Property score
40.2
Below average
Overall 40.2 · Smaller and older than most nearby homes
282 sqft (bottom 1%) · 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
64% 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
6-775 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 29% | Bottom 5% | 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, 282 sqft condominium unit at 6-775 Mulvey Avenue in Winnipeg's Earl Grey neighbourhood. Built in 1913, it is one of the oldest units on its street. The property stands out for its exceptionally low carrying costs, with an assessed value of $6,600 and a recent sale price of $7,500. Its appeal lies almost entirely in affordability and minimal financial outlay, rather than space or modern amenities. It ranks at the very bottom for size and value compared to almost all other properties locally and city-wide.
This property would suit a very specific buyer: someone seeking the absolute lowest possible entry point into homeownership, an investor looking for a minimal-cost rental unit, or a person who requires a simple, private storage space or office with an address. It is not suitable for anyone needing traditional living space.
Key Details & FAQs
What are the key characteristics?
It is a 282 sqft condo, making it significantly smaller than the average Winnipeg home (1,042 sqft). It has a basement, but it's unclear if it's part of the unit. With an assessed value of $6,600 and a 2023 sale price of $7,500, its primary characteristic is ultra-low cost.
Where does its appeal lie?
Its appeal is purely financial. The monthly condo fees (if any) and property taxes would be among the lowest in the city. It represents a chance to own real estate for less than the price of a used car, which could be appealing for building equity with minimal investment or for securing a dedicated city address for non-residential use.
What type of buyer would it suit?
It suits a budget-first buyer, such as a very hands-on investor, someone using it as a tool shed or studio with a legal address, or a person prioritizing asset ownership over living space. It requires a buyer with realistic expectations about its limitations.
Frequently Asked Questions
1. Is this a livable space?
While zoned as a condo, the 282 sqft size is comparable to a large parking stall or a small studio hotel room. It may be legally livable, but practically, it would require extremely minimalist living.
2. Why is the price so low?
The price reflects the very small square footage, the age of the building (1913), and its position as the lowest-valued property in its area. It is a niche product in the market.
3. What are the monthly condo fees?
This information is not provided in the data. This is a critical question to ask, as even low fees could represent a significant monthly cost relative to the unit's total value.
4. What is the condo corporation's financial health?
Given the age of the building and the low unit values, investigating the condo reserve fund and any pending special assessments is essential before considering a purchase.
5. Could this be a good investment?
As a rental, the return on the tiny initial purchase price could be high percentage-wise, but it would attract a very limited tenant pool. Its value appreciation may also be limited compared to standard properties. The investment is high-risk, high-potential-reward based on minimal capital outlay.
