Property Overview
95 Gables Court is a two-storey home built in 1976, situated on a generous 4,186 sqft lot in Canterbury Park. Its key appeal lies in the balance it strikes: it offers above-average living space for its immediate street while being positioned on a lot size that is notably larger than most in the local area. The home features a renovated basement, adding functional space. The data suggests a property that stands out positively within its specific micro-location on Gables Court, particularly for land size and recent updates, while being assessed at a value below the wider neighbourhood and city averages. This creates a distinct value proposition.
It would suit practical buyers looking for a solid footprint and renovation potential in a mature neighbourhood, especially those who prioritize lot size over a newer build. It's also a sensible option for value-conscious purchasers who see opportunity in a home already updated in key areas like the basement, within a stable, established community.
Frequently Asked Questions
What does the "Top 10% for land area on Gables Court" ranking mean?
It means this property's lot is larger than 90% of the 58 comparable lots on its own street. While the lot is around average for Canterbury Park overall, it is a standout feature on its specific court, offering more outdoor space than most of its immediate neighbours.
The home was built in 1976. Are there any concerns?
The year built places it as the newest home on its street, which is a positive relative to its direct peers. However, as a home approaching 50 years, a thorough inspection of major aging components like the roof, windows, and major systems (plumbing, electrical, heating) is always recommended, regardless of the renovated basement.
Why is the assessed value so much lower than the city average?
The assessed value is a municipal valuation for tax purposes and is heavily influenced by the local market. This assessment reflects the home's value relative to properties in Canterbury Park and on its street, where it ranks below average. It does not directly set market price but indicates a potentially lower property tax base compared to many city homes.
Is the renovated basement a full suite?
The listing notes a renovated basement but does not specify a separate entrance or kitchenette. It indicates updated living space, but you should verify the scope, permits, and exact configuration to see if it suits your needs for a rec room, office, or potential rental.
How does the last sale price from 2017 relate to today's value?
The 2017 sale price of $19,500 is a historical data point. Given the time elapsed, renovations done, and market changes, it is not a reliable indicator of current market value. It primarily shows the property has had stable ownership for several years.