Key Characteristics & Buyer Profile
This is a 1,040 sqft home built in 1967 on a 6,065 sqft lot in Windsor Park. Its standout feature is its construction year – it’s the newest house on its street and well above average for the neighbourhood, which tends toward older stock. The living space is small for its street (ranking 19th out of 20) but lands near the middle for its wider community and the city. The lot size is close to the street average, slightly above the community average, and notably larger than many properties citywide.
The appeal lies in balance: you get a fairly new (by local standards) structure without paying a premium for a bigger house. The assessed value of $361,000 is lower than the street average but sits near the community and city medians, suggesting the price reflects the smaller square footage rather than any location deficit. This property would suit a buyer who prioritizes a solid, well-aged build and a decent-sized yard over interior square footage. It’s a practical fit for someone looking to avoid major structural updates in an older neighbourhood, or for a downsizer who values outdoor space and a quieter street over a large floor plan. Less obviously, the combination of below-street-average size and above-street-average construction year could appeal to an investor seeking a lower entry point on a block where larger, pricier homes dominate.
Five Possible FAQs
1. Is this house small for the neighbourhood?
Yes, on its street. It’s one of the smallest homes on Lochinvar Avenue. But within the broader Windsor Park area, it’s close to the median size, so it won’t feel unusually cramped compared to the community at large.
2. Why is the assessed value lower than the street average if the house is newer?
Newer construction often supports higher value, but square footage is the stronger driver here. The house is significantly smaller than most others on the street, which pulls the assessed value down. In Windsor Park, where the average home is smaller, the value lands closer to the norm.
3. Is the lot really big enough for additions or a garden?
At 6,065 sqft, the lot is above average for the city and right at the community median. It’s not oversized by suburban standards, but it offers enough room for a substantial garden, a small shed or workshop, or perhaps a modest extension, provided local zoning allows it.
4. How does the 1967 build hold up compared to newer homes?
Homes from the mid-60s are generally considered solid construction, often with good bones and simpler systems than much older houses. It’s not modern, but it’s likely more straightforward to maintain than a house from the 1950s or earlier. Key elements to check would be the roof, furnace, and windows, which are typical for that era.
5. Who would this house not suit?
Buyers who need a large open-plan interior or who want a move-in-ready space with contemporary finishes might find the layout too compact or dated. Also, anyone hoping for quick appreciation through a rising street value may find that the smaller size caps gains relative to the larger homes nearby.