Property Overview
313 Lindsay Street presents a well-proportioned home in the established North River Heights neighbourhood. Built in 1951, the 1,260 sqft house sits on a 5,600 sqft lot, with an assessed value of $388,000. Recent sales data indicates it sold in late 2023 for between $400,000 and $450,000.
Key Characteristics & Appeal
This home’s primary appeal lies in its balanced, middle-ground positioning. It is not an outlier in size, value, or lot, but offers solid fundamentals in a desirable area. The living area is notably efficient for the neighbourhood, ranking in the top third on its street, suggesting a potentially better value-per-square-foot compared to nearby homes. The lot size is above average for North River Heights, offering good outdoor space relative to many area properties.
The home would suit practical buyers looking for a move-in ready foundation in a mature neighbourhood without a premium price tag. It’s ideal for first-time buyers or downsizers seeking a manageable property size, or for investors attracted by a stable asset in a consistent area. A thoughtful perspective is that its 1951 build date makes it newer than many homes in North River Heights, potentially implying fewer concerns with very old infrastructure, while still offering the classic neighbourhood character.
Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The home’s assessed value is below the average for the broader North River Heights area but is very close to the city-wide average. On its own street, it ranks in the top 65%, meaning its value is competitive and not over-assessed relative to immediate neighbours.
2. Is the living space sufficient for a family?
At 1,260 sqft, the living area is slightly above average for Lindsay Street but below the average for the wider neighbourhood. It would comfortably suit a small family or couple, but may feel compact for those needing extensive separate living areas or multiple large bedrooms.
3. What does the lot size offer?
The 5,600 sqft lot is above average for North River Heights, providing more private outdoor space than many comparable properties. This is a key asset for gardening, recreation, or future expansion.
4. Are there any insights from the recent sale?
The home sold in November 2023 for an estimated $400,000–$450,000, which was above its assessed value at the time. This suggests the market recognized attributes or condition not fully captured in the assessment.
5. How can I verify the exact historical sale price?
The displayed sale price is an estimate from public data. For fully verified and exact sale figures, you must request a manual lookup via email through the site, as this information is not sourced from the MLS.