Property Overview: 54 Northcliffe Drive, Canterbury Park, Winnipeg
This 1981 bi-level home at 54 Northcliffe Drive presents a practical and affordable entry point into Winnipeg’s Canterbury Park neighbourhood. With 845 sqft of living space and a renovated basement, it sits on a 2,500 sqft lot. The home lacks a garage or pool. Its most recent sale was in September 2020 for $26,300, and it carries a current assessed value of $30,400.
Key Characteristics & Appeal
The primary appeal of this property is its position as a value-conscious option in a well-established area. The renovated basement adds functional living space, making the compact main floor more manageable. Its lot size is notably smaller than most in the immediate area and city-wide, which translates to lower maintenance but less private outdoor space.
This home would suit first-time buyers, downsizers, or investors seeking an affordable, low-maintenance property. It’s for those who prioritize location and a solid foundation over size or modern amenities. A thoughtful perspective is that its below-average metrics for the area might represent a relative bargain for a buyer who values the neighbourhood character over a large yard or square footage, allowing equity to be built through future updates rather than paid upfront for premium features.
Frequently Asked Questions
1. How does the lot size compare practically?
At 2,500 sqft, the lot is significantly smaller than the neighbourhood average (over 4,800 sqft). This means far less yard maintenance but also limited space for additions, large gardens, or extensive outdoor recreation.
2. What does the "renovated basement" include?
The listing notes a renovated basement but does not specify the scope. A prospective buyer should inquire about the quality, permits, and nature of the renovation—whether it’s a finished living space, updated utilities, or both.
3. Is the assessed value a reliable indicator of the sale price?
The current assessed value is $30,400, while it last sold for $26,300 in 2020. Assessed values are for tax purposes and can differ from market value. The sale price will be determined by current market conditions, the home’s state, and buyer demand.
4. With no garage, what are the parking options?
The property has no garage. Buyers should verify the driveway capacity and review any municipal street parking regulations for the area to understand their full parking situation.
5. How does the home’s age (built in 1981) factor in?
At 45 years old, major systems like the roof, windows, furnace, and plumbing may be near or past their typical lifespan. A thorough inspection is crucial to understand the condition and anticipate potential near-term replacement costs.