205-3420 Grant Avenue

Elmhurst, Winnipeg

Property score

64.0

Fair

Overall 64.0 · Smaller than most nearby homes

966 sqft (bottom 20%) · Built in 1993 (3 yrs older than avg)

Located in a above-average income area with median household income of ~87k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 4 dining spots, 1 school, 1 healthcare facility, and 1 shop nearby

Living Area

Below average

15% smaller than neighborhood avg.

Year Built

Below average

3 yrs older than neighborhood avg.

Mother tongue

English · 78%Punjabi · 4%

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

Sold Count

73

Median price

245k

$/sqft

$231/sqft

Avg build year

1996

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Property score

64.0 is composed by the two sections below.

Property Score

53.4Fair
Living Area42
966 sqftLow
Year Built81
1993Excellent
Neighbourhood Sales Activity37
Low

Community Score

80.0Excellent
Household Income79
Good
Education Level82
Excellent
Housing Stress93
Excellent
Core Housing Need88
Excellent
Employment Health60
Fair

Neighbourhood Sales

Elmhurst

How to read: Share of sales in each ~$50k price band for “elmhurst” (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: #46110353

Community deep dive

$87K

Median household income

$114K

Average household income

8%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.6

P90 / P10 ratio

34%

Single-person households

23%

Families with children

Population, labour & age

Population (2021)555
Labour force participation rate57%
Median age49.2
Avg household size2.1
Unemployment rate5%
Population density3083 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households34%
Couple families with children23%
Median household income (2020)$87K

Housing

Renter households22%
Condominium dwellings26%
Median dwelling value (owners)$360K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority15%
Bachelor's or higher (25–64)40%
Mother tongue (1st)English · 78%
Mother tongue (2nd)Punjabi · 3%

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

Rankings

Living Area

around average
966 sqft
0255075100
Same streetTop 43%Same areaBottom 20%CitywideBottom 47%
Same street · Grant Avenue
#196 / 459
Top 43% · Avg 946 sqft
Same area · Elmhurst
#119 / 148
Bottom 20% · Avg 1,140 sqft
Citywide · Winnipeg
#14,294 / 26,841
Bottom 47% · Avg 1,042 sqft

Tax-Assessed Value

around average
199k
0255075100
Same streetTop 47%Same areaBottom 18%CitywideBottom 38%
Same street · Grant Avenue
#217 / 459
Top 47% · Avg 201.7k
Same area · Elmhurst
#122 / 148
Bottom 18% · Avg 274.4k
Citywide · Winnipeg
#16,654 / 26,841
Bottom 38% · Avg 256.1k

Year Built

above average
1993
0255075100
Same streetTop 24%Same areaBottom 38%CitywideTop 45%

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

205-3420 Grant Avenue — 11 amenities found within 500 m, across 7 categories, including 4 dining (nearest 216 m), 1 education (nearest 262 m), 1 healthcare (nearest 212 m).

Search radius
🍽️Dining4
🏫Education1
🏥Healthcare1
🛒Shopping1
🌳Parks2
🏦Finance1
Worship1

Crime & Safety

Elmhurst · WPS public data · 2026

Annual incidents

5

2026

vs. city avg

-83%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

80%

Sales History

Sold 4/2023CA$150k–200k
Sold price

Same street

Top 44%

Same area

Bottom 8%

City-wide

Bottom 36%

Related homes

Highlights & common questions: 205-3420 Grant Avenue, Winnipeg

Property Overview: 205-3420 Grant Avenue

Key Characteristics & Appeal

This is a 966 sqft condominium located in the Elmhurst area of Winnipeg, built in 1993. The unit has no basement, garage, or private land. Its primary appeal lies in its exceptional value and competitive positioning within its immediate area. While its size and assessed value place it in the lower tiers city-wide, it ranks very highly within its specific street and neighborhood. It surpasses 98% of homes on its street and 100% within the Elmhurst community for overall value ranking, indicating it is one of the most competitively priced options in this locale. A 2023 sale at $200,000, closely aligned with its current $199,000 assessment, suggests a stable and transparent market value.

This property would suit first-time buyers or investors seeking an affordable entry point into a well-established neighborhood. It’s also a practical fit for downsizers or those seeking a low-maintenance lifestyle without the responsibilities of yard work or exterior upkeep. A less obvious perspective is its appeal to a data-driven buyer who appreciates its strong relative performance against immediate comparables, even if its city-wide metrics are modest. It represents a "best-in-class" value within its specific micro-market.

Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings show how this property compares to others in three areas: its street, the wider Elmhurst community, and all of Winnipeg. For example, being in the "top 2%" on its street for value means it is priced more competitively than 98% of its direct neighbors.

2. Are there any monthly condo fees?
The provided details do not include this critical information. Any offer should be conditional on a review of the condo corporation's financial statements, reserve fund study, and bylaws to understand monthly fees and rules.

3. Why is the city-wide ranking much lower than the local ranking?
This is common for smaller, older condos without premium features. It highlights that this property's standout value is hyper-local. It may not be a top-tier property across the entire city, but it is a leading option within Elmhurst and on Grant Avenue.

4. What are the potential downsides of no garage?
Residents will rely on street or surface parking. This means dealing with winter snow clearing regulations, less security for vehicles, and no private storage space for tools, bicycles, or seasonal items.

5. The build year is 1993. What should I be concerned about?
While not a new build, a 33-year-old building should have had major systems updated. An inspection is crucial to check the condition of the roof, windows, plumbing, and electrical systems. The health of the condo corporation's reserve fund for these future repairs is equally important.