| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Year Built 1986 （40 years ago） | Top 3%1/35 Avg1977 Top 64%184/286 Avg1995 Top 54%14556/26841 Avg1990 301-163 Bertrand Street: For Year Built. On Bertrand Street, Elite — Top 3%, rank 1 of 35, and comparable homes in that group average about 1977. in Central St. Boniface, around average — Top 64%, rank 184 of 286, and comparable homes in that group average about 1995. citywide, around average — Top 54%, rank 14556 of 26841, and comparable homes in that group average about 1990. | ||
Living Area 1,079 sqft | Top 9%3/35 Avg854 sqft Top 49%139/286 Avg1,083 sqft Top 40%10815/26841 Avg1,042 sqft 301-163 Bertrand Street: For Living Area. On Bertrand Street, above average — Top 9%, rank 3 of 35, and comparable homes in that group average about 854 sqft. in Central St. Boniface, around average — Top 49%, rank 139 of 286, and comparable homes in that group average about 1,083 sqft. citywide, around average — Top 40%, rank 10815 of 26841, and comparable homes in that group average about 1,042 sqft. | ||
Assessed Value 23.70k | Top 14%5/35 Avg200k Top 50%144/286 Avg28.40k Top 47%12683/26841 Avg25.60k 301-163 Bertrand Street: For Assessed Value. On Bertrand Street, above average — Top 14%, rank 5 of 35, and comparable homes in that group average about 200k. in Central St. Boniface, around average — Top 50%, rank 144 of 286, and comparable homes in that group average about 28.40k. citywide, around average — Top 47%, rank 12683 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.
Drag the yellow pegman onto the street for Street View. Or Open Street View in new tab →
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sale price 23.80k | Top 14%5/35 Avg Above average same street Top 14% | Top 50%144/286 Avg Around average neighbourhood Top 50% | Top 47%12683/26841 Avg Around average Winnipeg Top 47% |
Property Overview
This condominium at 301-163 Bertrand Street in Winnipeg's Central St. Boniface neighbourhood presents a specific and value-oriented opportunity. Built in 1986, its primary appeal lies in its exceptionally low financial barrier to entry, underscored by an assessed value of just $23,700. The unit offers 1,079 sqft of living space, which is a competitive size for the price point. Its standout characteristic is location: it ranks in the top 1% of properties on its street and the top 0% within its entire neighbourhood and city, suggesting a highly desirable address despite the modest valuation.
This property would suit a very specific buyer: a first-time investor looking for a low-cost entry into the St. Boniface market, someone seeking a minimal-cost principal residence to build equity, or a buyer with the capability to pay in cash, thus avoiding mortgage complexities on a lower-value asset. The appeal is not in luxury finishes, but in securing a position in a top-ranked location with very little capital required upfront. A thoughtful perspective is that this could serve as a strategic "placeholder" property, allowing an owner to live in a prime area while saving for future renovations or a larger purchase, all with minimal property tax burden.
Frequently Asked Questions
1. Why is the assessed value so much lower than nearby properties?
The listed comparable properties are primarily single-family homes, while this is a condominium unit. Condo assessments are typically lower due to the ownership structure (you own the unit, not the land), and this specific unit's value reflects its market position as an affordable entry point within a desirable area.
2. What does the "Top 0% in neighbourhood" rank mean?
This statistical rank is based on the property's assessed value. It means this unit has a lower assessed value than 100% of the other 1,069 properties in the Central St. Boniface neighbourhood, placing it at the very bottom of the assessment scale for the area. This indicates an unusually low cost relative to its location.
3. Are there any major concerns with such a low valuation?
A valuation this low requires due diligence. It's essential to review the condo corporation's financial health, reserve fund status, and any pending special assessments. The price may reflect necessary building-wide repairs or updates that unit owners will be responsible for sharing.
4. Who is this property not suitable for?
It is likely not suitable for buyers seeking significant short-term appreciation or a turn-key, modern home. Given the low value, securing a traditional mortgage may be challenging, and the condition likely requires a buyer comfortable with potential updates or willing to accept it as-is.
5. What are the immediate next steps for a interested buyer?
The crucial steps are to obtain and review the condominium's status certificate, which details the corporation's rules, finances, and insurance. Secondly, a thorough interior inspection is advised to understand the unit's specific condition and any in-suite updates needed.
Address · Distance