Property Overview
This 1955 one-and-a-half storey home at 620 Queenston Street in Central River Heights stands out for its exceptional scale and established location. Its primary appeal lies in offering substantially more space—both indoors and out—than is typical for the area. With a living area of 3,220 sqft and a land area over 9,150 sqft, it ranks in the top 1% of homes locally for size. The property features a detached garage and a renovated basement. It recently sold for $750,000, a price point that places it well above the neighbourhood average, indicating its premium market position.
This home is ideally suited for buyers who prioritize generous interior space and a large, private lot within a mature, sought-after neighbourhood. It would appeal to those looking for a established character home with room for extended family, dedicated workspaces, or simply an abundance of room to grow, without sacrificing a central location. The significant price and assessed value suggest it is a property for buyers with a higher budget seeking a standout home in River Heights, rather than a starter or entry-level option.
Frequently Asked Questions
What does the "Elite" ranking for living area actually mean?
It means this home's interior square footage is larger than 99% of comparable properties in Central River Heights. With over 3,200 sqft, it offers roughly two-and-a-half times the living space of the average area home.
Is the land size a major feature here?
Absolutely. At over 9,150 sqft, the lot is nearly double the average for Central River Heights. This provides rare potential for privacy, landscaping, expansions like a deck or patio, or even future additions, subject to zoning.
The home was built in 1955. What should I consider?
While newer than many area homes, a 70-year-old property requires a focus on the condition of major aging components. A thorough inspection of the foundation, roof, plumbing, and electrical systems is essential. The "renovated basement" is a positive, but specifics on the scope and quality of that renovation would be key.
Why is there such a large gap between the assessed value and the sale price?
The assessed value (for municipal tax purposes) and market value are calculated differently. The recent sale price of $750k is the true indicator of current market value, reflecting the premium buyers are willing to pay for this home's unique size and location.
How does this price position the property in the neighbourhood?
The $750,000 sale price places this home in the top 2-5% of the neighbourhood's market. It sold for a significant premium, confirming it is considered a high-end property within Central River Heights, likely due to its rare combination of lot and living space.