Located on Royal Mint Dr. in Southland Park, you can find the Lake Park Estates Condominiums. A set of 16 condos in 8 buildings, built by Randall Homes, these are 2-storey side-by-side units.
Year Built: Â ca. 2004
Total Condos:
Built by Randall Homes in 2004, the condo project is comprised of 8 buildings, each containing 2 condos (side-by-side). Each unit is 1753 sq feet (top 2 levels), plus the basement. Units feature 3 BR’s, 2.5 baths (plus any additionals bedrooms or baths added in the basement). Units feature double attached garages, large front drives and east-facing decks, looking towards the man-made lake.
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. As is common with these types of condos, the building of fences and outbuildings, such as tool sheds, is NOT permitted.
Property Taxes
Gross Property Taxes are currently at $4,700 per year. Â 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 currently at $275.00 per month. This includes professional management, snow clearing, grass cutting and contribution to a common reserve fund.
Laundry and Parking
All units have their own insuite laundry room, and attached double garages. Added parking is on the driveways.
Amenities
There is no common elements room, fitness room or anything of the type. This project backs onto a park, and has view of a lake beyond that.
During the 2 yr period of 2018-2019, condos at Lake Park Estates have sold for bet. $365,000 and $410,000 approximately  (MLS® stats)
If you are looking for a condo in Winnipeg, whether an apartment, townhouse or stand-alone units, call Bo Kauffmann at 204-333-2202
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 Here Our Latest Web-Stories
Never 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
Winnipeg Exchange District features the completely renovated building at 110 James Ave, District 110 Condominiums. Updated in 2014 by Streetside Developments, this historic building features 19 condos, from bachelor units to large 2 BR condos. Close to museums, theatres and concert hall.
How To hire a Real Estate Agent for buying a home in Winnipeg. Tips on selecting the right Buyers Agent to help you find, negotiate for, and buy a house or condo in Winnipeg. Sellers have their own agent, called a Listing Agent, so buyers should also be working with their own Buyer Agent.
No matter what kind of market you are in, here are some basic but important top tips for first time buyers. Houses or condos, follow these tips to help you in your house buying process.
A friend of mine had called me some time ago, and asked me to give him a Market Evaluation on his investment property in #Winnipeg. Â Turns out he had purchased a small condo about a year before, and had done so ‘privately’, without the use of a real estate agent, a decision he now regretted for several reasons. Â As we were talking about his investment property , my mind went over the top features any investor should be looking for when purchasing a condominium.
Location, Location, Location
You’ve heard this before. Â The top three most important things in #realestate are….well, you know. Â Its no different when purchasing an investment #condo, or a condo for your own personal use. Â Will it be easy to resell, or does the location hamper your re-sale efforts? Â If you’re going to rent it out, is the condo located near public transportation routes? Â Is the neighbourhood safe? Â Many factors come into play.
Parking, especially in central locations such as downtown, is always at a premium. Â Even if you are lucky enough to rent out your investment property to someone who does not drive their own vehicle, reselling a condo without its own parking spot is more difficult.
Balcony
With several apartment-to-condo conversions underway, it’s easy to forget that a balcony is still one of the most important features requested by buyers. Â Without a spot to sit outside, perhaps read a book in the fresh air or throw some beef on the ‘que, owners and renters will feel trapped inside their condo. Â Make sure your investment condo has a balcony or, if located on the main floor, it has a patio space.
In-Suite Laundry
Less important with single men, but in-suite laundry is almost ‘vital’ to female condo buyers and renters.  Having a secure place to do your own laundry is, at the very least, a ‘nice to have’ feature. Sometimes, a condo which has no in-suite laundry is at least able to add this feature later on, so you may want to check into this possibility.
The above 4 features are perhaps the most important ones to consider. Â Depending on your price range, you may want to consider several more:
Bonus: Concrete Building
Usually a little more expensive, but well worth the price. Â Quieter, more solid and stable, an investment property with concrete floors and walls will also make for easier resale.
Bonus: Central Air
Central air conditioning and heating is another nice-to-have feature, making the condo more comfortable and easier to rent out.
Bonus: Secure Parking
Especially with our winter climate, having underground or indoor parking is an often-requested feature, albeit at a price premium
Back to my friend: Â His private purchase ended up being a very poor deal, as his investment condo had NONE of these features. Â Located in a rough part of town, no parking spot, no balcony, no in-suite laundry and on the 3rd floor with no elevator will make this a very tough sale, even in a hot market.
Moral of the story: If you’re going to invest some serious money into real estate, call a real estate agent BEFORE you plunk down the cash. Â I would much rather guide you in the right direction, than try to help correct a mistake already made.
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 Here Our Latest Web-Stories
Never 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
Improving curb appeal by upgrading your garage door may help sell your home faster. Here are a number of benefits to modernizing your garage door, including…
If your dream is to live in a neighbourhood where you have lots of greenery, open space and an incredible ecosystem, then the right place to choose would be Royalwood in Winnipeg neighbourhood. Being a great Prairies neighbourhood and the largest city in Manitoba, Winnipeg is obviously choice for families looking to settle down in a comfortable and safe place.
Technology is helping the home buyer in their search. Here is a list of home buying apps for home buyers in Winnipeg, available for Android and iOs phones.
To provide the best experiences, we and our partners use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us and our partners to process personal data such as browsing behavior or unique IDs on this site and show (non-) personalized ads. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Click below to consent to the above or make granular choices. Your choices will be applied to this site only. You can change your settings at any time, including withdrawing your consent, by using the toggles on the Cookie Policy, or by clicking on the manage consent button at the bottom of the screen.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
