224 Garfield Street S — Property Summary

Key Characteristics & Buyer Profile

This is a 1920-built home in Wolseley with 864 square feet of living space on a 3,843-square-foot lot. The property is assessed at $322,000.

What stands out here is the land. The lot is significantly larger than most others on Garfield Street—ranked in the top 9% locally—and also well above the Wolseley average. In a neighbourhood known for mature trees and established gardens, that extra outdoor space is a meaningful asset. The house itself is compact, sitting below average in living area compared to both street and neighbourhood norms. Buyers who value yard space over square footage will find this appealing.

The assessed value is above average for the street (top 17%) but roughly in line with broader neighbourhood and city benchmarks. That suggests the lot is driving a premium relative to the house size. The year built (1920) is older than the street average but newer than much of Wolseley, which tends to have a high concentration of pre-1915 homes. This places it in a kind of middle ground—old enough for character, not quite old enough to be among the most historic in the area.

This property would suit buyers who:

• Want a Wolseley address but with better lot proportions than many tightly packed older homes
• Are comfortable with a smaller interior footprint and may see potential in expanding or renovating
• Prioritize outdoor space—gardening, sheds, workshops, or future laneway suite possibilities
• Are looking for a price point that reflects land value more than finished interior space

Frequently Asked Questions

1. How does the living area compare to typical homes in Wolseley?
It's below average. Average living area in Wolseley is around 1,622 square feet; this home is 864 square feet. It ranks in the bottom 4% of the neighbourhood for size. That said, the lot size compensates for many buyers who find the interior too small.

2. Is the assessed value reasonable for what's being offered?
It depends on what you prioritize. The $322,000 assessment is above average for the street (where homes average $269,300) but slightly below the Wolseley average of $371,300. You're paying a premium for the land, not the house. For someone who values lot size and location over turnkey interior space, it's fair.

3. What's the condition of a 1920 home likely to be?
That's not something the data tells us directly. A home built in 1920 could range from original character with deferred maintenance to fully renovated. Buyers should inspect for typical age-related issues: foundation settling, outdated wiring or plumbing, lead paint, and insulation gaps. The year-built rank suggests it's in decent company for its age within Wolseley, but a home inspection is essential.

4. How does the lot size affect future options?
At 3,843 square feet, the lot is generous for Wolseley (top 19% in the neighbourhood). This opens up possibilities: larger gardens, a garage or carport, a workshop, or potentially a secondary suite if zoning allows. Buyers should check local bylaws, but the land is a clear advantage over comparable homes nearby.

5. Who typically buys homes like this?
Buyers who know what they want. It's not a starter home in the conventional sense—the interior is small. It tends to appeal to people who value outdoor space, are comfortable with a smaller living area, and see potential in the property rather than expecting move-in perfection. It could also suit someone looking for a Wolseley location at a lower entry point than larger, pricier homes in the area.