Housing for Relocating Medical Professionals

Are you relocating to Winnipeg for a residence program, fellowship, or to take a position in one of the many faculties of medicine at the University of Manitoba? If so, you have come to the right place! I specialize in helping medical professionals make their move to Winnipeg as stress free as possible by helping them with all of their real estate needs - buying and/or renting. Here you will find answers to commonly asked questions, tips on how to make the most out of Winnipeg, and a host of other information you may find useful. 

FAQ

Q - Is it better to rent or to buy in Winnipeg?

A - If you are staying in Winnipeg for 2 years or longer I would recommend buying a property if you have the means to finance a down payment. If you look at a typical 4 year residency program and add up the cost of rent you can expect to spend around $1,200 - $1,700 a month for a place in safe, desirable area, which works out to $60,000 - $80,000 over the course of your residency program. Instead of paying someone else's mortgage, you could build up some equity in your home and potentially end residency with a nice profit if you need to sell. If you are not familiar with the City of Winnipeg, you may want to rent for the first couple months to a year to figure out what areas you like the best, then purchase when you know where you want to be.

Q - What areas should I live in?

A - The most popular areas for people working at Winnipeg hospitals are River Heights, St. Vital, St. Boniface, Crescentwood, Osborne Village, Tuxedo, Linden Woods, Fort Garry, Wolseley, Downtown, The Exchange District  - some within walking distance to a hospital, others up to a 25 minute drive.

Click on the following links for information on each of these neighbourhoods:

I would also be more than happy to give you a personally guided tour of the city prior to making your big move to Winnipeg. Many find it helpful to make a quick trip here to check out what different areas have to offer before starting their housing search. 

Q - Would you recommend a house or a condo?

A - Depending on what type of program you are in, you may or may not have the time required to look after a house. If you are moving here alone and aren't fimilar with the work and time necessary to maintain a home you are likely better suited to live in a condo or apartment where a management company will look after most things for you (snow removal, landscaping, meter readings etc.) If you are coming with a partner, spouse and family, you will have extra hands to help with the upkeep of a home and will also probably need the space and yard that a house will provide. 

Q - What do I need financially if I want to purchase a home?

A - The minimum down payment in Canada is 5% of the purchase price of a home. In addition to that you will need approximately 2-2.5% to cover closing costs, which includes land transfer tax, lawyer fees, title insurance, registration fees, etc.

Q - I don't have saved up money for a down payment and closing costs. Can I still buy a property?

A - Yes. A lot of residents use their student line of credit to finance the purchase of a home or condo

Q - Can you recommend hotspots in Winnipeg that I should visit?

A - There are many attractions in Winnipeg like The Forks, The Museum of Human Rights, Winnipeg Art Gallery, Assiniboine Park, Assiniboine Zoo, MTS Centre (home of the Winnipeg Jets), Lower Fort Garry, Fort Whyte Alive, Thermea, Manitoba Museum. Also read about the Top 150 Things to Do in Manitoba in 2017.

Q - What are the best restaurants?

A - Deer & Almond, Segovia, Infernos Bistro, Deseo, Enoteca, Marion Street Eatery, Pizzeria Gusto, Prairie 360, Smith, Vera Pizza, Black Rabbit Bistro, Rudy's Eat and Drink, Wasabi, just to name a few.

Q - What are some good hotels to stay at?

A - Alt Hotel, Fort Garry Hotel, The Fairmont, Inn at The Forks, Holiday Inn Winnipeg Airport, Clarion Hotel Winnipeg

Q - Can you recommend lawyers, mortgage brokers, banks, rental agencies, home inspectors, etc?

A - Yes! Please contact me for specific contact information. 



 


 

Justin Pokrant

Justin Pokrant

REALTOR®
CENTURY 21 Bachman & Associates
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181 Bannatyne Avenue 204, Winnipeg, MB R3B 0R4
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761 living area
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