Property Overview & Key Characteristics

This vacant residential lot at 369 Desrosiers Drive in Winnipeg's Canterbury Park neighbourhood presents a prime opportunity for a custom build. Its primary appeal lies in its exceptional rarity and positioning within a well-established area. The lot is notably large at 8,760 sqft, ranking in the top 9% for size on its street. More strikingly, the data indicates it is the newest property on its street and within the entire neighbourhood, suggesting it is likely one of the last remaining undeveloped parcels in the area. This combination of a sizable, fresh canvas in a mature community is uncommon.

The property would suit a buyer looking to build their dream home without compromising on location, or an investor/developer seeking a strategic hold in a desirable area. The significantly higher assessed value compared to most immediate neighbours ($15.10k vs. a typical range of $12.50k - $14.40k) reflects its unique development potential. It’s important to note that this is a land purchase; there is no existing home, garage, or pool.

Frequently Asked Questions

1. What exactly am I purchasing here?
You are purchasing a vacant residential lot. The price and assessed value reflect the land only, with no existing structures.

2. Why is the assessed value higher than the surrounding houses?
This is likely because the assessment for this lot reflects its development potential as a vacant, buildable parcel, whereas the neighbouring properties are assessed as older, built homes. Its status as the newest (and likely last) lot also contributes.

3. Are utilities and services available at the lot line?
Prospective buyers must verify this directly with the city and utility providers. While services are present in the neighbourhood, confirming the connection points, any associated development fees, and the process for hookup is a crucial due diligence step.

4. What type of home can I build here?
You will need to consult the City of Winnipeg's zoning bylaws for the specific property to understand allowable building size (floor area ratio), height restrictions, setback requirements from the street and lot lines, and any other development regulations.

5. The listing shows "Rank by year, newer = better" as #1. What does that mean?
This statistical ranking indicates that, according to the available data, this property is the most recently registered or created lot on its street, in the neighbourhood, and in Winnipeg. For a vacant lot, this essentially means it is among the last available for development in these areas, which is a key part of its value proposition.