Property Overview
This 804 sqft bi-level home at 358 Dalhousie Drive in Fort Richmond is a compact, no-frills property built in 1971. Its key characteristic is its modest scale, with a living area significantly below the neighbourhood average, situated on a roughly 6,000 sqft lot. The home features a renovated basement and does not include a garage or pool. Its assessed value is notably below the area average, positioning it as one of the more accessible entry points into the Fort Richmond market.
The appeal lies in its affordability and practicality. It suits first-time buyers seeking a foothold in a well-established neighbourhood without a large mortgage, or investors looking for a manageable rental property. The renovated basement adds functional living space, which is a valuable asset in a smaller home. A less obvious perspective is that its below-average size and value could mean lower utility costs and property taxes, offering long-term budget relief. The lot size is generous for the home's footprint, providing outdoor space that many similarly priced properties in denser areas lack.
Frequently Asked Questions
1. How does the home's smaller size impact its value?
While the living area is below average for Fort Richmond, this is reflected in its below-average assessed value. This creates an opportunity for buyers who prioritize location and lot size over interior square footage.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This would be a key point to clarify with the seller or agent, as it could add significant functional space like an extra bedroom, living area, or suite.
3. Is the lack of a garage a major concern?
The home has no garage, which is common for many bi-levels of this era. The large lot may offer space for parking or future storage solutions, but buyers reliant on indoor vehicle storage should factor this in.
4. How current are the sold price comparisons?
The most recent specific sold price data shown is from 2017. The "exact sold price history" service is offered because more recent sale data may be available but is not publicly displayed on the page, requiring a direct request.
5. The rankings show the home is "below average" in many categories. Is this a bad sign?
Not necessarily. These metrics compare it to all "comparable homes" in broad areas. For this property, being below average in size and assessed value primarily indicates it is a more modest, affordable option within a desirable neighbourhood, not a deficiency in the property itself.