Property Overview & Key Characteristics
This 1,009 sqft bungalow at 67 Gosford Avenue in Meadowood, built in 1975, presents a practical and grounded opportunity. Its primary appeal lies in its strong positioning within its immediate neighbourhood context. While its living space is modest compared to the wider city, it is actually slightly above average for Gosford Avenue itself. The lot size of 5,224 sqft is notably generous for the street, ranking in the top 17%, offering valuable outdoor space or future potential. Similarly, its year of construction and assessed value are above average for the immediate area, suggesting a well-maintained or updated home relative to its closest peers.
The property would suit first-time buyers or downsizers looking for a manageable, single-level layout in an established neighbourhood. It’s also a sensible fit for value-oriented investors or homeowners who prioritize a larger lot over a larger house. A thoughtful perspective is that this home represents a "neighbourhood-standard" purchase—it’s not the largest or newest in the city, but it holds its own and offers more space than many on its block, which can be a smart compromise for budget-conscious buyers seeking stability and elbow room.
Frequently Asked Questions
How does this home compare to others on the street?
It compares favourably in several key areas. It has a larger living area and lot size than the average home on Gosford Avenue, and it is newer than most, ranking in the top 11% for year built on the street.
What is the recent sales history?
The home sold in 2024 for an estimated price between CA$350,000 and $400,000. For precise historical sold prices, you can request the exact figures via email from the listing service.
Is the assessed value a good indicator of market price?
The assessed value is $38,200, which is used for property tax calculation. It is above the street average but generally aligns with area and city averages. Market price is determined by current conditions and recent comparable sales, not the tax assessment.
What does the lot size ranking mean for me?
Ranking in the top 17% for land area on its street means you're getting more outdoor space than most neighbours. This could allow for a larger garden, play area, or future additions like a shed or deck, which is a notable advantage in an older neighbourhood.
Who are the closest comparable properties?
The listing references nearby homes on Gosford Avenue and Gascon Road for location, and lists several homes in areas like Elmhurst and Varsity View with identical assessed values for financial comparison.