22 Grand Oaks Cove

Assiniboia Downs, Winnipeg

Property score

89.4

Excellent

Overall 89.4 · Newer than most nearby homes

2,203 sqft (top 40%) · Built in 2010 (1 yr newer 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

Near average

0% smaller than neighborhood avg.

Year Built

Above average

1 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

89.4 is composed by the two sections below.

Property Score

95.2Excellent
Living Area96
2,203 sqftExcellent
Year Built90
2010Excellent
Lot Size100
18,281 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
2,203 sqft
0255075100
Same streetTop 44%Same areaTop 40%CitywideTop 7%
Same street · Grand Oaks Cove
#4 / 9
Top 44% · Avg 2,206 sqft
Same area · Assiniboia Downs
#48 / 121
Top 40% · Avg 2,212 sqft
Citywide · Winnipeg
#12,708 / 194,458
Top 7% · Avg 1,342 sqft

Tax-Assessed Value

Elite
907k
0255075100
Same streetTop 44%Same areaTop 31%CitywideTop 1%
Same street · Grand Oaks Cove
#4 / 9
Top 44% · Avg 870.2k
Same area · Assiniboia Downs
#38 / 121
Top 31% · Avg 898.9k
Citywide · Winnipeg
#2,834 / 194,458
Top 1% · Avg 390.1k

Year Built

above average
2010
0255075100
Same streetTop 11%Same areaTop 10%CitywideTop 11%

Lot Size

Elite
18,281 sqft
0255075100
Same streetTop 33%Same areaTop 30%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

22 Grand Oaks Cove — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 426 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 7/2019CA$800k–850k
Sold price

Same street

Bottom 20%

Same area

Top 50%

City-wide

Top 2%

Related homes

Highlights & common questions: 22 Grand Oaks Cove, Winnipeg

Property Overview & Key Characteristics

This single-storey home in Assiniboia Downs is defined by its exceptionally large, private lot—over 18,000 square feet—which is its most standout feature. Built in 2010, the property offers modern construction fundamentals combined with a rare amount of outdoor space for the area. The living area is a comfortable 2,203 sqft with an attached garage and a basement (not renovated). Its appeal lies in this unique balance: a relatively contemporary home without the premium of a brand-new build, situated on a land parcel that ranks in the top 2% for size across Winnipeg. This creates significant potential for privacy, gardening, expansion, or simply enjoying expansive green space.

The home would suit buyers prioritizing land size over a move-in-ready, fully finished property. It’s ideal for someone seeking a blank-canvas backyard for pools, sports courts, or extensive landscaping, or for those who value long-term privacy that newer subdivisions often lack. The unrenovated basement presents an opportunity for customization. Given the stats, it also appeals to value-focused buyers looking for a property with a high assessed value relative to its last sold price, suggesting potential equity.


Frequently Asked Questions

1. What does the "top X%" ranking mean for the lot size?
It means this property's lot is larger than 98% of all residential lots in Winnipeg, placing it in the top 2% for size. This is an unusually large parcel, especially for a home built in 2010.

2. The basement is noted as "not renovated." What condition is it in?
The listing specifies it is unfinished. This means it is likely a blank, usable space with bare walls, concrete floors, and open ceilings, awaiting customization to the buyer's needs and budget.

3. How does the assessed value compare to the last sale price?
The home was last sold in 2019 for $830k and is currently assessed at $907k. While assessments are for tax purposes and not market value, this notable increase suggests significant appreciation in the property's official valuation over five years.

4. Is the large lot mostly usable, or does it include a ravine or environmental buffer?
The listing does not specify terrain details. A lot of this size in Winnipeg could be fully usable yard, or it may include a vegetated buffer. This is a key point for a viewing to understand the actual usable space and any maintenance considerations.

5. The home is newer (2010), but how does it compare to the neighbourhood?
Built in 2010, this home is newer than 87% of homes in Winnipeg. However, in its immediate neighbourhood, it ranks in the top 42% for age, meaning there are many newer homes nearby, particularly from the 2000s and 2010s. It sits in a mixed-age area, not as an outlier.