Property Overview
This 720 sqft, one-storey home on Beverley Street is a compact, character property built in 1910. Its key appeal lies in its relative affordability and a recently renovated basement, situated on a standard-sized city lot. The home's living area is notably smaller than most comparable properties in the area and city-wide, positioning it as a more accessible entry point. Its assessed value is around average for its immediate neighbourhood and street, suggesting it's priced consistently within this specific market segment. The home would suit first-time buyers, downsizers, or investors looking for a straightforward, lower-maintenance property in Daniel McIntyre without a large initial footprint or complex upkeep.
Frequently Asked Questions
1. How does the home's smaller size impact its value and utility?
While the living area is below average, this is reflected in its positioning as a more affordable option. The renovated basement adds functional space. It's a practical layout for individuals, couples, or those comfortable with efficient living spaces.
2. The home is over 110 years old. What should I consider?
The year built (1910) is actually older than most on its street, indicating its character heritage. Prospective buyers should prioritize a thorough inspection focusing on foundational integrity, wiring, plumbing, and insulation updates that may have been made over the decades.
3. How does the assessed value relate to the likely sale price?
The assessed value for municipal taxes ($17,100) is a legal and administrative figure, not a market valuation. The last known sale was in May 2022 for $150,000. The current market price will be influenced by recent sales of similar homes, condition, and market trends.
4. There's no garage. What are the parking options?
The property listing indicates no garage. Parking is likely via on-street permit. Buyers should verify the specific street parking regulations and availability with the city.
5. The home ranks highly in "year built" on its street. Is that good?
This ranking means it is one of the older homes on the street, as a newer year is typically considered better. This isn't inherently negative but underscores its character-home status and the importance of understanding its maintenance and update history compared to newer builds.