Property Overview
This is a compact, 587 sqft unit in a 1981-built building at 101-248 Dollard Boulevard in Winnipeg's Central St. Boniface neighbourhood. The data presents a clear profile: it is a smaller, more affordable entry point within its context. It has no basement, garage, or pool. Recent sales show modest appreciation, selling for $15,300 in June 2024 after a 2016 sale at $14,100.
Key Characteristics & Appeal
The primary appeal of this property is its affordability and location. With a very low assessed value and recent sale price, it represents one of the most accessible ownership opportunities in the city. It suits buyers with minimal space needs, such as a single person, a couple, or an investor seeking a low-cost rental property. Its small size and low taxes translate to very manageable carrying costs.
A less obvious perspective is its relative modernity. Built in 1981, it is newer than many homes in Central St. Boniface, where comparable properties often average a 1900-1910 build date. This could mean fewer concerns about antiquated building systems compared to century-old neighbourhood homes. However, the unit ranks below average in size and value even on its own street, indicating it is one of the more modest units in the building. This isn't a property for someone seeking space or luxury, but rather a pragmatic, no-frills foothold in a historic and convenient neighbourhood.
Frequently Asked Questions
1. What are the monthly condo or maintenance fees?
This information is not provided in the available data. A buyer must request the full financial statements from the condominium corporation or property manager to understand the monthly fees and what they cover.
2. Why is the assessed value so much lower than typical Winnipeg homes?
The assessed value reflects the property's very small square footage (587 sqft) and its relative position as a more affordable unit within its building and area. It is consistent with the market value indicated by its recent sale price.
3. What does the ranking data (e.g., "Top 74%") mean?
These rankings compare this unit to "comparable homes." For example, a "Top 74%" rank for Year Built on its street means it is newer than 74% of comparable properties on Dollard Boulevard. Essentially, a higher percentage means the property performs better on that specific metric compared to its peers.
4. Is this a good investment property?
Given its low entry price, it could generate a reasonable cash flow if rental demand in St. Boniface is strong. However, the very small size may limit the rental pool to single tenants, and potential investors must carefully factor in the undisclosed condo fees and any building-specific rental restrictions.
5. What is the building type (e.g., condo, co-op, townhouse)?
The listing does not specify the building type. The presence of many units at the same address (e.g., 102, 103, 202-248 Dollard) strongly suggests it is a condominium apartment or similar multi-unit building. Legal confirmation of tenure should be a priority during the purchasing process.