Property Overview & Key Characteristics
This one-storey home at 680 Toronto Street in Winnipeg's Daniel McIntyre neighbourhood presents a classic, grounded opportunity. Built in 1904, its 924 sqft living area is modest and below average for the city, but it sits on a lot that is notably larger than most on its street. The home features a renovated basement and a detached garage. Its assessed value is positioned around the average for its immediate area, suggesting it is priced in line with local market expectations.
The appeal lies in its balance of historic character and practical fundamentals within a central community. It suits first-time buyers or practical investors looking for an entry point into a mature neighbourhood without a premium price tag. The generous lot size for the area is a less obvious advantage, offering valuable outdoor space or future potential that many nearby properties lack. It’s a home for those who value location and land proportion over sheer interior size.
Frequently Asked Questions
1. Is the living space too small?
At 924 sqft, the living area is below the city average. However, it is comparable to many homes in the immediate area and, combined with the renovated basement, may provide adequate space for a small household or someone comfortable with a more efficient footprint.
2. What does the assessed value tell me about the price?
The assessed value is around average for both Toronto Street and the wider Daniel McIntyre neighbourhood. This typically indicates the home is not an outlier and its value is consistent with local sales, but the final sale price will always depend on market conditions and the property's specific condition.
3. Are there concerns with a home built in 1904?
While full of character, a 122-year-old home will require diligent maintenance and updates. The presence of a renovated basement is a positive, but prospective buyers should prioritize a thorough inspection focusing on the foundation, wiring, plumbing, and insulation to understand any ongoing needs.
4. How does the lot size benefit me?
With a land area ranking in the top 13% on its street, the lot is a standout feature. This provides more private outdoor space than neighbours, room for gardening, or future expansion like a larger garage or addition, subject to zoning bylaws.
5. What is the neighbourhood like?
Daniel McIntyre is a central, established Winnipeg community. The listing shows closely spaced, similarly aged homes, indicating a dense, traditional urban neighbourhood. Buyers should explore the area to gauge its vibe, amenities, and suitability for their lifestyle.