60 Canberra Road – Property Summary
Key Characteristics & Buyer Profile
This is a 1961 bungalow with 1,059 square feet of living space on a 3,376-square-foot lot. The home’s standout feature is its build year—it’s the oldest house on Canberra Road (ranked #1 out of 69), which suggests solid original construction in a well-established street. The lot is also on the larger side for its immediate street (top 17%), though it’s noticeably smaller than the Windsor Park neighbourhood average of 6,030 square feet.
The assessed value is $249,000, sitting near the street average but significantly below both the neighbourhood and citywide medians. This makes the property more affordable than most others in the area, but it also implies that the home may need updates or lacks some of the modern features that drive up valuations nearby.
Appeal & Fit:
The main draw here is entry-level affordability in a mature, central neighbourhood. Buyers who prioritize a quiet, older street with decent lot dimensions—and who are comfortable with a home that likely needs cosmetic or mechanical work—will find value. It suits first-time buyers looking to get into Windsor Park without paying a premium, or investors seeking a lower-cost property in a stable area where land in the street context is slightly above average. The home is not ideal for someone who wants a turnkey move-in with modern finishes or a large backyard by neighbourhood standards.
Five Frequently Asked Questions
1. How does the lot size compare to other homes in Windsor Park?
The lot is 3,376 square feet. While it’s one of the larger lots on Canberra Road itself (top 17%), it’s well below the neighbourhood average of 6,030 square feet (bottom 3% in Windsor Park). In short: good for the street, small for the area.
2. Why is the assessed value so much lower than the neighbourhood average?
The neighbourhood average assessed value is $354,200, compared to $249,000 for this property. This gap is likely due to the home’s age, smaller living area (1,059 sq ft versus the neighbourhood average of 1,091 sq ft), and possibly outdated interior systems or finishes. Older homes that haven’t been renovated tend to pull the assessed value down.
3. Is this house a good candidate for renovation or addition?
Potentially, yes. The lot is modest for the neighbourhood but decent for the street, and the home’s 1961 construction is solid but dated. Any addition or major renovation would need to work within the lot’s 3,376 square feet, which limits expansion compared to larger neighbouring properties. A renovation that brings the home up to modern standards could increase the assessed value significantly, but the ROI may be constrained by the small lot.
4. How does the living area compare to similar homes across Winnipeg?
It’s slightly below the citywide average for comparable homes (1,342 sq ft), ranking in the top 66% citywide. This means it’s on the smaller side for the city overall, but not unusually so—many older homes in established neighbourhoods are in this range.
5. What does the "Top 1%" rating for year built actually mean?
The home was built in 1961, which is the oldest year on Canberra Road. This means no other home on the street is older—it’s the original or one of the first houses built there. In a neighbourhood where most homes were built around the same era, having the oldest build year is not a negative, but it does mean the home likely has original infrastructure (plumbing, electrical, foundation) that may need attention sooner than newer builds.