Property Overview: 569 Toronto Street, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1905, offers a blend of historic charm and practical updates within Winnipeg's Daniel McIntyre neighbourhood. With 1,166 sqft of living space, its size is comfortably average for the immediate area, providing a manageable footprint. A key feature is the renovated basement, which adds valuable finished space. The property stands out for its above-average land area on Toronto Street (2,464 sqft), offering more outdoor space than many neighbouring lots—a notable advantage for gardens, entertaining, or future additions. The detached garage provides flexible storage or workshop potential.
Its appeal lies in being a solid, grounded property in an established community. It suits first-time buyers seeking a character home without an overwhelming scale, or practical investors looking for a maintained property with rental-ready features like the updated basement. The assessed value suggests it is positioned well within its local market context. A thoughtful perspective is that while the home is older than most city-wide, this often translates to unique architectural details and a mature, tree-lined streetscape not found in newer subdivisions. It represents an opportunity to live in a central, connected neighbourhood with a home that has already seen key functional upgrades.
Frequently Asked Questions
1. How does the home’s age affect maintenance?
Built in 1905, the structure is older than most homes in Winnipeg. Prospective buyers should prioritize a thorough inspection focusing on foundational integrity, historical wiring or plumbing updates, and the roof. The renovated basement is a positive sign of proactive maintenance.
2. Is the assessed value a reliable indicator of the likely sale price?
The assessed value is for municipal tax purposes and is often different from market value. This home’s assessment is above average for its street but below average city-wide, reflecting its central neighbourhood and older age. Recent sale prices on the street and current market conditions are more direct indicators.
3. What are the benefits of the larger-than-average lot size?
The lot size (Top 16% on its street) is a significant asset. It provides more private outdoor space than nearby homes, which is rare in older neighbourhoods. This allows for gardening, recreational space, and potentially easier parking or suite additions where zoning allows.
4. Who might this neighbourhood suit best?
Daniel McIntyre appeals to those valuing proximity to downtown, the University of Winnipeg, and eclectic local businesses. It’s ideal for people who prefer a walkable, urban-character community over a suburban feel.
5. What does “renovated basement” typically imply for a home of this era?
In a 1905 home, a renovated basement often means improved headroom, moisture control, insulation, and modern finishes. It significantly increases the liveable area, making it suitable for a family room, home office, or secondary suite (subject to permits), and suggests the owners have addressed common century-home concerns below grade.