Key Characteristics & Buyer Profile

This property at 1204 Alexander Avenue is a 1946-built home with 988 square feet of living space on a notably large 4,089-square-foot lot. Its main draw is the land: within the Weston community, the lot is in the top 22% for size, and on Alexander Avenue itself, it ranks in the top 19%. This gives the property breathing room and potential that most nearby homes lack. The house itself sits close to the average size for its street and neighbourhood, meaning it fits in rather than stands out. The assessed value is also close to local averages, coming in around $176,000, which is well below the citywide median of $390,000.

The appeal here lies in the balance between a modest, mid-century home and a generous piece of land in an established area. It suits buyers who prioritize outdoor space, gardening, or future expansion over a move-in-ready, modernized interior. It would also work well for someone looking for a lower entry point into a stable, older neighbourhood without the premium prices of newer developments. The property is not flashy, but it offers practical value for those who see the lot as the real asset.

Five Possible FAQs

1. How does the living space compare to other homes in Weston?
   At 988 square feet, the home is very close to the neighbourhood average of 936 square feet. It ranks in the top 37%, so it’s slightly above typical size for the area, though still well below the citywide average of 1,342 square feet.

2. Is the lot unusually large for the street?
   Yes. The 4,089-square-foot lot is significantly bigger than the Alexander Avenue average of 2,977 square feet, placing it in the top 19% on the street. This is the home’s standout feature compared to its immediate neighbours.

3. What’s the property’s assessed value relative to others?
   The assessed value of $176,000 is right in line with the street and community averages (around $184,000 and $185,000 respectively). Compared to the citywide average of $390,000, it is considerably lower, which keeps property taxes modest.

4. How old is the house, and does that affect its condition?
   Built in 1946, the home is newer than the average home on Alexander Avenue and in Weston, where the median build year is 1937. While it’s older than the citywide median of 1966, it’s not among the oldest homes in the area. Condition depends on maintenance, not age alone.

5. Would this property be a good fit for a renovation or addition?
   It could be, given the large lot. The property’s assessed value and land ranking suggest the land itself is undervalued relative to its size. However, any plans would need to respect local zoning and bylaws. The existing home is modest but functional, so a buyer looking to expand or upgrade has room to work with.