1473 Ross Avenue W – Property Summary

Key Characteristics and Buyer Profile

This is a 1,180 sqft home on a 2,597 sqft lot, built in 1913, with an assessed value of $192,000. Its strongest feature is living space: the home is well above average for both its street (top 22%) and neighbourhood (top 14%), offering more interior room than most nearby properties. The lot, however, is on the smaller side—below average for the street and well below the citywide norm—so outdoor space is limited. The assessed value sits around the middle for the area but is notably low compared to the city as a whole, which reflects both the home’s age and the character of the Weston neighbourhood.

The appeal here lies in getting a larger-than-typical interior without paying a premium. Buyers who prioritize square footage over yard size will find this property offers more room for the money than newer or more central listings. It’s also priced well below the citywide average, which could make it accessible for first-time buyers or those looking to enter a stable, older neighbourhood without stretching their budget. That said, the 1913 build means older systems and likely maintenance needs—this suits someone comfortable with an older home and possibly interested in gradual updates, not someone expecting turnkey condition.

Five Possible FAQs

1. How does the assessed value compare to similar homes nearby?
On its street, the value is right around average (top 50%). In the Weston neighbourhood, it’s also average (top 37%). Citywide, it falls in the bottom 7% of comparable homes, which is expected given the age and location—this isn’t a sign of poor condition, just a reflection of market patterns.

2. Is a 2,597 sqft lot unusually small?
For the street, yes—it’s below average (top 77%), meaning most neighbours have larger lots. For the neighbourhood, it’s closer to the middle (top 60%). Citywide, it’s small (top 94%), but that’s typical for older urban areas where lots were subdivided more tightly.

3. What does “top 22% for living area” actually mean?
Out of 380 homes on Ross Avenue, this one ranks 83rd for interior square footage. That puts it in the upper quarter of the street—so if interior space is your priority, you’re getting above average for the immediate area.

4. Should a 1913 build worry me?
Not necessarily, but it’s worth being thoughtful. Older homes often have solid construction and character, but you should expect older wiring, plumbing, and possibly less insulation. It ranks in the bottom 10% citywide for age, so it’s genuinely old. A thorough inspection is advisable, but many buyers find these homes live well with gradual upgrades.

5. What keeps the price lower than newer neighbourhoods?
The combination of older construction, a small lot, and location in Weston (an established but not high-demand area) keeps the assessed value moderate. You’re trading newer finishes and a big yard for more interior space and a lower entry price. For some buyers, that trade-off makes sense.