9 Coral Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a 1958-built home on a notably large lot in Windsor Park. The living area is 1,040 square feet—slightly below the citywide average for comparable homes, but on par with others on the street itself. Where the property stands out is the lot: 7,150 square feet, ranking in the top 12% on Coral Crescent and top 11% in the neighbourhood. The assessed value is $393,000, which is above the local street and neighbourhood averages, though roughly in line with citywide numbers.
The appeal here is not a perfectly updated interior or a trendy location, but rather the land and the relative value for the neighbourhood. The lot size offers room for expansion, a large garden, or simply more outdoor privacy than most nearby homes. It sits on a street where many properties were built in the same era, so the character is consistent rather than varied.
This property would suit a buyer who is comfortable with a home that may need updating but wants to invest in a neighbourhood with solid assessed values and above-average land. It’s less suited for someone seeking a move-in-ready, modern interior in a high-turnover area. Think of it as a long-term hold for someone willing to put in sweat equity or build later.
Five Frequently Asked Questions
1. How does the living area compare to similar homes nearby?
The living area is slightly below the street average but within a typical range for the area. It ranks in the top 64% on Coral Crescent and top 55% in Windsor Park. The citywide average for comparable homes is higher, but that includes a broader mix of newer and larger properties.
2. Is the assessed value significantly higher than the street average?
Yes, but not dramatically. The assessed value is 6% above the street average and 11% above the neighbourhood average. Citywide, it’s close to the median. This suggests the home is well-positioned relative to its immediate context, but not overvalued compared to the broader market.
3. What is the lot size, and how does it compare?
The lot is 7,150 square feet, which is larger than 88% of the lots on the street and 89% in Windsor Park. Citywide, it’s in the top 16%—so it’s genuinely a standout feature. This is the property’s strongest metric.
4. When was the house built, and how does that compare to the area?
Built in 1958, which is typical for this street and slightly older than the neighbourhood average of 1961. It’s not one of the oldest homes on the block, but it’s from the same general era. The citywide average is 1966, so this home is a bit older than the median citywide.
5. What does "ranked #6 out of 50" or similar numbers actually mean?
These rankings compare this property to other similar homes in the same category. For example, lot size ranked 6th out of 50 on the street means only five comparable homes on Coral Crescent have a larger lot. The percentages (e.g., top 12%) show where it falls in the overall distribution. The accompanying bar charts and markers (median lines) give a visual sense of how far above or below average each feature is, relative to the local benchmark.