Property Overview

This property at 3690 Pembina Highway stands out primarily for its exceptionally large lot of approximately 1.5 acres (66,200 sq ft), placing it in the top 1% of all properties in Winnipeg for land area. The appeal lies in this rare blank-canvas potential within the city limits. While specific details on the building are limited, the data suggests a modest assessed value relative to the land size. This creates a clear opportunity for a buyer whose vision prioritizes land over an existing structure. It would suit developers, builders, or individuals looking for a long-term property with ample space for future construction, extensive landscaping, or other large-scale uses. The lot's size offers a level of privacy and flexibility that is increasingly uncommon in urban settings.

Key Considerations & FAQs

1. What is the actual condition of the existing property? The provided data focuses on land value and comparisons. A site visit and professional inspection are essential to understand the state of any existing structures, which significantly influences redevelopment costs and feasibility.

2. What are the zoning bylaws and development potential? The primary asset is the land. The crucial next step is to investigate City of Winnipeg zoning regulations to determine what can be built, including allowable building size, setbacks, and permitted uses, which will define the property's true value.

3. Why is the assessed value relatively low compared to the lot size? Municipal assessments often reflect current use rather than potential. A low assessment on a large parcel can indicate that the existing improvements are minimal or dated, with the tax valuation being heavily weighted toward the land's current state rather than its future development value.

4. How do utilities and services connect to this large lot? For any new development, confirming the cost and logistics of connecting to city water, sewer, gas, and electricity—especially across a large lot—is a critical practical and financial consideration.

5. What is the neighbourhood context and future outlook? The property is on a major arterial road. Buyers should consider the long-term plans for Pembina Highway, traffic noise, and the character of the surrounding Turnbull Drive area to ensure it aligns with their intended use, whether for private residence or development.