Property Overview: 2-880 Corydon Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, 589-square-foot condominium in the established Earl Grey neighbourhood, built in 1972. Its primary appeal lies in affordability and location. With a historically low assessed value and a modest sale price, it represents a clear entry point into the Winnipeg market, particularly for Corydon Avenue—an area known for its vibrancy.
The unit suits first-time buyers, investors, or downsizers seeking a low-maintenance lifestyle without sacrificing access to amenities. While the living space is below average for the city, it is more in line with the typical size found within the Earl Grey area itself. A less obvious perspective is that a unit of this age in a multi-building complex may have a settled strata, potentially offering more predictable fees and established reserve funds compared to newer developments. Its appeal is practical: it’s for those who prioritize financial accessibility and location over square footage, viewing the home as a comfortable base in a desirable part of town.
Section 2: Frequently Asked Questions
1. What are the monthly condo fees, and what do they cover?
This information is not provided in the public data. A review of the condominium’s status certificate is essential to determine the monthly fees, what utilities or services are included, and the financial health of the reserve fund.
2. How does the below-average size actually feel?
At 589 sqft, the layout efficiency is paramount. Buyers should consider if the floor plan is an open concept or divided into smaller rooms, as this greatly impacts the sense of space. It’s wise to view the unit with your specific furniture and lifestyle in mind.
3. The building was built in 1972. What should I be aware of?
While the building’s age is above average for Corydon Avenue, indicating an older, stable complex, it necessitates due diligence. Inquire about the age of major building systems (roof, windows, plumbing, elevators) and any recent or upcoming special assessments for renovations or repairs.
4. How does the low assessed value affect property taxes?
A lower assessed value generally results in lower municipal property taxes, which is a ongoing financial benefit. The assessed value of $13,200 is significantly below the citywide average, suggesting this unit’s tax burden will be comparatively light.
5. What is the parking situation?
The listing does not specify parking. This is a critical question for this area, as street parking on Corydon can be limited. Confirm if the unit includes a dedicated parking spot, whether it’s surface or underground, and if there is any additional cost.