Property Overview
This two-storey home at 732 Toronto Street in Winnipeg's Daniel McIntyre neighbourhood presents a compelling mix of historic character and relative value. Built in 1913, its key appeal lies in its above-average living space (1,328 sq ft) and a recently renovated basement, set within a well-established, central community. The home stands out on its street and within the neighbourhood for its higher assessed value, suggesting it is a well-maintained or updated property among its peers. However, its lot size is smaller than average for the area, a trade-off for its central location.
The property would suit a first-time buyer or an investor looking for a character home with move-in-ready fundamentals in a mature neighbourhood. Its above-average size for the area makes it practical for small families or those needing more space. The renovated basement adds immediate functional living or utility space without the need for a major project. A buyer should value location and interior space over a large private yard.
Key Considerations & FAQs
1. What does the assessed value tell us?
The assessed value is significantly above average for both Toronto Street and the wider Daniel McIntyre neighbourhood. This typically indicates the property has been improved or maintained better than many surrounding homes, which is a positive sign of condition.
2. How does the lot size impact the property?
The land area is below average for the street, neighbourhood, and city. This means a smaller yard, which could be a drawback if outdoor space is a priority. Conversely, it often translates to less exterior maintenance.
3. Is the living space adequate?
Yes. With 1,328 sq ft, the home offers more living area than most comparable properties on its street and in Daniel McIntyre, providing a sense of spaciousness that can be rare in older, central neighbourhoods.
4. What should I know about the age of the home?
Built in 1913, the home is older than most in the city. While it offers classic character, a thorough inspection is essential to understand the condition of major aging components like the roof, wiring, and plumbing.
5. How does it compare to recently sold nearby homes?
The home last sold in April 2022. Comparing its assessed value and features to recent neighbourhood sales (like those on Toronto, Simcoe, and Agnes streets) will be crucial for determining its current market price and value proposition.