Property Overview: 369 Youville Street, Central St. Boniface
Section 1: Key Characteristics & Appeal
This is a classic two-storey home built in 1924, offering a blend of historic charm and practical updates. Its key feature is a renovated basement, adding valuable finished living space to the home's 1,144 square foot main footprint. The property sits on a standard city lot and includes a detached garage. The appeal lies in its location within the sought-after Central St. Boniface neighbourhood, combined with a manageable size that balances character with modern livability. The home’s assessed value positions it well within its area, suggesting a solid value proposition for the location.
This property would suit first-time buyers or downsizers looking for an established neighbourhood with cultural richness and community amenities. It’s also a practical fit for those who appreciate a home with some history but require move-in readiness, thanks to the basement renovation. A less obvious perspective is that, while the home is older than many on its street, this can sometimes translate to more established landscaping and a settled, timeless streetscape presence that newer infill properties lack.
Section 2: Frequently Asked Questions
1. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specifics on the finish quality, ceiling height, permits, and whether it includes a bathroom or legal secondary suite should be verified with the seller or a viewing.
2. How does the older year of construction (1924) affect the home?
While charm and build quality are benefits, prospective buyers should proactively investigate the condition of major aging components, such as the roof, plumbing, electrical systems, and foundation, which may require attention or updating.
3. Is the detached garage a pro or a con?
This depends on preference. It provides secure storage and workshop space but requires going outdoors to access, which can be less convenient in winter compared to an attached garage.
4. The assessed value seems low compared to the last sale price. Why?
Municipal assessed value for taxation purposes often lags behind current market values and uses a different valuation method. The 2016 sale price of $310k is a more relevant historical benchmark, but a current market appraisal is essential.
5. What is the neighbourhood vibe like?
Central St. Boniface is known for its walkability, Francophone culture, boutique shops, cafes, and proximity to the Seine River. It offers a vibrant, community-oriented urban lifestyle distinct from suburban areas.