426 Burrows Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 1,012 sqft home built in 1905 on a 2,727 sqft lot in the William Whyte neighbourhood. Its assessed value is $122,000.

Where the appeal lies: The numbers tell a story of trade-offs. On its own street, this property ranks in the bottom half for living area (56th percentile) and well below average for assessed value (87th percentile). But context matters—its street, Burrows Avenue, carries a much higher average assessed value ($227,300) than the surrounding William Whyte neighbourhood ($149,100). That gap suggests this may be one of the more affordable entries into a street where values skew higher. Similarly, the house is older than most on the street and citywide, but in its own neighbourhood, the average year built (1927) isn't far off. So a buyer isn't buying something drastically out of step with the area. The land area is small by city standards (bottom 8% citywide), but within the neighbourhood it's more typical (83rd percentile—meaning lots here tend to be smaller anyway).

Who it suits: This property is best suited for buyers who want to be on Burrows Avenue specifically, or in William Whyte, and are willing to accept a smaller, older home with a lower price point relative to the street. It may appeal to someone looking for a starter home or investment property in a neighbourhood where entry costs are modest. It's less suited for buyers who want a lot of indoor space, a large yard, or a newer build—those priorities would lead to different options elsewhere.

Frequently Asked Questions

1. Is this house very small compared to others nearby?
It's slightly below the street average (1,116 sqft) and neighbourhood average (1,158 sqft), but not drastically so. The bigger gap is with the citywide average of 1,342 sqft, but that's typical for older, denser neighbourhoods.

2. Why is the assessed value so much lower than the street average?
The street average ($227,300) is pulled up by newer or larger homes on Burrows Avenue. This property's $122,000 assessment reflects its older age, smaller living area, and smaller lot. In the broader neighbourhood, the average ($149,100) is closer, meaning this home is more in line with its immediate surroundings.

3. How old is the house, and does that matter?
It was built in 1905, making it one of the older homes on the street (88th percentile). In William Whyte, however, many homes were built around the 1920s, so an early 1900s house isn't unusual. Buyers should expect maintenance and systems that reflect its age, but that's not out of character for the area.

4. Is the lot size a problem?
At 2,727 sqft, it's below the street and neighbourhood averages, and well below the citywide average of 6,570 sqft. But in William Whyte, smaller lots are common (83rd percentile—meaning most homes in the area have similarly modest yards). If a large yard is a priority, this isn't the property.

5. How does this home compare to others in the neighbourhood overall?
It's roughly average for the neighbourhood in living area and assessed value, but older and on a smaller-than-average lot. The main standout is how it compares to its own street: it's a more affordable option on a block where many homes are valued higher. That could be an opportunity or a signal to investigate what condition the house is in and whether that price gap is justified.