Property Overview
This 1,936 sqft two-and-a-half storey home on Banning Street, built in 1912, presents a classic character property with a practical layout. Its key appeal lies in its above-average living space for both the immediate street and the Daniel McIntyre neighbourhood, offering more room than most comparable homes nearby. The property features a detached garage and an unrenovated basement, presenting a blank canvas for finishing. The lot, while smaller than area averages, is typical for the central neighbourhood.
It would suit a buyer looking for a home with inherent space and character in a central location, who is comfortable with the maintenance and potential updates expected of a century-old home. It’s particularly compelling for those who prioritize interior square footage over a large yard. The assessed value is competitive for the area, suggesting a potentially accessible entry point into a mature community.
Frequently Asked Questions
How does the living space compare to nearby homes?
At 1,936 sqft, the living area is in the top 4% for the Daniel McIntyre neighbourhood, meaning it is significantly larger than most similar homes in the immediate area.
What should I know about the basement?
The listing notes the basement exists but is "not renovated." Buyers should budget for potential updates and investigate its current condition, moisture levels, and suitability for finishing.
Is the lot size a concern?
The land area is smaller than most city-wide averages but is more typical for this central, established neighbourhood. It prioritizes a larger home footprint over extensive outdoor space.
How does the year built affect this property?
Built in 1912, the home is over a century old. This typically means character details but also requires a diligent inspection for aging components like wiring, plumbing, and the foundation.
What does the assessed value indicate?
The assessed value is above average for Daniel McIntyre but below the city-wide average. This often reflects the central, older neighbourhood and suggests the municipal tax assessment may not directly align with current market sale prices.