6-702 St Mary'S Road

Elm Park, Winnipeg

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

Living Area

Near average

3% larger than neighborhood avg.

Year Built

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
Living Area1,279 sqft66Good
Year Built199884Excellent
Neighbourhood Sales Activity37Low

Community Score

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

Neighbourhood Sales

Elm Park

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

Rankings

Living Area

above average
1,279 sqft
0255075100
Same streetTop 40%Same areaTop 33%CitywideTop 20%
Same street · St Mary'S Road
#198 / 495
Top 40% · Avg 1,191 sqft
Same area · Elm Park
#6 / 18
Top 33% · Avg 1,245 sqft
Citywide · Winnipeg
#5,484 / 26,841
Top 20% · Avg 1,042 sqft

Tax-Assessed Value

above average
308k
0255075100
Same streetBottom 45%Same areaBottom 39%CitywideTop 27%
Same street · St Mary'S Road
#270 / 495
Bottom 45% · Avg 321.9k
Same area · Elm Park
#11 / 18
Bottom 39% · Avg 315.8k
Citywide · Winnipeg
#7,207 / 26,841
Top 27% · Avg 256.1k

Year Built

around average
1998
0255075100
Same streetBottom 40%Same areaBottom 28%CitywideTop 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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

6-702 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%

Sales History

Sold 10/2024CA$350k–400k
Sold price

Same street

Top 26%

Same area

Top 8%

City-wide

Top 10%

Related homes

Highlights & common questions: 6-702 St Mary'S Road, Winnipeg

Property Summary: 6-702 St. Mary's Road, Elm Park, Winnipeg

Key Characteristics & Appeal

This is a well-sized, late-90s condo in the established Elm Park neighbourhood. With 1,279 sqft of living space and a renovated basement, it offers more room than the average Winnipeg home. Its appeal lies in a balanced, middle-of-the-road profile within its immediate area: it’s not the newest or most lavishly assessed property on the street, but it consistently performs above the citywide average for both size and value. This suggests a solid, no-surprises unit in a desirable location without a premium price tag for the neighbourhood.

The recent sale price significantly exceeded both the assessed value and the local average, indicating strong buyer competition and a belief in the underlying value. It would suit practical buyers looking for space and stability over flash—perhaps downsizers from a larger house who still want ample room, or first-time buyers seeking a foothold in a mature neighbourhood without the upkeep of an older character home. It’s a choice for those who value quiet, long-term livability over trendiness.

Frequently Asked Questions

1. How does this condo’s size compare practically?
At 1,279 sqft, it is notably larger than the typical Winnipeg home (1,042 sqft), offering space comparable to many single-family houses. Within Elm Park specifically, it sits right around the average for similar properties.

2. Does the sold price being higher than the assessed value mean it was overpaid for?
Not necessarily. Assessed value is for municipal tax purposes and often lags behind the market. The sale price reflects what multiple buyers were willing to pay in the current market, suggesting strong perceived value for the space, location, and condition.

3. What does the “around average” ranking for the neighbourhood mean?
For key metrics like living area and assessed value, this property ranks in the middle third of comparable homes in Elm Park. This typically indicates a lower risk of being over-improved for the area or, conversely, of needing significant updates to catch up.

4. The building is from 1998. What should I consider?
A 28-year-old building is past its initial warranty period. A prudent buyer will closely review the condo corporation’s reserve fund study, recent minutes, and any planned major repairs (like roofing, windows, or balconies) to understand future fee stability.

5. Who is responsible for the renovated basement?
As this is a condo, the unit’s interior, including any basement renovations, is almost certainly the owner’s responsibility. It’s essential to verify that any renovations were completed with proper permits and in compliance with condo bylaws.

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