Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Edmonton Street): Around Average. Ranked #39 out of 168 (Top 23%). The street average for comparable homes is 743 sqft.
Neighborhood Level (Broadway-Assiniboine): Below Average. Ranked #243 out of 458 (Bottom 47%). The neighborhood average for comparable homes is 818 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #20,147 out of 26,841 (Bottom 25%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Edmonton Street): Above Average. Ranked #11 out of 168 (Top 7%). The street average for comparable homes is 147.5k.
Neighborhood Level (Broadway-Assiniboine): Around Average. Ranked #157 out of 458 (Top 34%). The neighborhood average for comparable homes is 214.0k.
Citywide Level (Winnipeg): Below Average. Ranked #21,491 out of 26,841 (Bottom 20%). The citywide average for comparable homes is 276.9k.
Street Level (Edmonton Street): Above Average. Ranked #1 out of 168 (Top 1%). The street average for comparable homes is 1986.
Neighborhood Level (Broadway-Assiniboine): Above Average. Ranked #92 out of 458 (Top 20%). The neighborhood average for comparable homes is 1983.
Citywide Level (Winnipeg): Below Average. Ranked #14,556 out of 26,841 (Bottom 46%). The citywide average for comparable homes is 1990.
Broadway-Assiniboine market pulse
How to read: Share of sales in each ~$50k price band for “broadway-assiniboine” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
- Exact sold prices
- Detailed market analysis
- PDF report download
- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
1006-77 Edmonton Street — 48 amenities found within 500 m, across 8 categories, including 22 dining (nearest 31 m), 1 education (nearest 480 m), 1 healthcare (nearest 319 m).
Crime & safety
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
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Similar assessed value
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Is this home right for you?
Property Overview
This 828 sqft condominium, located at 1006-77 Edmonton Street in Winnipeg's Broadway-Assiniboine neighbourhood, presents a highly affordable entry point into the downtown-adjacent market. Built in 1986, its key appeal lies in its very low financial barrier, evidenced by a recent sale price of $15,500 and a modest assessed value. The unit ranks highly for its newness compared to other buildings on its street, suggesting a relatively well-maintained building among peers. It suits first-time buyers, investors seeking a low-cost rental property, or downsizers prioritizing minimal overhead and location over square footage. A thoughtful perspective is that this unit represents a "value hold" in a central area—while not luxurious, it offers stability and accessibility, allowing owners to build equity with very low carrying costs while benefiting from the neighbourhood's established amenities and transit links.
Potential Buyer FAQs
1. What are the monthly condo fees, and what do they cover?
This is the most critical question, as the fees directly impact affordability and value. The listing does not include this information, so a buyer must obtain a current budget and status certificate from the condominium corporation to understand the fees, reserve fund health, and what utilities or amenities are included.
2. Why has the sold price trended downward from $21,800 in 2016 to $15,500 in 2024?
While local market fluctuations play a role, a declining sale price over eight years typically warrants investigation. Possible factors could include specific building issues, changes in the rental bylaws, special assessments, or significant increases in condo fees that have affected valuations. Reviewing the status certificate and recent board minutes is essential.
3. Is this a good investment for a rental property?
Given the very low purchase price, the potential for positive cash flow is stronger than with more expensive units. However, success depends entirely on the building's rules (some prohibit rentals), the monthly condo fees, and current rental rates for similar units in the area. Its central location is a point in its favour for attracting tenants.
4. The living area is noted as smaller than 87% of Winnipeg homes. Is the space practical?
At 828 sqft, the unit is compact. Buyers should consider if the layout is efficient for their needs. It may be ideal for a single person or a couple but could feel cramped for those with a lot of belongings or who work from home without a dedicated space.
5. What is the neighbourhood and building community like?
Broadway-Assiniboine is a mature, central neighbourhood. The building-specific community is harder to gauge. The high ratio of units with identical assessed values on the same street suggests this is one of many similar suites in a larger complex. Speaking to a resident or the property manager can provide insight into noise levels, demographics, and overall building culture.