Property score
70.6
Good
Overall 70.6 · Compared with neighbourhood average
1,155 sqft (top 43%) · Built in 1997 (1 yr newer than avg)
Located in a above-average income area with median household income of ~77.5k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 place of worship nearby
Living Area
Near average
1% larger than neighborhood avg.
Year Built
Near average
1 yrs newer than neighborhood avg.
Mother tongue
English · 85%French · 2%
Past 10 years Elmhurst sales snapshot (~80% of all data)
73
245k
$231/sqft
1996
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70.6 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110352
$78K
Median household income
$102K
Average household income
12%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.6
P90 / P10 ratio
46%
Single-person households
19%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
7-480 Chalfont Road — 1 amenities found within 500 m, across 1 categories.
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 23% | Top 5% | Top 2% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 31% | Top 16% | Top 7% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This condominium at 7-480 Chalfont Road in Elmhurst presents a compelling blend of space, value, and established community living. Its key appeal lies in its generous 1,155 sqft living area, which ranks well above average for both the immediate street and citywide, offering more room than typical condo layouts. The property’s standout feature is its assessed value of $500k, which places it in the elite top 3% for the Elmhurst neighborhood and citywide, suggesting a premium build quality, desirable location, or significant upgrades relative to its peers. Built in 1997, the unit is part of a mature, well-established complex, and it includes a renovated basement, adding functional living or storage space.
This home would suit buyers looking for a spacious, low-maintenance property without sacrificing the feel of a larger house. It’s ideal for downsizers seeking ample room for hobbies or family visits, or for professionals wanting a turn-key home in a stable neighborhood. The data indicates it’s a premium offering within its condo community, appealing to those who prioritize above-average interior space and perceived value in their investment.
Frequently Asked Questions
1. What does the "Elite" assessed value ranking mean for property taxes?
While an "Elite" ranking indicates the unit is valued among the highest in its comparison groups, property taxes are based on the mill rate applied to this assessed value. Prospective buyers should budget for taxes commensurate with a $500k assessment.
2. The unit sold for $410k in 2017 and $505k in 2022. What might this indicate?
This significant appreciation over five years could reflect market trends, substantial renovations (like the basement), or a correction to its premium standing within the complex. It underscores the unit's history as a strong-value property in recent years.
3. Are there any concerns with a 1997 build date?
While not old, buildings from this era may be due for updates to major common elements like roofing, windows, or building envelopes. A review of the condo corporation's reserve fund study and minutes is essential to understand any pending special assessments or maintenance projects.
4. With four other units sharing the same address, how is privacy and noise?
The proximity of units at 1-480 through 6-480 Chalfont Road suggests a townhouse-style or closely-situated condo complex. Insulation quality and building layout will greatly influence noise transfer; visiting at different times of day is recommended to gauge this.
5. The living area is above average, but how does the layout feel?
A higher square footage is a major advantage, but the flow and division of space are key. The inclusion of a renovated basement likely adds flexible living area, but it's important to see if the main living levels are also well-proportioned and bright.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
