Key Characteristics & Buyer Profile
This is a 1958 bungalow on a 5,585 sqft lot in Windsor Park, with 816 sqft of living space and an assessed value of $370,000 (for tax purposes). The property’s real standout is its value relative to the street and neighbourhood. While the living area is notably smaller than average—ranking in the bottom 10-15% both locally city-wide—the assessed value is above average on the street (top 24%) and in Windsor Park (top 30%). That dynamic is unusual: you’re paying more per square foot than most neighbours, which suggests the home’s appeal lies less in raw space and more in lot location, condition, or other unlisted features. The lot itself sits close to the street average, slightly below neighbourhood and city averages, but still provides a standard-size yard for the area.
The appeal here is for a buyer who prioritises location and solid bones over square footage. Windsor Park is a mature, established neighbourhood with good access to amenities and green space, so this could suit someone looking to get into a desirable pocket without stretching to a larger, pricier home. It may also interest a buyer who’s willing to renovate or add square footage, given the lot size and the fact that the property’s value already sits above surrounding comparables—suggesting it has underlying strengths that aren’t just about size. It’s less suited to someone who needs maximum living space for the money, or who wants a move-in-ready home with expansive rooms.
Frequently Asked Questions
1. How does the property’s living space compare to others in Windsor Park?
It’s smaller than most. At 816 sqft, it ranks in the bottom 10% of homes in the neighbourhood, where the average is about 1,091 sqft. That’s a meaningful gap, so if interior space is a top priority, it’s worth seeing the layout in person to judge how the square footage is used.
2. The assessed value is higher than the street average—what does that mean for taxes?
It means the property’s taxable value is above the median for Fontaine Crescent. Since property taxes are based on assessed value, you can expect to pay somewhat more than neighbours in lower-assessed homes. The value is still near the city average, so it’s not an outlier, but it’s worth factoring a slightly higher tax bill into your budget compared to other homes in the immediate area.
3. Is the land size considered small for the area?
Not really. The lot is 5,585 sqft, which is close to the street average of 5,700 sqft and slightly smaller than the neighbourhood and city averages (around 6,000-6,500 sqft). It’s a typical suburban lot for a home built in the late 1950s—room for a decent yard, but not oversized.
4. Why would the value be above average if the home is smaller than most?
Several factors could explain it: the home may have been updated or well-maintained, the lot might have a premium location within the street or neighbourhood, or the market in this part of Windsor Park simply supports higher prices. The data doesn’t specify, but it’s a clue that the home’s condition or setting is driving value more than square footage.
5. What are the chances a buyer could add on to this home?
Plausible, but it depends on zoning and the specific layout. The lot is close to the street average and the home was built in 1958, so there’s often potential for a rear addition or a second-storey expansion. That said, the property is already valued above its neighbours, so any addition would need to make financial sense relative to the existing market in Windsor Park. A local contractor or architect could give a clearer picture after a site visit.