Property Overview

This 1969-built bi-level home at 66 Ascot Bay offers a blend of space, established charm, and a prime location within Winnipeg's Elmhurst neighbourhood. Its key appeal lies in its generous, nearly 7,800 sqft lot—a rarity that places it in the top tier of properties locally for outdoor space. The home itself features a practical layout with over 1,000 sqft of living space and a finished basement, providing flexible room for family life, hobbies, or potential future updates. Its standout characteristic is its position in a mature, sought-after area, evidenced by its assessment value ranking highly against most area homes.

This property would particularly suit buyers looking for a long-term family home on a substantial lot in a well-regarded community. It's ideal for those who value outdoor privacy and room to garden or play more than brand-new interiors, and who have the vision to appreciate or gradually personalize a solid, well-located home. A thoughtful perspective is that while the structure is from 1969, the large lot represents a permanent, appreciating asset that newer subdivisions often cannot match, offering both immediate enjoyment and long-term value.

Frequently Asked Questions

1. What are the advantages of a bi-level design?
Bi-level homes typically offer efficient use of space with distinct separation between living and sleeping areas. The walk-out lower level often provides easier access to the backyard and allows for abundant natural light in the finished basement.

2. The home was built in 1969. What should I consider?
While the home has stood the test of time in a desirable area, a pre-purchase inspection is essential. This will clarify the condition of major aging components like the roof, windows, plumbing, and electrical systems, helping you plan for maintenance or updates.

3. How significant is the lot size?
At 7,775 sqft, the lot is a major feature. It offers exceptional outdoor space for gardening, recreation, and privacy—a growing luxury in urban settings. This size is a key contributor to the property's above-average assessed value within its community and across Winnipeg.

4. What does the "finished basement" entail?
The listing confirms the basement is finished, meaning it has insulated walls, proper flooring, and a ceiling, creating livable space. It's important to view the space to understand its layout, ceiling height, and how it integrates with the home's overall flow and functionality.

5. The rankings show the home is newer than most on its street but smaller than many in the city. How should I interpret this?
This highlights the property's context. Its 1969 build date is actually newer than 97% of its immediate neighbours, suggesting a street of very mature character. While the living area is modest compared to many city-wide, the property's value is bolstered by its large lot and location. It represents a balance of a comfortable home size on a premium piece of land.