Property Overview
59 Rutgers Bay is a well-sized 4-level split home built in 1968, situated on a mature lot in Fort Richmond. Its primary appeal lies in offering above-average interior space for the area within a value-conscious package. The home features a renovated basement, adding to its functional living area. The data suggests a property that prioritizes indoor space over lot size within its immediate neighbourhood, presenting a practical opportunity in a established community.
Key Characteristics & Ideal Buyer
The home’s standout feature is its generous 1,818 sqft of living area, which places it in the top 5% of homes on Rutgers Bay and the top 15% within Fort Richmond. This is complemented by a renovated basement, increasing its functional utility. While the lot is slightly smaller than others on the street, it remains above average city-wide. The assessed value is notably lower than many direct neighbours, which may indicate a different valuation approach or present a value entry point into a street of otherwise similar homes.
This property would suit practical buyers looking for ample interior space without a premium lot size, such as growing families or those who value renovated living areas over extensive yard maintenance. It also appeals to value-conscious purchasers who see potential in a home with a strong spatial layout in a mature neighbourhood, where the assessed value sits below area averages.
Frequently Asked Questions
1. Why is the assessed value lower than many neighbours?
While the home has above-average living space, its assessed value is below the street and neighbourhood averages. This can sometimes reflect an older assessment or different valuation metrics, and it often results in relatively lower property taxes, which is a tangible financial benefit.
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 to understand the finish quality, permits, and how it contributes to the total living area.
3. Is the lack of a garage a concern?
The home has no garage. For buyers with vehicles, this means relying on driveway parking, which is common for homes of this era. The impact depends on household needs and the availability of sufficient off-street parking.
4. How does the lot size affect the property?
The lot is below average for both the street and Fort Richmond, but remains above the city-wide average. This typically means a smaller backyard but also less maintenance. It’s a trade-off that prioritizes indoor living space over extensive outdoor space.
5. Where can I find the exact historical sale price?
The exact sold price is not publicly displayed. As noted on the detail page, you can request the precise sale history by emailing the provided service; they manually provide the data without using your email for unsolicited marketing.