Property Overview & Key Characteristics
This 4-level split home, built in 1977, presents a compelling mix of space, value, and established neighbourhood charm. Its primary appeal lies in its generous proportions, featuring over 2,000 square feet of living area on a large, nearly 10,000 sqft lot, offering room to grow or enjoy outdoor privacy. A key feature is the renovated basement, adding immediate modern living space without the need for a major project. The home ranks highly for its size within its immediate area, indicating it offers more space than most comparable properties nearby.
The property suits buyers looking for a spacious family home in a mature, settled neighbourhood without a premium price tag. It’s ideal for those who value interior space and lot size over newer construction or attached garage convenience. A thoughtful perspective is that while the home itself is from the late 70s, its above-average rankings for lot and living area suggest it was a premium offering in its time, potentially built with better-than-standard materials. The relatively low assessed value compared to its physical size could indicate an opportunity for value-conscious buyers seeking to build equity through updates.
Frequently Asked Questions
1. What does "4 Level Split" mean for daily living?
This style offers distinct living zones across four half-levels, which can provide good separation between living, sleeping, and recreational areas. It’s excellent for managing noise and activity but involves more stairs than a bungalow or two-storey.
2. There's no garage listed. Is there other parking?
The listing specifies no garage. Buyers should inquire about driveway space or the potential for adding a garage in the future, given the very large lot size which could accommodate it.
3. The home was built in 1977. What should I be aware of?
While systems like roof, windows, and furnace may have been updated, their age should be verified. The renovated basement is a plus, but a thorough inspection is recommended to assess the condition of original components like plumbing and electrical.
4. How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes and is typically lower than market value. The provided comparable listings with similar assessments but varying sale prices show that market conditions, updates, and specific features ultimately determine the selling price.
5. The lot is large. Are there any restrictions on its use?
A lot of this size (9,943 sqft) is a significant asset. It’s wise to check municipal zoning bylaws for any rules regarding secondary suites, additions, shed/workshop sizes, or pool installation if those are future considerations.