1344 Winnipeg Avenue W – Property Overview

Key Characteristics & Buyer Profile

This property is a 1945-built home with 768 square feet of living space on a 3,750-square-foot lot. Its assessed value is $155,000.

The home’s main draws are its generous land size and its age. The lot is larger than most on the street and in the surrounding Weston neighborhood, ranking in the top 30% locally. For buyers who prioritize outdoor space, yard access, or potential for future expansion, this stands out. The 1945 build is also older than typical for the area, which may appeal to those seeking pre-war construction, established character, or a property that has already weathered decades of settlement.

However, the living area is compact—below average on the street, in the neighborhood, and citywide. The assessed value reflects this, ranking in the bottom 22% on the street and bottom 34% citywide. The appeal here is not in move-in-ready space or high equity, but in affordability through a lower price point relative to larger or newer homes nearby.

This property would suit a buyer looking for an entry-level home in the Weston area who values a good-sized lot over interior square footage. It may also fit someone comfortable with a renovation project, particularly if they intend to add square footage or modernize an older structure. Investors or first-time buyers with limited budgets but a desire for land may find it a practical fit.

Frequently Asked Questions

1. How does the living area compare to similar homes nearby?
   At 768 square feet, it is smaller than most comparable homes on the street (average 1,121 sqft) and in the neighborhood (average 936 sqft). It ranks in the bottom 18% on the street and bottom 31% in Weston.

2. Is the lot size considered large for the area?
   Yes. The 3,750-square-foot lot is above the street average (3,558 sqft) and the neighborhood average (3,269 sqft). It ranks in the top 30% on the street and top 32% in Weston.

3. What does the assessed value of $155,000 mean for property taxes?
   Assessed value is used to calculate municipal property taxes. A value below both street and city averages ($198,400 and $390,100 respectively) means the tax bill should be relatively low compared to more expensive homes in the city. Check the current mill rate with the city for exact numbers.

4. Is the home considered old, and are there any concerns with a 1945 build?
   It is older than the neighborhood average (1937) and much older than the citywide average (1966). While pre-war and immediate postwar homes often have solid construction, buyers should budget for potential updates to electrical, plumbing, insulation, and windows. A home inspection is strongly recommended.

5. Does the property rank well for anything besides lot size?
   The lot size is its strongest feature. The year built is also above average for the street (top 28%), which may be a draw for buyers who want a home with a longer history. Living area and assessed value ranks are below average across all scopes.