Property Overview: 59 Kingston Row, Elm Park, Winnipeg

Section 1: Key Characteristics & Appeal

This home is a substantial two-and-a-half storey property built in 1914, offering a classic character rarely found in the area. Its primary appeal lies in its generous scale and prime lot. With over 2,200 sqft of living space, it ranks within the top 4% of homes in Elm Park for size, providing ample room for a growing family or those who value spacious interiors. The lot is a significant asset at over 10,500 sqft, placing it in the elite top 3% of the neighborhood, offering exceptional outdoor potential, privacy, and rarity for an inner-city community.

The home suits buyers looking for a project with strong foundational value. It features a detached garage and a basement that is noted as unrenovated, presenting a clear opportunity for customization. While its age means potential heritage charm, it also implies that modernizations and updates will be a consideration for the next owner. The assessed value is notably high for the area (top 2% in Elm Park), reflecting its substantial lot and square footage, suggesting the underlying property value is strong. This is ideal for a buyer with a vision who is prepared to invest in updates over time to modernize the interior while leveraging one of the largest lots in a desirable, established neighborhood.

Section 2: Frequently Asked Questions

1. What does "basement, not renovated" typically imply?
It indicates the basement is in original or functional condition, but not modernized. Buyers should budget for potential updates to flooring, walls, and possibly mechanical systems to create a fully finished living space.

2. How does the 1914 build year affect the home?
It offers classic architectural character but necessitates a thorough inspection. Key focuses should be the foundation, wiring, plumbing, and insulation to meet modern standards, balancing charm with necessary upkeep.

3. The assessed value seems high compared to the last sale price in 2017. Why?
Municipal assessments reflect the property's market value for tax purposes, heavily influenced by its large lot size and generous square footage—both elite for Elm Park. The sale price from 2017 is a historical figure and may not reflect current market conditions or recent improvements.

4. Who is the ideal buyer for this property?
It best suits a buyer who values space and land over move-in-ready perfection. It's a strong fit for families seeking room to grow, or practical visionaries who see the value in a large, classic home they can personalize over time.

5. What are the less obvious advantages of such a large lot in Elm Park?
Beyond gardening and play space, it provides a rare buffer from neighbors, significant potential for additions like a garden suite (subject to zoning), and future-proofing against feeling cramped as the neighborhood evolves.