3-540 Jessie Avenue

Earl Grey, Winnipeg

Property score

76.3

Good

Overall 76.3 · Larger and newer than most nearby homes

1,306 sqft (top 10%) · Built in 2014 (40 yrs newer than avg)

Located in a above-average income area with median household income of ~66k

Transit 100.0 · 2-min walk to transit with 5 nearby routes · Within 500m: 26 dining spots, 1 school, 1 healthcare facility, and 4 parks nearby

Living Area

Above average

66% larger than neighborhood avg.

Year Built

Above average

40 yrs newer than neighborhood avg.

Mother tongue

English · 79%French · 4%

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

Sold Count

78

Median price

135k

$/sqft

$237/sqft

Avg build year

1974

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Property score

76.3 is composed by the two sections below.

Property Score

77.9Good
Living Area1,306 sqft71Good
Year Built201494Excellent
Neighbourhood Sales Activity71Good

Community Score

73.8Good
Household Income68Good
Education Level82Excellent
Housing Stress63Fair
Core Housing Need88Excellent
Employment Health83Excellent

Neighbourhood Sales

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.

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: #46110414

Community deep dive

$66K

Median household income

$84K

Average household income

14%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.0

P90 / P10 ratio

39%

Single-person households

8%

Families with children

Population, labour & age

Population (2021)554
Labour force participation rate77%
Median age33.6
Avg household size1.9
Unemployment rate8%
Population density6155 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households39%
Couple families with children8%
Median household income (2020)$66K

Housing

Renter households61%
Condominium dwellings8%
Median dwelling value (owners)$340K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority21%
Bachelor's or higher (25–64)44%
Mother tongue (1st)English · 79%
Mother tongue (2nd)French · 3%

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

Rankings

Living Area

above average
1,306 sqft
0255075100
Same streetTop 27%Same areaTop 10%CitywideTop 19%
Same street · Jessie Avenue
#6 / 22
Top 27% · Avg 1,217 sqft
Same area · Earl Grey
#12 / 125
Top 10% · Avg 787 sqft
Citywide · Winnipeg
#5,061 / 26,841
Top 19% · Avg 1,042 sqft

Tax-Assessed Value

above average
302k
0255075100
Same streetBottom 18%Same areaTop 21%CitywideTop 28%
Same street · Jessie Avenue
#18 / 22
Bottom 18% · Avg 351.7k
Same area · Earl Grey
#26 / 125
Top 21% · Avg 198.3k
Citywide · Winnipeg
#7,628 / 26,841
Top 28% · Avg 256.1k

Year Built

above average
2014
0255075100
Same streetBottom 41%Same areaTop 10%CitywideTop 20%

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

3-540 Jessie Avenue — 39 amenities found within 500 m, across 6 categories, including 26 dining (nearest 129 m), 1 education (nearest 321 m), 1 healthcare (nearest 316 m).

Search radius
🍽️Dining26
🏫Education1
🏥Healthcare1
🌳Parks4
Fuel Stations2
Worship5

Crime & Safety

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%

Sales History

Sold 4/2019CA$250k–300k
Sold price

Same street

Bottom 9%

Same area

Top 18%

City-wide

Top 33%

Related homes

Highlights & common questions: 3-540 Jessie Avenue, Winnipeg

Property Overview

This is a 1,306 sqft condominium located at 3-540 Jessie Avenue in Winnipeg's Earl Grey neighbourhood. Built in 2014, it offers modern construction within a well-established, desirable area. The unit's primary appeal lies in its above-average living space—it ranks in the top 10% of homes in Earl Grey for size—providing a spacious feel that is uncommon for a condo. Its assessed value is notably higher than the city-wide average, yet it sits below the average for its immediate street, presenting a potential value proposition within its specific locale. This property would suit a buyer looking for a low-maintenance, modern home without sacrificing square footage, ideal for small families, professionals, or downsizers who want room to breathe in a central neighbourhood.

Key Details & FAQs

Key Characteristics & Appeal:

  • Spacious Modern Condo: At over 1,300 sqft, this unit offers significantly more space than most condos and even many single-family homes in the city, providing room for flexible living arrangements.
  • Established Neighbourhood: Located in sought-after Earl Grey, it combines the benefits of a mature community with the advantages of a newer build (2014), likely meaning fewer immediate repairs.
  • Value Context: While its assessed value is strong city-wide and in Earl Grey, it is positioned below the average for Jessie Avenue itself. This could indicate a relative value opportunity on a street of otherwise higher-valued homes.
  • Ideal Buyer: Best suited for those prioritizing space and modern amenities over a detached property. It fits buyers seeking a "lock-and-leave" lifestyle without compromising on interior room, possibly offering more interior space than an older, similarly-priced bungalow in the same area.

Frequently Asked Questions:

1. What are the condo fees, and what do they cover?
This information is not provided in the public data. A review of the condo corporation's financial statements, reserve fund study, and bylaws is essential to understand monthly fees, included amenities (like snow removal, building insurance, etc.), and the health of the corporation.

2. How does the assessed value compare to the expected selling price?
The property last sold in 2019 for $27,800. Its current assessed value is $30,200. Market conditions, recent upgrades, and buyer demand will determine the final sale price, which can be above or below assessment. It's wise to review recent comparable sales in Earl Grey.

3. What is the parking situation?
The listing details do not specify parking. Potential buyers should confirm if the unit includes a dedicated garage, underground parking spot, or only street parking, which is a critical consideration in a mature neighbourhood.

4. Are there any interior photos or a layout floor plan available?
The provided data is statistical. For interior condition, room layout, finishes, and balcony/patio space, you would need to view the full listing or schedule a viewing with the selling agent.

5. The data shows it's "below average" for value on Jessie Avenue. Is this a concern?
Not necessarily. This statistic means other homes on the street have higher assessed values. For a buyer, it could mean entering a desirable street at a potentially lower price point. The reason could be unit-specific (e.g., floor level, view, interior condition) rather than a reflection of the building itself.

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