This is a 1,076 sqft home built in 1961, sitting on a notably large 7,068 sqft lot in the Windsor Park neighbourhood. The property’s strongest feature is its lot size, which ranks in the top 16% citywide and the top 12% within the neighbourhood—meaning it offers more outdoor space than most comparable homes nearby. Its assessed value of $399k is above average for both the street (top 21%) and the neighbourhood (top 9%), which suggests the home is already positioned as a relatively strong asset in its immediate area. The living area and age are both around the middle of the pack locally, so the home doesn't stand out for being big or new, but it is solidly average on those fronts.
The appeal here is primarily in the land and the value proposition. For buyers who prioritize yard space—whether for gardening, parking, storage, or future expansion—this property punches above its weight. It suits someone who values a good neighbourhood ranking and a larger lot over a finished, turnkey interior. It may also appeal to buyers looking for a home with potential: the lot offers room to add square footage or redevelop, while the current structure is a functional, mid-century family home in a stable area. Buyers who need a large interior or a recently renovated house might find it less compelling—this is more of a solid, sensible buy than a flashy one.
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How does the lot size compare to other homes nearby?
The lot is 7,068 sqft, which is about 17% larger than the average for the street (6,559 sqft) and 14% larger than the neighbourhood average (6,030 sqft). It ranks in the top 12% of Windsor Park and the top 16% citywide.
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Is the assessed value above or below market?
The assessed value is $399k, which is higher than the street average ($370.4k) and the neighbourhood average ($354.2k), but close to the citywide average for comparable homes ($390.1k). This suggests the property is valued a bit above its immediate peers, likely due to the larger lot. However, assessment and market price are not the same—market conditions will determine the final sale price.
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What is the condition of the home?
The data doesn’t include specific condition details or renovation history. The year built is 1961, and with that age, it’s reasonable to expect some updates may be needed or have been done. Buyers should budget for a home inspection to assess major systems like the roof, furnace, windows, and foundation.
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How does this home compare to others on the same street?
It ranks 4th out of 19 homes on Newark Road for assessed value (top 21%) and 7th out of 19 for lot size (top 37%). For living area and age, it’s close to the street average. So it’s one of the higher-value homes on the street, mainly due to the land.
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Who would not be a good fit for this property?
Buyers who want a large, open-concept interior right away, or who prefer a newer, low-maintenance home with modern finishes, might be better suited elsewhere. The home’s value is strongly tied to its lot, not its interior size or age. Also, if you’re not interested in maintaining a 7,000+ sqft yard, the extra land could feel like a burden rather than a benefit.