Property Overview
This one-and-a-half storey home on a quiet street in Bruce Park presents a solid, grounded opportunity. Built in 1950, it sits on a standard 4,654 sqft lot. The key interior space is a comfortable 1,499 sqft, which is notably above average for both the immediate street and the wider neighbourhood. A significant feature is the renovated basement, adding valuable finished living area. The home includes a detached garage.
Its primary appeal lies in its established location and the value derived from its above-average living space and modernized lower level. The data suggests a property that has been maintained and updated relative to many of its direct peers, as indicated by its elite assessed value ranking on its own street. It’s a practical home that offers more room than many in the area without the premium lot size that often commands a higher price.
This property would suit a buyer looking for move-in readiness with recent renovations, particularly in the basement. It’s ideal for someone who values interior space and updates over a massive yard, and who appreciates the character and stability of a mature neighbourhood like Bruce Park. It represents a sensible choice for a first-time buyer or a downsizer seeking a manageable property without compromising on living area.
Frequently Asked Questions
Q: How does the lot size compare to others?
A: The lot is around average for the street, neighbourhood, and city. The value here is oriented more toward the interior living space and updates rather than an exceptionally large yard.
Q: The home was built in 1950. Should I be concerned about its age?
A: While 76 years old, the data shows it is actually newer than most homes on its street and in Bruce Park. The renovated basement also indicates proactive updates. A thorough inspection is always recommended to understand the condition of core systems like plumbing, electrical, and the roof.
Q: What does the "elite" assessed value ranking on its street mean?
A: This indicates that, according to the city's assessment, this property holds a higher value than nearly all comparable homes on Bourkevale Drive. This often reflects desirable updates, condition, or attributes that the assessor has noted, such as the basement renovation.
Q: Is the detached garage a drawback?
A: This depends on preference. A detached garage offers flexibility and can be ideal for a workshop or to reduce noise in the house. For others, the convenience of an attached garage, especially in winter, is a priority. It's a feature to weigh based on your lifestyle.
Q: The last sale was in 2017. Is that unusual?
A: Not at all. A seven-year ownership period is quite common and can indicate a stable, well-cared-for home. It often means the sellers have made considered updates during their tenure, rather than flipping the property quickly.