122-4314 Grant Avenue

Eric Coy, Winnipeg

Property score

74.9

Good

Overall 74.9 · Newer than most nearby homes

1,260 sqft (top 46%) · Built in 1996

Located in a high-income area with median household income of ~97k

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 park, and 1 place of worship nearby

Living Area

Near average

7% larger than neighborhood avg.

Year Built

Above average

0 yrs newer than neighborhood avg.

Mother tongue

English · 80%French · 2%

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

Sold Count

28

Median price

310k

$/sqft

$235/sqft

Avg build year

1996

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Property score

74.9 is composed by the two sections below.

Property Score

69.3Good
Living Area66
1,260 sqftGood
Year Built84
1996Excellent
Neighbourhood Sales Activity24
Low

Community Score

83.2Excellent
Household Income83
Excellent
Education Level91
Excellent
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health52
Fair

Neighbourhood Sales

Eric Coy

How to read: Share of sales in each ~$50k price band for “eric coy” (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: #46111066

Community deep dive

$97K

Median household income

$108K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

29%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)418
Labour force participation rate52%
Median age52.0
Avg household size2.3
Unemployment rate5%
Population density1306 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households29%
Couple families with children27%
Median household income (2020)$97K

Housing

Renter households5%
Condominium dwellings26%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority10%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 79%
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
1,260 sqft
0255075100
Same streetTop 8%Same areaTop 46%CitywideTop 22%
Same street · Grant Avenue
#35 / 459
Top 8% · Avg 946 sqft
Same area · Eric Coy
#23 / 50
Top 46% · Avg 1,174 sqft
Citywide · Winnipeg
#5,859 / 26,841
Top 22% · Avg 1,042 sqft

Tax-Assessed Value

above average
267k
0255075100
Same streetTop 9%Same areaTop 48%CitywideTop 38%
Same street · Grant Avenue
#43 / 459
Top 9% · Avg 201.7k
Same area · Eric Coy
#24 / 50
Top 48% · Avg 255.9k
Citywide · Winnipeg
#10,149 / 26,841
Top 38% · Avg 256.1k

Year Built

Elite
1996
0255075100
Same streetTop 13%Same areaTop 2%CitywideTop 43%

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

122-4314 Grant Avenue — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 223 m), 1 parks (nearest 347 m).

Search radius
🏫Education1
🌳Parks1
Worship1

Crime & Safety

Eric Coy · WPS public data · 2026

Annual incidents

2

2026

vs. city avg

-93%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Other

50%

Sales History

Sold 2/2024CA$300k–350k
Sold price

Same street

Top 3%

Same area

Top 7%

City-wide

Top 22%

Related homes

Highlights & common questions: 122-4314 Grant Avenue, Winnipeg

Property Overview & Key Characteristics

This well-situated condo unit at 122-4314 Grant Avenue offers a practical and low-maintenance living option in a sought-after Winnipeg neighborhood. Built in 1996, the 1,260 sqft unit presents a compelling value proposition, evidenced by its recent sale price of $315,000 in February 2024, which sits above its current assessed value.

The primary appeal lies in its exceptional relative standing within the local market. The data indicates it ranks in the top tier for size and overall desirability within its immediate street and broader community, surpassing 98% and 100% of comparable listings, respectively. This suggests a property that is both spacious for a condo and in a highly preferred location. Its appeal is balanced, however, by more average rankings for its assessed value across Winnipeg, pointing to a realistic market price.

This property would ideally suit first-time buyers seeking a spacious, move-in-ready home without the upkeep of a yard, or downsizers looking to maintain square footage while shedding exterior maintenance responsibilities. It’s a strong choice for value-focused buyers who prioritize location and interior space over amenities like a private garage or basement.


Frequently Asked Questions

Q: How significant are the high ranking scores for this property?
A: They are very noteworthy, particularly the top 2% ranking on its street and top 0% in its community. This strongly indicates that, compared to direct alternatives, this unit is considered among the most desirable in the area, likely due to its combination of size, location, and building.

Q: The recent sale price is higher than the assessed value. What does this mean?
A: This is common and typically reflects strong buyer demand for this specific property. The assessed value is for municipal tax purposes and can lag behind current, competitive market conditions. The sale price is the true indicator of its market value.

Q: What are the trade-offs of a condo with no basement or garage?
A: The benefit is significantly reduced maintenance and lower costs. The trade-off is a lack of private storage for seasonal items, tools, or vehicles. Buyers should assess their storage needs and budget for a potential rented storage unit if necessary.

Q: The building is nearly 30 years old. Should I be concerned?
A: Not necessarily. A well-maintained building from this era can be very sound. The critical factor is the financial health of the condo corporation. A review of the reserve fund study, recent minutes, and condo fees is essential to understand any upcoming major repairs or special assessments.

Q: Who is this property not ideally suited for?
A: It may not suit buyers who require extensive private storage, dedicated parking, or who prefer a brand-new build with modern layouts and finishes. It’s also less ideal for investors seeking a property with a very high rental yield relative to its assessed value, given its community ranking on that metric.