Property Overview: 23 Gleneagles Road, Niakwa Place
Key Characteristics & Appeal
This well-situated home in Niakwa Place presents a compelling mix of established value and above-average substance. Built in 1971, its primary appeal lies in its strong assessed value of $473,000, which ranks it as elite (top 3%) on its own street and above average both in the neighbourhood and city-wide. This suggests a property that has been well-maintained or updated relative to its immediate peers.
The 1,272 sqft living area is notably spacious for Gleneagles Road (top 11%), offering more interior room than most direct neighbours, though it is closer to the city average. The 6,488 sqft lot provides a generous, above-average city-wide yard space, even if it is slightly smaller than others on the street. This creates a balanced profile: a home with a premium valuation, comfortable and efficient interior space, and a solid, usable lot.
This property would ideally suit value-conscious buyers who understand that an above-average assessment can signal a well-kept home in a mature neighbourhood. It’s also a strong match for those seeking a move-in-ready foundation in a quiet area without requiring the largest lot on the block, prioritizing interior space and established streetscape over vast yard size.
Frequently Asked Questions
1. Why is the assessed value so high compared to other homes on the street?
The assessment ranks in the top 3% on Gleneagles Road, indicating that municipal evaluators have attributed a higher value to this specific property. This is often due to factors like significant updates, additions, superior condition, or a premium location within the neighbourhood that aren't detailed in the basic metrics.
2. How does the lot size compare practically?
While the lot is slightly below the street average, it remains above the city-wide average. This means you still get a substantial yard typical of the area, just not the absolute largest. It can represent a sweet spot—less maintenance than the biggest lots, but still ample private outdoor space.
3. What does the sale history from 2020 tell us?
The home sold for an estimated $400k-$450k in mid-2020. The current assessed value being higher is normal, reflecting market changes and any improvements made since that purchase. It provides a recent anchor point for market value.
4. Is a 1971-built home a concern?
The build year is typical for the area. The key consideration is not the age itself, but the state of major systems (roof, windows, plumbing, electrical, HVAC) which may have been updated over the past 55 years. A thorough inspection is always recommended.
5. How can I get the exact past sale price?
The site provides estimated price bands. To obtain the precise sale price and full transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS system available to realtors.