30.4
Below average
Property score
30.4
Below average
Overall 30.4
Compared with neighbourhood average
650 sqft (top 50%)
Built in 1969 (5 yrs older than avg)
Located in a below-average income area
with median household income of ~33.2k
Transit 94.0
1-min walk to transit with 4 nearby routes
Within 500m: 27 dining spots, 1 school, 2 healthcare facilitys, and 5 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
17% smaller than neighborhood avg.
Year Built
Near average
5 yrs older than neighborhood avg.
Mother tongue
English · 77%French · 5%
Past 10 years Earl Grey sales snapshot (~80% of all data)
78
135k
$237/sqft
1974
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30.4 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: #46110412
$33K
Median household income
$40K
Average household income
40%
Low income (LIM-AT)
0.3
Income inequality (Gini)
6.3
P90 / P10 ratio
74%
Single-person households
4%
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
5-524 Corydon Avenue — 43 amenities found within 500 m, across 7 categories, including 27 dining (nearest 101 m), 1 education (nearest 213 m), 2 healthcare (nearest 214 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 5% | Bottom 28% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This is a 650 sqft condominium unit located at 5-524 Corydon Avenue in Winnipeg's Earl Grey neighbourhood. Built in 1969, it presents as a practical, no-frills entry point into a well-established area. Its appeal lies in its affordability and location, having sold recently for $120k—a price point that stands out as notably low compared to broader city averages. The unit’s living space and assessed value are below average for both Corydon Avenue and the city overall, but are more aligned with the mid-range for the immediate Earl Grey area.
This property would suit first-time buyers, investors seeking a rental property with a lower entry cost, or downsizers looking for a minimal-maintenance lifestyle without a high condo fee structure. It’s for those who prioritize location and financial accessibility over interior space or modern build quality. A less obvious perspective is that a unit with metrics consistently below area averages can represent a stable, predictable holding in an otherwise fluctuating market, insulating owners from the premium prices paid for more updated or larger homes nearby.
Frequently Asked Questions
1. Why is the sale price so much higher than the assessed value?
This is common. The assessed value is for municipal tax purposes and often lags behind the current market, which is driven by buyer demand, recent sales of similar properties, and specific conditions at the time of sale.
2. What does the ranking data (e.g., "Top 78%") actually mean?
For a given metric like Living Area, a "Top 78%" rank means this unit's size is greater than 78% of comparable properties on Corydon Avenue. In simpler terms, it's in the smaller 22% of units on the street. These rankings help contextualize how the property compares to its immediate peers.
3. Are there any major concerns with a building from 1969?
While the building age is average for its area, potential buyers should prioritize a review of the condo corporation's reserve fund study and minutes to understand the long-term maintenance plan, potential for special assessments, and the overall financial health of the building.
4. What are the benefits of the Earl Grey location?
Earl Grey is a central, mature neighbourhood known for its tree-lined streets, proximity to parks like Earl Grey Park, and convenient access to amenities along Corydon Avenue. It offers a quiet residential feel while being close to dining, shops, and major routes.
5. The listing mentions "Basement: No." What does that mean for this unit?
This indicates the unit does not include a basement, which is typical for many condominiums. All living space is on one level. Storage space may therefore be limited to what is available within the 650 sqft floor plan or any assigned locker space, which should be confirmed.
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