Property Overview
This 1975-built, one-storey home in Varsity View offers a practical and well-located living option. Its key characteristic is a balanced, no-frills package: a fully finished basement adds valuable living space to the 1,088 sqft main floor, all situated on a generous 6,004 sqft lot. The appeal lies in its established neighbourhood setting and relative value, presenting a move-in-ready canvas. It particularly suits first-time buyers seeking a solid starter home with room to grow, or downsizers looking for single-level living without a condo fee. A thoughtful perspective is its strong "newness" ranking for the street—being newer than 87% of its immediate neighbours—which suggests it may require less immediate major upkeep compared to older area homes. However, its average rankings for size and value within the community indicate it's a typical, rather than standout, offering for the area.
Frequently Asked Questions
1. What is the true condition of the finished basement?
Given the home's age, it's wise to inquire about when the basement was finished, the quality of materials used, and to check for any signs of moisture or foundational settling during a viewing.
2. How does the property's assessment compare to the asking price?
The municipal assessment is $343,000. Understanding the seller's asking price in relation to this figure, and to recent sales of similar homes on the street, will be key to evaluating the deal.
3. What are the monthly utility costs, especially in winter?
As a 51-year-old home, its insulation and heating system efficiency can significantly impact living expenses. Requesting recent utility bills provides a realistic picture of ongoing costs.
4. Is there potential for future expansion or renovation?
The large lot size is a notable asset. Buyers should verify local zoning bylaws to understand if adding an extension, garage, or secondary suite is a feasible long-term possibility.
5. What is the parking situation beyond the attached garage?
The home has an attached garage, but for households with multiple vehicles or frequent visitors, it's practical to assess the driveway capacity and on-street parking availability.