316-770 Tache Avenue

Property Overview & Key Characteristics

This property at 316-770 Tache Avenue is a modern, low-maintenance unit in Winnipeg's North St. Boniface neighbourhood. Built in 2011, it offers a contemporary living space of 1,354 sqft without the upkeep demands of a yard, basement, or garage. Its standout appeal lies in its exceptional location ranking—it sits in the top 1% of properties on its street and the top 0% within its entire neighbourhood and city for area, suggesting a premier, well-regarded spot within the community.

The home would suit a first-time buyer or downsizer seeking a turn-key, modern residence in a highly sought-after location. It’s also a practical fit for professionals who value their time and prefer to avoid exterior maintenance, as the condo-style setup handles those responsibilities. A thoughtful perspective is that the recent sale price closely aligns with the assessed value, indicating a stable, market-supported purchase without speculative premium.

Frequently Asked Questions

1. What does the "Top 0% in neighbourhood" ranking actually mean?
This ranking is based on the property's land area. It means this specific unit's plot ranks higher than 100% of other properties in North St. Boniface for that metric, indicating it is in a prime, well-positioned part of the neighbourhood.

2. Are there any additional monthly fees?
While the listing doesn't specify condo fees, properties of this type (with no basement, garage, and shared building addresses listed) typically have a monthly condominium fee to cover common area maintenance, building insurance, and reserves. This must be confirmed with the seller or property manager.

3. What is included in the "living area"?
The 1,354 sqft refers to the interior, finished living space of the unit itself. This does not include any exterior or common areas.

4. How does the sold price compare to the market?
The property sold for $37,500 in November 2024, which is slightly below its $38,100 assessed value. This suggests a purchase that was fair and closely aligned with municipal valuation, not an inflated or distressed sale.

5. What are the implications of having no garage?
Residents will need to rely on street parking or potentially a dedicated surface lot spot. Given the high location ranking, the area is likely walkable with good access to amenities, which can offset the need for immediate vehicle storage for some buyers.