7-1462 Pembina Highway

Crescent Park, ਵਿਨੀਪਿਗ

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

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Below average

50% smaller than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

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
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ532 sqft8Low
ਤਰੀਕ ਤੋਂ ਬਣਿਆ195943Low
Neighbourhood Sales Activity42Low

Community Score

84.2Excellent
Household Income79Good
Education Level100Excellent
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health76Good

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Crescent Park

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

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ ਤੋਂ ਹੇਠਾਂ
532 sqft
0255075100
Same streetਹੇਠਲੇ 1%Same areaਹੇਠਲੇ 12%Citywideਹੇਠਲੇ 2%
Same street · Pembina Highway
#1,113 / 1,121
ਹੇਠਲੇ 1% · ਔਸਤ 1,031 sqft
Same area · Crescent Park
#61 / 69
ਹੇਠਲੇ 12% · ਔਸਤ 1,061 sqft
Citywide · ਵਿਨੀਪਿਗ
#26,359 / 26,841
ਹੇਠਲੇ 2% · ਔਸਤ 1,042 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ ਤੋਂ ਹੇਠਾਂ
129k
0255075100
Same streetਹੇਠਲੇ 7%Same areaਹੇਠਲੇ 7%Citywideਹੇਠਲੇ 6%
Same street · Pembina Highway
#1,047 / 1,121
ਹੇਠਲੇ 7% · ਔਸਤ 207.7k
Same area · Crescent Park
#64 / 69
ਹੇਠਲੇ 7% · ਔਸਤ 252.9k
Citywide · ਵਿਨੀਪਿਗ
#25,336 / 26,841
ਹੇਠਲੇ 6% · ਔਸਤ 256.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ ਤੋਂ ਹੇਠਾਂ
1959
0255075100
Same streetਹੇਠਲੇ 1%Same areaਹੇਠਲੇ 23%Citywideਹੇਠਲੇ 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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

7-1462 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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

5/2023 ਵਿਚ ਵਿਕਿਆCA$100k–150k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਹੇਠਲੇ 3%

ਉਹੀ ਇਲਾਕਾ

ਹੇਠਲੇ 13%

ਪੂਰਾ ਸ਼ਹਿਰ

ਹੇਠਲੇ 5%

Related homes

ਵਿਨੀਪਿਗ 7-1462 Pembina Highway — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview & Key Characteristics

This is a compact, 532 sqft condo unit in a 1959-built building on Pembina Highway in the Crescent Park area. Its primary appeal lies in its exceptionally low financial barrier to entry, reflected in its assessed value of $12,90k. The data shows it ranks in the bottom tier for size, value, and age compared to most properties in the city, on its street, and in the immediate neighbourhood. This isn't a property for those seeking space or modern finishes; instead, it represents a pure, no-frills entry point into the Winnipeg market. It would suit a very budget-conscious first-time buyer, an investor looking for a low-cost rental unit, or someone seeking minimal housing expenses above all else. A thoughtful perspective is that such a unit offers the chance to build equity with a very small initial investment, and its location on a major transit corridor provides practical connectivity despite the older building.

Frequently Asked Questions

1. What are the monthly condo fees, and what do they cover?
This is the most critical question for a unit at this price point. The fees significantly impact the total monthly cost and value proposition. The listing data does not include this information; it must be obtained directly from the property listing or condo corporation.

2. What is the current condition of the unit and the building?
Given the building's age (1959), potential buyers should prioritize understanding the state of major building systems (roof, plumbing, windows) and the unit itself. Recent special assessments or planned renovations to the common elements would be essential to know.

3. How does the assessed value relate to the likely selling price?
The unit last sold for $12,70k in May 2023, closely aligned with its current $12,90k assessed value. This suggests a stable, low-value market for the unit, but the final price will depend on current market conditions and the details of the condo corporation's finances.

4. What is the parking situation?
Parking is often a premium on Pembina Highway. Clarifying whether the unit includes a dedicated parking spot, and if so, whether it's indoor or outdoor, is a key practical consideration.

5. What is the rental policy for the condo building?
For an investor or a buyer who may need flexibility, understanding if the building allows rentals, and if there are any caps on the number of rental units, is crucial before purchasing.

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