7-716 Corydon Avenue

Earl Grey, Winnipeg

Property score

44.6

Below average

Overall 44.6 · Compared with neighbourhood average

585 sqft (bottom 37%) · Built in 1956 (18 yrs older than avg)

Located in a above-average income area with median household income of ~66.5k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 29 dining spots, 1 school, 3 shops, and 3 parks nearby

Living Area

Below average

26% smaller than neighborhood avg.

Year Built

Near average

18 yrs older than neighborhood avg.

Mother tongue

English · 86%French · 3%

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

44.6 is composed by the two sections below.

Property Score

21.7Low
Living Area585 sqft8Low
Year Built195643Low
Neighbourhood Sales Activity71Good

Community Score

79.0Good
Household Income68Good
Education Level100Excellent
Housing Stress74Good
Core Housing Need100Excellent
Employment Health76Good

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: #46110394

Community deep dive

$67K

Median household income

$88K

Average household income

12%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.6

P90 / P10 ratio

46%

Single-person households

12%

Families with children

Population, labour & age

Population (2021)428
Labour force participation rate82%
Median age36.4
Avg household size1.9
Unemployment rate17%
Population density6114 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households46%
Couple families with children12%
Median household income (2020)$67K

Housing

Renter households63%
Condominium dwellings8%
Median dwelling value (owners)$304K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority14%
Bachelor's or higher (25–64)60%
Mother tongue (1st)English · 86%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

around average
585 sqft
0255075100
Same streetBottom 12%Same areaBottom 37%CitywideBottom 4%
Same street · Corydon Avenue
#246 / 279
Bottom 12% · Avg 822 sqft
Same area · Earl Grey
#79 / 125
Bottom 37% · Avg 787 sqft
Citywide · Winnipeg
#25,683 / 26,841
Bottom 4% · Avg 1,042 sqft

Tax-Assessed Value

below average
129k
0255075100
Same streetBottom 8%Same areaBottom 28%CitywideBottom 6%
Same street · Corydon Avenue
#257 / 279
Bottom 8% · Avg 193.1k
Same area · Earl Grey
#90 / 125
Bottom 28% · Avg 198.3k
Citywide · Winnipeg
#25,336 / 26,841
Bottom 6% · Avg 256.1k

Year Built

around average
1956
0255075100
Same streetBottom 15%Same areaBottom 46%CitywideBottom 5%

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

7-716 Corydon Avenue — 38 amenities found within 500 m, across 6 categories, including 29 dining (nearest 51 m), 1 education (nearest 384 m), 3 shopping (nearest 125 m).

Search radius
🍽️Dining29
🏫Education1
🛒Shopping3
🌳Parks3
💪Sports1
Worship1

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 11/2021CA$100k–150k
Sold price

Same street

Bottom 9%

Same area

Bottom 36%

City-wide

Bottom 5%
Sold 4/2016CA$100k–150k
Sold price

Same street

Bottom 10%

Same area

Bottom 37%

City-wide

Bottom 6%

Related homes

Highlights & common questions: 7-716 Corydon Avenue, Winnipeg

Property Overview

This is a 585 sqft condominium unit at 7-716 Corydon Avenue in Winnipeg's Earl Grey neighbourhood. Built in 1956, it presents a compact, low-maintenance living option in a central, well-established area. Its primary appeal lies in its affordability and location, with a very low municipal assessed value of $12,900. Recent sale prices ($130k in 2016 and $12.5k in 2021) suggest a complex valuation history that requires careful investigation.

The unit would suit a specific type of buyer: a first-time purchaser or investor with a limited budget seeking a minimal property tax footprint and a foothold in a desirable area. It's a practical choice for someone who prioritizes location over space and is prepared for the realities of an older, smaller building. The data indicates the unit is significantly smaller and valued lower than most comparable homes on its street, in the neighbourhood, and across the city, which can represent an entry-level opportunity but also warrants extra due diligence.


Key Questions to Consider

  1. Why is there such a large discrepancy between the recent 2021 sale price ($12.5k) and the 2016 sale price ($130k)?
    This is the most critical question. It may indicate a previous sale that was not at arm's length, a significant change in the unit's title or ownership structure, or a data entry error. Clarifying this with a real estate professional is essential.

  2. What are the monthly condo fees, and what do they cover?
    For a unit with this profile, understanding the financial health of the condominium corporation and the specifics of the fee structure is paramount. Fees can significantly impact overall affordability.

  3. Given the building's age (1956), what are the known condition issues or recent major repairs?
    Prospective buyers should inquire about the state of major building systems (roof, plumbing, electrical), the unit's own condition, and whether the corporation has a robust reserve fund for future repairs.

  4. How does the "basement: no" designation affect the unit?
    This likely means the unit is at or above ground level, which is a positive for light and avoidance of basement moisture issues. Confirming its exact floor level is recommended.

  5. Is this a cash-only purchase, or is financing available?
    Given the very low assessed value, some lenders may be hesitant to provide a traditional mortgage. Buyers should investigate financing options early to understand if this would need to be a cash transaction.

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