2 Grey Oaks Cove

Assiniboia Downs, Winnipeg

Property score

84.7

Excellent

Overall 84.7 · Smaller than most nearby homes

1,634 sqft (bottom 3%) · Built in 2009

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

Transit 40.0 · 16-min walk to transit with 1 nearby route · Within 500m: 1 park, and 1 place of worship nearby

Living Area

Below average

26% smaller than neighborhood avg.

Year Built

Near average

0 yrs newer 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

84.7 is composed by the two sections below.

Property Score

87.4Excellent
Living Area83
1,634 sqftExcellent
Year Built90
2009Excellent
Lot Size100
15,074 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

above average
1,634 sqft
0255075100
Same streetBottom 8%Same areaBottom 3%CitywideTop 24%
Same street · Grey Oaks Cove
#11 / 12
Bottom 8% · Avg 1,914 sqft
Same area · Assiniboia Downs
#117 / 121
Bottom 3% · Avg 2,212 sqft
Citywide · Winnipeg
#46,011 / 194,458
Top 24% · Avg 1,342 sqft

Tax-Assessed Value

Elite
677k
0255075100
Same streetBottom 8%Same areaBottom 12%CitywideTop 4%
Same street · Grey Oaks Cove
#11 / 12
Bottom 8% · Avg 729.2k
Same area · Assiniboia Downs
#107 / 121
Bottom 12% · Avg 898.9k
Citywide · Winnipeg
#8,695 / 194,458
Top 4% · Avg 390.1k

Year Built

above average
2009
0255075100
Same streetBottom 33%Same areaTop 37%CitywideTop 12%

Lot Size

Elite
15,074 sqft
0255075100
Same streetTop 42%Same areaBottom 49%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

2 Grey Oaks Cove — 2 amenities found within 500 m, across 2 categories, including 1 parks (nearest 451 m).

Search radius
🌳Parks1
Worship1

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 10/2020CA$600k–650k
Sold price

Same street

Bottom 25%

Same area

Bottom 12%

City-wide

Top 7%

Related homes

Highlights & common questions: 2 Grey Oaks Cove, Winnipeg

Property Overview & Key Characteristics

This bi-level home at 2 Grey Oaks Cove is a modern property built in 2009, offering a practical and spacious layout on a significantly large lot. Its key appeal lies in the combination of a newer build, a renovated basement, and an exceptionally generous land area of over 15,000 sqft—a rarity that places it in the top 2% of Winnipeg for lot size. The living space of 1,634 sqft is comfortably above average for the immediate street and neighbourhood.

The home would suit buyers looking for a move-in-ready property from the 2000s era who prioritize outdoor space and potential over a sprawling interior. It’s an ideal fit for a growing family seeking a sizable yard in a quiet cul-de-sac setting, or for someone who values the low maintenance of a newer home but doesn’t want to compromise on land. A thoughtful perspective is that the large lot, while a premium feature, also represents future potential—whether for gardening, recreation, or expansion—in a city where such sizable parcels are increasingly uncommon in newer subdivisions.


Frequently Asked Questions

1. How does the lot size compare to typical properties?
The 15,074 sqft lot is a standout feature, ranking in the top 2% of all properties in Winnipeg for size. It is substantially larger than most lots found in newer neighbourhoods.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specific details on the finish, rooms, or permits should be verified with the listing agent or during a viewing.

3. Is the assessed value an accurate reflection of the likely selling price?
Not necessarily. The assessed value of $67.7k is for municipal tax purposes. The home last sold for $61.3k in 2020, and current market value will be influenced by present market conditions, the home’s updated state, and its unique lot size.

4. How does the living space compare to nearby homes?
At 1,634 sqft, the living area is larger than 92% of homes on the same street and is above the neighbourhood average, offering more interior space than many direct local comparisons.

5. The home is newer (2009), but how does it rank for age in the area?
Built in 2009, it is newer than about two-thirds of the homes on its street and in the broader neighbourhood, offering modern construction in an area with many homes from the 1960s and 1970s.