Property Overview: 104-670 Wayoata Street
Key Characteristics & Appeal
This 800 sqft condominium, built in 2011, presents a practical and modern living option in Winnipeg's Kildare-Redonda area. Its primary appeal lies in its relative newness and efficient use of space. The building is notably newer than most in the immediate neighborhood and across the city, which often translates to fewer immediate maintenance concerns and more contemporary building standards.
The unit’s living area is spacious compared to similar condos on its street and in the local area, ranking in the top tier. However, its assessed value is consistently average for its direct vicinity, suggesting it may offer good value for the space provided within this specific market. A key, less obvious perspective is that this property represents a "middle ground" — it's not the largest or most valuable unit citywide, but it holds a strong, competitive position within its own building and micro-neighborhood. This makes it a stable, low-drama option in its price bracket.
It would suit first-time buyers or downsizers seeking a modern, low-maintenance home without a premium citywide price tag. It’s also a sensible fit for an investor looking for a relatively new property with a stable assessment history in a well-established area.
Frequently Asked Questions
1. What are the condo fees, and what do they cover?
This information is not provided in the public data. A review of the condo corporation's status certificate and budget is essential to understand monthly fees and what amenities or services (like building insurance, common area maintenance, or a reserve fund) they include.
2. How does the low assessed value impact property taxes?
With an assessed value significantly below the Winnipeg average, the municipal property tax bill for this unit is likely to be proportionally lower. This is a key factor in its overall affordability.
3. The unit sold in early 2019. What has changed since then?
While the core building facts remain, market conditions, the condo corporation's financial health, and any special assessments levied on the building since 2019 would be critical to investigate. The current interior condition and any updates by the previous owner would also need verification.
4. The data shows many nearby units. Is this a busy or noisy building?
The listing indicates several units within the same address (e.g., 102-670, 208-670). This suggests a medium- to high-density condo complex. Prospective buyers should visit at different times to gauge noise levels, traffic in common areas, and the general atmosphere.
5. Why is the living area considered large for the street but below average for the city?
This highlights the character of the neighborhood. Kildare-Redonda likely features many compact, older homes and condos. This 800 sqft unit is spacious in that context but is compared against larger, single-family homes when measured citywide, which is an important distinction for setting space expectations.