Key Characteristics & Buyer Profile

This property at 21 Gatineau Bay stands out for its living space. With 1,495 square feet, it ranks first on its street and in the top 4% of the wider Windsor Park community. This is significantly larger than the average home in both those immediate areas. The lot is also slightly above the street average at 6,031 square feet, offering decent outdoor space without being oversized.

The appeal here is about getting more interior room without paying a premium for the location. The assessed value is below average for the street and neighbourhood, which suggests a practical price point for the square footage. Built in 1963, the home is solidly mid-century, typical for the area, and its construction year ranks well within the street.

This property would suit buyers who prioritize interior space and value over a trendy address or a home that’s been heavily renovated. It’s a strong fit for someone looking to put their own stamp on a home with good bones, or for a family that needs room to spread out in a stable, established neighbourhood. The data suggests you’re buying square footage and potential, not a premium location or a fully modernized house.

Frequently Asked Questions

1. How does the property’s assessed value compare to its size advantages?
While the living space is a top-tier asset on the street, the assessed value is on the lower end. This is an uncommon combination. It suggests the home may need updates or lacks some of the finishes and features of pricier neighbours, but it also means the buyer isn’t paying a premium for that extra space. The “value” is in the square footage, not the current cosmetic condition.

2. Is the neighbourhood considered up-and-coming or established?
The data points to a stable, mid-century neighbourhood. With an average build year around 1961 in Windsor Park, these are not new homes, but they are not old. The fact that this property’s assessed value is lower than the community average while its size is much higher suggests the area has a mix of well-kept homes and others that are more modestly valued. It is likely a mature, quiet area rather than a rapidly gentrifying one.

3. How does the land size affect everyday use?
At just over 6,000 square feet, the lot offers a standard suburban feel. It is large enough for a decent backyard, a garden, or a playset, but not so large that it requires heavy maintenance. It sits near the middle of the pack for the street, so you won’t have an unusually small or awkwardly shaped plot, but also not the sprawling yard some might hope for.

4. What does the “below average” assessed value really mean for a buyer?
Practically, it could mean lower property taxes compared to similarly sized homes in the area, which is a financial advantage. It can also signal that the home has not been recently updated or that its mechanical systems are older. A buyer should budget for potential upgrades. It does not necessarily mean the home is in poor condition, but it strongly suggests the price reflects the need for some work.

5. Why is the ranking for “living space” so much stronger than for “assessed value”?
This is the central trade-off of the property. The home is physically one of the largest on the street, but its financial valuation lags behind. This could be due to an older kitchen, dated bathrooms, original windows, or a layout that isn’t considered modern. It means a buyer can acquire a large footprint at a discount, but should expect to invest time and money to bring the home’s value in line with its size.