2 Grand Oaks Cove

Assiniboia Downs, Winnipeg

Property score

86.9

Excellent

Overall 86.9 · Smaller than most nearby homes

1,814 sqft (bottom 19%) · Built in 2008 (1 yr older than avg)

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

Transit 40.0 · 13-min walk to transit with 1 nearby route

Living Area

Below average

18% smaller 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

86.9 is composed by the two sections below.

Property Score

91.0Excellent
Living Area1,814 sqft89Excellent
Year Built200890Excellent
Lot Size15,009 sqft100Excellent
Neighbourhood Sales Activity92Excellent

Community Score

80.7Excellent
Household Income88Excellent
Education Level54Fair
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health76Good

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

above average
1,814 sqft
0255075100
Same streetBottom 1%Same areaBottom 19%CitywideTop 17%
Same street · Grand Oaks Cove
#9 / 9
Bottom 1% · Avg 2,206 sqft
Same area · Assiniboia Downs
#98 / 121
Bottom 19% · Avg 2,212 sqft
Citywide · Winnipeg
#32,495 / 194,458
Top 17% · Avg 1,342 sqft

Tax-Assessed Value

Elite
740k
0255075100
Same streetBottom 22%Same areaBottom 31%CitywideTop 3%
Same street · Grand Oaks Cove
#7 / 9
Bottom 22% · Avg 870.2k
Same area · Assiniboia Downs
#84 / 121
Bottom 31% · Avg 898.9k
Citywide · Winnipeg
#5,954 / 194,458
Top 3% · Avg 390.1k

Year Built

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

Lot Size

Elite
15,009 sqft
0255075100
Same streetBottom 22%Same areaBottom 47%CitywideTop 2%

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

Search radius
No data within 500 m.

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 5/2016CA$650k–700k
Sold price

Same street

Bottom 1%

Same area

Bottom 17%

City-wide

Top 4%

Related homes

Highlights & common questions: 2 Grand Oaks Cove, Winnipeg

Property Overview: 2 Grand Oaks Cove

Key Characteristics, Appeal & Ideal Buyer

This is a spacious, well-established family home in Assiniboia Downs, built in 2008. Its defining characteristic is the generous 15,009 sqft lot, placing it in the top 2% of all properties in Winnipeg for land area. This exceptional outdoor space, coupled with a renovated basement and a private pool, creates a premium backyard oasis rarely found. The home itself is a practical one-storey layout with 1,814 sqft of living space and an attached garage.

The appeal lies in the unique combination of a modern, move-in ready home (with recent basement renovations) and a massive, private yard perfect for recreation, gardening, or future expansion. Its assessed value of $740k ranks it highly within the city, suggesting a solid, premium property in the area. While the living area is average for the neighbourhood, the lot size is the standout feature.

This property would best suit a family or household that prioritizes outdoor living and private space over a massive interior footprint. It’s ideal for those who entertain, want a pool, or desire room for children and pets to play. It also appeals to buyers looking for a home with recent updates in a mature, established neighbourhood, who value the potential that such a large lot holds for the long term.

Frequently Asked Questions

Q: How does the lot size compare to typical properties?
A: The lot is exceptionally large. At over 15,000 sqft, it is larger than 98% of all residential properties in Winnipeg, offering a rare degree of privacy and space.

Q: The home sold in 2016. What does that history indicate?
A: The 2016 sale price provides a long-term value reference point. The current assessed value suggests significant appreciation over eight years, reflecting both market trends and the enduring value of large-lot properties.

Q: Is the living space sufficient for the property's scale?
A: The 1,814 sqft living area is average for the neighbourhood. The value proposition here leans heavily toward the exceptional outdoor space and renovated basement. Buyers should consider if the interior layout meets their needs, as the lot offers potential for future expansion if desired.

Q: How does the property rank within its immediate street and area?
A: It's a mix. It has the largest lot on its street but is also the most recently sold home there. In the broader neighbourhood, it ranks in the top half for lot size and assessed value, indicating it's a above-average property in the area.

Q: What is the neighbourhood character like?
A: Located in Assiniboia Downs, it's a mature, established area. The listing of nearby and similar-value properties shows a consistent streetscape of single-family homes on generous lots, suggesting a stable, residential community.

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