45 Ed Golding Bay

Property Overview: 45 Ed Golding Bay, Canterbury Park, Winnipeg

Section 1: Key Characteristics & Appeal

This well-located one-storey home in Canterbury Park sits on a generous, above-average lot for the neighbourhood. Built in 2011, it is a relatively modern property in a city-wide context. The home’s key feature is its land: at over 5,500 sqft, the lot size offers significant potential for expansion, gardening, or outdoor living, especially when compared to many city properties. The living space itself (1,203 sqft) is more compact, suggesting an efficient layout that prioritizes low-maintenance living. With an attached garage and an unfinished basement, the property provides solid fundamentals and a blank canvas for future customization.

Its primary appeal lies in this balance of a newer build on a sizable lot in an established area. It suits buyers looking for a foothold in a desirable neighbourhood without the upkeep of a much larger house. It would be an ideal match for first-time buyers, downsizers seeking single-level living, or investors attracted by the modern building age and the long-term value of the land. A thoughtful perspective is that this property represents "land value with a modern shell"—the house protects you from major immediate repairs, while the lot holds the potential for future value growth.

Section 2: Frequently Asked Questions

1. Is the basement developed?
No, the basement is included but is unfinished. This provides the next owner with the opportunity to customize the additional space to their needs, whether for storage, a recreation room, or additional bedrooms.

2. How does the property compare to others on the street?
The data shows this home has a larger-than-average lot for the area but a more modest living area compared to its immediate neighbours. This can mean more private outdoor space but a cozier interior footprint.

3. What does the assessed value indicate?
The assessed value is a figure used for municipal tax purposes and is not a market price. The provided data shows it is consistent with many homes across Winnipeg, but it is distinct from the price the home may sell for based on current market conditions.

4. Is the property a good value for the neighbourhood?
Based on the last sale price and its attributes, it presents as an entry-point into Canterbury Park. You are acquiring a newer home on a good lot, which is a less common combination, rather than paying a premium for maximum finished square footage.

5. What is the potential here for future expansion?
The combination of a newer structure and a large lot is significant. The unfinished basement offers internal expansion possibilities, while the lot size could potentially allow for additions like a deck, shed, or even a home extension, subject to local zoning and permits.