Property Overview

This one and three-quarter storey home in Elm Park presents a blend of established neighbourhood character and practical updates. Its key appeal lies in its above-average living space (1,416 sq ft) and a generous, well-sized lot (5,200 sq ft) that ranks in the top 10% for its immediate street. The home benefits from a renovated basement, adding functional living area. Built in 1930, it offers the classic charm and solid construction of its era, situated on a quiet avenue.

The property suits buyers looking for a home with room to grow or garden in a mature, central neighbourhood, without the premium price tag of a newer build. It’s particularly well-matched for those who value a larger parcel of land over a modern floor plan, and for practical buyers who appreciate that a major renovation (the basement) is already complete. The assessed value is consistent with area averages, suggesting a fair market entry point.

Frequently Asked Questions

1. How does the home’s size compare to others in the area?
The living area is above average for both Cunnington Avenue and the wider Elm Park neighbourhood, offering more interior space than many comparable homes.

2. What does the lot size mean for potential buyers?
At 5,200 sq ft, the lot is a standout feature for the street, offering significant outdoor space for gardening, play, or future expansion relative to nearby properties.

3. Is the assessed value a reliable guide for the sale price?
The assessed value is around the neighbourhood average. It serves as a baseline, but the final sale price will be determined by current market conditions, the home’s updated condition, and its desirable lot size.

4. What should I consider about a home built in 1930?
While offering character and durable construction, a home of this age may have older systems (like plumbing or wiring) that could require attention or updating, even with a renovated basement.

5. How does the lack of a garage affect property value?
The absence of a garage is factored into the current assessment. For buyers, it presents either a cost-saving opportunity or a potential future project to add parking or storage, depending on needs and budget.