Property Overview

This 800 sqft condo unit at 102-670 Wayoata Street in Winnipeg's Kildare-Redonda neighborhood presents a specific and efficient living proposition. Built in 2011, it is notably newer than most comparable properties in its immediate area and even city-wide. Its appeal lies in offering modern construction within a manageable footprint, coupled with a relatively low municipal assessed value. This combination suggests a property with lower carrying costs that requires less immediate upkeep than an older unit.

The unit is best suited for first-time buyers, downsizers, or investors seeking an affordable, low-maintenance entry into the Winnipeg market. Its smaller size and condo format cater to those prioritizing simplicity and cost-effectiveness over space. A thoughtful perspective is that while its living area is below the city average, it ranks highly within its own building and neighborhood—indicating it's a competitively sized unit for this specific location and property type. The data suggests you're paying for newer construction and location within Kildare-Redonda, rather than square footage.

Frequently Asked Questions

1. What are the condo fees, and what do they cover?
This information is not provided in the public data. A buyer must request the condo corporation's financial statements, bylaws, and reserve fund study to understand the monthly fees and what amenities or services (like building insurance, exterior maintenance, or common area utilities) they include.

2. Why is the assessed value significantly lower than the city-wide average?
The assessed value is based on the property's market value as determined by municipal assessment. Its lower value reflects the unit's smaller size (800 sqft vs. the city average of 1,042 sqft), the condo building type, and its specific location. It ranks above average for assessed value within its own neighborhood, however.

3. How does the 2011 build date affect this property?
A 2011 build is a key advantage. It means major building components like roofing, windows, and mechanical systems are likely still within their typical lifespan, potentially reducing the risk of special assessments for major replacements in the near term compared to much older buildings.

4. The sold price history shows a range. What was the exact last sold price?
The public record shows a sale in November 2017 for an estimated range. To obtain the exact sale price, you must request it directly from the listing source, as they manually provide this detail via email.

5. What is the significance of having four other units at the same address listed as "nearby properties"?
This indicates 670 Wayoata Street is a multi-unit condo building. The listed units are likely in the same complex. This is important for understanding the density of the building, researching potential rental competition if you're an investor, and recognizing that resale value will be influenced by the sale prices and condition of other units in the same building.