Property Summary: 247 Montrose Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home on Montrose Street in North River Heights is defined by its impressive scale and established character. Its primary appeal lies in its exceptionally generous living space of 3,168 sq ft, which ranks in the top 2% of homes both on its street and in the desirable North River Heights area. This is a home built for spacious living and entertaining. The lot size of just over 6,000 sq ft is also notably above average for the neighbourhood, offering ample outdoor space.
The property’s assessed value of $680,000 reflects its premium positioning, ranking well above average city-wide. A key, less obvious characteristic is its 1912 vintage. While its age places it among the older homes in the area, this often translates to classic construction, mature landscaping, and a well-established streetscape. This isn’t a modern infill; it’s a piece of the neighbourhood’s fabric.
This home would best suit buyers who prioritize interior volume and a large lot over new construction. It’s ideal for a family seeking room to grow, someone who values the character of an older community, or an owner who isn’t intimidated by the potential maintenance or updating that can come with a century-old home. The buyer is likely trading some modern convenience for timeless space and location.
Section 2: Frequently Asked Questions
1. What does the "Elite" ranking for living area actually mean?
It means this home's interior square footage is larger than 98-99% of comparable homes in North River Heights and across Winnipeg. You are getting significantly more house, by the numbers, than the vast majority of properties.
2. The home is noted as being much older than average. What should I consider?
While offering classic charm and likely solid construction, an older home may have outdated mechanical systems (like plumbing or electrical), require more frequent maintenance, or need renovations to meet modern energy efficiency standards. A thorough inspection is essential.
3. The assessed value is high for the street. Is that a concern?
Not necessarily. The assessment is based on the property's characteristics, including its very large size. It ranks 36th out of 287 on Montrose Street, meaning there are more valuable homes, but it sits well above the street's average assessed value of ~$522k, reflecting its premium attributes.
4. Can I find out the exact historical sale price?
The site shows the home sold in February 2020 for between $500,000 and $550,000. Due to data source rules, they do not publish the exact figure online but offer to provide it via a manual email lookup upon request.
5. How does the lot size compare to a typical city lot?
At 6,001 sq ft, the lot is above average for North River Heights but slightly below the city-wide average lot size. This indicates you get a very generous yard for the inner-city neighbourhood, though lots in newer suburban areas may be larger.