The neighbourhood's heritage character homes on a tight grid mean lots and setbacks vary house to house more than in a planned subdivision, and renovation quality varies just as widely, which is worth knowing before assuming any two houses on the same block are otherwise comparable.
Walkability to downtown is one of the area's real advantages for a family without a second car, and that proximity is part of why character neighbourhoods like Caswell Hill tend to hold value even when a specific house needs updating.
Confirm the school catchment for the exact address before you buy, since a boundary line can run down the middle of a street in an older neighbourhood like this one, the same way the city's $444,700 only tells you the market average, not your specific house. Get your hand-reviewed valuation from Joel Dyck.