Property Overview & Key Characteristics
This 2003-built, single-storey home on a large 5,731 sqft lot in Varsity View offers a practical and low-maintenance living format. Its key appeal lies in a combination of modern build age, above-average interior space for its style, and a substantial lot that is rare for newer properties. The home ranks notably well within its immediate area for its newer construction date and overall assessed value.
It is an ideal fit for first-time buyers or downsizers seeking a manageable single-level layout without sacrificing yard space, or for investors attracted by a relatively modern property in a established neighbourhood. A thoughtful perspective is that while the basement is unfinished, it presents a clear opportunity for future customization or added value, allowing a buyer to tailor the space to their needs without inheriting someone else's dated renovations.
Frequently Asked Questions
1. How does the property's age compare to others nearby?
Built in 2003, this home is newer than over 90% of properties in both its immediate street and the wider Varsity View community, offering modern construction standards among older homes.
2. Is the lot size typical for the area?
At 5,731 sqft, the lot is generously sized. This is a significant advantage, as larger lots are less common for homes of this newer vintage and provide ample outdoor space or expansion potential.
3. What does the assessment ranking mean for its value?
The home's assessed value ranks higher than approximately 83% of homes on its street and 68% in the community, suggesting the municipal assessment views it favorably compared to local benchmarks.
4. Who would this property suit best?
Its single-storey design (ONE STOREY) and unfinished basement make it particularly suitable for those seeking minimal stairs, such as downsizers, or buyers who want to finish a basement to their own specifications over time.
5. Are there any immediate major projects?
The unfinished basement is the primary project space. There is no mention of a swimming pool, and the home includes attached garage parking, so no major exterior additions are needed for basic functionality.