Property score
38.9
Below average
Overall 38.9 · Smaller than most nearby homes
497 sqft (bottom 22%) · Built in 1953 (21 yrs older than avg)
Located in a above-average income area with median household income of ~67k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 10 dining spots, 3 schools, 1 healthcare facility, and 3 shops nearby
Living Area
Below average
43% smaller than neighborhood avg.
Year Built
Near average
21 yrs older than neighborhood avg.
Mother tongue
English · 79%Tagalog · 3%
Past 10 years Bruce Park sales snapshot (~80% of all data)
31
260k
$256/sqft
1974
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38.9 is composed by the two sections below.
Property Score
Community Score
Bruce Park
How to read: Share of sales in each ~$50k price band for “bruce park” (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: #46110248
$67K
Median household income
$81K
Average household income
13%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.3
P90 / P10 ratio
42%
Single-person households
22%
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
6-1812 Portage Avenue — 27 amenities found within 500 m, across 7 categories, including 10 dining (nearest 97 m), 3 education (nearest 285 m), 1 healthcare (nearest 429 m).
Bruce Park · WPS public data · 2026
Annual incidents
4
2026
vs. city avg
-86%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
75%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 3% | Bottom 19% | Bottom 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview
This is a compact, no-frills condominium unit in the Bruce Park neighbourhood, built in 1953. Its primary appeal lies in its exceptionally low price point and minimal property tax burden, as reflected in its assessed value of $12,400. With only 497 square feet of living space and no private garage, it represents one of the most accessible entry points into the Winnipeg housing market.
The unit would suit a very specific buyer: someone seeking absolute minimal overhead, such as a first-time buyer on a tight budget, an investor looking for a low-cost rental property, or a senior downsizing to reduce expenses drastically. Its below-average metrics in size, value, and year built compared to most peers aren't drawbacks for this profile but rather the source of its affordability. A thoughtful perspective is that this property trades space and modern features for financial freedom, offering a lifestyle centred on simplicity and low fixed costs.
Frequently Asked Questions
1. What does the ranking data (e.g., "Top 94%") actually mean?
For a given metric like Year Built, being in the "Top 94%" means the property is older than 94% of comparable listings. In this case, it indicates the unit is among the oldest available, which is a key factor in its low price.
2. Are there any monthly condo fees?
The provided data does not list monthly condo fees. This is a critical piece of information to request, as fees can significantly impact the total monthly cost, even on a very low-value unit.
3. What is included in the "Living Area"?
The living area is 497 square feet. This typically includes all finished interior space. Given the size, the layout is almost certainly a studio or a very compact one-bedroom.
4. The unit sold for $11,600 in 2020. What does that suggest?
The recent sale price being close to the current assessed value indicates a stable, low-value property. It doesn't typically experience the market swings of higher-priced homes, which can be seen as a point of predictability.
5. There are many units at "1812 Portage Avenue." What is this building like?
The listing shows several other units at the same address. This is a multi-unit condominium building, likely with shared common areas and exterior maintenance. Speaking to the property manager or a resident would provide insight into the building's condition, rules, and community.
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