Property Overview
This is a well-situated, classic one-storey home in the Kildonan Drive area. Built in 1946, its primary appeal lies in its generous 5,026 sqft lot, which is notably larger than most on Greene Avenue. The home itself, at 929 sqft of living space, is compact but functional, featuring a renovated basement and a detached garage. Recent sales history indicates a significant increase in value over the past few years. Its assessed value is strong for the immediate street, suggesting the property is viewed favorably relative to its closest neighbours.
This home would suit a first-time buyer or downsizer looking for a manageable footprint without sacrificing outdoor space. It’s also a practical candidate for a long-term holder who values the stability of an established neighbourhood and sees potential in the sizable lot over time.
Key Details & FAQs
What are the key features?
The property features a 929 sqft one-storey layout, a renovated basement, a detached garage, and no pool. Its standout characteristic is the 5,026 sqft lot, which is in the top 18% for size on Greene Avenue.
How does it compare in size and value to the area?
The living area is below the neighbourhood and city averages, making it a cozier home. However, its assessed value is above average for its street, indicating it may have updates, condition, or lot advantages that offset the smaller square footage.
What is the sales history?
The home sold in October 2020 for an estimated $22.5k-$25.5k and again in May 2022 for an estimated $35.5k-$38.5k. This represents a substantial increase over a short period.
Is the lot a significant factor?
Yes. The lot is a key asset. It's larger than most on the street, offering more privacy, yard space, and future potential than many comparable properties, which may explain its stronger assessed value ranking locally.
Who might this property not suit?
It may not suit buyers seeking a large, modern interior or multiple bedrooms on one level. The living space is modest, so those needing ample room for a growing family or dedicated home offices should carefully consider the layout.