Property Overview & Key Characteristics
This 1974-built, three-level split home at 156 Allenby Crescent in Canterbury Park offers a practical layout on a notably spacious lot. Its key appeal lies in the combination of a renovated basement, a detached garage, and a land size that is well above average for both the immediate street and the neighbourhood. With 5,099 sqft of land, the property ranks in the top 30% locally, providing ample outdoor space uncommon in the area.
The home itself, with 1,032 sqft of living space, is moderately sized and suits first-time buyers, downsizers, or investors seeking a solid entry into a stable neighbourhood. Its assessed value is strong for the street, suggesting good underlying value. A thoughtful perspective is that while the living area is modest compared to newer homes in Canterbury Park, the generous lot represents long-term value—either for personal enjoyment or future potential. The 1974 build date is actually newer than most on the block, an advantage for systems and structure relative to its direct peers.
Frequently Asked Questions
1. How does the lot size compare practically?
At over 5,000 sqft, the lot is significantly larger than the Canterbury Park average (~4,800 sqft) and much larger than the average on Allenby Crescent itself (~4,600 sqft). This means more private yard space than most neighbouring properties.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This would require clarification on the finish quality, permitted uses (e.g., legal suite, recreation room), and the year of renovation.
3. Is the assessed value a reliable indicator of the sale price?
Not directly. The current assessed value is $35.6k, but homes in the area have recently sold for amounts both above and below that figure. Assessment values are for tax purposes and market conditions ultimately determine sale price.
4. What are the implications of the home's age?
Built in 1974, the home is newer than many on its street, which can be positive. However, key components like the roof, windows, and major mechanical systems (furnace, electrical) may be nearing or due for updates, so an inspection is advisable.
5. Who would this property suit best?
It's well-suited for buyers prioritizing land size and a renovated basement over expansive interior square footage. It fits first-time buyers comfortable with a cosier living area, practical homeowners wanting a large yard, or investors attracted by the basement's income potential (if legally suited).