Humber/Ontario Real Estate Course 4 Exam Practice

What does 'frontage' typically refer to in real estate terms?

1. Always matches the width of the lot

2. Determines the shape of the site along with width

3. The side of a property that borders a street or highway

4. Is an important factor in the property's intrinsic value

5. Refers to the boundary line around the property's perimeter

6. The depth of the property

The correct answer is: The side of a property that borders a street or highway

'Frontage' in real estate refers to the section of a property that directly borders a street, highway, or any other type of thoroughfare. This term is crucial because it impacts property visibility, access, and potential use. Properties with significant frontage often have greater appeal and can command higher values because they offer better exposure to potential customers or clients, making them particularly desirable for commercial properties. The concept of frontage is significant when considering factors such as zoning, land use, and what potential buyers might view as advantageous. While the width of the lot may relate to the concept of frontage, frontage specifically denotes the side of the property that faces the street, rather than the entire width or characteristics of the lot itself. Other terms related to property dimensions, such as the perimeter or the depth, do not capture the essence of what 'frontage' specifically addresses, making that answer the most accurate reflection of the term's meaning in the context of real estate.