Property Overview
This 1914 two-and-a-half storey home on Dorchester Avenue in Crescentwood offers a blend of historic character and modern updates. Its key appeal lies in its desirable location and a renovated basement, which adds functional living space. The home's 1,867 sqft living area is comfortably sized for the neighbourhood, and its assessed value ranks above average for the street, suggesting a well-maintained or updated property. A detached garage provides additional utility.
The home would suit buyers looking for a character property in a mature, established neighbourhood without the extensive yard maintenance often required in Crescentwood, as the lot is notably smaller than area averages. It's a practical choice for those who value location and interior space over a large private garden, and who appreciate the blend of early 20th-century architecture with renovated living spaces.
Frequently Asked Questions
How does the property's size compare to the neighbourhood?
The living space is near the neighbourhood average, offering a comfortable size for the area. However, the land area is significantly smaller than most Crescentwood lots, which means less outdoor maintenance but also less private yard space.
What does the above-average assessed value on the street indicate?
A higher assessed value compared to immediate neighbours often reflects updates, desirable features, or superior maintenance. It's a positive signal of the property's condition relative to others on the block, though a professional inspection is always recommended.
Is the renovated basement a full living suite?
The listing notes a renovated basement but does not specify if it is a legal suite. Buyers should verify with the municipality regarding permits, legal status, and any associated rental income potential.
How does the smaller lot impact the property?
While the lot is smaller than typical for Crescentwood, this can be an advantage for buyers seeking lower maintenance. It may also influence future expansion possibilities, so checking setback requirements and zoning bylaws would be prudent.
The home is over a century old. What should I consider?
While a renovated basement is a plus, the core structure is 112 years old. Prospective buyers should budget for potential updates to older systems (like plumbing or electrical) and seek an inspection focused on the foundation, roof, and original building materials to understand any ongoing maintenance needs.