Property Overview: 122 Laurentia Bay
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Kildare-Redonda offers a practical layout with a renovated basement. Its key strength is its above-average standing within its immediate neighborhood and the broader area, particularly for its assessed value and living space. With 1,044 sqft of living area, it provides more room than most comparable homes on its street and in Kildare-Redonda. The property benefits from both an attached and a detached garage, offering significant flexibility for parking, storage, or workshop space.
The appeal lies in its established, mature setting and its strong relative value. The home is not the newest on the block (built in 1966), but it is among the older, more established properties, which often correlates with larger lot sizes and mature landscaping. While the lot is slightly smaller than others on Laurentia Bay, it remains average for the wider area. This property would suit a buyer looking for a move-in ready, single-level home in a stable neighborhood, who values practical features like multiple garages and a finished basement over a brand-new build. It’s a solid choice for those who prioritize space and value within the community over having the largest possible yard on the street.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is in the top 10% on its own street and top 8% in the Kildare-Redonda area, indicating it is officially valued higher than most direct comparables. This often reflects updates, condition, or desirable lot features.
2. What does the sold price history indicate?
Records show it last sold between $255k-$285k in June 2017. This historical data provides a benchmark, but the current market value will depend on present conditions, recent upgrades, and how its above-average assessment translates into buyer demand.
3. Is the smaller lot size a concern?
At just under 5,000 sqft, the lot is below average for Laurentia Bay but is typical for the wider neighborhood. This may mean less backyard space than some neighbors but also less maintenance. The trade-off is a home with more interior space than many in the area.
4. What are the benefits of having two garages?
The combination of an attached and a detached garage is a significant utility feature. It provides ample space for vehicles, secure storage for tools or seasonal items, and the potential for a dedicated workshop or hobby space without sacrificing parking.
5. The home is nearly 60 years old. What should I consider?
While the basement has been renovated, a home of this age means the core systems (roof, plumbing, electrical, foundation) should be carefully inspected. Its older vintage also means it likely has character and is situated in a well-established area with mature trees and settled infrastructure.