Broadway-Assiniboine, Winnipeg
Property score
49.3
Below average
Overall 49.3 · Larger than most nearby homes
840 sqft (top 25%) · Built in 1980 (3 yrs older than avg)
Located in a average-income area with median household income of ~45.2k
Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 11 dining spots, 1 healthcare facility, 8 shops, and 8 parks nearby
Living Area
Above average
3% larger than neighborhood avg.
Year Built
Near average
3 yrs older than neighborhood avg.
Mother tongue
English · 62%Arabic · 3%
Past 10 years Broadway-Assiniboine sales snapshot (~80% of all data)
180
180k
$204/sqft
1983
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49.3 is composed by the two sections below.
Property Score
Community Score
Broadway-Assiniboine
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111185
$45K
Median household income
$64K
Average household income
27%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.0
P90 / P10 ratio
65%
Single-person households
7%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
1609-15 Kennedy Street — 34 amenities found within 500 m, across 9 categories, including 11 dining (nearest 269 m), 1 healthcare (nearest 461 m), 8 shopping (nearest 181 m).
Broadway-Assiniboine · WPS public data · 2026
Annual incidents
26
2026
vs. city avg
-12%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
62%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 42% | Top 46% | Bottom 19% |
Request exact sold prices and history by email
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 840 sqft condo at 1609-15 Kennedy Street in Broadway-Assiniboine presents a specific, value-oriented opportunity. Built in 1980, its primary appeal lies in its exceptionally low carrying costs, underscored by a municipal assessed value of $16,800. It ranks in the top tier for newer construction on its street and offers above-average living space for its immediate neighbourhood. The unit has no basement, pool, or garage.
The profile suits a very particular buyer: investors seeking a minimal-cost rental asset, or first-time buyers prioritizing the lowest possible entry point into the Winnipeg market over modern finishes or amenities. Its appeal is financial rather than aesthetic, offering a chance to build equity with very low property tax and mortgage payments. A thoughtful perspective is that this could serve as a practical "base camp" for someone who lives minimally and prefers to spend their resources on experiences rather than on a large home. However, buyers should be prepared for potential special assessments common in older buildings and consider that the very low value may reflect significant deferred maintenance or upcoming capital projects.
Frequently Asked Questions
1. Why is the assessed value so low?
Extremely low assessed values in condo buildings often reflect the age of the property (46 years), the overall maintenance status of the building, and potentially smaller unit sizes. It typically indicates very low annual property taxes.
2. What does the ranking data mean?
The rankings compare this property against others on its street, in Broadway-Assiniboine, and across all Winnipeg. For example, ranking in the top 1% for living area on its street means this unit is larger than 99% of its immediate neighbours, which is a relative advantage.
3. What are the monthly condo fees, and what do they cover?
This critical information is not provided in the available data. A direct inquiry to the listing agent or property manager is essential to understand the monthly fees and what utilities, repairs, or amenities are included.
4. What was the condition of the building at the time of the last sale?
The property last sold in September 2020 for $16,300. The sale price being close to the current assessed value suggests the market has stabilized for this unit, but it does not detail the building's physical or financial health at that time.
5. Are there any pending special assessments?
This is a vital question for any older condo. A review of the corporation's status certificate is mandatory to uncover any levied or planned special assessments for major repairs (e.g., roof, windows, plumbing), which could significantly impact affordability.
