Property Overview: 27 Mohawk Bay, Niakwa Park
Key Characteristics & Appeal
This home is defined by its exceptional space, both inside and out. With over 2,000 square feet of living area, it stands in the top 5-10% of homes locally for size, offering ample room for family living. Its most distinctive feature is the nearly 12,000 square foot lot, placing it in the elite top 4% city-wide for land area. This creates rare potential for privacy, gardening, expansion, or recreation in a mature neighbourhood.
The appeal lies in securing a property that outperforms its peers on key metrics. It’s a larger, more substantial home on a significantly larger parcel than is typical for Niakwa Park, all while carrying an assessed value that is above average but not disproportionate. Built in 1960, it is also among the newer homes on its street, suggesting potentially fewer immediate concerns than some older neighbours.
This property would best suit buyers who prioritize land size and interior space over a brand-new build. It’s ideal for a growing family seeking room to spread out, a hobbyist or gardener craving outdoor space, or a long-term buyer who values the established character, mature trees, and stability of a sought-after neighbourhood like Niakwa Park.
Frequently Asked Questions
1. How does the assessed value compare to the last sold price?
The home was last sold in June 2017 for an estimated $400k-$450k. Its current assessed value of $496k reflects market growth and the property's standout characteristics, particularly its lot size.
2. Is the large lot size common for the area?
No. The lot is nearly double the average size for Mohawk Bay and ranks in the top 3% for the entire Niakwa Park neighbourhood, making it a rare find.
3. What does the "Elite" ranking for Year Built mean?
It means this 1960-built home is among the newer homes on its street and in the immediate area, where the average build year is 1956. This can be an advantage for maintenance and system updates.
4. Are the sold prices shown from the MLS?
No. The sold price data is compiled from publicly available sources, not the MLS. For fully verified and exact historical transaction figures, you must request a manual lookup from the site.
5. What is the realistic potential for this property?
The combination of a large, classic home footprint on an oversized lot presents clear opportunities for renovation, modernization, or even an addition (subject to zoning). It offers the substance of a premium lot with a home that has above-average space to adapt to modern needs.