62 Eglinton Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a 1987-built home with 1,455 square feet of living space on a notably large 7,455 sqft lot. The house ranks second on its street for both lot size and assessed value, and sits in the top 9% citywide for valuation. The living area is slightly below the community average (Whyte Ridge median is around 1,666 sqft), but the lot is the largest on the street and well above the city median. The assessed value of $590,000 reflects a property that commands a premium in its immediate surroundings, though it’s less exceptional compared to newer homes in the broader area.
The appeal here is the land. For buyers who place a premium on outdoor space, yard privacy, or expansion potential, this lot stands out. The house itself is solid but not oversized—it’s a practical size for a couple, downsizers, or a small family who don’t need maximum square footage but want room to garden, build a shop, or simply not feel hemmed in. The 1987 build year is older than much of Whyte Ridge (where the median is 1994), but newer than the city average, so it’s not a fixer-upper but may appeal to those who prefer established construction over brand-new.
This suits buyers who value lot over house, want a strong resale position in a good street, and are comfortable with a home that’s well-maintained but not the newest on the block. It’s less ideal for someone who prioritizes a modern open-plan interior or top-tier energy efficiency.
Five Possible FAQs
1. How does the living space compare to other homes nearby?
The 1,455 sqft is slightly below the Whyte Ridge community average (1,666 sqft) and about average for the immediate street. It ranks in the top third citywide, but it’s not a large home by local standards. The trade-off is the lot size, which is well above average.
2. Is the assessed value of $590,000 in line with the market?
It’s the second-highest on the street (top 5%) and well above the city median of $390,000. In Whyte Ridge, it’s in the top 12%. That suggests strong demand for the location and lot, but buyers should confirm recent sale prices—assessments don’t always reflect current market conditions.
3. Why is the 1987 build year considered a positive here?
While 1987 is older than the Whyte Ridge median (1994), it’s newer than most homes citywide (median 1966). On this street, it’s tied for second-newest. A 1987 home often has good bones, mature landscaping, and fewer of the quality trade-offs seen in some late-90s builds. It’s not cutting-edge, but it’s likely been updated over time.
4. What can you actually do with a 7,455 sqft lot in Whyte Ridge?
That’s the largest lot on the street and in the top 16% of the community. It allows for a generous backyard, a large deck or patio, a detached workshop, or serious gardening. Zoning restrictions apply, but it’s a meaningful asset for anyone who values outdoor living or plans to eventually expand the footprint.
5. How does this property compare to newer homes in the area?
It won’t have the open-concept layouts, high ceilings, or modern finishes common in homes built after 2000. But it will likely have better construction quality, more solid materials, and a larger lot. Buyers should weigh the convenience of a newer interior against the space and character an older home on a big lot can offer.