Property Overview: 267 Bertrand Street, Winnipeg
Key Characteristics & Appeal
This is a classic one-storey home in Central St. Boniface, built in 1913. With 970 sqft of living space on a nearly 4,000 sqft lot, it presents a straightforward, manageable footprint. The appeal lies in its location and potential. The lot size is notably above average for the immediate street and neighbourhood, offering valuable outdoor space that is less common in central areas. While the home itself is modest in size and the basement is unrenovated, this positions the property as a solid candidate for personalization or a gradual live-in renovation.
It would suit a first-time buyer, an investor, or a downsizer looking for an entry point into the established St. Boniface community without a premium price tag. The buyer should be comfortable with a home of this vintage, seeing the unrenovated spaces not as a drawback, but as a blank canvas to add value according to their own taste and timeline. The recent sale price suggests it may be an opportunity to build equity in a well-located neighbourhood.
Frequently Asked Questions
1. What is the true condition of the basement?
The listing explicitly notes the basement exists but is "not renovated." Buyers should budget for inspections to understand the state of the foundation, plumbing, and electrical systems, and plan for potential moisture management or finishing costs.
2. How does the assessed value relate to the recent sale price?
The home was assessed at $270k but sold for $265k. This close alignment suggests the sale was near market value, providing a stable basis for property taxes and future valuation.
3. With no garage, what are the parking options?
The property has no garage. Buyers should verify on-street parking permits, restrictions, and typical availability on Bertrand Street, as this will be a daily consideration.
4. The home is over 110 years old. What should I be most concerned about?
Key focuses for a home of this age should include the roof, original wiring and plumbing, insulation, and the overall integrity of the foundation and structure. An inspection is highly advised.
5. The lot seems large for the area. Is there development potential?
While the lot is larger than many on its street, any development (like an addition or new build) would be subject to City of Winnipeg zoning bylaws, heritage considerations for St. Boniface, and setback requirements. This should be researched thoroughly before purchasing with redevelopment in mind.