Property Overview
150 Ed Golding Bay is a spacious two-storey home in Canterbury Park, built in 2011. It sits on a large 5,805 sqft lot and features over 2,000 sqft of living space, an attached garage, and a renovated basement. The home last sold in June 2021 for $490,000.
Key Features & Ideal Buyer
This home’s primary appeal lies in its modern foundation paired with generous proportions for its neighbourhood. Built in 2011, it offers contemporary construction standards without the premium of a brand-new build. The renovated basement and above-average living space provide immediate, move-in-ready functionality.
Its standout characteristic is the land size. The lot is notably larger than most in both Canterbury Park and on its own street, offering valuable outdoor space and potential. The home consistently ranks in the top tiers for lot size, living area, and assessed value compared to local peers, suggesting it is a premium property within its immediate context.
This property would best suit buyers looking for a established yet modern family home in a sought-after area, who prioritize space and a large yard. It’s ideal for those who want a home that stands out in its neighbourhood for size and condition, without needing major updates. The strong assessed value also indicates it’s a substantial asset within the local market.
Frequently Asked Questions
How does the lot size compare practically?
At 5,805 sqft, the lot is significantly larger than the Canterbury Park average (~4,807 sqft). This translates to more private backyard space, room for landscaping, gardening, or recreational additions like a deck or play structure.
What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A viewing is necessary to see the quality of the renovation, check for proper permits, and determine if it includes a bedroom, bathroom, or dedicated living space.
Is the 2021 sale price of $490k relevant today?
It serves as a key data point, but market conditions have likely changed. The current assessed value of $559,000 suggests official valuation has increased significantly since that sale, which should be considered alongside a professional’s current market analysis.
How does the year built (2011) benefit a buyer?
A 13-year-old home typically means more modern building codes, energy efficiency, and major systems (like HVAC or roofing) that are still within their expected lifespan, potentially reducing near-term maintenance costs compared to an older home.
Why are the assessed value rankings so strong?
The home is ranked in the top 4% of Canterbury Park for assessed value, meaning it is officially valued higher than 96% of area homes. This often reflects a combination of the large lot, modern build, living space, and renovations, positioning it as a higher-end home in the neighbourhood.