226 Oakdale Drive

Property Summary: 226 Oakdale Drive

Key Characteristics & Appeal

This is a well-established, single-family bungalow situated on a large, nearly 9,000 sqft lot in the Marlton neighbourhood. Built in 1976, the home offers 1,460 sqft of living space, a finished basement, and an attached garage. Its standout feature is the exceptionally generous lot size, which provides ample outdoor space for gardening, recreation, or future expansion.

The appeal lies in its combination of solid fundamentals and strong relative value within the broader Winnipeg market. The property ranks highly for its lot size, living area, and assessed value compared to most of the city, suggesting it offers more space for the price than many alternatives. It’s a classic, low-profile home that prioritizes functional space over flashy updates. This property would suit practical buyers looking for a move-in-ready home with room to grow, whether that means enjoying a large yard, having space for a home workshop, or valuing the potential equity in a lot of this size. It’s particularly well-matched for first-time buyers seeking space, or downsizers wanting single-level living without sacrificing outdoor privacy.

Frequently Asked Questions

1. What is the neighbourhood like?
Marlton is a mature, established residential community in Winnipeg. It typically offers a mix of family homes, good access to local amenities, and a quiet, settled atmosphere.

2. Is the basement a legal suite?
The listing notes the basement is finished but does not specify it as a legal secondary suite. Buyers interested in rental income should verify its compliance with local bylaws and zoning.

3. How does the 50-year age of the home affect things?
While the home is well-maintained, its age means prospective buyers should pay special attention to the condition of major systems during an inspection, such as the roof, plumbing, electrical, and foundation, which may be original or nearing their typical lifespan.

4. The assessed value is notably high compared to neighbours. What does that mean?
A high municipal assessment relative to the area generally indicates the city appraiser views the property as having above-average value, often due to lot size, improvements, or home condition. It’s a positive data point for equity but does not directly set market price or guarantee a similar sale price.

5. What are the advantages of a large lot like this?
Beyond simple outdoor space, a lot of this size (over 1/5 of an acre) offers long-term flexibility. It provides privacy from neighbours, room for additions like a shed or deck, and could be a significant asset if the area ever sees redevelopment or lot subdivision opportunities in the future.