591 Montrose Street

Property Overview: 591 Montrose Street, Winnipeg

Key Characteristics & Appeal

This two-storey home, built in 1950, sits on a mature lot in Central River Heights. Its primary appeal lies in its generous and well-proportioned living space. At over 1,900 square feet, the home offers significantly more interior room than most in the neighbourhood and across Winnipeg, providing a sense of space that can be hard to find in established areas. The property features a renovated basement and a detached garage.

The lot size, while below average for the immediate street and area, is fairly standard city-wide, suggesting a manageable yard that balances outdoor space with lower maintenance. A thoughtful perspective for buyers is the home’s "vintage": built in 1950, it is newer than many on its street, potentially meaning fewer concerns related to very old plumbing or electrical systems found in pre-war homes, while still offering classic character.

This property would best suit buyers who prioritize interior square footage and a renovated basement for family living or flexible space over having the largest yard on the block. It’s a strong option for those seeking a move-in-ready home in a central, sought-after neighbourhood without the footprint of a massive property.

Frequently Asked Questions

1. How does the lot size compare to others?
The land area is 4,829 sqft, which is below the average for both Montrose Street and the wider Central River Heights area. This indicates a more manageable, possibly low-maintenance yard compared to some neighbouring properties, but still offers decent outdoor space by general Winnipeg standards.

2. Is the living space as large as it seems?
Yes. The living area of 1,913 sqft ranks well above average for both the neighbourhood and the entire city. You are getting significantly more interior space than typical comparable homes, which is a key feature of this property.

3. What does the assessed value indicate?
The assessed value of $57,900 is above average for the street, neighbourhood, and city. It’s important to note this is the value for taxation purposes, not the market price. The home last sold for $480,000 in September 2020, which was an above-average sale price for Winnipeg at that time.

4. How old is the home, and what does that mean?
The home was built in 1950. While 76 years old, it is actually newer than the average home on Montrose Street. This could suggest updates to core systems may have occurred sooner than in many older-area homes, but a thorough inspection is always recommended.

5. What is the neighbourhood context?
Located on a quiet, established street in Central River Heights, the home is surrounded by similar two-storey properties. The data shows it exists in a pocket where homes are generally older but on larger lots, making this property’s combination of a newer build year and large interior somewhat unique on the block.