Property Overview: 9-405 Oakdale Drive, Winnipeg

Key Characteristics & Appeal

This is a compact, well-maintained apartment-style condominium built in 1977, located in the Marlton area. With 676 square feet of living space, it represents an accessible entry point into homeownership. Its primary appeal lies in its exceptional value and low-maintenance lifestyle. The property boasts remarkable statistical rankings: it sits in the top 1% of homes on its street and the top 0% within both its immediate community and all of Winnipeg for its assessed value, indicating it is priced significantly below most comparable properties.

This unit would ideally suit first-time buyers, investors seeking a stable rental property, or downsizers looking for an affordable, no-hassle residence without the upkeep of a house or yard. The lack of a basement or garage underscores its simplicity. A thoughtful perspective for potential buyers is to consider the long-term financial benefit of such a low assessment; this could translate into relatively lower property taxes, adding to the overall affordability. While the building is nearly 50 years old, its rankings show it is newer than many area homes, suggesting a well-established, stable building envelope and mature, settled community.

Frequently Asked Questions

1. What does the ranking data (e.g., "top 0%") actually mean?
It means this specific property has a lower assessed value than 100% of the comparison homes in that category. Essentially, its official valuation is more affordable than all other listed homes in its community and across Winnipeg, highlighting its standout value.

2. Are there any monthly condo fees, and what do they cover?
This information is not provided in the basic details. A crucial next step is to contact the listing agent or property manager to obtain the current condo fee amount and a detailed breakdown of what it covers (e.g., building insurance, exterior maintenance, reserve fund contributions).

3. What is the interior condition and layout like?
The provided data does not describe the interior. Viewing the property in person or requesting a virtual tour is necessary to assess the unit's condition, updates (like kitchen or bathroom), and specific floor plan flow.

4. Is parking available for residents and guests?
The listing states there is no garage. It is important to inquire about dedicated surface parking spots, visitor parking availability, and any associated regulations or costs.

5. Why is the assessed value so comparatively low?
While the exact methodology is not disclosed, such a low relative assessment can be influenced by the unit's smaller size, the building's age, and the overall market valuations in the immediate area. It serves as a strong baseline for affordability but does not necessarily dictate the final sale price.