Condos Of Wellington Crescent - Winnipeg Luxury Condos

Tips, News & Advice For Home Buyers, Sellers And Owners 

Winnipeg 

Real Estate Times 

The Condos Of 

Inside: 

8 Stunning Luxury 

Condos of Winnipeg

The Condos of Wellington Cres. 

Welcome to this very interesting and 

unique publication. 

homeowners, whether houses or 

condos. 

Winnipeg has literally hundreds of condo 

buildings in dozens of different areas of the 

city. There are condos in Lindenwoods, 

Condos in Bridgewater, in Amber Trails and 

the Exchange District. But none are more 

iconic or prestigious than the Condos of 

Wellington Cr. 

The part of Wellington between river Rd 

and Academy Rd contains over a dozen 

different condo buildings, and this 

publication focuses on 8 of the better 

known and recognizable buildings located 

on the north side of the street, backing 

onto the Assiniboine River. 

Each building report includes the 

approximate values for suite sizes, taxes, 

condo fees and sale prices. Due to space 

limitation, the averages are often shown. 

For example, in the first building which is 

99 Wellington Cr, you will see that the 

suites come in 1, 2 and 3 br. 

configurations. 

But not all 1 bedroom units are the same. 

They range from 770 sq ft to 820 sq ft. 2 

BR units vary even more widely, from 1090 

to 1215 sq feet. 

The same goes for sale prices. You will see 

that 2 BR units ‘usually’ sell for $220K to 

$280k. Having said that, one unit sold for 

a low of $180,000, while another sold for 

$320,000. 

Regarding property taxes, the approx. 

GROSS TAX cost is reported. So if the 

listing shows a tax of $3,100 , this is the 

gross tax, meaning that if you are the 

owner and this is your primary residence, 

you would receive $700 off this amount. 

That is the provincial discount afforded all 

For parking, some condo projects offer 

both underground or outdoor. In 

nearly all cases, the individual condo 

units carry with them the parking 

assignments…..so that some units will 

include underground parking, and 

some will be surface parking. 

Naturally this value will be reflected in 

the resale price. 

In-suite laundry can be tricky. Some of 

the older buildings were building 

WITHOUT in-suite laundry, but some 

subsequent unit owners received 

permission to add their own. This 

practice was largely stopped, as the 

power-draw of so many in-suite dryer 

units exceeded the buildings capacity 

to supply the electricity. Again, we 

would need to take a look at each unit 

as it comes up for sale. 

Please enjoy this overview of the 

Condos of Wellington Cr. It is not 

exhaustive or anywhere near complete, 

but offers an interesting look at some 

of the more iconic buildings you may 

have seen, driven by and wondered 

about, in the past. 

If you’re thinking of buying or selling, a 

condo in Winnipeg, whether on 

Wellington Cr or any other part of the 

city, call me to assist…. Remember… 

Bo Knows Condos too! 

3 of 30

99 Wellington Cr - The Edinburgh 

The Condos of Wellington Cres.

365Wellington Cr - The Cedars 


The Wellington Cres. Neighbourhood 

Wellington Crescent - Winnipeg 

Luxury Neighbourhood 

Beautiful, luxury home. Easy access to 

anywhere in the city. River-front view. 

Trees, walking paths and green areas. If all 

of this describes your dream home, then a 

condo on Winnipeg’s Wellington Crescent 

is exactly what you need. 

Perfect for established couples or families 

with children, a luxury condo along 

Wellington Crescent offers large suites with 

some of the best views in the city. 

Wellington Crescent begins at the 

outermost east section of Assiniboine Park, 

and winds alongside the Assiniboine River 

all the way to the west side of Osborne 

Village. 

To the north, there’s a fantastic view of the 

river, and to the south you can find 

residential areas before reaching the shops 

on Grosvenor and Corydon. Famed for 

being a lovely bike route (closed to cars on 

Sundays and holidays), Wellington 

Crescent is a street that Winnipeggers will 

purposely come to simply to admire the 

view and enjoy the peaceful, relaxing 

atmosphere of the neighbourhood. 

Wellington Crescent Condos 

Condos along Wellington Crescent have the 

best of both worlds: they combine a 

luxurious life with the convenience of living 

close to the downtown. In the summer, 

enjoy leisurely walks and bike rides along 

the wide roads and nearby parks; in the 

winter, grab your skates and walk the 30 

seconds to Assiniboine River to join other 

Winnipeggers on the river trail. 

Stores and shops aren’t too far away, 

either. Between Osborne Village, West 

Broadway and Corydon Avenue, it’s easy 

to walk or drive to any of the nearby 

stores, restaurants and boutiques. From 

Safeway to Vita Health to Charisma to Out 

of the Blue to Silver Lotus and many 

others, you can find a store to meet all 

your needs depending on which of the 

nearby neighbourhoods you visit. 

Since Wellington Crescent is adjacent to 

so many bustling neighbourhoods, there 

are also buses to catch at any time of the 

day. Take any of routes 62, 68, 70 or 95 

to get where you need to be around 

Winnipeg. 

Schools are abundant in this area of 

Winnipeg: Winnipeg Technical College for 

secondary and post-secondary students 

(609 Erin Street), Westgate Mennonite 

Collegiate for grades seven to 12 with an 

emphasis on Christian Studies (86 West 

Gate), Herzing College that offers marketdriven 

programs (723 Portage Avenue), 

Balmoral Hall School for girls from nursery 

level to grade 12 (630 Westminster 

Avenue), the Collegiate at the University 

of Winnipeg which prepares students 

grades nine to 12 for university and 

lifelong learning, and the University of 

Winnipeg for undergraduate and graduate 

programs (both at 515 Portage Avenue) 

are all just a few km away from many 

Wellington Crescent condos. 

Luxury condos on Wellington Crescent 

are like no other; the neighbourhood 

retains grandness with its delightful mix 

of residential with natural green space 

and commercial businesses, making it one 

of the hottest places to live in Winnipeg.

323 Wellington Cr - Hampton Green 


255 Wellington Crescent 


17 of 30

221 Wellington Cr - Halter East 


141 Wellington Cr - River Parke 


Putting Condo Fees Into 

Prospective home owners sometimes use 

the subject of condo fees to justify their 

preference of a house over a condo. The 

argument is: "If I buy a house, I can save 

the condo fees." This reasoning is not 

entirely accurate, since it assumes that 

house-ownership is completely without 

cost. 

Water, Home Insurance, and 

Heating Costs 

1. Water: Virtually all condo fees 

already include water and hot water. 

2. Home insurance: Property is 

also going to be substantially more in a 

house, since the condo building is already 

insured, and the condo-buyer only has to 

purchase condo insurance. 

3. Heating costs for an apartment 

or townhouse style unit are also going to 

be substantially less than the heating 

costs for a stand-alone house in the 

$200K range. 

(I point out the price range, since MOST 

200K houses will likely have either old 

furnaces, old windows, poor insulation, 

etc.) 

All the while, the condo-fees already 

include this savings fund: its called the 

Condo Reserve Fund. 

So lets take a look at the various savings 

in the chart below. 

In the first column, we have the costs of 

house-ownership. 

The middle column shows that some of 

those items are already included, while 

the rest are substantially lower. 

The column on the right hand side shows 

the actual savings enjoyed by the Condo- 

Owner. 

$215 per month LESS for the 

Condo 

So in this example, the operating costs of 

a condo are actually about $215 per 

month LESS than the house, if you include 

the 'emergency fund' savings plan for the 

house. 

So now, take the $215 off the condo fee 

of $275, and the actual additional costs 

Emergency Fund 

Home owners (especially buyers of older 

buildings) are well advised to start an 

emergency fund for things that go wrong. 

For example, a new roof ($5000), new 

furnace ($4000), hot-water tank ($800), 

windows and doors ($15,000) can put a 

real dent into your savings. 

So putting aside a small amount each 

month, the house-owner could save 

enough money to pay for those things.

Perspective 

(over and above a house-ownership) are 

only $60 per month. For that money, the 

condo owner gets professional 

management, landscaping and snowclearing, 

and often the use of amenities 

such as workout room, swimming pool, 

etc. 

It's about life-style 

Condo ownership is about the life-style. 

If you travel a lot, or are too busy for 

yard work, or any number of other 

reasons, then condo-ownership may be 

for you. 

It should be pointed out that, even in a 

condo, it's prudent to have some extra 

money set aside, in case the Reserve 

Fund is not large enough to tackle any 

major project or renovation. When that 

happens, the condo owner will face a 

'Special Assessment', a sudden bill he 

will have to pay. But there again, thats 

really not much different from having to 

buy a new furnace or other major 

unexpected repair. 

Orignal article at https:// 

blog.winnipeghomefinder.com/ 

features-luxury-home-buyers-love/

229 Wellington Cr - The Edgewater 


1 Wellington Crescent 


Copyright 2021 - Bo Kauffmann 

Re/Max Performance Realty, 942 St Mary’s Rd. Winnipeg MB R2M 3R5

Condos Of Wellington Crescent - Winnipeg Luxury Condos

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