88 Worthington Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a relatively new home (built in 2022) that stands out for its size and value relative to its immediate surroundings. The living area is 1,879 square feet, which is well above the average for homes on Worthington Avenue (1,102 sqft) and the broader neighbourhood (1,082 sqft). The assessed value of $543,000 is also significantly higher than both the street average ($320,800) and the neighbourhood average ($315,300), placing it in the top 2–3% locally.

The property’s main appeal is its combination of new construction and above-average interior space in an area where older, smaller homes are the norm. However, the lot size is a notable trade-off. At 4,819 square feet, it’s well below the average for the street (10,063 sqft) and neighbourhood (7,831 sqft), falling into the bottom quartile locally. This suggests a more compact footprint, typical of newer infill builds that prioritise indoor square footage over outdoor space.

This property would suit buyers who value a move-in-ready, modern home with generous living areas and are less concerned with having a large yard. It might appeal particularly to those moving from a condo or townhouse who want more interior space but are comfortable with a smaller lot. It’s less ideal for someone hoping for a big garden, room for extensions, or a property that matches the lot sizes common in the older parts of the neighbourhood.

Five Possible FAQs

1. How does the home’s age compare to others nearby?
It’s among the newest homes on the street. The average year built on Worthington Avenue is 1957, and in the broader neighbourhood it’s 1962. At 2022, this property ranks in the top 1% citywide for newness.

2. Why is the assessed value so much higher than the street average?
The assessment reflects the home’s larger living area and newer construction, both of which are rare on this street. Most neighbouring homes are older and smaller, so the value difference is driven by these two factors rather than just market trends.

3. Is the lot size a disadvantage?
It depends on your priorities. The lot is small for the area, ranking near the bottom on Worthington Avenue. But it’s about average when compared citywide. If you value a low-maintenance yard and more indoor space, it’s a practical trade-off. If you want room for a workshop, large garden, or future expansion, it may feel tight.

4. How does the neighbourhood rank overall?
The Worthington neighbourhood ranks in the top 4% citywide for living area and top 2% for assessed value among comparable homes. It’s an established, well-regarded area with mostly older homes, which makes this property an outlier in both size and condition.

5. What does the “rank” data actually mean?
The rankings compare this property against similar homes (by type, size, and location) within the street, neighbourhood, and city. A higher rank (lower percentage) means it outperforms most others in that category. For example, being in the top 1% for year built means it’s newer than 99% of comparable homes citywide.