| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Year Built 1980 （46 years ago） | Top 1%1/156 Avg1980 Top 57%260/458 Avg1983 Top 62%16580/26841 Avg1990 1705-15 Kennedy Street: For Year Built. On Kennedy Street, Elite — Top 1%, rank 1 of 156, and comparable homes in that group average about 1980. in Broadway-Assiniboine, around average — Top 57%, rank 260 of 458, and comparable homes in that group average about 1983. citywide, around average — Top 62%, rank 16580 of 26841, and comparable homes in that group average about 1990. | ||
Living Area 840 sqft | Top 1%1/156 Avg802 sqft Top 25%116/458 Avg818 sqft Top 72%19332/26841 Avg1,042 sqft 1705-15 Kennedy Street: For Living Area. On Kennedy Street, Elite — Top 1%, rank 1 of 156, and comparable homes in that group average about 802 sqft. in Broadway-Assiniboine, above average — Top 25%, rank 116 of 458, and comparable homes in that group average about 818 sqft. citywide, below average — Top 72%, rank 19332 of 26841, and comparable homes in that group average about 1,042 sqft. | ||
Assessed Value 15.30k | Top 51%79/156 Avg15.20k Top 58%266/458 Avg20.80k Top 85%22813/26841 Avg25.60k 1705-15 Kennedy Street: For Assessed Value. On Kennedy Street, around average — Top 51%, rank 79 of 156, and comparable homes in that group average about 15.20k. in Broadway-Assiniboine, around average — Top 58%, rank 266 of 458, and comparable homes in that group average about 20.80k. citywide, below average — Top 85%, rank 22813 of 26841, and comparable homes in that group average about 25.60k. | ||
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: colored length ≈ share of peers you outperform; vertical line ≈ median benchmark; white tick = your position. Badge tint: gold / blue / gray / dark gray for top ~1–5% / 5–30% / 30–70% / beyond.
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| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sale price 18.50k | Top 1%1/156 Avg Well above average — among the best in this group same street Top 1% | Top 22%101/458 Avg Above average neighbourhood Top 22% | Top 68%18176/26841 Avg Around average Winnipeg Top 68% |
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sale price 180k | Top 1%1/156 Avg Well above average — among the best in this group same street Top 1% | Top 23%104/458 Avg Above average neighbourhood Top 23% | Top 70%18891/26841 Avg Around average Winnipeg Top 70% |
Property Overview
This 840 sqft unit at 1705-15 Kennedy Street in Broadway-Assiniboine presents a highly specific and value-driven opportunity. Built in 1980, its primary appeal lies in its exceptionally low financial barrier to entry, underscored by a recent sale price of $18.5k in April 2024 and a nominal assessed value. The unit ranks in the top 1% on its street for living space, offering more room than nearly all its immediate neighbours, which is a notable advantage given the price point. It has no basement, pool, or garage.
The profile suits a very particular buyer: an investor looking for a minimal-capital addition to a portfolio, someone seeking the most affordable possible entry into the Winnipeg market, or a buyer comfortable with a project where the very low cost basis allows for a renovation budget. It is less suited to those seeking turn-key convenience or who prioritize amenities and finished common spaces. A thoughtful perspective is that this property represents a pure value play on location and square footage, where the financial metrics are almost entirely detached from traditional housing costs, creating a unique, high-risk but potentially high-reward scenario.
Frequently Asked Questions
1. Why is the price so low?
The price reflects a combination of the building's age, the unit's condition likely requiring updates, and the overall market valuation for this specific type of property. The recent sale history shows it trades as a value-based asset rather than a conventional home.
2. What does the ranking data actually mean?
The rankings compare this unit against others on its street, in Broadway-Assiniboine, and across Winnipeg. Key takeaways are that it offers more living space than 99% of units on Kennedy Street, but its assessed value is in the bottom 5% city-wide, highlighting its outlier status.
3. Who is responsible for maintenance and repairs?
As a condominium or co-operative unit, major structural repairs, common areas, and exterior maintenance would typically be managed by the building's corporation, funded through monthly fees. Detailed strata documents would be essential to review.
4. Are there monthly condo or co-op fees?
The listing does not specify fees. This is a critical question for any prospective buyer, as monthly fees can significantly impact the total cost of ownership and may be substantial in an older building.
5. What is the neighbourhood like?
Broadway-Assiniboine is a central Winnipeg neighbourhood known for its character, proximity to the Legislative Building, The Forks, and the University of Winnipeg. The specific location on Kennedy Street places you in a dense area of similar apartment-style buildings, offering urban convenience.
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Address · Assessed Value