132 Campbell Street – Property Summary
Key Characteristics & Ideal Buyer Profile
This 1,800-square-foot home, built in 2020, sits on a 5,989-square-foot lot in the Wellington Crescent area. What stands out most is its assessed value: $909,000, placing it in the top 1% citywide and on its own street. That value isn’t driven by land or square footage alone—the home is newer than almost everything around it (top 3% citywide for year built), and its living area is well above average for both the street and the city. The land itself is slightly above the street average but below the neighbourhood average, meaning you’re paying a premium for the house, not the lot.
The appeal here is subtle. On Campbell Street, most homes have a fraction of this property’s assessed value, so this house sits in a pocket where it’s clearly the outlier. That could be attractive to someone who wants a newer, larger home in an established central neighbourhood without moving into a block of matching infills. It’s also a fit for buyers who care about resale positioning: being top-ranked for age and value in multiple scopes suggests strong underlying demand.
This property would suit a buyer who values a turnkey modern home in a well-located, mature neighbourhood, and who is less concerned with lot size or street prestige. It’s less suited to someone seeking a large yard or a property that blends in with its neighbours architecturally.
Frequently Asked Questions
1. How does the assessed value compare to what I’d actually pay?
Assessed value is a market-based estimate for property tax purposes, not a list price or sale price. In a top-1% citywide position, you should expect the sale price to reflect that scarcity—but it’s not a guarantee. Check recent sales of newer homes in Wellington Crescent for a more direct comparison.
2. Why is the land area ranked lower than the house itself?
The lot is about average for the street and slightly below the neighbourhood average. Many older homes in Wellington Crescent sit on larger lots, so this property’s value comes from the house, not the land. That’s common for newer infill homes.
3. What’s the neighbourhood like in terms of home age and character?
Most homes on Campbell Street and in Wellington Crescent were built in the 1940s. This house is a sharp contrast—new construction from 2020. If you prefer a block with consistent architecture, this may stand out more than you’d like. If you value modern finishes and efficiency, it’s a clear advantage.
4. How does the living area rank against comparable newer homes?
The 1,800 sqft is above average for the street (1,299 sqft) and citywide (1,342 sqft), but below the neighbourhood average of 2,343 sqft. The reason? The neighbourhood average is pulled up by large older homes. Among modern infills, this size is competitive.
5. Is this property in a flood zone or subject to special zoning?
That’s not addressed in the data here. Given its location in Wellington Crescent near the river, you’d want to confirm flood risk and any overlay zoning with the city or a title search. Don’t assume the land ranking accounts for that.