Property score
45.8
Below average
Overall 45.8 · Smaller and older than most nearby homes
532 sqft (bottom 12%) · 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
50% 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)
38
375.5k
$308/sqft
1982
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45.8 is composed by the two sections below.
Property Score
Community Score
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.
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: #46110439
$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
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
2-1462 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).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 2% | Bottom 8% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview: 2-1462 Pembina Highway, Crescent Park, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, no-frills property on Pembina Highway. Built in 1959, its key characteristic is its exceptionally low price point, with a recent sale and assessed value near $12,000. At 532 square feet, the living area is significantly smaller than most comparable homes in the city, neighbourhood, and along the street. The data indicates it has no basement, garage, or pool.
Its primary appeal lies in its function as a minimal-capital entry point into the Winnipeg market. It suits a very specific buyer: an investor looking for a low-cost addition to a portfolio, someone seeking the absolute least expensive path to property ownership, or a buyer with plans for a complete rebuild. Its location on a major arterial road offers high visibility and convenience for commercial or mixed-use potential, which is a less obvious angle for such a small unit. It is not suited for those seeking move-in-ready comfort, space, or traditional residential amenities.
Section 2: Frequently Asked Questions
1. What exactly is this property?
Based on the address format ("2-1462") and the listing of multiple units at the same address (e.g., 1-1462, 5-1462), this is almost certainly a single unit within a larger multi-suite building, likely a condominium or a housing co-operative.
2. Why is the price so low?
The price reflects the property's age, very small square footage, lack of additional features (like a basement or garage), and its ranking well below averages for assessed value in all comparison categories.
3. What are the monthly fees?
This listing does not include condo or co-op fee information. This is a critical question for any interested buyer, as monthly fees can significantly impact affordability and would need to be obtained directly from the seller or property manager.
4. Is this a good investment?
As a pure real estate holding, its value is in its land and location on Pembina Highway. The building itself adds little value. Its investment potential would depend on future development plans for the site, the financial health of the building (if a condo), or its income-generating potential relative to the ultra-low purchase price.
5. What does the "ranking" data mean?
The rankings show how this property compares to others. For example, "Top 99%" for Year Built means it is older than 99% of comparable listings, placing it in the bottom 1%. This consistent pattern across metrics confirms it is an outlier in terms of age, size, and value.
