Save on House

From Data to Your Dream Home

Loading...

1504-15 Kennedy Street

BasementNoPoolGarageNoneBuilding Type

Rankings

MetricSame streetSame areaCity-wide
Year Built
1980 46 years ago
Top 1%1/156
Top 57%260/458
Top 62%16580/26841

1504-15 Kennedy Street: For Year Built. On Kennedy Street, EliteTop 1%, rank 1 of 156, and comparable homes in that group average about 1980. in Broadway-Assiniboine, around averageTop 57%, rank 260 of 458, and comparable homes in that group average about 1983. citywide, around averageTop 62%, rank 16580 of 26841, and comparable homes in that group average about 1990.

Living Area
649 sqft
Top 81%126/156
Top 76%348/458
Top 92%24563/26841

1504-15 Kennedy Street: For Living Area. On Kennedy Street, below averageTop 81%, rank 126 of 156, and comparable homes in that group average about 802 sqft. in Broadway-Assiniboine, below averageTop 76%, rank 348 of 458, and comparable homes in that group average about 818 sqft. citywide, below averageTop 92%, rank 24563 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
13.10k
Top 91%142/156
Top 78%356/458
Top 94%25172/26841

1504-15 Kennedy Street: For Assessed Value. On Kennedy Street, below averageTop 91%, rank 142 of 156, and comparable homes in that group average about 15.20k. in Broadway-Assiniboine, below averageTop 78%, rank 356 of 458, and comparable homes in that group average about 20.80k. citywide, below averageTop 94%, rank 25172 of 26841, and comparable homes in that group average about 25.60k.

Map & Street View

Drag the yellow pegman onto the street for Street View. Or Open Street View in new tab →

Sales History

Sold 8/201914.90k
MetricSame streetSame areaCity-wide
Sale price
14.90k
Top 78%121/156

Below average

same street Top 78%

Top 71%324/458

Below average

neighbourhood Top 71%

Top 87%23375/26841

Below average

Winnipeg Top 87%

Highlights & common questions: 1504-15 Kennedy Street, Winnipeg

Property Overview & Appeal

This 649 sqft condominium at 1504-15 Kennedy Street in Broadway-Assiniboine presents a highly affordable, low-maintenance entry point into the Winnipeg market. Built in 1980, its key characteristic is its minimal financial footprint, underscored by a very low assessed value. Its appeal lies in pure functionality and cost-efficiency: it offers a place to live with extremely low property taxes and common fees, in a central neighbourhood close to downtown, the legislature, and the Assiniboine River. There is no basement, garage, or pool.

This property would suit a very specific buyer: a budget-conscious individual seeking the absolute lowest-cost ownership option, possibly an investor looking for a minimal-carry-cost rental, or someone wishing to own rather than rent while allocating funds elsewhere. It’s less about luxury or space and more about securing a tangible asset at the bottom of the market. A thoughtful perspective is that a unit like this can serve as a practical financial tool—freeing up income for other investments or experiences—rather than a traditional "home investment." Its newer building rank on its street suggests it may be among the more modern units in its immediate complex, a small advantage in an older building.

Frequently Asked Questions

1. What are the monthly condo fees, and what do they cover?
This is the most critical question. The fees directly impact affordability and value. Prospective buyers must obtain the current fee amount and a detailed breakdown of inclusions (e.g., heat, water, building insurance, reserve fund contributions) from the condominium corporation.

2. What is the current state of the condominium reserve fund?
Given the building's age (46 years), major repairs like roofing, windows, or structural updates are likely. A healthy, well-managed reserve fund is essential to avoid special assessments that could quickly outweigh the low purchase price.

3. Is this a rental-friendly building?
For an investor buyer, the building's policy on rentals is key. Some corporations have rental caps or restrictions. For an owner-occupant, the percentage of renters can influence the building's atmosphere and financing options.

4. How soundproof are the units?
In a smaller, affordable building, construction quality varies. Understanding noise transfer from neighbours is important for livability, especially in a 649 sqft space.

5. What specific amenities does the building offer?
Beyond the basic listing, ask about laundry (in-suite or common), guest parking, storage lockers, and any common areas. The lack of a garage or pool is noted, but other practical features may exist.

Nearby & similar assessment