Property Overview: 103-820 Mcmillan Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a 747 sqft condominium in Winnipeg's Mcmillan neighbourhood, built in 1961. Its key characteristic is its position as a comparatively modern building within its immediate area—it ranks in the top 13% for year built on its street, where many homes are from the 1930s. The living space is average for the street but below the wider city average, suggesting a compact, efficient layout.
The primary appeal lies in its affordability and lower ongoing costs, as reflected in its below-average assessed value compared to the street, neighbourhood, and city. This creates an accessible entry point into homeownership. The unit would suit first-time buyers or investors seeking a lower-maintenance property with a modest tax burden. Its newer vintage (relative to the street) may also appeal to those wary of the maintenance needs common in century-old homes, though being a mid-century build still requires due diligence. A thoughtful perspective is that this unit offers a balance: it provides a more contemporary building structure within a well-established, character neighbourhood.
Section 2: Frequently Asked Questions
1. What does the assessed value tell me about this property?
The assessed value is consistently below average for the area, which generally translates to lower property taxes. It indicates this is a more budget-conscious option within the Mcmillan neighbourhood.
2. How does the 1961 build year affect the property?
While newer than many homes on the block, a 65-year-old building will still have aging components. Potential buyers should investigate the condition of major building systems, the roof, and windows, and review the condominium reserve fund study for planned repairs.
3. The living area is noted as "around average" for the street. What does that mean?
At 747 sqft, the unit's size is typical for this specific part of Mcmillan Avenue. However, it is smaller than the average home in both the broader Mcmillan area and Winnipeg overall, indicating a compact unit suitable for individuals, couples, or as an investment rental.
4. Are there recent sale prices available?
Public data shows a sale occurred between 2016 and 2025 in the CA$150k–$200k range. For the exact sale price and date, you must request the information directly via the provided email service on the listing page.
5. What is the building type, given the nearby unit addresses?
The proximity of many units at the same street number (e.g., 104-820, 202-820) confirms this is a multi-unit condominium or apartment building, not a standalone house. It's essential to review the condo fees, rules, and financial health of the corporation.