11-1462 Pembina Highway

Crescent Park, Winnipeg

Property score

45.8

Below average

Overall 45.8 · Smaller and older than most nearby homes

522 sqft (bottom 7%) · Built in 1959 (23 yrs older than avg)

Located in a above-average income area with median household income of ~87k

Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 11 dining spots, 4 schools, 1 shop, and 3 parks nearby

Living Area

Below average

51% smaller than neighborhood avg.

Year Built

Below average

23 yrs older than neighborhood avg.

Mother tongue

English · 78%Punjabi · 2%

Past 10 years Crescent Park sales snapshot (~80% of all data)

Sold Count

38

Median price

375.5k

$/sqft

$308/sqft

Avg build year

1982

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Property score

45.8 is composed by the two sections below.

Property Score

20.2Low
Living Area8
522 sqftLow
Year Built43
1959Low
Neighbourhood Sales Activity42
Low

Community Score

84.2Excellent
Household Income79
Good
Education Level100
Excellent
Housing Stress83
Excellent
Core Housing Need88
Excellent
Employment Health76
Good

Neighbourhood Sales

Crescent Park

How to read: Share of sales in each ~$50k price band for “crescent park” (Condos, 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: #46110439

Community deep dive

$87K

Median household income

$122K

Average household income

10%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.7

P90 / P10 ratio

31%

Single-person households

25%

Families with children

Population, labour & age

Population (2021)495
Labour force participation rate68%
Median age44.8
Avg household size2.3
Unemployment rate4%
Population density2357 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households31%
Couple families with children25%
Median household income (2020)$87K

Housing

Renter households17%
Condominium dwellings6%
Median dwelling value (owners)$360K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority16%
Bachelor's or higher (25–64)62%
Mother tongue (1st)English · 77%
Mother tongue (2nd)Punjabi · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
522 sqft
0255075100
Same streetBottom 1%Same areaBottom 7%CitywideBottom 2%
Same street · Pembina Highway
#1,116 / 1,121
Bottom 1% · Avg 1,031 sqft
Same area · Crescent Park
#64 / 69
Bottom 7% · Avg 1,061 sqft
Citywide · Winnipeg
#26,426 / 26,841
Bottom 2% · Avg 1,042 sqft

Tax-Assessed Value

below average
127k
0255075100
Same streetBottom 5%Same areaBottom 6%CitywideBottom 5%
Same street · Pembina Highway
#1,065 / 1,121
Bottom 5% · Avg 207.7k
Same area · Crescent Park
#65 / 69
Bottom 6% · Avg 252.9k
Citywide · Winnipeg
#25,460 / 26,841
Bottom 5% · Avg 256.1k

Year Built

below average
1959
0255075100
Same streetBottom 1%Same areaBottom 23%CitywideBottom 6%

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

11-1462 Pembina Highway — 20 amenities found within 500 m, across 5 categories, including 11 dining (nearest 76 m), 4 education (nearest 367 m), 1 shopping (nearest 106 m).

Search radius
🍽️Dining11
🏫Education4
🛒Shopping1
🌳Parks3
Worship1

Crime & Safety

Crescent Park · WPS public data · 2026

Annual incidents

17

2026

vs. city avg

-42%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

88%

Sales History

Sold 9/2016CA$100k–150k
Sold price

Same street

Bottom 7%

Same area

Bottom 21%

City-wide

Bottom 8%

Related homes

Highlights & common questions: 11-1462 Pembina Highway, Winnipeg

Property Overview

This is a compact, 522-square-foot condominium located at 11-1462 Pembina Highway in Winnipeg's Crescent Park neighbourhood. Built in 1959, it is notably smaller and older than most comparable properties in the area and across the city. Its assessed value is significantly below local averages, reflecting its vintage and modest size. The unit last sold in 2016.

Key Characteristics & Appeal

The primary appeal of this property lies in its accessibility and affordability within a major urban corridor. It represents a low-barrier entry point into the Winnipeg market, particularly suited for first-time buyers, investors, or downsizers with a tight budget who prioritize location over space. Its position on Pembina Highway offers unmatched convenience for transit and access to amenities, services, and major routes like Bishop Grandin Boulevard.

This condo would suit a pragmatic buyer who views real estate as a utility—a place to live with minimal overhead—rather than a spacious home. It’s a practical choice for someone who spends little time at home or who prefers to invest their resources in experiences rather than property maintenance and high carrying costs. The very low assessed value also suggests potentially manageable property taxes, which is a key, though less obvious, financial advantage.

Frequently Asked Questions

1. Why is the assessed value so much lower than the area average?
The assessed value is based on the property's specific characteristics, primarily its small size (522 sq ft) and older building age (1959), which place it well below the norms for the neighbourhood and city.

2. What type of lifestyle does this condo support?
It supports a low-maintenance, efficient lifestyle ideal for a single occupant or couple. It's best for those who are comfortable in compact living spaces and who value location and affordability above interior square footage.

3. Are there any concerns with a building from 1959?
While the building is older, a prospective buyer should investigate the condo corporation's reserve fund study, maintenance history, and any recent special assessments. Understanding the financial health of the building is crucial for a property of this age.

4. How does the ranking system ("Top 100%") work?
These rankings compare this specific unit against similar properties. For example, a "Top 100%" rank for living area means it falls at the very bottom of the comparison range—it is smaller than 100% of comparable listings, indicating it is among the smallest units available.

5. What should I consider regarding its location on Pembina Highway?
You'll have exceptional convenience for transportation and shopping. However, be prepared for potential traffic noise and a streetscape environment rather than a quiet, residential feel. Consider visiting at different times to gauge the noise level.