Spotlight on: The Element Condominiums
Located at 155 Sherbrook St at Sara Ave, at the edge of popular Wolseley Community, these newly constructed (2013) condos at The Element Condominiums are ideally located near Misericordia Hospital and the University of Winnipeg campus.
Year Built: 2013
Total Condos:
The building has a total of 44 residential condo units and one retail space. Condos are ranging in size from 541 sq ft for a 1-BR condo, to 880 sq ft for 2-BR units.
Condo Restrictions:
Just the usual condo-restrictions, such as “No Laundry to be hung from the balcony” etc. Pets are allowed, one cat or small dog per unit, so long as they don’t pose a nuisance to other owners. Pets must be carried while in the hallways. Owners are allowed to rent out their suites, however must assure that their tenants abide by all rules. Currently owners who rent out their suites do not need to submit a security deposit to the board.
Property Taxes
Gross Property Taxes range between approx. $2100.00 per unit for the smaller 1 BR suites, to $2800 for the 880 sqft sized units. Of course, as an owner who actually lives in their unit, you would qualify for the Provincial Home Owners Assistance Rebate, similar to when you own a house.
Condo Fees
Condo fees range between $270 and $430 per month, which includes snow removal, property maintenance, water and management fees.
Laundry and Parking
Units have their own in-suite laundry, and most include an outdoor parking spot, some of which are ‘covered’ spots, under the building overhang.
Amenities at The Element Condos
This building is serviced by an elevator, is handicap accessible, and features security entrance doors. There is a bike-storage room as well as lockers assigned to the suites.
Location
Very central location, this condo is close to the Misericordia Hospital and in the West-Broadway area.
Prices
Recent sales show that 1 BR units were selling for the low 180K range, and the larger 2 BR units commanding a price in the $265K range. (MLS® stats)
If you’re in the market to buy a condo, whether at The Element Condos or anywhere else, please contact me anytime…. “Bo Knows Condos”
If you’re thinking of selling your condo, anywhere in the city, please contact me anytime.
Direct Cell 204-333-2202 or email me at [email protected]
And if you’re thinking of Buying an Investment Condo, here are 4 things you should know.
About the Publisher
Bo Kauffmann is a residential real estate agent with over 18 yrs experience in helping buyers and sellers achieve their goals. Inducted into the REMAX Hall of Fame in 2010 and receiving the REMAX Lifetime Achievement Award in 2019, Bo has sold over 500 houses and condos in the Greater Winnipeg market. He is an accredited buyer representative (A.B.R.) and a Luxury Home Marketing Specialist. Bo provides exceptional service to First-Time Home-Buyers, Seniors looking to downsize and Home Sellers of all ages. He can be reached easily By E-Mail or call/text him Call/Text HereNever miss an episode of our real estate podcast. Install our FREE Podcast App available on iOS and Android. For your Apple Devices, click here to install our iOS App. For your Android Devices, click here to install our Android App. Check my videos on Youtube
Belle Banguiyao
Location and price are two things to consider when looking for a place to stay. The location of this condominium is good.
Caha Thind
Are the condos called Element? Or is it just the name of the article? They do look pretty liveable if you asked me. Price decent too.
Maxwell Levin
I think I know this area, I use to pass this when I was on my way to the hospital there. The area is good, cool place to live in definitely.
Siya Sajni Shankar
44 condos? All around that area? That is quite a bunch, never expected that. Are they all the same pricing I wonder.
Dockers Dhane
Are this condominiums or just apartments? I am not sure they look very different in the first place. How to tell the prices then?
Tilottama Channan
I have always wanted to purchase some condo in this area. Didn’t know the area was filled with available ones. Thanks!
Kunalkumar Poobathy
Nice looking condos you have displayed there! I will surely inform my pals in that area to have a look if they have the time.
Marissa H. Marfil
I see no problem on this condominium except its price. The design and location is excellent.
Tyson Reyes
Location is very important in choosing a condominium and this condominium satisfies that condition. Hopefully, this will be bought soon.
Potchi Marfil
If only I have the money and I am living in Winnipeg, I might buy this beautiful condominium. Unfortunately, I’m not on both condition 🙁
Faith Marfil
This condominium is situated in a prime spot. It is near to a school and hospital, must be expensive I guess.
Miaka Yuuki
I do not know if the way of selling this place is the same where I am from. However if I have funds I will buy this.
Maury Cheskes
Looks like great affordable prices and a good area for various needs. I think the online quiz is an amazing way for buyers to find the ideal home. Thanks for the article!
Ray Ah Chubb
What a beautiful picture! I love the balcony as it reminds me on my old hi rise I’m Phoenix.
Joseph Richards
the condo’s look good and offer some great convenience but i would rather live somewhere a little away from town. love my trees and open yards
Maiane Humolbang
This condos are great. Only that I’m so far away from it.
Seta Gabrielle
The location is convenient since it’s close to a hospital and university. Architecture is simple, but the interior looks cozy.
Marlyn Humolbang Culunge
I want to live in condos near to great neighbourhood. These condos seems in great location.
Jiffy Rando
Element Condo’s What does that even mean? Is the structure earthquake proof or something? That would be cool.
Rain Santos-Ocampo
I like condominiums that are near the hospital and school as this makes life easier for a family. Built in 2013 but still looks great!
Tina Aryers
Sounds like a prime location. I will check this out!