Property Overview: 61 Noble Avenue, Glenelm

Section 1: Key Characteristics & Appeal

This two-storey home in Glenelm presents a compelling blend of established character and above-average metrics for its immediate area. Built in 1942, it is notably newer than many of its neighbours, offering potential advantages in foundational wear and building materials. With 1,536 sqft of living space, the home provides ample room, ranking in the top 15% for size within the Glenelm neighbourhood.

The primary appeal lies in its strong positional value. The assessed value places it in the top 15% for Glenelm, suggesting it is viewed as a substantial property within this sought-after community. It suits buyers looking for a character home in a mature neighbourhood without the extreme upkeep of an earlier-century build. It’s ideal for someone who values space and established community charm over a brand-new build or a large lot, as the land area is fairly typical for the inner-city locale. The unrenovated basement presents a clear project for value addition, appealing to buyers comfortable with phased improvements.

A thoughtful perspective: this property represents a "middle ground" in historic neighbourhoods. It offers the classic two-storey form and mature setting but may come with fewer of the severe maintenance surprises sometimes found in pre-WWI homes, making it a potentially more manageable entry into character home ownership.

Section 2: Frequently Asked Questions

1. What does the assessed value ranking mean for this property?
It indicates that, according to municipal assessment, this home is considered more valuable than most properties in both its immediate area (Noble Avenue) and the broader Glenelm neighbourhood. This often reflects a combination of its size, condition, and desirability within the community.

2. Is the basement finished?
No, the basement is noted as being present but unrenovated. This provides a blank canvas for future development but means the current living space is confined to the above-ground floors.

3. How does the lot size compare?
At 3,317 sqft, the land area is very typical for Glenelm and Noble Avenue. It is, however, below the city-wide average, which is expected for an established inner-city neighbourhood. The focus here is more on the home and location than on expansive outdoor space.

4. The home is from 1942, but ranked as "Elite" for its year built on Noble Avenue. Why?
This highlights the age of the surrounding housing stock. Many homes on the street and in Glenelm are older, some dating to the early 1900s. A 1942 build is therefore relatively newer in this specific context, which can be a positive for structural components.

5. What type of immediate upkeep should be anticipated?
While the data doesn't specify condition, any home over 80 years old will require diligent attention to core systems like roofing, plumbing, and wiring. The unrenovated basement also suggests that any moisture management, insulation, or foundational updates would be a priority for a new owner.