantly impact utility and value.

3. Is the 2021 sale price relevant today?
The sale price of $451,500 from 2021 is primarily useful for understanding the owner’s equity position. The current assessed value of $530k provides a more contemporary benchmark, though the final market price is determined by current conditions and buyer competition.

4. What are the less obvious considerations for a 2009-built home?
A home of this age is likely due for proactive maintenance on original components like the roof, HVAC system, and major appliances. This isn't a drawback, but it’s a sensible budgeting consideration that differs from both brand-new and much older homes.

5. How is the walkability and access to amenities?
Bridgwater Forest is a master-planned community with pathways and parks. Access to specific amenities like schools, shopping plazas, and transit routes should be investigated directly, as convenience can vary within different sections of the neighbourhood.