Property Overview
40 Cantafio Cove is a modern, two-storey home built in 2023, situated on a generously sized lot in Canterbury Park. Its primary appeal lies in its combination of new construction and above-average space, both indoors and out, within a sought-after neighbourhood. The home features an attached garage and a basement (not renovated), but no pool.
Key Characteristics & Ideal Buyer
This property stands out for its substantial land area of nearly 10,000 sq ft, which places it in the top tier locally. The living area of over 2,140 sq ft is also spacious for the area. As a 2023 build, it offers modern construction standards without the immediate need for major updates. Its assessed value positions it as a premium property within Canterbury Park.
The appeal is for buyers seeking a move-in ready, newer home with significant outdoor space—a rarity for new builds. It suits growing families looking for room to expand, or professionals who value a modern home in an established, elite neighbourhood. A thoughtful perspective is that the unrenovated basement presents a blank canvas for future customization, allowing a buyer to add value according to their own needs, rather than paying a premium for a finished space they might want to change.
Frequently Asked Questions
1. How does the lot size compare to others?
The 9,968 sq ft lot is exceptionally large, ranking in the top 8% on its own street and the top 1% within the wider Canterbury Park neighbourhood.
2. Is this a brand-new home?
It was built in 2023, so it is essentially new but not a pre-construction purchase. It has had one owner since its construction.
3. What does "basement, not renovated" mean?
The basement is included and is functional, but it has not been finished into a livable space like a rec room or suite. It presents an opportunity for future development.
4. How does the value hold up in the area?
The home's assessed value is in the top 3% for Canterbury Park, indicating it is considered a high-value property relative to its neighbours. It last sold for $62,700 in June 2023.
5. What is the surrounding area like?
Canterbury Park is consistently ranked as an elite neighbourhood city-wide. The property is on a quiet cove, with nearby homes of similar age and scale, suggesting a cohesive and desirable streetscape.