Property Overview & Key Characteristics

This single-storey home at 12 Remi Claeys Crescent in Canterbury Park is a property defined by its land and location more than its interior footprint. Built in 2009, it offers modern construction fundamentals without recent renovations. The key feature is its generous 5,869 sqft lot, which is notably larger than most in the Canterbury Park neighbourhood and sits around the city-wide average. The living space is a modest 1,203 sqft, which is compact for the street but typical for the wider area. It includes an attached garage and an unrenovated basement, presenting a blank canvas for future expansion.

Its primary appeal lies in the opportunity it represents. The large lot in a well-regarded, established neighbourhood provides rare potential for expansion, gardening, or outdoor living. It suits a practical buyer—perhaps a first-time homeowner, an investor, or a downsizer—who values a solid, newer build on a premium lot size and is willing to update the interior and basement over time. It’s less suited for those seeking immediate move-in perfection or maximum square footage under the roof today.

Frequently Asked Questions

1. Is the assessed value an accurate guide for the likely sale price?
Not directly. The current assessed value is a municipal tool for tax purposes. The last known sale was in 2019 for $362,000, and market conditions have shifted significantly since then. A professional market valuation is essential.

2. How does the smaller living area impact value?
While the home's footprint is modest, it is offset by the large lot and modern build year. This creates a value proposition centred on land and potential, rather than existing finished space. It may appeal to those planning a future addition.

3. What does "above average for the neighbourhood" for the lot size mean practically?
It means you're getting more private outdoor space than most homes in Canterbury Park. This is a tangible advantage for privacy, recreation, or future projects, making the property stand out in its immediate area.

4. The home is described as having an unrenovated basement. What should I consider?
This means the basement is functional but dated, likely awaiting finishing or updating. Factor in the cost and effort to renovate it to your standards. However, it also means no previous DIY work to undo, offering a clean starting point.

5. The home ranks low for living area on its own street. Is that a concern?
It highlights that this specific street may have larger homes. This isn't inherently negative but clarifies the property's positioning. It could mean a slightly more affordable entry point to a desirable street, with the lot size being a compensating premium feature.