Property Overview
71 Bryn Mawr Road is a well-situated one-storey home in Fort Richmond, built in 1972. Its key appeal lies in the balance it strikes: it offers a generous, above-average lot size of over 7,600 sqft, providing ample outdoor space and potential, while the home itself is a manageable 1,030 sqft with a renovated basement. The detached garage adds practical storage or workshop space. The data suggests a property that is financially efficient, with an assessed value that is strong for its immediate street and in line with wider area averages, indicating stable value without an inflated price tag.
This home would suit first-time buyers or downsizers looking for a low-maintenance, single-level layout without sacrificing yard space. It’s also a practical choice for value-oriented buyers who see potential in the large lot—whether for gardening, expansion, or simply enjoying more privacy than newer subdivisions typically offer. The renovated basement adds functional living space, making it suitable for a small family or someone needing a home office or separate living area.
Frequently Asked Questions
1. How does the home’s size compare to others?
The living area is 1,030 sqft, which is below the average for both the street and Fort Richmond. This indicates a more compact, efficient main floor plan, which is complemented by the additional renovated basement space.
2. Is the assessed value high for the area?
The assessed value is above average for Bryn Mawr Road itself but aligns closely with the averages for both the Fort Richmond neighbourhood and the city overall. This suggests the property is valued consistently with the market, not as an outlier.
3. What is the significance of the large lot?
The land area of 7,644 sqft is a standout feature, ranking in the top 20% locally. This is a substantial lot for the area, offering more privacy, room for outdoor activities, and future landscaping or renovation possibilities than many comparable properties.
4. The home was built in 1972. What should I consider?
While the building age is typical for the neighbourhood, the renovated basement is a positive update. A standard inspection is always recommended to review the condition of original components like the roof, windows, and major systems, which may be nearing or past their typical lifespans.
5. What does the recent sold price range indicate?
The reported sold price range from early 2025 suggests the home sold close to its assessed value. This typically indicates a transaction that both buyers and sellers found to be fair and market-based, without the extreme bidding wars seen in some segments.