Property Overview
This well-situated one-storey home at 70 Tunbridge Bay in Canterbury Park presents a compelling blend of space, location, and value. Built in 1975, it sits on a generous 5,699 sqft lot that ranks well above average for its immediate street and neighbourhood. The home itself features a renovated basement and a detached garage. Its appeal lies in its established, leafy setting on a quiet bay, offering more outdoor space than many modern lots, while the interior updates provide move-in readiness. It would particularly suit first-time buyers or downsizers looking for a manageable single-level layout without sacrificing yard size, or an investor attracted by the solid fundamentals and desirable location.
Key Details & Perspective
- Key Characteristics: The property boasts a large lot (top 14% on its street), a renovated basement, and a detached garage. With 1,127 sqft of living space, it is comfortably sized for a bungalow. It last sold in September 2023 for $410,000, a price that was above average for the street but around average for wider Winnipeg.
- Where the Appeal Lies: Beyond the renovations, the standout feature is the land. The lot size is a significant asset in an established neighbourhood, offering privacy, gardening potential, or room for expansion. Its "above average" ranking on its own street suggests a premium position within a desirable micro-location.
- Suitable Buyer Profile: This home is ideal for those seeking a low-maintenance, single-storey lifestyle in a mature community. It fits buyers who prioritize outdoor space over a large interior footprint. The recent sale also suggests it's a relevant comp for anyone evaluating the current market in Canterbury Park.
Frequently Asked Questions
Is the lot size unusual for the area?
Yes. The 5,699 sqft lot is in the top 14% for properties on Tunbridge Bay itself, meaning it's significantly larger than most of its direct neighbours. This is a key differentiator.
How does the 2023 sale price compare?
The $410,000 sale price was considered above average for Tunbridge Bay (top 9%) but around the average mark when compared to the broader Canterbury Park neighbourhood and the city as a whole.
What does the "renovated basement" include?
The provided details confirm the basement is renovated but do not specify the scope. A buyer should inquire about the finishes, legal egress, and whether it includes a bathroom or kitchenette to understand its full utility and value.
The home was built in 1975. Is that a concern?
The year built is actually newer than most on its street (top 6%), but older than the average for Canterbury Park. This indicates a well-built home from a mature era of the neighbourhood's development. A thorough inspection for era-typical maintenance items is always recommended.
Who might this property not suit?
Buyers requiring extensive modern open-concept living, multiple bedrooms on the main floor, or an attached garage may find the layout limiting. It best serves those who appreciate the character and space of an established home.