Property Overview & Appeal
This home at 421 Niagara Street in North River Heights is a classic, mid-century residence built in 1944. Its key characteristic is its balanced, middle-of-the-road profile within a desirable established neighbourhood. With 1,184 sqft of living space and a 4,309 sqft lot, it sits below the average size for both Niagara Street and North River Heights, but aligns more closely with the city-wide average for living space. This positions it as a more manageable property, requiring less upkeep than larger lots while still offering established gardens and outdoor space.
Its appeal lies in its location and value proposition. The assessed value of $416k is notably lower than the area averages (~$477k), suggesting a potentially more accessible entry point into the neighbourhood. For a home built in 1944, its age is actually newer than many in North River Heights, which may indicate updates over time or a slightly different construction period than the neighbourhood's earliest homes. It last sold in July 2021 for an estimated $400k-$450k.
This property would suit first-time buyers or downsizers seeking a foothold in a mature, central neighbourhood without the premium price tag of a larger home. It’s also a practical choice for value-conscious buyers who prioritize location over sheer size and are comfortable with a home that has a history and may benefit from personalization.
Frequently Asked Questions
1. Is this house significantly smaller than its neighbours?
Yes, the living area is below the average for both Niagara Street and the wider North River Heights area. This means it’s a more compact home compared to many on the block, which could translate to lower utility costs and less maintenance.
2. The assessed value seems lower than area averages. Is that a red flag?
Not necessarily. The assessment is below the local neighbourhood average but above the city-wide average. This often reflects the home’s smaller size and specific characteristics rather than an issue. It can represent a value opportunity for buying into the area.
3. What does it mean that the home is "newer" than others in North River Heights?
While built in 1944, it ranks in the top 28% for year built in the area, meaning many homes here are older. This is a subtle point that might suggest slightly more modern construction techniques for its era or a different vintage of home styles on this particular street.
4. How does the lot size compare?
The lot is also below average for the immediate area, but is closer to a typical city-wide lot size. This means the yard and outdoor space will be more intimate than some neighbouring properties but is still a decent-sized urban lot.
5. Can I get the exact historical sale price?
The public data shows a sold price range. To obtain the exact sale figure and full transaction history, you must request it directly via email, as this site does not have access to or display MLS sold records due to industry regulations.