90 Canoe Bay

Property Overview & Appeal

This well-situated Westwood bungalow offers a classic, low-maintenance footprint on a generous lot. Its key appeal lies in a practical combination: a fully renovated basement adds significant functional living space to the 1,180 sqft main floor, creating a versatile layout ideal for growing families or those needing a main-floor bedroom. The property stands out on its street with a larger-than-average lot (over 5,200 sqft), providing valuable outdoor space and future potential in a mature neighbourhood.

Its value is grounded in move-in readiness with the basement work already completed, saving immediate renovation costs. The home suits first-time buyers seeking space to grow, downsizers looking for single-level living with ample storage or a separate lower-level suite, and practical investors attracted by the solid fundamentals of a renovated property in a stable area. A less obvious perspective is its appeal to multi-generational families or those planning for aging in place, as the bungalow style and renovated lower level can accommodate flexible living arrangements.

Frequently Asked Questions

1. How does the renovated basement add value?
Beyond extra square footage, a professionally finished basement increases the home's functional space for living, working, or hosting, and is a key update that future buyers will appreciate. It effectively adds rooms without altering the home's original footprint.

2. What does the lot size mean for me?
At over 5,200 sqft, the lot is larger than most on the street. This provides more private outdoor space for gardening and recreation, and could offer future potential for additions or landscaping projects that smaller lots cannot accommodate.

3. The home was built in 1965. What should I consider?
While the basement is renovated, the core structure and main systems (like plumbing, electrical, and the roof) are of an age where proactive maintenance and eventual updates are to be expected. A thorough inspection is advised to prioritize any needs.

4. How does the assessed value relate to the listing price?
The assessed value of $350k is for municipal tax purposes and is a historical snapshot. The listing price is set by the current market. The assessment does confirm the property is in line with similar homes in value brackets across Winnipeg, providing a solid baseline.

5. Who would this neighbourhood suit?
Westwood is a mature, established neighbourhood with older homes and larger lots. It suits buyers looking for character, stability, and space over brand-new construction, and who value proximity to major routes, Assiniboine Park, and local schools.