5-702 St Mary'S Road

Elm Park, ਵਿਨੀਪਿਗ

Property score

74.5

Good

Overall 74.5 · Older than most nearby homes

1,279 sqft (top 33%) · Built in 1998 (12 yrs older than avg)

Located in a high-income area with median household income of ~96k

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 7 dining spots, 2 schools, 2 shops, and 1 park nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Near average

3% larger than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Below average

12 yrs older than neighborhood avg.

Mother tongue

English · 87%French · 2%

Past 10 years Elm Park sales snapshot (~80% of all data)

Sold Count

13

Median price

353k

$/sqft

$284/sqft

Avg build year

2010

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Property score

74.5 is composed by the two sections below.

Property Score

69.9Good
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ1,279 sqft66Good
ਤਰੀਕ ਤੋਂ ਬਣਿਆ199884Excellent
Neighbourhood Sales Activity37Low

Community Score

81.4Excellent
Household Income83Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health52Fair

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Elm Park

How to read: Share of sales in each ~$50k price band for “elm park” (ਕੋਂਡੋ, 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: #46110614

Community deep dive

$96K

Median household income

$91K

Average household income

5%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

31%

Single-person households

23%

Families with children

Population, labour & age

Population (2021)420
Labour force participation rate55%
Median age45.6
Avg household size2.2
Unemployment rate9%
Population density3230 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households31%
Couple families with children23%
Median household income (2020)$96K

Housing

Renter households8%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)8%
Visible minority4%
Bachelor's or higher (25–64)41%
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.

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ ਤੋਂ ਉੱਪਰ
1,279 sqft
0255075100
Same streetਟਾਪ 40%Same areaਟਾਪ 33%Citywideਟਾਪ 20%
Same street · St Mary'S Road
#198 / 495
ਟਾਪ 40% · ਔਸਤ 1,191 sqft
Same area · Elm Park
#6 / 18
ਟਾਪ 33% · ਔਸਤ 1,245 sqft
Citywide · ਵਿਨੀਪਿਗ
#5,484 / 26,841
ਟਾਪ 20% · ਔਸਤ 1,042 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ ਤੋਂ ਉੱਪਰ
300k
0255075100
Same streetਹੇਠਲੇ 42%Same areaਹੇਠਲੇ 28%Citywideਟਾਪ 29%
Same street · St Mary'S Road
#286 / 495
ਹੇਠਲੇ 42% · ਔਸਤ 321.9k
Same area · Elm Park
#13 / 18
ਹੇਠਲੇ 28% · ਔਸਤ 315.8k
Citywide · ਵਿਨੀਪਿਗ
#7,743 / 26,841
ਟਾਪ 29% · ਔਸਤ 256.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ
1998
0255075100
Same streetਹੇਠਲੇ 40%Same areaਹੇਠਲੇ 28%Citywideਟਾਪ 42%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

5-702 St Mary'S Road — 15 amenities found within 500 m, across 6 categories, including 7 dining (nearest 199 m), 2 education (nearest 141 m), 2 shopping (nearest 202 m).

Search radius
🍽️Dining7
🏫Education2
🛒Shopping2
🌳Parks1
Fuel Stations1
Worship2

Crime & Safety

Elm Park · WPS public data · 2026

Annual incidents

8

2026

vs. city avg

-73%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

50%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

10/2024 ਵਿਚ ਵਿਕਿਆCA$300k–350k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਟਾਪ 36%

ਉਹੀ ਇਲਾਕਾ

ਟਾਪ 23%

ਪੂਰਾ ਸ਼ਹਿਰ

ਟਾਪ 16%

Related homes

ਵਿਨੀਪਿਗ 5-702 St Mary'S Road — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview

This 1,279 sqft condo at 5-702 St. Mary's Road in Elm Park presents a balanced urban living option. Built in 1998, it features a renovated basement and sits in a low-rise complex directly on a major arterial road. Its appeal lies in offering above-average space for a Winnipeg condo, providing more room than many city-wide alternatives while being priced accessibly within its immediate area. The recent sale in October 2024 suggests a refreshed market value.

It would suit a practical buyer looking for a spacious, low-maintenance home without venturing to the distant suburbs. It's ideal for those who prioritize interior square footage over a secluded location, as the setting on St. Mary's Road offers high convenience for commuters and access to amenities, but comes with the expected traffic and activity of a main thoroughfare. A first-time buyer or downsizer seeking value in space, and who is comfortable with a busier street environment, would find this a compelling fit.


Frequently Asked Questions

Is this a good value for the area?
The data suggests it is competitively positioned. While its assessed value is below average for Elm Park specifically, it is above average city-wide. You are essentially getting more square footage than the typical Winnipeg condo, which may offset the less premium location within the neighbourhood.

What are the implications of being directly on St. Mary's Road?
This guarantees excellent vehicle access and proximity to buses and services. The trade-off is potential for higher noise levels, dust, and less pedestrian tranquility compared to units set back on quieter side streets. It’s a classic convenience-versus-peace balance.

How does the renovated basement factor in?
The renovated basement effectively adds usable living space to the 1,279 sqft footprint. This is a significant functional advantage, providing flexibility for a home office, recreation room, or additional storage, which is not always available in condo living.

The building is from 1998. What should I consider?
Constructed 28 years ago, the building is in the phase where major components (like roofing, windows, elevators if present, and building systems) may be due for inspection, updates, or special assessments. Reviewing the condo corporation's reserve fund study and minutes is essential to understand future financial obligations.

Who are my immediate neighbours?
The listing shows several units within the same complex (e.g., 6-702, 1-704 St. Mary's Road). This indicates a multi-unit building or a cluster of townhouse-style condos. Understanding the demographics, rules, and community feel of this specific complex will be as important as the neighbourhood itself.

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