352 Drake Boulevard – Property Summary

Key Characteristics & Buyer Profile

This is a 1956 home with 1,022 sq ft of living space and a 6,037 sq ft lot in Windsor Park. The property sits on a notably large lot for its street—ranking in the top 29% on Drake Boulevard—which gives it more outdoor space than most neighbours. Its assessed value of $381,000 is slightly above the local community average, reflecting the land’s relative value more than the house itself.

The appeal here is pragmatic: you’re getting a mid-century house on a generous piece of land in a stable, established neighbourhood. The living area is below the street and city averages, which may feel compact for some, but the lot size offers room for expansion, gardening, or simply more privacy than typical infill lots provide. The home is older than many on the block, so updates are likely needed, but the land-to-structure ratio is favourable for buyers who see potential in renovation or future development.

This property would suit buyers comfortable with a fixer-upper or those prioritising land over finished square footage. It could also appeal to investors looking for a teardown or major renovation play in a solid community where land values hold up relative to the city median.

Five Possible FAQs

1. How does this home’s size compare to others in Windsor Park?
   It’s close to the community average of 1,091 sq ft, ranking in the top 69%. On the street, it’s smaller than most—only four homes are smaller out of 55.

2. Is the assessed value above or below what’s typical for the area?
   Slightly above the Windsor Park average of $354,000, but below the city average. On the street, it’s in the top third, suggesting the lot size pushes the value up.

3. What’s the lot actually like compared to nearby properties?
   It’s about 30% larger than the average lot on Drake Boulevard and in line with the wider community average. Citywide, it’s on the larger side—top 31%.

4. How old is the house, and does that affect its marketability?
   Built in 1956, it’s older than most on the street (average 1973) but similar to many homes in Windsor Park. Buyers should expect older systems and possibly dated finishes, which can be a negotiating point or a project opportunity.

5. Is this a good candidate for renovation or redevelopment?
   The lot is well above street average and close to community norms, which makes it more viable for expansion or replacement than typical infill sites in the area. The low square footage relative to the land suggests room to add value through a substantial renovation or rebuild.