Property Overview: 2103-1265 Leila Avenue
Key Characteristics & Appeal
This is a 1,128 sqft condo unit in Winnipeg’s Leila North neighbourhood, built in 2006. Its primary appeal lies in offering above-average space for a condo, ranking in the top 28% for living area within its immediate area. The assessed value is steady and around the average for both the street and the wider city, suggesting a stable, mid-market investment without extreme premiums. A less obvious point of appeal is its building age: while newer than many city-wide comparables, it is notably older than most other units on Leila Avenue itself. This could indicate a well-established, settled building with potentially lower initial costs compared to newer constructions in the same row.
The property would suit practical buyers looking for a spacious condo layout without a luxury price tag. It’s a match for first-time buyers or downsizers who prioritize interior square footage over a brand-new build, and for investors seeking a unit with metrics that consistently perform at or near the neighbourhood median, implying reliable rental demand.
Frequently Asked Questions
1. How does the size of this unit compare practically?
At 1,128 sqft, it offers significantly more space than the city-wide condo average (1,042 sqft) and is above average for the Leila North area, providing roomier living areas typical of older condo designs.
2. What does the assessed value tell me?
The assessed value of $28,900 is consistently around the average for its street, neighbourhood, and the city. This indicates a property that is not overvalued relative to its surroundings, which can be positive for property taxes and purchase price negotiations.
3. The unit was built in 2006. Is that a concern?
It depends on perspective. It’s newer than the Winnipeg city-wide average for comparable homes, but older than many units on Leila Avenue. A 2006 build means major components are approaching key maintenance intervals, so a review of the condo reserve fund and recent building audits is essential.
4. Who are the most likely neighbours or tenants here?
Given the location in Leila North and the unit’s spacious, practical layout, the building likely attracts a mix of long-term residents, small families, and professionals seeking affordability and space rather than downtown luxury.
5. Where can I find the exact historical sold price?
The listed price range is based on public data. The exact sold price is available by request via email from the listing source, which they provide manually without using your email for unsolicited marketing.