Property Summary: 400 Chalfont Road, Varsity View, Winnipeg

Key Characteristics & Appeal

This is a substantial, newly built two-storey home situated on an exceptionally large lot of over 33,000 square feet in the established Varsity View neighbourhood. Built in 2024, the 3,258 sqft residence ranks in the top 1% of homes locally for its size, newness, and assessed value. Its primary appeal lies in the rare combination of a modern, spacious new build and a massive, private lot—a pairing seldom available in mature, central neighbourhoods. The property offers a blank canvas for landscaping, gardening, or future additions, providing a sense of space and potential typically found in newer suburbs, but with the established character and convenience of Varsity View.

This home is ideally suited for buyers who prioritize both modern living standards and generous outdoor space. It would fit a growing family seeking room to spread out, or anyone who values the privacy and long-term flexibility a large lot affords. The property also presents a unique opportunity for those looking to invest in a premier location with a home that requires no immediate updates, offering immediate move-in readiness with the added benefit of being one of the newest homes in the entire area.

Frequently Asked Questions

1. What does the lot size actually mean for me?
At over 33,000 sqft, the lot is significantly larger than the standard city parcel. This translates to immense privacy, potential for extensive landscaping, recreational space like a sports court or large patio, and ample distance from neighbours. It’s a legacy-sized property.

2. The home is new, but what about the neighbourhood?
Varsity View is a long-established, tree-lined neighbourhood near the University of Manitoba. You’re purchasing a brand-new home within a mature community with settled infrastructure, mature greenery, and an established sense of place, offering the best of both worlds.

3. Are there any drawbacks to such a large lot?
Prospective buyers should consider the ongoing maintenance (lawn care, snow clearing) which will be more demanding and potentially costly than for a standard lot. Utility lines and future exterior projects should also be verified for any easements.

4. There's no garage listed. Is there parking?
The listing specifies no garage. Buyers should inquire directly about the driveway capacity, potential for a future garage build (subject to bylaws), and on-street parking regulations to fully understand the parking situation.

5. Why is the assessed value a key point mentioned?
The assessed value of over $1.07 million, ranking in the top 1%, is a strong, independent indicator from the municipal authority of the property’s market positioning. It reflects the combined premium for the new construction, large square footage, and the exceptional lot size in this location.