18 Grand Oaks Cove

Assiniboia Downs, Winnipeg

Property score

90.8

Excellent

Overall 90.8 · Larger than most nearby homes

3,154 sqft (top 7%) · Built in 2008 (1 yr older than avg)

Located in a high-income area with median household income of ~109k

Transit 40.0 · 14-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby

Living Area

Above average

43% larger than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 85%French · 2%

Past 10 years Assiniboia Downs sales snapshot (~80% of all data)

Sold Count

52

Median price

940k

$/sqft

$470/sqft

Avg build year

2009

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Property score

90.8 is composed by the two sections below.

Property Score

97.6Excellent
Living Area100
3,154 sqftExcellent
Year Built90
2008Excellent
Lot Size100
25,673 sqftExcellent
Neighbourhood Sales Activity92
Excellent

Community Score

80.7Excellent
Household Income88
Excellent
Education Level54
Fair
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health76
Good

Neighbourhood Sales

Assiniboia Downs

How to read: Share of sales in each ~$50k price band for “assiniboia downs” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111093

Community deep dive

$109K

Median household income

$147K

Average household income

5%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.0

P90 / P10 ratio

23%

Single-person households

28%

Families with children

Population, labour & age

Population (2021)1,236
Labour force participation rate70%
Median age46.4
Avg household size2.4
Unemployment rate8%
Population density245 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households23%
Couple families with children28%
Median household income (2020)$109K

Housing

Renter households5%
Condominium dwellings48%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority13%
Bachelor's or higher (25–64)29%
Mother tongue (1st)English · 85%
Mother tongue (2nd)French · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
3,154 sqft
0255075100
Same streetTop 11%Same areaTop 7%CitywideTop 1%
Same street · Grand Oaks Cove
#1 / 9
Top 11% · Avg 2,206 sqft
Same area · Assiniboia Downs
#8 / 121
Top 7% · Avg 2,212 sqft
Citywide · Winnipeg
#1,562 / 194,458
Top 1% · Avg 1,342 sqft

Tax-Assessed Value

Elite
985k
0255075100
Same streetTop 22%Same areaTop 21%CitywideTop 1%
Same street · Grand Oaks Cove
#2 / 9
Top 22% · Avg 870.2k
Same area · Assiniboia Downs
#25 / 121
Top 21% · Avg 898.9k
Citywide · Winnipeg
#2,125 / 194,458
Top 1% · Avg 390.1k

Year Built

above average
2008
0255075100
Same streetTop 33%Same areaBottom 44%CitywideTop 13%

Lot Size

Elite
25,673 sqft
0255075100
Same streetTop 11%Same areaTop 10%CitywideTop 1%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

18 Grand Oaks Cove — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 419 m).

Search radius
🌳Parks2

Crime & Safety

Assiniboia Downs · WPS public data · 2026

Annual incidents

8

2026

vs. city avg

-73%

relative to avg

Year-over-year

-88%

vs. prior year

Primary type

Property

75%

Sales History

Sold 8/2022CA$1.25M–1.3M
Sold price

Same street

Top 20%

Same area

Top 8%

City-wide

Top 1%
Sold 10/2019CA$1.05M–1.1M
Sold price

Same street

Top 40%

Same area

Top 17%

City-wide

Top 1%

Related homes

Highlights & common questions: 18 Grand Oaks Cove, Winnipeg

Property Overview

This two-storey home on a large, private lot in Assiniboia Downs presents a rare combination of space, recreation, and established prestige. Built in 2008, it offers modern construction within a mature, sought-after neighbourhood. The key appeal lies in its exceptional privacy and resort-style amenities, notably the in-ground pool and over half an acre of land—a rarity within Winnipeg that ranks in the top 1% of the city for lot size. With a renovated basement, attached garage, and over 3,150 sqft of living space, it is designed for both expansive family living and sophisticated entertaining. Its consistent ranking in the top tier of its street, neighbourhood, and city for value and size underscores its standout status.

This property is ideally suited for buyers seeking a turnkey family compound where outdoor living is a priority, or for those who value a high degree of seclusion without sacrificing proximity to city amenities. It would also resonate with value-conscious purchasers who recognize the long-term worth of owning one of the largest and most distinctive lots in the area, a feature that is increasingly difficult to find.

Frequently Asked Questions

1. How does the lot size compare to a typical city property?
At 25,673 sqft (over half an acre), this lot is exceptionally large. For context, it ranks in the top 1% of all residential properties in Winnipeg for land area, offering a level of privacy and outdoor space that is uncommon.

2. The home was last sold in 2022. What does the price history indicate?
The sold price in August 2022 was $1,127,500. Prior to that, it sold for $1,050,000 in October 2019. This history suggests a stable and strong market value in the prestigious segment, with a steady upward trajectory over that period.

3. Is the pool a major factor in the property's value and upkeep?
Yes, the in-ground pool is a significant recreational feature that enhances the luxury, resort-like appeal. Prospective buyers should factor in the ongoing maintenance, seasonal opening/closing costs, and insurance considerations that accompany a private pool.

4. The assessed value is notably lower than the last sale price. Why is that?
Municipal assessed value for tax purposes is not intended to reflect current market value. It is often calculated using mass appraisal techniques and can lag behind rapid market shifts. The recent sale price is a more accurate indicator of the home's market worth.

5. What is the neighbourhood character, given the mix of older and newer homes nearby?
The reference properties show a range of home ages and sizes in surrounding areas, but this specific street and cul-de-sac setting feature larger, more contemporary homes. This suggests a premium pocket within the broader area, offering a cohesive and established feel of luxury family living.