Property Overview: 229 Wellington Crescent, Unit Ph9a
Key Characteristics & Appeal
This is a notably spacious and valuable condominium in Winnipeg's prestigious Roslyn neighborhood. Built in 2009, the 2,315 sqft residence stands out for its modern age in an area of primarily older homes. Its appeal lies in a rare combination of elite-scale living space, a contemporary build, and a premier Wellington Crescent address.
The data underscores its standout position. The unit's living area places it in the top 4% on its street, top 2% in Roslyn, and top 1% citywide. More striking is its assessed value of $894,000, which ranks in the top 3% on Wellington Crescent and the top 1% both in the neighborhood and across all of Winnipeg—indicating it is considered among the city's most substantial properties.
This home would suit buyers seeking a low-maintenance, high-end lifestyle without compromising on space. It’s ideal for those who value a modern construction within a historic area, and for purchasers for whom a premium assessed value is a marker of investment quality and exclusivity, not a deterrent. It appeals to downsizers from larger estates who still desire generous room proportions, or professionals seeking a turn-key property in a central, elite location.
Frequently Asked Questions
1. How does the assessed value compare to the last sale price?
The property last sold between $850,000-$900,000 in July 2016. The current assessed value of $894,000 suggests it has held its value steadily in that period, aligning with the upper end of that previous sale range.
2. What does the "Ph9a" designation mean?
This indicates it is a condominium unit (likely "Penthouse" or a specific phase/building designation). Owners will pay condo fees for shared maintenance, amenities, and building insurance, which should be factored into the budget.
3. The year built is newer than most nearby homes. What are the implications?
A 2009 build means modern construction standards, materials, and systems, potentially leading to lower immediate maintenance costs and higher energy efficiency compared to the neighborhood's century-old homes. It also suggests the unit was likely designed for contemporary open-concept living.
4. Are the sold prices shown for this exact unit?
The sold price data from 2016 is for this property. The site notes that precise, verified sales history may require a manual request due to industry rules, so for absolute certainty in financial planning, obtaining verified figures is recommended.
5. The listing shows many units at the same address. What is the setting like?
229 Wellington Crescent is a multi-unit condominium building. While offering a premier address, prospective buyers should inquire about the number of units, shared amenities, parking arrangements, and the condo board's financial health to understand the community feel and fee structure.