Property Overview
This two-storey home at 52 Fieldhouse Way in Canterbury Park presents a compelling mix of space, modernity, and established value. Built in 2020, it offers the benefits of a newer build with minimal maintenance concerns. Its primary appeal lies in its generous proportions: a living area of over 2,200 sqft places it among the largest homes in the neighbourhood, while its 9,000+ sqft lot is significantly larger than most on its street and in Canterbury Park. This creates a notable amount of indoor and outdoor space. The home features an attached garage and a basement (unrenovated), providing room for future customization.
The property suits buyers looking for a move-in ready, spacious family home in a modern development, who also value a larger-than-average yard. It’s particularly appealing for those who want the efficiencies and warranties of a newer build but wish to avoid the premium and smaller lots often found in brand-new subdivisions. The strong assessed value, ranking in the top tier for Canterbury Park, indicates a solid investment in a desirable area.
Frequently Asked Questions
1. What does the "unrenovated basement" mean?
The basement is finished but in its original state from the 2020 build. It’s functional space but presents a blank canvas for the next owner to update according to their own style and needs, which can be seen as an opportunity rather than a drawback.
2. How does the lot size compare practically?
At over 9,000 sqft, the lot is in the top 5% on Fieldhouse Way. This means more private outdoor space for gardening, play, or entertaining compared to neighbouring properties, which is a rare find in newer communities.
3. The home was built in 2020, but the rankings show it as "below average" for year built on its own street. Why?
This reflects that Fieldhouse Way is a very new street, with many homes constructed after 2020. While this home is modern, it was among the first built on the block. When compared to the wider Canterbury Park area and city, however, it is significantly newer than average.
4. Is the assessed value a reliable indicator of the sale price?
The assessed value is for municipal tax purposes. While it indicates the home is valued highly relative to the area, the sale price will be determined by the current market. The home last sold in August 2020 for $522,000, and its assessed value has risen since then.
5. What is the potential here for future value?
The combination of a newer build on a large lot in a established neighbourhood like Canterbury Park is a strong foundation. The unrenovated basement and the home’s already high ranking for living space offer clear avenues to add further value through updates and finishes.