9 Arundel Road – Property Summary
Key Characteristics & Buyer Profile
This is a 1955 bungalow with 892 square feet of living space on a 4,996-square-foot lot, currently assessed at $348,000. Its strongest feature is its street-level value: it ranks 3rd out of 51 homes on Arundel Road for assessed value (top 6%) and is the oldest home on the street by year built (top 2%). The living area is slightly above the street average of 834 square feet, though below the neighbourhood and citywide averages. The land area is in line with the street average but smaller than most in the wider Windsor Park area and city overall.
The appeal lies in buying a well-positioned asset within a specific street context. On Arundel Road, this home offers above-average value per square foot, likely reflecting a solid structure or desirable lot placement. Its age (1955) suggests it may have original character or construction quality that newer infills lack, though updates and condition would need to be verified in person. The land, while modest by neighbourhood standards, is still nearly 5,000 square feet—enough for a functional yard or future expansion, but not oversized enough to cause maintenance burden.
This property would best suit a buyer who prioritizes street-level value and is comfortable with a smaller, older home. It could appeal to first-time buyers looking for an affordable entry into a stable street, or to investors seeking a property with strong relative value that may benefit from targeted renovations. Buyers who want a larger living area or newer construction would likely look elsewhere in Windsor Park or beyond.
Five Possible FAQs
1. How does the assessed value compare to similar homes nearby?
The assessed value of $348,000 ranks in the top 6% on Arundel Road, meaning it is well above most homes on the same street. However, it sits around the median for the broader Windsor Park neighbourhood and citywide, so the value premium is local rather than regional.
2. Is the living area considered small for the area?
At 892 square feet, the living area is slightly above the street average of 834 square feet but below the neighbourhood average of 1,091 square feet and the citywide average of 1,342 square feet. It’s a compact home that ranks in the bottom 8% citywide for size.
3. What does the year built (1955) mean for maintenance or character?
It is the oldest home on Arundel Road (top 2% on the street) and older than most in the neighbourhood and city. This can mean solid mid-century construction, but may also involve older systems (plumbing, electrical, windows). A home inspection is essential to assess current condition. Some buyers value the character and potentially lower property taxes compared to newer builds.
4. How does the land area affect usability or future potential?
The lot is 4,996 square feet—around average for the street but below the neighbourhood and citywide averages. It’s large enough for a typical yard and garden, and may allow for a garage addition or small extension, depending on zoning. It is not a “oversized” lot, so those hoping to subdivide or build a secondary dwelling would likely need to check local bylaws carefully.
5. What type of renovations would add the most value here?
Given the strong street-level value and older construction, improvements that modernize the interior (kitchen, bathroom, finishes) while preserving the original character could yield good returns. Upgrading systems (furnace, windows, insulation) would improve efficiency and appeal. Expanding living space is less practical on a smaller lot, so focus on quality over square footage.