1405-390 Assiniboine Avenue

Built 2018Living Area 967 sqft
Sale History
SOLDin Nov 2023
460K±5,000
Tax Assessment
478k(prev. 471k)
+7k(+1.5%)
DateSold PriceNeighbourhood
2023-11Sold460K±5,0001/30

Rankings reflect the property's sold price position within its street, neighbourhood, and all of Winnipeg in the year of sale.

Map
Above average967 sqft · top 10% in area · built 2018 · 35 yrs newer than avg
$
High-income areaMedian household income ~$40K · top tier income demographics
6-min walk to transit5 nearby routes · score 82/100
Score

Property score

Overall score
57.4Fair
How is the score calculated? ▼
Scores are weighted aggregates of property attributes (size, age, lot, sales activity) and community signals from the 2021 Statistics Canada census (income, education, housing stress, employment). 100 = top of metric within Winnipeg.
Property Score
61.4
Fair
Living area
42
Year built
97
Sales activity
100
Community Score
51.5
Fair
Income
40
Education
82
Housing
30
Core need
38
Employment
83
Rankings

How it stacks up

Each metric compared against 91 homes on Assiniboine Avenue, 458 in Broadway-Assiniboine, and 26,841 citywide. Polygon points further from the centre = better rank.
Living Area
967 sqft
ABOVE AVERAGE
StreetTop 29%AreaTop 10%CityBottom 47%
Top 29%
#26 / 91
Top 10%
#48 / 458
Citywide
Winnipeg
Bottom 47%
#14,252 / 26,841
Tax-Assessed Value
478 k
ABOVE AVERAGE
StreetTop 26%AreaTop 5%CityTop 6%
Top 26%
#24 / 91
Top 5%
#24 / 458
Citywide
Winnipeg
Top 6%
#1,657 / 26,841
Year Built
2018
ABOVE AVERAGE
StreetTop 1%AreaTop 1%CityTop 8%
Top 1%
#1 / 91
Top 1%
#1 / 458
Citywide
Winnipeg
Top 8%
#2,121 / 26,841
How rankings work — each polygon vertex is the property's percentile rank within that scope. Further from the centre = better.
Detailed ranking analysis ▼
1405-390 Assiniboine Avenue: Living Area Analysis

Street Level (Assiniboine Avenue): Around Average. Ranked #26 out of 91 (Top 29%). The street average for comparable homes is 976 sqft.

Neighborhood Level (Broadway-Assiniboine): Above Average. Ranked #48 out of 458 (Top 10%). The neighborhood average for comparable homes is 818 sqft.

Citywide Level (Winnipeg): Below Average. Ranked #14,252 out of 26,841 (Bottom 47%). The citywide average for comparable homes is 1,042 sqft.

1405-390 Assiniboine Avenue: Tax-Assessed Value Analysis

Street Level (Assiniboine Avenue): Around Average. Ranked #24 out of 91 (Top 26%). The street average for comparable homes is 440.2k.

Neighborhood Level (Broadway-Assiniboine): Above Average. Ranked #24 out of 458 (Top 5%). The neighborhood average for comparable homes is 214.0k.

Citywide Level (Winnipeg): Above Average. Ranked #1,657 out of 26,841 (Top 6%). The citywide average for comparable homes is 276.9k.

1405-390 Assiniboine Avenue: Year Built Analysis

Street Level (Assiniboine Avenue): Above Average. Ranked #1 out of 91 (Top 1%). The street average for comparable homes is 2018.

Neighborhood Level (Broadway-Assiniboine): Above Average. Ranked #1 out of 458 (Top 0%). The neighborhood average for comparable homes is 1983.

Citywide Level (Winnipeg): Above Average. Ranked #2,121 out of 26,841 (Top 8%). The citywide average for comparable homes is 1990.

Market

Broadway-Assiniboine market pulse

Past 14 years sales snapshot (~80% of all data)
Sold count
180
last 14 years
Median price
180k
14-year area median
Price per sqft
$204/sqft
area average
Avg build year
1983
area average
Market conditions · Winnipeg
Sales-to-New-Listings?
Seller's market
63.5%
Buyer'sBalancedSeller's
Sold
1,465
New listings
2,307
Sold above asking?
Last 7 days
Majority over ask
62%
Below ask62% above
70 of 113 sold above asking
What this means
Upward pressure
Demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
2026-04

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.

Community deep dive

Who lives in this neighbourhood

Dissemination area #46111181 · Statistics Canada 2021 Census · Population 696
696
Population (2021)
32.4
Median age
1.4
Avg household size
11,600 / km²
Population density
Distribution by household income band
0-5k
3%
5k-10k
5%
10k-15k
7%
15k-20k
4%
20k-25k
6%
25k-30k
8%
30k-35k
8%
35k-40k
9%
40k-45k
6%
45k-50k
6%
50k-60k
9%
60k-70k
9%
70k-80k
4%
80k-90k
4%
90k-100k
1%
100k-125k
4%
125k-150k
2%
150k-200k
1%
$40K
Median household income
$49K
Average household income
32%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.7
P90 / P10 ratio
68%
Single-person households
4%
Families with children
78%
Labour participation
9%
Unemployment
Local · Day-to-day

Transit, amenities & safety

Everything within walking distance, plus crime and waste collection.

Nearby Amenities

Dining, education, healthcare, shopping & more

1405-390 Assiniboine Avenue — 39 amenities found within 500 m, across 8 categories, including 14 dining (nearest 303 m), 2 healthcare (nearest 308 m), 8 shopping (nearest 132 m).

Search radius
🍽️Dining14
🏥Healthcare2
🛒Shopping8
🌳Parks9
💪Sports2
🏦Finance2
Worship1
🏛️Government1

Crime & safety

Broadway-Assiniboine · WPS public data
Full crime data →
Annual incidents
26
2026
vs. city average
-12%
▲ relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
62% of incidents

We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 1405-390 Assiniboine Avenue. No advertising. Data source details →

Related homes

Highlights & common questions

Is this home right for you?

Property highlights

Property Summary: Unit 1405 at 390 Assiniboine Avenue

Key Characteristics & Ideal Buyer

This is a modern, low-maintenance condominium in Winnipeg's Broadway-Assiniboine neighbourhood, built in 2018. The 967 sqft unit sits in a well-ranked building for its area and age, suggesting a quality, contemporary construction. Its appeal lies in a turnkey lifestyle within a desirable downtown-adjacent location, close to the river, The Forks, and city amenities. The financial picture is notable: the property has a very strong assessed value ranking across Winnipeg (top 22%), and its last sold price in late 2023 was virtually identical to its current assessment, indicating stable and recognized value in the market.

This property would best suit a professional, empty-nester, or investor seeking a newer, hassle-free home in a prime location without the upkeep of a house. It’s particularly compelling for the value-conscious buyer who prioritizes modern building quality and financial stability over sheer square footage, as the living area is more modestly ranked. The data suggests you're buying into a well-regarded and newer asset in the city, rather than the largest space.

Frequently Asked Questions

1. What are the monthly condo fees, and what do they cover?
This is the critical next question. While the listing doesn't specify, these fees directly impact affordability and value. Understanding what’s included (e.g., heat, water, building insurance, reserve fund contributions) is essential for a true cost comparison.

2. Is parking included with the unit?
The listing shows "Garage: None," but it may have a dedicated underground spot or a titled surface space. Clarifying the parking situation—whether it's included, rented, or unavailable—is key for urban living.

3. How does the "top percentage" ranking work?
The rankings compare this property against others on its street, in the neighbourhood, and across Winnipeg. For example, being "Better than 95% in Winnipeg" for year built means only 5% of Winnipeg properties are newer. It's a relative gauge of specific metrics.

4. The assessed value seems low for a 2018 condo. Why?
Manitoba assessments are not market valuations; they are for municipal tax purposes and can be significantly lower than market price. The important figure is the recent sold price of $46.8k, which reflects the actual market transaction.

5. What is the building's reserve fund status?
For a building from 2018, the reserve fund should be relatively young but growing. Requesting a status certificate would reveal the financial health of the condo corporation, planned projects, and any potential for special assessments.