Property Overview: 1054 Sinclair Street, Garden City, Winnipeg
Key Characteristics & Appeal
This one-storey home in Garden City is defined by two standout features: an exceptionally large lot and a recently renovated basement. With 9,291 square feet, the land size is in the top 1% for Sinclair Street and the top 3% for the entire Garden City area, offering rare potential for expansion, gardening, or outdoor living. The 1,237 sqft living area is comfortably above average for the immediate street. While the main house was built in 1968, the updated basement adds modern living space and utility.
Its appeal lies in this unique combination of a generous, blank-canvas yard with a move-in ready foundation. It’s not just a house but a property with clear room to grow. This would suit a practical buyer who values space and potential over a brand-new build—think first-time homeowners looking for a long-term project, a family wanting a large private backyard, or an investor recognizing the value of a premier lot in a stable neighborhood. The attached garage and the home's above-average assessed value for the street also point to a solid, well-regarded property within its micro-market.
Frequently Asked Questions
Q: How does the lot size compare to a typical city lot?
A: At over 9,200 sqft, it is significantly larger. The average residential lot in Winnipeg is about 6,570 sqft, and in Garden City, it's approximately 6,278 sqft, making this property's land a premium feature.
Q: Is the basement a legal suite?
A: The listing notes a renovated basement but does not specify it as a legal secondary suite. Buyers should consult with the city and their inspector to understand the permitted uses and regulations for the space.
Q: The home is from 1968. What should I be aware of?
A: While the basement has been updated, the main structure is from a era that may have original components like wiring, plumbing, or windows. A thorough inspection is recommended to prioritize any future updates.
Q: The assessed value seems low. Why is that?
A: The assessed value shown ($36.50k) is for taxation purposes and is not the market value. Market value is determined by recent sales of comparable properties. Its "above average" ranking for the street suggests it is viewed favorably relative to its neighbors.
Q: What is the real advantage of such a large lot?
A: Beyond a big backyard, it offers flexibility that smaller lots do not. This could include adding a substantial addition, building a large garage or workshop, creating landscaped outdoor rooms, or simply enjoying greater privacy and distance from neighboring homes.