Property Overview: 665 Toronto Street, Winnipeg
Key Characteristics & Appeal
This is a well-maintained, character home built in 1905, offering a practical footprint in the established Daniel McIntyre neighbourhood. Its key appeal lies in its balance of historic charm and modern updates, notably a renovated basement that adds functional living space. With 1,200 sqft of living area, the home sits comfortably around the average size for its immediate street and area, providing ample room without being oversized.
The detached garage is a significant asset in this urban setting, offering secure parking and storage. The home’s assessed value of $200,000 positions it as an above-average property on Toronto Street itself, suggesting it is a solid, maintained home within its specific context. It suits first-time buyers or small families looking for a move-in-ready character home with modern essentials already addressed. It also appeals to value-conscious buyers who appreciate a neighbourhood with history and community feel, and who prioritize a smartly updated property over a massive lot or brand-new construction. A thoughtful perspective is that this property represents a "middle ground" in the city’s housing spectrum—it’s not a starter fixer-upper nor a luxury renovation, but a comfortable, updated home in a mature neighbourhood where your investment is primarily in the dwelling itself rather than an expansive piece of land.
Frequently Asked Questions
1. How does the recent sale price compare to the assessed value?
The home sold in December 2024 for $20,800, which is significantly higher than its $200,000 assessed value. This is not uncommon, as sale prices are determined by the current market while assessed value is for municipal tax purposes.
2. Is the lot size a limitation?
At 2,320 sqft, the lot is below average for both the area and the city. This means smaller outdoor space but also less maintenance. It’s typical for older, central neighbourhoods and is ideal for those who prefer a lower-maintenance yard.
3. What does the "One & 3/4 Storey" building type mean?
This classic architectural style typically features a main floor and a second floor where the roofline slopes into the walls, creating cozy bedrooms with potentially sloped ceilings. It adds character but can mean less full-height square footage on the upper level compared to a full two-storey home.
4. How does this home rank compared to others in Winnipeg?
The data shows a clear story: this home is very average or above-average in its immediate locale for size and value, but falls below the city-wide averages for lot size and year built. This highlights its position as a solid, central urban home rather than a suburban-style property.
5. Are comparable nearby homes similar in value?
The listed nearby properties on Toronto and Agnes Streets show a mix of assessed values, from $13,300k to $21,700k, indicating a varied streetscape. This home’s $200,000 assessment sits at the higher end of that local range, consistent with its renovated status and full living area.