Property Overview: 155 Bertrand Street, Central St. Boniface

Key Characteristics & Appeal

This property at 155 Bertrand Street is defined by its significant history and its clear positioning as a land-value opportunity. Built in 1908, it is one of the oldest homes in its immediate area, neighbourhood, and even city-wide, placing it in the top 1% for age. The home itself offers 960 sqft of living space. The lot is a standard size for Central St. Boniface at 3,892 sqft, fitting the character of the established neighbourhood.

The primary appeal lies in its potential. With a very low assessed value and a last sale price of $18,500 in 2017, this presents an entry point into the sought-after St. Boniface area that is rare. It would suit a buyer looking for a foundational investment—whether as a renovator’s project aiming to restore a century-old home, or as a landholder who sees long-term value in a central location. It’s not a move-in-ready home, but a canvas. A less obvious perspective is its appeal to those interested in architectural preservation, offering a chance to steward a piece of Winnipeg's early 20th-century residential history.

Frequently Asked Questions

1. Is this a teardown property?
While the data suggests the value is primarily in the land given the low assessed value and sale price, the 1908 build date indicates a structure with historical character. The decision to renovate or rebuild would depend on a buyer's inspection, goals, and budget.

2. What is the neighbourhood like?
Central St. Boniface is a historic, established community known for its cultural vibrancy, proximity to the Seine River, and strong sense of place. This location offers the benefit of a mature neighbourhood with amenities close by.

3. Why is the assessed value so much lower than nearby properties?
The assessed value of $20,500 is significantly below averages for the street and area. This typically reflects the condition and state of the property itself, rather than the land value, suggesting substantial renovation or repair is needed.

4. Are there any other buildings on the lot?
The listing shows no garage. The details do not specify other structures, so this would require a site visit or clarification with the listing agent.

5. What are the immediate next steps for a interested buyer?
Given the property's profile, essential first steps would include a thorough professional inspection to understand the structural condition, researching any heritage considerations due to its age, and investigating development or renovation bylaws with the City of Winnipeg.