35 Trafford Park

Here is a clean, standalone summary of the property at 35 Trafford Park, written for direct display on a webpage.

Key Characteristics & Ideal Buyer

This is a 1,114 sqft home built in 1976, situated on a 1,696 sqft lot. Its standout feature is its build year: it is the oldest home on its street (ranked #1 out of 44), giving it a level of character and construction quality from that era that most neighbours lack. The lot size is notably small, even for the street, and is among the smallest citywide.

The appeal lies in a trade-off. The home is more affordable than comparable properties at both the street and neighbourhood level, with an assessed value of $229k. You are buying into a better-than-average street for living space without paying the premium. This makes it a practical option for a buyer who values a solid, older structure over square footage or a large yard. It would particularly suit a first-time buyer looking for a lower entry point in a specific location, or someone who prioritises indoor space efficiency over outdoor land. Be aware that the assessment suggests the property has not appreciated at the same rate as its neighbours, which could be a factor for resale.

Frequently Asked Questions

1. How does the living space actually compare to other homes nearby?
On the street itself, this home’s 1,114 sqft is above average, ranking in the top 30%. It is slightly larger than the typical home in the wider Worthington neighbourhood. However, it is notably smaller than the citywide average for comparable homes (1,342 sqft). So, you are getting a decent amount of space for this street, but it is not a large home by city standards.

2. The lot size seems very small. Is that accurate?
Yes. The lot is 1,696 sqft. This is roughly average for the immediate street but drastically smaller than the neighbourhood average of 7,831 sqft. Citywide, it ranks in the bottom 1%. If you want a yard for gardening, pets, or expansion, this property is likely not a good fit. It is a low-maintenance, compact urban lot.

3. Why is the assessed value so much lower than the neighbourhood average?
The assessed value of $229k is significantly below the neighbourhood average of $315.3k. This is driven primarily by the small lot size and the home’s overall size relative to the local market. While the house itself is older and solid, the land it sits on does not command the same value as the larger lots surrounding it. This keeps the total assessment down.

4. What does "built in 1976" actually mean for maintenance?
Being the oldest home on the street (ranked #1 of 44) suggests it predates most of its neighbours. A home from 1976 may have original systems (plumbing, electrical, roof) that are due for updates. However, in a neighbourhood where the average home was built in 1962, this is a relatively young property. A thorough home inspection is key to understanding if major updates have been done or are needed.

5. Is this a good investment property?
The low purchase price relative to the street is an advantage for cash flow, and the small lot means lower upkeep costs. However, the below-average assessment growth compared to the neighbourhood suggests limited upside from land appreciation. It could be a solid rental with steady, modest returns, but it is unlikely to be a high-growth asset. Your return will come from rental income, not land value increase.