3103 Ness Avenue

Property Overview

This well-situated one-storey home on a generous, nearly 5,000 sqft lot in Heritage Park presents a practical opportunity. Its key appeal lies in a balance of established neighbourhood character and solid fundamentals. The home itself is a manageable size at 1,126 sqft, featuring a renovated basement that adds valuable finished space. A detached garage offers flexibility for parking, storage, or workshop use. The property ranks highly for its lot size within the street and neighbourhood, suggesting a premium parcel of land relative to many nearby homes.

Its assessed value sits in the top tier for the street, indicating it is perceived as one of the better-maintained or positioned properties on the block. The home would suit first-time buyers looking for a move-in-ready base with expansion potential, downsizers seeking a single-level layout with a low-maintenance yard, or value-focused investors attracted by the renovated basement suite potential (subject to verification). A less obvious perspective is that, while the living area is average for the area, the standout lot size offers a relative scarcity—a foundation for future enjoyment or expansion that newer subdivisions often lack.

Frequently Asked Questions

1. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specifics on finish quality, layout, ceiling height, and legal compliance as a suite should be verified with the listing agent and through a personal viewing.

2. How does the assessed value relate to the likely selling price?
The assessed value of $30,900 is for municipal tax purposes and is typically significantly lower than market value. Current listing price and recent sales of comparable homes in Heritage Park are the true indicators of market value.

3. What are the advantages of a detached garage?
It provides separation from the house, which can be beneficial for noise, fumes, or if used as a workshop. It also offers potential for redevelopment of the lot without affecting the garage structure, or vice versa.

4. The home was built in 1963. What should I be aware of?
While the basement has been renovated, a home of this age may have original components like plumbing, electrical, windows, or the roof nearing the end of their service life. A thorough home inspection is essential.

5. The lot is large, but how is the neighbourhood?
The property ranks in the top 9% for lot size within its neighbourhood, suggesting it's a larger-than-typical parcel. Heritage Park is an established area with a mix of older and newer homes; walking the street and reviewing nearby comparable listings will give the best sense of the community's character and upkeep.