101-248 Bertrand Street

Property Overview

This is a substantial, newly built two-storey home on a large lot in Central St. Boniface. Its primary appeal lies in its modern construction and exceptional size relative to its surroundings. Built in 2023, it offers 3,720 sqft of living space on a 5,314 sqft lot, placing it in the top 1% of homes in the area for both year built and living area. With an assessed value of $1.04M, it stands as a premium property on its street and in the neighbourhood. The home has no basement, pool, or garage.

This property would suit buyers looking for a modern, move-in-ready home without the wait of new construction, but who value the benefits of a recent build. It is ideal for those needing significant interior space, perhaps for a large or multi-generational family, and who prioritize a sizable urban lot. It represents a rare opportunity to own a contemporary, large-scale home in an established, historic area.

Key Considerations & FAQs

What is the significance of having no basement?
This is a key feature to understand. The lack of a basement means all living space is above ground, which some may prefer for accessibility or to avoid potential moisture issues. However, it also means no traditional basement storage, utility, or recreational space. The home’s substantial main-floor and second-floor square footage is designed to compensate for this.

How does such a new home fit into the St. Boniface area?
St. Boniface is known for its historic character, so a 2023 build is a notable exception. This offers the charm of the neighbourhood with the modern layouts, energy efficiency, and low-maintenance materials of a new home, but it may feel architecturally distinct from its older neighbours.

Why is the land area notable?
At over 5,300 sqft, the lot is significantly larger than the average for both the street and the neighbourhood. This provides ample outdoor space, potential for landscaping, garden, or recreation, and a greater sense of privacy—a valuable commodity for a newer home in a central area.

The home last sold for $220k in 2019, but is now assessed at $1.04M. What does this indicate?
The 2019 sale price almost certainly reflects the value of the vacant lot prior to the construction of the current home in 2023. The current assessment reflects the value of the newly built, large residence. This is not a case of rapid appreciation of an existing structure, but rather the value added by new construction.

Who might this property not suit?
Buyers seeking a historic home with classic architectural details or those who require extensive basement storage or a garage would need to look elsewhere. The premium price point also reflects its new condition and size, so it may not suit buyers looking for a renovation project or a smaller footprint.