This house at 325 Perth Ave. is a pretty good catch: a fully renovated Junction Triangle semi-detached with an open concept layout and lots of bright and airy touches. Two of the bedrooms might feel a bit small, but you can't fault a master with a bay window and sizeable closets in each room.

The basement has been converted into a clean, compact separate apartment complete with a new kitchen. The space is being billed as a "nanny suite," but there could be potential to turn this into an income property if you're looking for a mortgage boost. The studio at the back of the house, part of an addition to the original structure, might not be spacious but does have a lot of charm - if you're easily wooed by wood ceilings and brick walls. This space might not cut it as an extra bedroom, but it does a bang up job as a studio or home office.

It's difficult to suss out the quality of a backyard during winter sales, but this one looks promising: narrow but long with a tall privacy fence, a row of hedges and a large wooden storage shed at the rear. The location of the house is also very family friendly. The house is directly across the street from an elementary school, and Perth Square Park is just a few steps away. There are kids everywhere. Really - everywhere.

SPECS

• Address: 325 Perth Ave
• Price: $639,900
• Lot Size: 18.17 x 125 ft.
• Bedrooms: 3 + 1
• Bathrooms: 2
• Parking Spaces: 1
• Taxes: $2,874.93 (2013)
• Walk Score: 93

NOTABLE FEATURES

• Fully finished lower level nanny suite with separate entrance
li>Renovated kitchen with new appliances
• Open concept first floor living space

GOOD FOR

A family. This neighbourhood is getting more kid-centric by the year, and three bedrooms is more than enough space for a few little ones. The separate basement suite is in great shape and could easily accommodate a nanny or a granny as is, but keep in mind some adjustments are needed before it could be fit to rent.

MOVE ON IF

The Junction Triangle is really on the upswing, but some might still consider this strange little West End slice to be a dead zone. If I told you could walk to Farmhouse Tavern from here in three minutes, would that change your mind?

MORE PHOTOS

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