Property Summary: 66 Woodstock Lane
Key Characteristics & Appeal
This 1979-built, one-storey home in Elmhurst sits on a generous 7,109 sqft lot and offers 1,028 sqft of living space. Its key features include a finished basement, an in-ground pool, and an attached garage. The appeal lies in its established, low-maintenance bungalow layout combined with premium outdoor amenities. The property shows notable strength in its immediate area, ranking in the top 3% on its street for lot size, age, and assessed value ($419,000), suggesting it is a standout home in a mature neighbourhood.
This home would suit buyers looking for a turnkey property with strong local value, particularly those who prioritize private outdoor leisure space and single-level living. It’s ideal for downsizers, small families, or anyone seeking a balanced mix of a quiet, established community and the convenience of a move-in-ready home with a unique recreational feature like a pool. A less obvious perspective is its potential for multi-generational living or separate work-from-home space, facilitated by the finished basement.
Frequently Asked Questions
1. How does the home’s age impact its condition and potential costs?
Built in 1979, the home is nearly 50 years old. While it ranks as newer than most on its street, prospective buyers should budget for updates to major aging components like the roof, windows, or HVAC systems, and consider a thorough inspection.
2. Is the pool a major factor in maintenance and insurance?
Yes. An in-ground pool requires seasonal opening/closing, regular cleaning, chemical balancing, and safety considerations. It will also typically increase annual insurance premiums and utility costs.
3. The home ranks highly on its street but mid-range in the broader community. What does this mean?
This indicates the property is a premium home on Woodstock Lane itself, offering excellent value within its immediate micro-market. The mid-range community ranking reflects the diversity of housing in wider Elmhurst, from smaller starter homes to larger estates.
4. Who is responsible for verifying the exact property boundaries and lot size?
The listed lot size of 7,109 sqft is sourced from public records. It is the buyer’s responsibility, typically through their lawyer or notary, to verify boundaries via a current survey to confirm size and identify any encroachments before purchase.
5. How might the finished basement affect the home’s functionality and value?
The finished basement adds valuable flexible space for recreation, guests, or storage. It effectively increases the usable square footage beyond the main floor living area, which is a significant asset in a bungalow, though its value depends on the quality of the finish and ceiling height.