Property Overview: 11 Leslie Avenue, Glenelm
Key Characteristics & Appeal
This is a well-established, two-and-a-half storey home in the Glenelm neighbourhood, built in 1913. With 1,300 sqft of living space and a renovated basement, it offers classic character with updated utility. The home sits on a 3,600 sqft lot with a detached garage.
Its primary appeal lies in its strong positioning within the desirable Glenelm area. While the home's size and lot are modest compared to others on its street, it ranks above average for assessed value within the neighbourhood itself. This suggests it is perceived as a solid asset in a sought-after location. The renovated basement adds functional living space, a key update for a home of this era.
This property would suit a buyer looking for an entry point into a mature neighbourhood without a massive footprint to maintain. It’s ideal for someone who values location and community character over sheer size, and who appreciates a home with historic roots that has seen some key modernizations. The detached garage also appeals to those needing workshop space or parking in an older area.
Frequently Asked Questions
1. How does this home compare in size to others in Glenelm?
At 1,300 sqft, the living area is very close to the neighbourhood average (ranked 267 out of 842 homes), making it a typical, manageable size for the area.
2. The assessed value seems low. Is that accurate?
The assessed value shown ($28.20k) is for municipal tax purposes and is not the market value or listing price. It's more useful as a comparative metric: this home’s assessment is above average for Glenelm, indicating it is well-regarded relative to its neighbours.
3. What does the sold price history indicate?
The home sold in 2021 and 2016. The price increase between those sales was significant, and the 2021 sale price ranked in the top 19% compared to similar neighbourhood sales at the time, highlighting strong demand.
4. Is the smaller lot size a concern?
The lot is below average for the street but around average for Glenelm. This typically means a more manageable yard with less maintenance, which can be a plus for many buyers, though it offers less private outdoor space.
5. How does the age of the home factor in?
Built in 1913, it is older than most city-wide homes but typical for Glenelm. This age brings character but also means potential buyers should prioritize a thorough inspection to understand the condition of original elements alongside the basement renovation.