98 Columbus Crescent – Property Summary
Key Characteristics & Buyer Profile
This property stands out most for its exceptional lot size. At 11,405 square feet, it ranks #1 on its street (top 2%), #74 in Westwood (top 3%), and in the top 4% citywide. The average lot in the area is roughly 6,100–6,500 square feet, so this is nearly double that—unusual for an older urban neighbourhood. The house itself was built in 1964, which puts it around the median for both the street and the area, meaning you’re not paying a premium for a newer build. Living space is 1,612 square feet, above the street, neighbourhood, and city averages, but not dramatically so. The assessed value of $493,000 is notably higher than the street average of $399,800 and the neighbourhood average of $392,100, reflecting the land value as much as the house itself.
The appeal here is straightforward: you’re buying land, not just a home. For someone who wants a large private yard, room for gardens, workshops, or future expansion, this is hard to beat in an established area like Westwood. It would suit buyers who value space and potential over turnkey perfection—people willing to invest in a property where the house is solid but the real asset is what sits underneath it. It may not be ideal for someone seeking a move-in-ready, modern floor plan.
Five Possible FAQs
1. How does the lot size compare to other homes in Westwood?
It’s in the top 3% of the neighbourhood and the top 2% on the street. The average lot in the area is about 6,500 square feet, so this is roughly 75% larger.
2. Is the assessed value high for the house itself or mostly for the land?
Given that the lot ranks much higher than the living area, the value is heavily weighted toward the land. The house is older (1964) and above-average in size but not exceptional, so the assessment reflects the scarcity of a large lot in this location.
3. What’s the condition of the house?
The provided data doesn’t include condition or renovation history. The year built (1964) is average for the area, so you would want a home inspection to assess systems, roof, windows, and foundation. The ranking data suggests the structure is typical for its age.
4. How does this property compare to others on Columbus Crescent?
It ranks #1 for lot size, #6 for assessed value, #7 for living area, and #23 for year built. So it’s the biggest lot on the street by a wide margin, with a higher-than-average home, but not the newest.
5. What should I consider before buying?
Think about whether you want a larger property to maintain year-round—lawns, snow removal, landscaping. Also consider zoning: a lot this size in an older neighbourhood may have potential for subdivision or secondary suites, but you’d need to check with the city. Don’t assume the house will meet modern energy-efficiency or layout expectations without a closer look.