| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Land Area 5,014 sqft | Top 18%26/146 Avg4,300 sqft Top 52%352/676 Avg5,139 sqft Top 54%105325/194458 Avg6,570 sqft 299 Newton Avenue: For Land Area. On Newton Avenue, above average — Top 18%, rank 26 of 146, and comparable homes in that group average about 4,300 sqft. in Margaret Park, around average — Top 52%, rank 352 of 676, and comparable homes in that group average about 5,139 sqft. citywide, around average — Top 54%, rank 105325 of 194458, and comparable homes in that group average about 6,570 sqft. | ||
Year Built 1966 （60 years ago） | Top 24%35/146 Avg1954 Top 46%314/676 Avg1963 Top 52%101127/194458 Avg1966 299 Newton Avenue: For Year Built. On Newton Avenue, above average — Top 24%, rank 35 of 146, and comparable homes in that group average about 1954. in Margaret Park, around average — Top 46%, rank 314 of 676, and comparable homes in that group average about 1963. citywide, around average — Top 52%, rank 101127 of 194458, and comparable homes in that group average about 1966. | ||
Living Area 1,240 sqft | Top 16%23/146 Avg988 sqft Top 17%117/676 Avg1,047 sqft Top 46%90269/194458 Avg1,342 sqft 299 Newton Avenue: For Living Area. On Newton Avenue, above average — Top 16%, rank 23 of 146, and comparable homes in that group average about 988 sqft. in Margaret Park, above average — Top 17%, rank 117 of 676, and comparable homes in that group average about 1,047 sqft. citywide, around average — Top 46%, rank 90269 of 194458, and comparable homes in that group average about 1,342 sqft. | ||
Assessed Value 31.50k | Top 34%50/146 Avg29.20k Top 52%354/676 Avg30.50k Top 66%128657/194458 Avg390k 299 Newton Avenue: For Assessed Value. On Newton Avenue, around average — Top 34%, rank 50 of 146, and comparable homes in that group average about 29.20k. in Margaret Park, around average — Top 52%, rank 354 of 676, and comparable homes in that group average about 30.50k. citywide, around average — Top 66%, rank 128657 of 194458, and comparable homes in that group average about 390k. | ||
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: colored length ≈ share of peers you outperform; vertical line ≈ median benchmark; white tick = your position. Badge tint: gold / blue / gray / dark gray for top ~1–5% / 5–30% / 30–70% / beyond.
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Property Overview
This well-situated one-storey home in Margaret Park offers a practical and comfortable living space on a generous 5,014 sqft lot. Built in 1966, its key appeal lies in its above-average living area (1,240 sqft) for the street and neighbourhood, ranking in the top 20% locally. The home features a renovated basement, adding valuable finished space. Its assessed value is modest relative to its size, suggesting potential value for the square footage. The lot size is a significant asset, offering ample outdoor space that is larger than most in the immediate area.
The property would suit first-time buyers or downsizers looking for a manageable single-level layout with room to grow or relax outdoors. It also appeals to value-conscious buyers seeking a home with a move-in-ready basement in a mature neighbourhood, where the land itself represents a substantial portion of the investment. A less obvious perspective is that homes from this era often have simpler, more robust construction and a straightforward floor plan that can be easier and more affordable to maintain or update over time compared to much older or newer builds.
Frequently Asked Questions
1. What does the ranking data (e.g., "Top 16%") actually mean?
This shows how the property compares to others in the named area (street, neighbourhood, or city). For example, living area in the "Top 16%" on its street means 84% of homes on Newton Avenue have a smaller living area. It's a quick way to see the home's relative size and value.
2. Is the low assessed value a concern?
Not necessarily. Municipal assessed value for taxation purposes often lags behind market value and doesn't account for interior condition or recent renovations (like the basement). It can indicate a favourable tax base, but the sale price will be determined by the current market.
3. What are the implications of having no garage?
This is common for homes of this vintage. The large lot provides ample space for driveway parking and potential to add a garage or shed in the future, subject to local bylaws. Buyers should budget for seasonal tasks like clearing snow from a driveway.
4. The home is 60 years old. What should I be mindful of?
While the renovated basement is a plus, it's wise to have a thorough inspection focusing on the core systems: the roof, foundation, plumbing, and electrical, which may be original or nearing the end of their service life.
5. How does this lot size compare to a new subdivision?
At over 5,000 sqft, this lot is significantly larger than many modern suburban lots. It offers a rare combination in mature neighbourhoods: a single-level home with substantial outdoor space for gardening, play, or entertaining, without the maintenance of a two-storey.
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