209-820 Mcmillan Avenue

Property Overview

This unit at 209-820 Mcmillan Avenue is a 720 sqft condo in Winnipeg's Mcmillan neighbourhood, built in 1961. Its key appeal lies in being a competitively positioned, no-surprises entry point into the market. With a living area and assessed value that are around average for its immediate street but below the wider city averages, it represents a practical and relatively affordable option. The 1961 build date is notably newer than most other homes on Mcmillan Avenue, which could suggest fewer immediate concerns with aging infrastructure compared to its century-old neighbours. It last sold in the $150k-$200k range in 2024.

This property would suit first-time buyers, investors seeking a straightforward rental unit, or downsizers looking for a low-maintenance home without a high price tag. Its value is in its simplicity and location within a mature neighbourhood, offering a balance between space, cost, and a building that isn't among the oldest in the area.

Frequently Asked Questions

What are the monthly condo fees, and what do they cover?
This information is not provided in the public data. A buyer must request the condo corporation's financial statements and bylaws to understand the fee structure, reserve fund status, and what utilities or amenities (like water, building insurance, or grounds maintenance) are included.

How does the 1961 build date affect the unit?
While newer than many homes on the street, a building from the 1960s may still have original components, like plumbing or electrical systems, that could be nearing the end of their service life. A thorough inspection is advised to assess the condition of these behind-the-walls elements.

Is the assessed value a reliable indicator of the selling price?
Not directly. The assessed value of $16,500 is for municipal tax purposes. The 2024 sale in the $150k-$200k range is the true market indicator. Assessments often lag behind current market values.

What is the neighbourhood like?
Mcmillan is a central, established neighbourhood. The listing shows comparable properties on the same street, suggesting a mix of older character homes and multi-unit buildings. Prospective buyers should visit at different times to gauge noise, parking availability, and general street activity.

Why is the living area considered "around average" for the street but "below average" citywide?
This highlights the character of Mcmillan Avenue itself, which appears to have a higher concentration of smaller units or older, compact homes compared to the Winnipeg city average. It means you're getting a typical-sized home for this specific location, which is a useful context when evaluating price.