Key Characteristics & Buyer Profile

This property at 203 Penfold Crescent stands out most clearly for its build quality and age. Built in 1989, it ranks in the top 1% within the Windsor Park community and top 11% on its street — significantly newer than the surrounding housing stock, which averages 1961 in the area and 1978 on the street. For buyers looking at mature neighbourhoods, this often means fewer immediate updates are needed compared to older homes.

Living space is another solid advantage. At 1,456 sqft, it’s notably larger than the average home in its own neighbourhood (1,091 sqft), ranking in the top 6% locally. On the street, it sits in the top 18%. Compared to the citywide average, it’s close to typical, which suggests the home offers more interior space than many nearby options without being oversized for the market.

Property tax assessment at $425,000 is above the community norm of $354,000 (top 4%), reflecting the home’s relative value in Windsor Park. However, it sits close to the citywide average, meaning the assessed value isn’t outsized in a broader context.

The main trade-off is lot size. At 4,798 sqft, the lot is smaller than most on the street (average 5,876 sqft) and well below the neighbourhood average (6,030 sqft). Buyers should be comfortable with a more compact yard — typical of newer infill-style homes in established areas.

Who this suits: Homeowners who want a newer, move-in-ready house in an older, well-established neighbourhood. It’s a good fit for someone who prioritizes interior square footage and modern build year over a large garden or yard. Families and professionals looking for efficient space with lower maintenance outdoors will find this appealing. It may also suit buyers who want strong relative value — the home is assessed above the community norm, so it likely reflects a visible quality difference in finishes or condition relative to the older stock around it.

Five Frequently Asked Questions

1. How does this home’s age actually affect maintenance expectations compared to older homes in Windsor Park?
Most homes in the area date from the 1960s or earlier. A 1989 build benefits from modern building codes, better insulation, and updated electrical and plumbing standards. You’re less likely to face knob-and-tube wiring, lead pipes, or asbestos, and the roof and mechanicals are likely younger than what you’d find in a typical 60-year-old house. That said, the home is now over 30 years old, so major systems like the furnace or water heater may still need attention if not already replaced.

2. Is the smaller lot a disadvantage for resale?
It can be, if most buyers in the street value outdoor space. But in a neighbourhood like Windsor Park — where the average lot is 6,030 sqft — a 4,798 sqft lot still offers room for a patio, garden, or small playset. The trade-off is less mowing and lower maintenance. For buyers who want a newer home but don’t want a postage-stamp lot, this is a reasonable middle ground.

3. Why is the assessed value higher than the neighbourhood average but close to the city average?
Windsor Park has a large stock of older, smaller homes, which pulls the local average assessment down. This property’s higher assessment likely reflects its newer construction, larger interior, and possibly better condition. Citywide, the mix of housing evens out, so a 1,456 sqft late-80s home falls near the middle of the pack.

4. How does the property’s ranking on the street compare to its ranking in the wider community?
The house ranks very well locally — top 4% in Windsor Park for assessed value and top 1% for age — but its street ranking is less extreme (top 20% for value, top 11% for age). That suggests Penfold Crescent itself is a stronger-than-average street within the neighbourhood, so even a well-ranked house on this street is competing with other solid homes nearby.

5. What does “top 6% for living space in Windsor Park” actually mean in practical terms?
It means this home is larger than roughly 94% of the housing stock in the neighbourhood. Many homes in Windsor Park are bungalows or smaller two-storeys built in the mid-20th century, so 1,456 sqft puts it in a noticeably more spacious tier. For comparison, the city average is 1,342 sqft, so you’re still above that, but the gap is much wider when compared to the local average of 1,091 sqft.