35 Worthington Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 1946-built home with 825 sqft of living space on a 5,046 sqft lot. The assessed value for tax purposes is $254,000. Across every metric except land size relative to the city, this property sits below its local and citywide averages.
The appeal here is straightforward: it’s a smaller, older home on a modest lot in an established neighbourhood, priced accordingly. The assessed value is significantly lower than both the street average ($321,000) and the city average ($390,000), which suggests it could be a more entry-level option in a higher-value area. The land size, while small for the street (averaging over 10,000 sqft), is closer to the citywide norm—so you’re not paying a premium for a large yard you might not need.
This property would suit buyers who are less concerned with square footage or a recent renovation and more focused on location, lower purchase price, and the potential to add value over time. It may also appeal to someone looking for a smaller footprint or a starter home in a neighbourhood where larger, pricier homes are the norm. One less obvious angle: the below-average build quality or updates that often come with a 1946 home might not be a drawback if you plan to renovate selectively—you’re not paying a premium for someone else’s finishes.
Frequently Asked Questions
1. How does this property compare to others on Worthington Avenue?
Across the board—living space, assessed value, build year, and lot size—it ranks in the lower third to lower quarter on the street. The street average for living area is 1,102 sqft, and for lot size, it’s over 10,000 sqft, so this home is notably smaller and on a smaller lot than most neighbours.
2. Is the assessed value of $254,000 a realistic market price?
Assessed value is used for property tax calculations and may not reflect current market value, especially in a shifting market. It’s a reference point, not a listing price. You would want to compare recent sales in the area.
3. What does “below average” in all categories mean for resale value?
It means you’re buying at a lower price point relative to the neighbourhood. That can be a good thing—lower entry cost, potentially more upside if you renovate or if the area appreciates. But it also means the property may take longer to sell if market conditions soften, since it’s less competitive on size and condition.
4. How old is the home, and what should I look out for with a 1946 build?
The home was built in 1946, which is older than most on the street (average build year 1957) and in the city (average 1966). With a home this age, you can expect potential issues with original wiring, plumbing, insulation, and possibly foundation or roof condition. A thorough home inspection is strongly recommended.
5. Is the 5,046 sqft lot considered small?
It depends on the context. On Worthington Avenue, it’s well below average. Within the wider community, it’s close to the neighbourhood average but still below. Citywide, it’s close to the median. So it’s a modest urban lot—not tiny, but not spacious by local standards. If you value a low-maintenance yard, it could be a plus.