Property score
40.2
Below average
Overall 40.2 · Smaller and older than most nearby homes
374 sqft (bottom 6%) · Built in 1913 (61 yrs older than avg)
Located in a above-average income area with median household income of ~85k
Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 20 dining spots, 2 schools, 2 healthcare facilitys, and 4 shops nearby
Living Area
Below average
52% smaller than neighborhood avg.
Year Built
Below average
61 yrs older than neighborhood avg.
Mother tongue
English · 85%French · 3%
Past 10 years Earl Grey sales snapshot (~80% of all data)
78
135k
$237/sqft
1974
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40.2 is composed by the two sections below.
Property Score
Community Score
Earl Grey
How to read: Share of sales in each ~$50k price band for “earl grey” (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: #46110392
$85K
Median household income
$90K
Average household income
10%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.2
P90 / P10 ratio
32%
Single-person households
26%
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
2-775 Mulvey Avenue — 34 amenities found within 500 m, across 7 categories, including 20 dining (nearest 246 m), 2 education (nearest 183 m), 2 healthcare (nearest 372 m).
Earl Grey · WPS public data · 2026
Annual incidents
46
2026
vs. city avg
+56%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
63%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 1% | Bottom 1% |
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, 374 sqft condo unit at 2-775 Mulvey Avenue in Winnipeg's Earl Grey neighbourhood. Built in 1913, it is one of the older units on its street. Its primary appeal lies in its ultra-affordable price point, as reflected in its very low assessed value ($7,900), which places it among the most budget-friendly properties citywide. The unit is notably smaller than both area and city averages, indicating a minimalist living space.
This property would suit a specific buyer: a first-time purchaser or an investor seeking the absolute lowest entry point into the Winnipeg market. It could also appeal to someone seeking a minimal footprint or a strategic address in a central neighbourhood without the cost of a larger home. A key, less obvious perspective is that owning one of the oldest units on the block can sometimes mean fewer hidden surprises about the building's foundational integrity, as its age and condition are long-established.
Frequently Asked Questions
1. What does the assessed value tell me about the property taxes?
The assessed value of $7,900 is exceptionally low. Property taxes are calculated based on this value, so this unit would carry one of the lowest possible tax bills in the city, which is a significant ongoing cost savings.
2. How should I interpret the living area size (374 sqft)?
At 374 square feet, this is a very compact living space. It is significantly smaller than the average Winnipeg home (1,042 sqft) and even below the average for Earl Grey (787 sqft). Buyers should be prepared for efficient, minimalist living and may want to verify the specific layout.
3. The unit sold for $50,000 in 2019. Why is that price so different from the assessed value?
Assessed value is for municipal tax purposes and often lags behind market value. The sale price from 2019 is a better indicator of its market value at that time, showing it trades at a deep discount compared to typical area homes.
4. What are the implications of it being one of the oldest buildings on the street?
Built in 1913, this unit's systems (like plumbing and electrical) may have been updated over time, but potential buyers should pay close attention to the condo corporation's reserve fund study and health to understand future repair obligations for the historic building envelope and shared infrastructure.
5. There are several units at the same address (e.g., 1-775, 3-775). What does this indicate?
This suggests a multi-unit condo conversion, likely in a historic house or a small apartment building. It's important to review the condo rules, understand sound transmission between units, and explore the shared common areas and exterior maintenance responsibilities.
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