1105 Wellington Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a property defined by exceptional scale and prestige, not by modernity. Built in 1927, the home sits on a 52,125 sqft lot—ranking in the top 1% citywide and top 3% on Wellington Crescent. The living area is 6,674 sqft, also in the top 1% across Winnipeg. Its assessed value of $2.95M places it among the top 28 properties out of nearly 200,000 citywide.
The appeal here is straightforward: land and presence. Few properties in the city offer this combination of lot size, living space, and location on one of Winnipeg’s most established streets. The home’s age (1927) means it is older than the average on its street and in its neighbourhood—this is not a move-in-ready renovation. Buyers should expect a property that requires either significant updating or a full restoration.
This property suits someone who values land equity, privacy, and address over turnkey convenience. It would appeal to buyers looking for a generational home, a compound-like setting within the city, or a project where they can put their own stamp on a historic shell. It is less suited to someone seeking modern finishes or a low-maintenance lifestyle.
Frequently Asked Questions
1. How does the lot size compare to other properties on Wellington Crescent?
The lot is 52,125 sqft, which ranks 7th out of 267 properties on the street (top 3%). The average lot size on Wellington Crescent is roughly 13,936 sqft, so this is nearly four times that—an outlier even on an elite street.
2. Is the 1927 build date a drawback or a feature?
That depends on your goals. The home is older than 74% of properties on its street, meaning many neighbours have been updated or rebuilt more recently. For a buyer looking for original character or a full renovation, the age could be a draw. For someone wanting modern systems and minimal work, it would be a drawback.
3. What does the assessed value of $2.95M actually mean?
It places the property in the top 1% citywide and top 3% on its street. It is roughly three times the average assessed value on Wellington Crescent ($929k) and more than seven times the citywide average for comparable homes ($390k). The value is driven almost entirely by land and location rather than the structure itself.
4. Are there comparable properties nearby that have sold recently?
The neighbourhood analysis tool (linked on the property page) allows you to view this home on a map alongside nearby houses, comparing year built, living area, assessed value, and lot size. That is the most reliable way to understand recent sales context, as direct comparables for a property of this scale are rare.
5. What should a buyer budget for beyond the purchase price?
Given the 1927 construction and the property’s size, buyers should plan for substantial costs related to updating mechanicals, roof, windows, and possibly foundation work. The sheer square footage means any renovation or maintenance will be expensive—both in materials and labour. A thorough inspection and contractor walk-through are essential before making an offer.