Property Summary: 760 Broadway

Key Characteristics & Ideal Buyer Profile

This 1907-built home offers 2,046 sq ft of living space and sits on a 3,951 sq ft lot. It's a solidly above-average property in its neighbourhood and city, but not an outlier. In the Wolseley area, the living space ranks in the top 20% — well above the local average of 1,622 sq ft. City-wide, it falls in the top 10% of all homes. The property’s assessed tax value ($318,000) is roughly average for its street and the broader city, but below the Wolseley neighbourhood average. The lot is larger than most in the community (top 16%) but smaller than the city average, typical for an older urban property.

The appeal here is space without extravagance. You get a genuine 2,000+ sq ft home in a central neighbourhood, with an assessed value that hasn't outpaced the local market — suggesting reasonable tax expectations. The 1907 build year means this is an older home, even by Wolseley standards (which skew older), and far older than the city average. Buyers should expect character details typical of the era, but also potential maintenance and update needs.

This property suits someone who wants a roomy house in an established central neighbourhood, values historic character, and is comfortable with an older home that may need ongoing attention. It's less suited to someone seeking a turnkey modern build or a large suburban lot.

Frequently Asked Questions

1. Is the assessed value low compared to the neighbourhood average, and does that affect taxes?
Yes, the assessed value of $318,000 is about $53,000 below the Wolseley average of $371,000. Property taxes are based on assessed value and mill rates, so the lower assessment likely means taxes are below what you'd pay for an average home in the area. That said, assessments are periodic, so future reassessments could shift that.

2. The home was built in 1907. What are the main things to look out for?
Any home this age could have original wiring, plumbing, and foundation issues. While many older homes in Wolseley have been updated, the data shows this property is older than 89% of homes in the area — meaning it's among the oldest even for this historic neighbourhood. A thorough inspection should pay extra attention to the electrical system, roof age, and basement condition.

3. How does the lot size compare to typical properties in the area?
The 3,951 sq ft lot is larger than 84% of properties in Wolseley, so you're getting more outdoor space than most neighbours. However, it's smaller than the citywide average of 6,570 sq ft — typical for a central, older neighbourhood where lots tend to be more compact than newer suburban developments.

4. How does this property stack up on its own street?
On Broadway, it's mid-pack for living space (6th out of 9 homes) and lot size (5th), but ranks 3rd for assessed value. So compared to immediate neighbours, the home offers reasonable value: more space than some higher-assessed properties, and a lower tax valuation than you might expect given its size.

5. What type of buyer would this property be a poor fit for?
It would likely be a poor fit for someone wanting a low-maintenance, move-in-ready newer build, or for buyers expecting a large suburban lot. It also may not suit someone with a tight renovation budget, given the age and likelihood of updates being needed. People who prefer uniform, modern subdivisions may find the character and quirks of an older central neighbourhood less appealing.