Key Characteristics

This is a 1955-built property on Alderwood Road in Windsor Park, with 891 sq ft of living space on a 6,532 sq ft lot. Its assessed value is $365,000.

The property stands out most for its land. Within its own street, it ranks third out of 35 properties for lot size, placing it in the top 9%. That translates to about 1,000 sq ft more land than the street’s average. Across Windsor Park, the lot still ranks in the top 21%. The house itself is at the older end for the neighbourhood, but on Alderwood Road it’s right in line with the street’s average build year—meaning the whole street shares a similar vintage.

The appeal here is less about the house and more about the package: a modest home on a generous lot in a consistent, older street setting. For someone who values outdoor space, a quiet established street, and isn’t looking for a renovated or expanded interior, this property offers room to work with. The assessed value sits near the community average, suggesting the pricing reflects the home’s age and size, not the land’s potential.

This suits buyers who see land as the primary asset. Think of someone planning a future renovation or addition, a gardener or outdoor enthusiast, or a buyer who wants more yard than typical infill lots provide. It’s less suited for those expecting a move-in-ready modern home or a larger floor plan.

Five Possible FAQs

1. How does the living space compare to similar homes nearby?
At 891 sq ft, it’s slightly above the average for its street (841 sq ft, top 43%). But within Windsor Park, it’s below the community average of 1,091 sq ft. That gap is typical for older, original-condition homes on larger lots. The house itself is compact, but the lot gives you room to expand if zoning allows.

2. Why is the assessed value above the street average if the house is smaller?
The assessed value reflects the total property, not just the building. The lot is significantly larger than the street average (6,532 vs. 5,487 sq ft), and the property ranks third out of 35 on the street for assessed value. Land typically drives value in older neighbourhoods, and this lot is a standout in its immediate area.

3. Is the age of the house a concern?
It depends on your perspective. On Alderwood Road, nearly every house was built around 1955, so you’re not buying into a mixed-vintage street. Across Windsor Park, it’s older than many homes (top 96% oldest in the community). That means you’ll likely contend with original systems or materials, but it also means the street has a consistent character and isn’t in the middle of a tear-down boom.

4. How does this property compare to new infill homes in the area?
New infills often maximize square footage on smaller lots. Here, you get the reverse: a modest home on an above-average lot. That can be an advantage if you value yard space or want the option to renovate or add on. But it also means you’re buying a house that likely needs updates rather than a finished product.

5. What’s the neighbourhood like for resale value?
Windsor Park is a well-established area with a mix of original and updated homes. This property’s lot and street position are strong—top 9% on the street for both land and assessed value. Resale potential will depend on how the next buyer views the trade-off between an older, smaller home and a generous lot. For those who prioritize land over finish, it holds appeal in a market where lot sizes are generally shrinking.