Property Overview & Appeal

This one and three-quarter storey home on Alverstone Street in Daniel McIntyre is a character property with practical strengths. Its key characteristic is its above-average living space (1,356 sq ft) for both the street and the neighbourhood, offering more room than many comparable homes. The property sits on a standard city lot and includes a detached garage. Built in 1912, it carries the inherent charm and solid construction of its era, though the basement is noted as unrenovated.

The appeal lies in its position as a competitively sized home in a central, established neighbourhood. The data suggests it represents good value within its immediate area, with an assessed value that ranks well locally. It would suit a buyer looking for a character home with space to grow into, who values location over a modern, turn-key property. This could be a practical first home purchase or a project for someone comfortable with gradual updates, starting with the basement. A thoughtful perspective is that while its city-wide rankings for value and lot size are lower, this highlights the affordability and density of the central core compared to newer suburban areas—a trade-off many urban buyers actively seek.

Frequently Asked Questions

1. How does the assessed value compare to the likely market price?
The assessed value is a municipal figure for tax purposes and is typically lower than market value. The last recorded sale was in May 2021 for $24.5k, but current market conditions and demand in Daniel McIntyre will determine the actual listing and sale price.

2. What does "above average for the neighbourhood" mean for living space?
It means this home's square footage is larger than most similar homes in Daniel McIntyre. With 1,356 sq ft, it offers more interior space than the neighbourhood average of about 1,142 sq ft, which is a significant practical advantage.

3. Are there any concerns with a home built in 1912?
While offering character, a home of this age will likely require attention to aging components. The unrenovated basement suggests original foundations and mechanicals (like plumbing and wiring) should be thoroughly inspected. Updates for energy efficiency may also be a consideration.

4. What are the benefits of a detached garage?
A detached garage provides secure storage or parking without consuming living space from the main house. It also offers flexibility for future conversion to a workshop or studio, subject to local bylaws.

5. How does the lot size impact potential for expansion or outdoor use?
At 3,268 sq ft, the lot is typical for the area. It provides a decent backyard for city living but may have limitations for major additions like a large extension or pool, making it important to verify setback and zoning regulations for any future plans.