Buying A Condo Archives | Winnipeg Real Estate Times- For Home Buyers & Sellers

buying a condo

Articles focusing on buying a condominium in Winnipeg.

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Winnipeg Condo Market Report

Winnipeg Condo Market Update – Fall 2021

📆 🏙 𝗠𝗼𝗻𝘁𝗵𝗹𝘆 𝗪𝗶𝗻𝗻𝗶𝗽𝗲𝗴 𝗖𝗼𝗻𝗱𝗼 𝗠𝗮𝗿𝗸𝗲𝘁 𝗥𝗲𝗽𝗼𝗿𝘁 🏢 🏠
Updated for this month, shows sales and listings stats for Winnipeg’s Condo Market
𝘎𝘰𝘰𝘥 𝘵𝘪𝘮𝘦 𝘵𝘰 𝘣𝘶𝘺?  𝘙𝘦𝘢𝘥 𝘛𝘩𝘪𝘴   👉🏻 👉🏼 👉🏽 

Copperstone Estates - Island Shore Blvd - Winnipeg Condo Community buying a house

Copperstone Estates – Island Shore Blvd – Winnipeg Condo Community

Spotlight on: Copperstone Estates Located in popular Island Lakes in the south end of Winnipeg, Copperstone Estates Condos offer the best of condo-living. It should be noted that with these types of units, owners are generally NOT permitted to store their boats, RV’s or snowmobile trailers on their front drives.

Sky Waterfront Condos in Winnipeg Exchange buying a house

Sky Waterfront Condos in Winnipeg Exchange

Spotlight on: Sky Waterfront Condos

Located along scenic Waterfront Dr. in Winnipeg, we find the this very special condo project. The Sky Waterfront Condos.  This modern, all concrete building offers many amenities along with its central location.  Close to the baseball park, the new Human Rights Museum and theatres, in the East Exchange District.

Year Built:  ca. 2009

Sky Waterfront Condos
www.janinanicolephotography.com

Total Condos:

Sky Waterfront Condos are made up of 112 condos in 1 building.  There are 2 sections to this building, one being 5 storeys tall, the other 7 storeys.  Totally connected, each section also has its own elevator.  Units range in size from 809 sq feet for a 1 BR plus den, to larger units of 1600 sq feet.  There is even a 2,000 sq ft unit as well.  Note, the 1 BR plus den could actually be called a 2-BR unit: even though the ‘den’ does not have a window, it is equipped with a sprinkler system.

Condo Restrictions:

Just the usual condo-restrictions, such as “No Laundry to be hung from the balcony” etc.  Pets are allowed, so long as they don’t pose a nuisance to other owners.  Owners are allowed to rent out their suites, however must put up a $1,000 leasing levy to assure that their tenants abide by all rules.

Property Taxes

Gross Property Taxes range between approx. $2900.00 per unit to $6000, depending on size.  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 $250 and $500 per month, which includes snow removal, property maintenance, water and management fees.  Owners pay for their own hydro, telephone, and cablevision.

sky waterfront condos
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Laundry and Parking

All units have their own insuite laundry, and most have an underground parking spot, although a few include an outdoor spot.

Amenities of Sky Waterfront Condos

Sky Waterfront Condos in Winnipeg Exchange buying a house

This building has some very nice amenities, including a spacious fitness room, a residents lounge with TV, kitchen and pool table, and a nice rooftop patio with gorgeous views of the river and downtown. Suites include central air and furnace.

[show_nearby_places place_id=’4′]

Location of Sky Waterfront

Very central location, right on Waterfront Dr, this condo is close to the theatre district, the ballpark, the Canadian Museum of Human Rights and much more.  You’ll find restaurants close by, in the Exchange District of Winnipeg.

Sky Waterfront Condos in Winnipeg Exchange buying a house

Prices

During the 2 yr period of 2016-17, condos at Chimney Ridge have sold for between $237,000 (for an 800 ft 1-BR) and $412,000 (for the 1555 multi-level unit) (MLS® stats)

If you’re in the market to buy a condo, whether at Sky I Waterfront 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]

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How To Use Keystone Matrix Search (Video) buying a house

How To Use Keystone Matrix Search (Video)


Tutorial on how to use the Keystone Matrix ® real estate search tool for home buyers (revised 2015)

Winnipeg Real Estate agents have a new tool to help people who are in the process of buying a home.  Keystone MATRIX ® is a search program which helps buyers FIND the house they want. It also keeps them informed on sales, price changes and eventually the SOLD price of a house or condo as well.

In this short, 7 minute tutorial, I will show you a few basics.  You learn how to get the most out of this excellent real estate search tool.  This is the new, revised version of Keystone Matrix®, new for 2015.

But remember, FINDING a house is the easy part. When it comes time to make an offer, being PREPARED and working with the right real estate agent is key. So if you are serious about buying a house or condo, please call me anytime and we’ll start with a short meeting to make sure that you are prepared.

REALTORS have access to an excellent new real estate search tool
Home buyers working with a REALTOR® can make use of the new Keystone Matrix system

This video is only one part of the help a home or condo buyer will receive.  It’s helpful to know all the real estate abbreviations that are being used.

Also, many professionals are available and involved in the home buying process, there to help the home buyer achieve his/her goal.

Bo 333-2202

 

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Featured Condo: Chimney Ridge Condos on Pembina Hwy. Winnipeg buying a house

Featured Condo: Chimney Ridge Condos on Pembina Hwy. Winnipeg


Condo Spotlight: Chimney Ridge Condos at 3040-3080 Pembina Hwy, Winnipeg

Located on the east side of the street, from 3040 to 3080 Pembina Hwy. we find the Chimney Ridge Condos.

Year Built:  ca. 1977

Total Condos:

Chimney Ridge Condos are made up of 98 condos in 5 separate buildings.  There are 2 distinct styles of units, each 1100 sq ft in size.  One type is the main floor, one-level unit, and the other type is a two-story unit which is actually located ABOVE the main floor condos.  This second type of condo requires the owner to walk up one flight of stairs to get to the living-room/dining-room/kitchen space, and then walk up a 2nd flight of stairs to get to the 2 bedrooms and bathroom.

Condo Restrictions:

Just the usual condo-restrictions, such as “No Laundry to be hung from the balcony” etc.  Pets are allowed, so long as they don’t pose a nuisance to other owners.

Property Taxes

Gross Property Taxes are currently at approx. $2115.00 per unit.  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 are $210 per month, which includes snow removal, property maintenance and management fees.  Owners pay for their own hydro, telephone, and water bills.

Laundry and Parking

All units have their own in-suite laundry, and units have one parking spot included.  At this time (Jan 2012) no additional parking spots were available for rent, although a neighbouring condo complex WAS renting out a few stalls to owners of Chimney Ridge Condominiums.

Amenities of Chimney Ridge Condominiums

This condominium is a bare-bones condo.  No pool, fitness room or other amenities, which helps to keep the condo fees nice and low.  Of special note is the fact that the main floor units feature a small yard, while the upper condos have a balcony.  All units have central furnace and c/air conditioners.

Location

Located right on a bus route of Pembina Hwy, and just south of the University of Manitoba, this condo complex has become very popular with students and property investors who are looking to purchase the units and rent them out.

Prices

During the 2 yr period of 2010-2011, condos at Chimney Ridge have sold for between $170,000 and $190,000  (MLS® stats).  Looking at sales in 2016, prices have remained fairly stable, with units selling btw $160K and $187K.

If you’re in the market to buy a condo, whether at Chimney Ridge Condominiums or anywhere else, please click on Condo Finder Form.  If you’re thinking of selling your condo, anywhere in the city, please go to my Free Market Evaluation Form.

 

 

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6 reasons to buy a condo in downtown Winnipeg buying a house

6 reasons to buy a condo in downtown Winnipeg


6 reasons to buy a Condo in downtown Winnipeg

Downtown Winnipeg might not be the first place you think of when  you are considering buying a condominium but there are some beautiful buildings and living options coming up.  From funky warehouse style condos to luxurious and spaces living space, downtown Winnipeg has it all.  And beside the fact that you can find a great place to live, downtown Winnipeg condo living is a lifestyle all of its own.

Here are 6 more reasons why you should consider buying a downtown Winnipeg condo:

Downtown Shopping!

The Portage Place mall has always been a place where you can shop for clothes, shoes, music, and more and it is still that way today.  The Portage Place mall has some great retail stores but you don’t have to stop there.  City Place has more shopping as does The Bay and they are both accessible through the connecting overpass walkways.  That means in the winter you don’t have to brave the cold!  The walkways downtown allow you to move around downtown through shopping areas, restaurants, businesses, and the library, too.  You can even get to Winnipeg’s one of a kind underground shopping area – Winnipeg Square.

Fabulous Restaurants!

Downtown Winnipeg has some of the most culturally diverse dining experiences of any area of the city.  You’ll find vegetarian restaurants like the Affinity Vegetarian Garden Restaurant and Mondragon Bookstore and Coffeehouse.  You can enjoy Chinese, Japanese, or Thai food, or you can choose more traditional fare.  The options are endless and they are all within walking distance when you live in a downtown Winnipeg condo.

Entertaining Theatres!

There are many theatres where you can enjoy a night of movies or plays.  If you want to see one of the newest releases The Towne theatre has many movies to choose from.  The Globe Theatre in Portage Place mall has more artsy types of movies as does Cinematheque.  The IMAX theatre lets you experience things in an even bigger way.  If live performances are more your thing you can enjoy a show at the Prairie Theatre Exchange or at the Manitoba Theatre Center.

The Forks!

The Forks is a great place to spend the day in the summer but in the winter the indoor stores and restaurants always provide a great shopping experience.  And don’t forget all the good food!

MTS Center!

 


There’s always something special going on at the MTS Center.  Don’t forget that this is where all the hockey games are going to be this year with our new NHL hockey team.  You can also enjoy concerts and other exciting events.

The Nightlife!

Downtown Winnipeg is the place you want to be if you love the night life.  There are bars and lounges scattered all over downtown Winnipeg and if you buy a downtown Winnipeg condo you’ll never have far to go to get home.



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