1015 Grosvenor Avenue

Crescentwood, Winnipeg

Property score

82.2

Excellent

Overall 82.2 · Larger than most nearby homes

3,028 sqft (top 22%) · Built in 1912 (14 yrs older than avg)

Located in a high-income area with median household income of ~119k

Transit 92.0 · 3-min walk to transit with 5 nearby routes · Within 500m: 6 dining spots, 3 schools, 4 healthcare facilitys, and 2 place of worships nearby

Living Area

Above average

29% larger than neighborhood avg.

Year Built

Below average

14 yrs older than neighborhood avg.

Mother tongue

English · 85%Chinese · 1%

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

Sold Count

260

Median price

435k

$/sqft

$190/sqft

Avg build year

1926

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Property score

82.2 is composed by the two sections below.

Property Score

78.7Good
Living Area3,028 sqft100Excellent
Year Built191216Low
Lot Size6,043 sqft81Excellent
Neighbourhood Sales Activity67Good

Community Score

87.5Excellent
Household Income90Excellent
Education Level100Excellent
Housing Stress42Low
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

Crescentwood

How to read: Share of sales in each ~$50k price band for “crescentwood” (Detached houses (non-condo), 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: #46110660

Community deep dive

$119K

Median household income

$141K

Average household income

5%

Low income (LIM-AT)

0.4

Income inequality (Gini)

4.6

P90 / P10 ratio

30%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)517
Labour force participation rate75%
Median age38.0
Avg household size2.4
Unemployment rate9%
Population density2872 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households30%
Couple families with children30%
Median household income (2020)$119K

Housing

Renter households47%
Condominium dwellings6%
Median dwelling value (owners)$572K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority10%
Bachelor's or higher (25–64)75%
Mother tongue (1st)English · 85%
Mother tongue (2nd)Chinese · 0%

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

Rankings

Living Area

Elite
3,028 sqft
0255075100
Same streetTop 12%Same areaTop 22%CitywideTop 1%
Same street · Grosvenor Avenue
#15 / 121
Top 12% · Avg 2,305 sqft
Same area · Crescentwood
#180 / 802
Top 22% · Avg 2,353 sqft
Citywide · Winnipeg
#1,918 / 194,458
Top 1% · Avg 1,342 sqft

Tax-Assessed Value

Elite
791k
0255075100
Same streetTop 11%Same areaTop 15%CitywideTop 2%
Same street · Grosvenor Avenue
#13 / 121
Top 11% · Avg 573.4k
Same area · Crescentwood
#122 / 802
Top 15% · Avg 590.8k
Citywide · Winnipeg
#4,566 / 194,458
Top 2% · Avg 390.1k

Year Built

around average
1912
0255075100
Same streetBottom 45%Same areaBottom 39%CitywideBottom 8%

Lot Size

above average
6,043 sqft
0255075100
Same streetTop 44%Same areaBottom 42%CitywideTop 30%

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

1015 Grosvenor Avenue — 15 amenities found within 500 m, across 4 categories, including 6 dining (nearest 283 m), 3 education (nearest 171 m), 4 healthcare (nearest 324 m).

Search radius
🍽️Dining6
🏫Education3
🏥Healthcare4
Worship2

Crime & Safety

Crescentwood · WPS public data · 2026

Annual incidents

23

2026

vs. city avg

-22%

relative to avg

Year-over-year

-90%

vs. prior year

Primary type

Property

87%

Sales History

Sold 12/2021CA$0.95M–1M
Sold price

Same street

Top 6%

Same area

Top 6%

City-wide

Top 1%
Sold 12/2019CA$300k–350k
Sold price

Same street

Bottom 6%

Same area

Bottom 6%

City-wide

Bottom 40%

Related homes

Highlights & common questions: 1015 Grosvenor Avenue, Winnipeg

Property Overview: 1015 Grosvenor Avenue, Crescentwood

Key Characteristics & Appeal

This is a substantial, classic two-and-a-half storey home built in 1912, situated on a generous 6,043 sqft lot in the established Crescentwood neighbourhood. Its primary appeal lies in its above-average scale and the value proposition of its location. With over 3,000 sqft of living space, the home offers significantly more room than most city-wide properties and is notably larger than many in its immediate area. This presents a clear opportunity for buyers seeking character-home proportions without being on the largest lot.

The home last sold in late 2021 for $950,000, a price point that placed it in the top tier for the street and neighbourhood, indicating strong market recognition for its combination of size and location. The property suits buyers who value space and established communities over new construction. It’s ideal for someone ready to take on a home with a basement that hasn't been renovated and who sees potential in a solid, century-old structure. A thoughtful perspective is that while the home is older than the city average, its age is typical for prestigious Crescentwood, suggesting its character is part of its inherent value. The detached garage and large lot also offer flexibility for future expansion, gardening, or outdoor living, which is a premium in mature neighbourhoods.


Frequently Asked Questions

1. What does "above average" living area really mean for this home?
With 3,028 sqft, this home is significantly larger than both the Winnipeg average (~1,342 sqft) and the Crescentwood average (~2,353 sqft). You are purchasing a home with the interior space of a much larger, modern property, but within the fabric of a classic neighbourhood.

2. The assessed value is much lower than the last sale price. Why?
Municipal assessed value for taxation purposes often lags behind market value, especially after rapid market changes. The 2021 sale at $950k is a more current indicator of its market worth, reflecting what buyers were recently willing to pay for this specific property.

3. Is the older year of construction (1912) a concern?
It is a consideration for maintenance and systems. However, in Crescentwood, a 1912 build date is common and contributes to the neighbourhood's historic charm. The key will be to understand the current condition of major components like the roof, wiring, and plumbing through a thorough inspection.

4. How does the lot size compare?
At just over 6,000 sqft, the lot is larger than the average for Grosvenor Avenue itself. It provides ample backyard space, which is a valuable asset in this area, but it is not an exceptionally large estate-sized parcel compared to some in the wider neighbourhood.

5. What can the past sale history tell me?
The home sold for $30,500 in late 2019 before its $950,000 sale in late 2021. This dramatic increase likely represents a significant renovation, flip, or change in property status (e.g., from a rooming house to a single-family home). Requesting details on the 2021 sale and any work done during that period is crucial.

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