Property Overview: 836 Mcmeans Avenue E, Canterbury Park
Key Characteristics & Appeal
This is a compact, one-storey home built in 1977 on a standard city lot in Canterbury Park. Its key feature is a renovated basement, adding valuable finished space to the 827 sqft main floor. The home includes a detached garage. The data reveals a nuanced profile: while the living space is modest compared to the broader neighbourhood and city, the lot size is quite typical for its immediate street. The year built is a standout, as the home is newer than most others on Mcmeans Avenue. Its assessed value is positioned around the average for the street but is more affordable relative to Canterbury Park as a whole.
The appeal lies in its efficiency and practicality. It suits first-time buyers or downsizers looking for a manageable, low-maintenance footprint without sacrificing a full basement or garage. The renovated basement is a significant plus, offering flexibility for a family room, home office, or additional storage. A thoughtful perspective is that this property represents an entry point into a mature neighbourhood, offering stability and a newer build date than many nearby homes, which can mean fewer immediate updates. It’s a home for those who prioritize function and location over sheer size.
Frequently Asked Questions
1. Is the lot size a disadvantage?
Not necessarily. While below the neighbourhood average, the lot is actually around the average size for homes on Mcmeans Avenue itself. It provides a standard outdoor space for a city home without excessive yard maintenance.
2. What does "renovated basement" typically include?
The listing confirms the basement is renovated but does not specify finishes. Buyers should inquire about the scope of the renovation, the ceiling height, permits, and whether it includes a bathroom or separate entrance to understand its full value and functionality.
3. How does the 1977 build year compare?
This is a relative strength. The home is newer than most on its street (ranking in the top 6%) and roughly average citywide. This can suggest updated building standards compared to older neighbours, potentially involving wiring, insulation, or layout.
4. Who might find the living area too small?
The living area is notably below the Canterbury Park average. It would likely feel cramped for a growing family needing multiple bedrooms or dedicated workspaces. It is better suited for individuals, couples, or those utilizing the renovated basement to effectively expand their living space.
5. How does the assessed value impact property taxes?
The assessed value is significantly below the neighbourhood and city averages for comparable homes. This typically translates to lower municipal property taxes, which is an ongoing financial advantage for the homeowner.