Key Characteristics & Buyer Profile

This 1967 home on Lochmoor Avenue offers 800 square feet of living space on a 5,459 sqft lot, with an assessed value of $308,000. Its standout feature is the build year: it ranks among the newest homes on the street (top 3%) and in the Windsor Park area (top 5%). This is a genuine selling point in a neighbourhood where most homes are older, meaning less immediate need for major structural updates like a roof or foundation work, compared to neighbouring properties.

The trade-off is size. The home is smaller than average locally—both in living area (about 270 sqft less than the street average) and lot size. Buyers should walk in knowing the square footage is compact. The assessed value reflects this, sitting below the street and community average but close to the citywide norm. For someone looking at pure numbers, this property offers a newer core without paying a premium for extra space.

Who it suits: First-time buyers looking for a solid, mid-century starter home that doesn't need immediate overhauls; downsizers who want a single manageable floor plan in a well-established neighbourhood; or investors eyeing a property with lower entry cost in a stable area where the newer build year reduces short-term capital expense risk. It’s less suited for anyone needing generous square footage or a large yard right now.

Frequently Asked Questions (FAQ)

1. How does the 800 sqft living area compare to other homes in the area?
It’s below average. On Lochmoor Avenue, the typical home is around 1,092 sqft. Across the wider Windsor Park community, the average is about 1,091 sqft. Citywide, the average is 1,342 sqft. This is a compact home relative to its surroundings.

2. Is the land size considered small, and how does that affect future value?
The lot measures 5,459 sqft, which is close to the street average (5,936 sqft) and slightly below the community average (6,030 sqft). It’s not unusually small for Windsor Park, but it’s not oversized either. Because the home itself is smaller, you have decent yard space relative to the house—a plus for outdoor use without the maintenance of a full-sized lot.

3. The build year is listed as "excellent" on the street. Does that mean the home is in perfect condition?
No—it means it’s newer than most homes on the street and in the community. Built in 1967, it avoids the the oldest housing stock (early 1960s). But "newer" here is relative. It’s still a 50+ year old home. You should still inspect systems like plumbing, electrical, and windows. The ranking suggests you’re less likely to face the same level of deferred maintenance as older neighbours, not that everything is new.

4. Why is the assessed value lower than the street and community average?
Mainly because of the smaller living area. The assessed value ($308,000) is about $45,000 below the street average and roughly $46,000 below the community average. Citywide, it’s closer to the norm. This aligns with the home’s smaller footprint—buyers aren’t paying for square footage they don’t get. It may also reflect that lot sizes in the immediate area are slightly larger on average.

5. How does this home compare to others on a map, and is that data reliable?
The property listing references a tool to compare this home visually against nearby houses using data for build year, size, and value. That map uses the same municipal assessment data shown here. It can be helpful to see how the home stacks up block by block—especially for spotting whether a few very large new builds are skewing the averages. But remember, maps show numbers, not condition or layout. Use it as a guide, not a final verdict.