Property Overview
This 1972 bi-level home at 65 Mapleton Drive in The Maples presents a practical and value-conscious opportunity. Its key appeal lies in a combination of a renovated basement, a generous lot size, and a living area that stands out as notably spacious for the neighbourhood. The detached garage adds functional storage or workshop space.
The home would suit first-time buyers seeking a solid starter home with immediate livability, or investors looking for a property with strong rental fundamentals in a well-established area. Its above-average living space for the area is a significant perk for small families or those who prioritize room over flashy updates. A thoughtful perspective is that while the home is 54 years old, its assessed value ranks well locally, suggesting it is a maintained property in a stable, mature community. The lot size offers potential for future outdoor enjoyment or expansion, which is a less obvious advantage in today's market.
Frequently Asked Questions
1. How does the living space compare to nearby homes?
At 720 sqft, this home's living area ranks in the top 13% on its street and the top 3% within The Maples neighbourhood, meaning it offers more interior space than most comparable properties in the immediate area.
2. What is the significance of the lot size?
The lot is approximately 4,000 sqft, which is larger than many in the vicinity. This provides a more substantial outdoor space for gardening, play, or entertaining relative to other homes in its category.
3. Has the property been updated?
The listing confirms the basement has been renovated. Buyers should inquire about the scope and timing of this renovation, as well as the condition of major systems (roof, HVAC) common to a home of this age.
4. Who might this property not suit?
It may not suit buyers seeking a modern, open-concept layout or those wanting a move-in-ready home with all major systems recently updated. The bi-level style and 1970s build date indicate a more traditional floor plan.
5. How does its value compare to the local market?
With an assessed value of $27,700, it ranks in the top third on its street and neighbourhood, indicating it is viewed as a solid property within its local market context. The provided comparable listings show similar homes in The Maples with a range of values, offering a clear benchmark for price evaluation.