Property Overview: 20 Merkel Manza Boulevard
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2021, is a modern property in Canterbury Park. Its primary appeal lies in its balance of new construction and established value. With 1,836 sqft of living space and a renovated basement, it offers contemporary living without the wait of a new build. The attached garage and a near 5,000 sqft lot provide practical space for vehicles and outdoor use.
The home’s standout feature is its strong positional value. While its size is fairly typical for its immediate street, it ranks exceptionally well within the broader neighbourhood and city. It sits in the top 6% of Canterbury Park for year built, meaning it’s significantly newer than most area homes, and in the top 4% for assessed value, indicating its official valuation is among the highest locally. This suggests a premium property within a desirable, established community. It suits buyers looking for a move-in ready, modern home who value being in a mature neighbourhood with newer infrastructure, and who appreciate a property with strong assessed value fundamentals.
Section 2: Frequently Asked Questions
1. Is the land size a drawback?
The lot is slightly below average for Merkel Manza Boulevard but is very close to the average for Canterbury Park. For a 2021 build, this lot size is typical of newer developments and is balanced by the low-maintenance advantage of a newer home.
2. Why is the assessed value so high for the neighbourhood?
The "Elite" ranking (top 4%) in Canterbury Park is driven by the home's new age, modern features, and renovated basement. It reflects that this is one of the most contemporary and updated properties in an area with many older homes, justifying a higher valuation.
3. What does the sale history indicate?
The home sold in May 2023 for $64,100, which was above the street average and among the top 1% of sale prices for the neighbourhood at that time. This recent transaction reinforces its premium positioning and market acceptance.
4. Who would this home not suit?
It may not be ideal for buyers seeking a very large lot or maximum square footage for the price, as those features are more "average" on its specific street. It’s best for those who prioritize modern construction and neighbourhood standing over sheer lot size.
5. How does it compare city-wide?
City-wide, its newness is a major asset (top 2%), and its living space is well above average (top 16%). While the assessed value is strong, it's important to note the city-wide "comparable" average includes a wide variety of property types and ages, making the local neighbourhood rankings more relevant for most buyers.