Property Overview

This 1972-built bi-level home at 240 Oakdale Drive offers a well-maintained and spacious living environment on a large, approximately 8,843 sqft lot in Winnipeg's Marlton neighbourhood. Its key appeal lies in its balance of space, value, and established community feel. The 1,140 sqft home features a finished basement, adding functional living area. While there is no garage or pool, the property's strengths are reflected in its strong city-wide rankings: it sits in the top 9% of Winnipeg for lot size and the top 36% for assessed value, indicating a property that offers more land and perceived value than most in the market.

It would particularly suit first-time buyers or downsizers looking for a manageable home with room to garden or enjoy outdoor space without excessive upkeep. The finished basement also makes it a fit for those who need a flexible space for a home office, family room, or guest area. A thoughtful perspective is that this home represents a classic Winnipeg housing stock—solid, unpretentious, and offering the quiet stability of a mature neighbourhood where the value is in the land and livability rather than flashy amenities.

Frequently Asked Questions

1. What does the "bi-level" style mean for daily living?
A bi-level typically features a short flight of stairs leading to the main living areas (kitchen, living room, bedrooms) and another leading down to a lower level. This layout often creates a clear separation between living and recreational spaces, which can be great for noise buffering but involves more stair use than a bungalow.

2. How significant is the lot size, and what are the implications?
At nearly a quarter-acre, the lot is a major feature. It provides ample private outdoor space, potential for gardening, expansion, or additions (subject to bylaws), and generally more distance from neighbours than newer subdivisions. The trade-off is a larger yard to maintain.

3. The home was built in 1972. What should I be mindful of?
While systems like roof, windows, and furnace may have been updated over the years, a home of this age warrants a thorough inspection. Particular attention should be paid to the condition of the original plumbing and electrical systems, as well as the foundation and insulation levels, which may not meet modern efficiency standards.

4. There's no garage. Is that a major drawback?
This depends on lifestyle. For some, it's a deal-breaker. For others, it's an acceptable trade-off for the lot size and value, with the option to park on the driveway and use a shed for storage. It's worth considering the cost and feasibility of adding a garage or carport in the future.

5. The rankings show it's in the top 9% for lot size in Winnipeg but only average for living space. What does that mean?
This highlights the property's profile: you are primarily investing in the land and location. The house itself offers standard square footage for its era, but the value proposition is the generous, above-average yard it sits on. It suggests potential for the future value to be driven by the land.