Property Overview

110 Syracuse Crescent presents a well-proportioned family home in the established Waverley Heights neighborhood. Its primary appeal lies in its balanced and above-average positioning across key metrics when compared to its immediate surroundings. The home suits buyers looking for a solid, move-in-ready property in a mature area without the premium often attached to newer or fully renovated homes. It’s particularly fitting for those who value a larger-than-average lot space for the area, offering room for gardens, play, or expansion.

Key Characteristics & Appeal:
Built in 1978, the home features 1,120 sqft of living space, which is typical for the street and neighborhood. Its standout feature is the 7,074 sqft lot, which is consistently above average for the street, neighborhood, and even citywide. This generous outdoor space is a significant asset in a settled community. The property’s assessed value of $437k is notably above the local averages, suggesting it is viewed favorably relative to its peers in terms of appraisal. This creates an interesting dynamic: you get a larger parcel of land in a good neighborhood, while the house itself offers a practical, average-sized canvas. It’s a property that derives its value from dependable fundamentals and land size rather than luxury finishes or square footage, ideal for a pragmatic buyer or a family prioritizing outdoor space over a massive interior.

Frequently Asked Questions

1. Is the living area sufficient for a growing family?
At 1,120 sqft, the living space is very close to the direct neighborhood average (1,239 sqft). It represents a comfortable size for a small to medium-sized family, typical of many well-built homes from its era. The generous lot size can effectively extend your living space outdoors in warmer months.

2. Why is the assessed value higher than the neighborhood average?
The assessed value of $437k ranks in the top 26% for Waverley Heights. This is likely influenced by the combination of its above-average lot size and its solid standing on a street of comparable homes. Assessors have deemed it to have a higher value than many similar properties in the broader area.

3. What does the 1978 build year imply for maintenance?
Built in 1978, the home is newer than many on its street and in the city overall. Buyers should still budget for updates common to homes of this age, such as roofing, windows, or mechanical systems, but it may have undergone some modernizations already.

4. How does the lot size compare, and what are the possibilities?
The lot is a key advantage. At over 7,000 sqft, it is larger than most on the street and in the neighborhood. This allows for more privacy, landscaping potential, and space for additions like a deck, shed, or even a future extension, subject to local bylaws.

5. Is this property a good investment for the area?
The data suggests it is a stable, above-average property within its micro-market (the street and neighborhood). Its value proposition is grounded in land size and a solid, if not oversized, house. It appeals to those seeking established community benefits and space, rather than speculative upside from a major renovation or redevelopment.