212-3420 Grant Avenue

Elmhurst, Winnipeg

Property score

73.4

Good

Overall 73.4 · Compared with neighbourhood average

1,200 sqft (top 36%) · 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

Near average

5% larger 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

73.4 is composed by the two sections below.

Property Score

69.0Good
Living Area1,200 sqft66Good
Year Built199381Excellent
Neighbourhood Sales Activity37Low

Community Score

80.0Excellent
Household Income79Good
Education Level82Excellent
Housing Stress93Excellent
Core Housing Need88Excellent
Employment Health60Fair

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

above average
1,200 sqft
0255075100
Same streetTop 16%Same areaTop 36%CitywideTop 26%
Same street · Grant Avenue
#72 / 459
Top 16% · Avg 946 sqft
Same area · Elmhurst
#53 / 148
Top 36% · Avg 1,140 sqft
Citywide · Winnipeg
#7,071 / 26,841
Top 26% · Avg 1,042 sqft

Tax-Assessed Value

around average
227k
0255075100
Same streetTop 37%Same areaBottom 37%CitywideBottom 49%
Same street · Grant Avenue
#170 / 459
Top 37% · Avg 201.7k
Same area · Elmhurst
#93 / 148
Bottom 37% · Avg 274.4k
Citywide · Winnipeg
#13,649 / 26,841
Bottom 49% · 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

212-3420 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 5/2023CA$200k–250k
Sold price

Same street

Top 33%

Same area

Bottom 22%

City-wide

Bottom 43%

Related homes

Highlights & common questions: 212-3420 Grant Avenue, Winnipeg

Property Summary: 212-3420 Grant Avenue, Winnipeg

Key Characteristics & Appeal

This is a well-maintained, 1,200 sqft condo unit in Elmhurst, built in 1993. Its primary appeal lies in its exceptional competitive standing within its immediate area. The property ranks in the top 2% of its street and the top 0% of its entire neighborhood for size, indicating it offers more space than nearly all comparable local options. It also ranks highly for its age within the community, being newer than 90% of surrounding homes.

The unit suits practical buyers looking for a spacious, established condo in a mature neighborhood without the maintenance responsibilities of a house. Its recent sale in 2023 for $216,000, close to its current assessed value, suggests a stable and transparent market value. The appeal is grounded in value-for-space and stability rather than luxury features, making it ideal for first-time buyers, downsizers, or investors seeking a straightforward rental property with a proven price point.

Frequently Asked Questions

1. What do the ranking percentages actually mean for me?
They are a relative measure of how this property compares to others. For example, ranking in the top 0% for size in its neighborhood means it is more spacious than every single similar property used in the comparison, which is a significant advantage for a condo.

2. The assessment value is higher than the 2023 sale price. Why?
Municipal assessments for tax purposes often use mass appraisal techniques and may not reflect the exact final negotiated sale price on a given day. The close alignment (assessment of $227,000 vs. sale at $216,000) shows the sale was in line with the city’s valuation.

3. Are there any major concerns with a building from 1993?
Buildings of this age are typically past any initial "shakedown" issues but will have a documented history of major repairs or replacements (like roofing, windows, or elevators). Reviewing the condo corporation's reserve fund study and minutes is crucial to understand its financial health and upcoming projects.

4. Who is this property not suited for?
It may not suit buyers seeking a brand-new build, those who require a private garage, or anyone wanting a property that significantly leads its area in assessed value, as it ranks higher for size and age than for its monetary value within the broader market.

5. The rankings for value/price are much lower than for size. Is that bad?
Not necessarily. It indicates that while you are getting a relatively large space for the area, the price point remains accessible compared to many other properties in Winnipeg. This can be seen as an opportunity to acquire more square footage without paying a top-tier premium.

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