Property Overview

This two-storey home at 57 Athlone Drive presents a compelling blend of space, updates, and location. Its primary appeal lies in its generous 9,140 sqft lot, which places it in the top 12% for size on its street, offering significant outdoor potential. The home itself features a renovated basement and a rare private pool, adding immediate lifestyle and entertainment value. Built in 1963, it is a classic, well-established property in the Booth neighbourhood.

The data suggests it suits two main types of buyers: those seeking a move-in-ready home with premium amenities (the pool and renovated basement) without needing a garage, and value-conscious buyers or investors who see strong long-term potential. The lot size is a standout, far exceeding typical dimensions and offering room for expansion, gardens, or recreation. Recent sale history shows steady value appreciation, and its current assessed value is modest relative to the lot size and features, which could indicate room for equity growth. It’s ideal for someone prioritizing private outdoor living space and modernized interiors over a newer build or attached garage.

Frequently Asked Questions

Q: How does the lot size compare to typical properties?
A: Exceptionally well. At over 9,000 sqft, the lot is in the top 12% for size on the street and top 13% in the neighbourhood, offering substantial outdoor space that is increasingly rare.

Q: What is the significance of the recent sale history?
A: The home sold for $42.2k in 2022 and $35.1k in 2017. This trajectory suggests a pattern of value growth, which is a positive indicator of the property’s market position.

Q: The home was built in 1963. What should I consider?
A: While the basement has been renovated, a home of this age will have core systems (like plumbing, electrical, and the roof) that are likely original or older. A thorough inspection is advised to budget for any necessary updates or maintenance.

Q: There's no garage. How does that impact value and livability?
A: The lack of a garage is a trade-off for the enormous lot and pool. For some buyers, this is a drawback. For others, the land itself provides the option to build a garage or workshop in the future, which could be a strategic investment.

Q: How does the assessed value relate to the likely selling price?
A: The assessed value for tax purposes is $38.8k, but the last sale was higher at $42.2k in 2022. Market conditions, the unique lot, pool, and renovations mean the selling price will be determined by current buyer demand, not the assessment.