41 Fawcett Avenue

Property Overview & Key Characteristics

This 1905 two-and-a-half storey home in Wolseley offers a blend of historic charm and practical updates. Its key appeal lies in its generous 3,386 sqft lot, placing it in the top 58% for size on its street, and its desirable location within a well-established neighbourhood. The home itself features 1,516 sqft of living space and includes a renovated basement, adding valuable finished area. While it lacks a garage or pool, its value is anchored in its land and location.

The property suits buyers looking for a character home with some modern livability, particularly those who prioritize outdoor space in a mature, tree-lined area. It’s a solid candidate for someone comfortable with the upkeep of a century-old structure but appreciative of a basement that’s already been updated. The assessed value is notably stable and consistent with the area, suggesting a well-priced entry into the Wolseley market rather than a fixer-upper project. A thoughtful perspective is that this home represents a balance: it’s older than most on its street, but its lot size and renovated basement offer tangible compensations that align with practical modern living.

Frequently Asked Questions

1. What does the "renovated basement" likely include?
While specifics aren't listed, a noted "renovated basement" in a home of this era typically means it has been finished into a usable living space, such as a family room, office, or additional bedroom, and likely includes updated flooring, walls, and lighting. It’s a significant functional upgrade from an original cellar.

2. How does the age of the home (1905) impact ownership?
Built 121 years ago, the home comes with classic character but also requires a mindful approach to maintenance. Prospective buyers should budget for potential updates to older systems (like plumbing or wiring) and consider a thorough inspection. Its age is notably greater than many neighbours', which is a factor in its charm and its care.

3. The assessed value is $33.10k. Is that the market price?
No, the assessed value is for municipal tax purposes and is typically much lower than the market sale price. For reference, a similar nearby home on Maryland Street has an assessed value of $250k. Market price is determined by current buyer demand and recent sales of comparable properties.

4. With no garage, what are the parking options?
Parking would be via on-street permits. This is common in older Wolseley neighbourhoods. Buyers should confirm permit availability and any restrictions with the city, and consider the convenience of street parking in their daily routine.

5. How does this home compare to others in Wolseley?
The data shows a mix: its lot size is above average for the street, but the living area is slightly below average for the neighbourhood. Its last sold price in 2017 was competitive. This suggests it’s a property where the land and location are prime assets, offering potential for future enjoyment or expansion relative to the house's current footprint.