Property score
44.6
Below average
Overall 44.6 · Smaller and older than most nearby homes
340 sqft (bottom 1%) · 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
68% 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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44.6 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
4-1462 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 1% | Bottom 1% | Bottom 1% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 3% | Bottom 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This is a compact, 340-square-foot condominium unit located at 4-1462 Pembina Highway in Winnipeg's Crescent Park neighbourhood. Built in 1959, it is notably one of the smallest and lowest-assessed properties in its immediate area and city-wide comparisons. Its most recent recorded sale was in January 2020 for $90,000. The appeal lies squarely in its function as a minimal-maintenance entry point into the Winnipeg housing market. It suits a very specific buyer: someone seeking the absolute lowest-cost ownership option, such as a first-time buyer on a tight budget, an investor looking for a basic rental unit, or someone wanting a pragmatic, no-fuss personal space. Its location on a major arterial road like Pembina Highway offers high convenience for transit and amenities, but comes with the expected trade-offs of noise and less residential tranquility. A thoughtful perspective is that a property of this scale and price represents pure utility—it’s less about lifestyle and more about securing an asset with minimal financial overhead.
Frequently Asked Questions
1. What does the ranking data (e.g., "Top 100%") actually mean for this property?
It means this unit ranks at the very bottom of its comparison groups for size and assessed value. For example, being "Top 100%" and ranked 1121 out of 1121 for living area on its street indicates it is the smallest among those comparable properties.
2. Who would this property be most suitable for?
It is best suited for budget-focused first-time buyers prioritizing ownership over renting, or for investors seeking a low-cost rental property. Its small size and minimal upkeep make it impractical for most families or those who work from home.
3. Are there any concerns with a building from 1959?
While the building has been maintained, its age suggests potential for older building components. A thorough inspection and review of the condominium reserve fund study are essential to understand the financial health of the corporation and plan for future special levies.
4. What are the pros and cons of the Pembina Highway location?
The major pro is unparalleled convenience to buses, shops, and services. The significant con is exposure to constant traffic noise, which affects livability and can be a factor in resale value.
5. How does the low assessed value impact property taxes?
A lower assessed value typically results in lower municipal property taxes, which is a financial advantage for the owner. However, it is also a direct reflection of the unit's very small size and the building's age and location.
