216-139 Market Avenue

Built 1912Living Area 795 sqft
Sale History
SOLDin Apr 2023
220K±5,000
Tax Assessment
260k(prev. 258k)
+2k(+0.8%)
DateSold PriceNeighbourhood
2023-04Sold220K±5,00026/34

Rankings reflect the property's sold price position within its street, neighbourhood, and all of Winnipeg in the year of sale.

Map
Below average795 sqft · top 75% in area · built 1912 · 13 yrs older than avg
$
High-income areaMedian household income ~$75K · top tier income demographics
3-min walk to transit6 nearby routes · score 92/100
Score

Property score

Overall score
42.2Low
How is the score calculated? ▼
Scores are weighted aggregates of property attributes (size, age, lot, sales activity) and community signals from the 2021 Statistics Canada census (income, education, housing stress, employment). 100 = top of metric within Winnipeg.
Property Score
19.1
Low
Community Score
76.8
Good
Income
75
Education
91
Housing
52
Core need
76
Employment
83
Rankings

How it stacks up

Each metric compared against 79 homes on Market Avenue, 439 in Exchange District, and 26,841 citywide. Polygon points further from the centre = better rank.
Living Area
795 sqft
BELOW AVERAGE
StreetTop 27%AreaBottom 25%CityBottom 22%
Same street
Top 27%
#21 / 79
Bottom 25%
#330 / 439
Citywide
Winnipeg
Bottom 22%
#20,975 / 26,841
Tax-Assessed Value
260 k
BELOW AVERAGE
StreetTop 24%AreaBottom 28%CityTop 45%
Same street
Top 24%
#19 / 79
Bottom 28%
#316 / 439
Citywide
Winnipeg
Top 45%
#12,141 / 26,841
Year Built
1912
ABOVE AVERAGE
StreetTop 1%AreaTop 18%CityBottom 3%
Same street
Top 1%
#1 / 79
Top 18%
#79 / 439
Citywide
Winnipeg
Bottom 3%
#26,078 / 26,841
How rankings work — each polygon vertex is the property's percentile rank within that scope. Further from the centre = better.
Detailed ranking analysis ▼
216-139 Market Avenue: Living Area Analysis

Street Level (Market Avenue): Around Average. Ranked #21 out of 79 (Top 27%). The street average for comparable homes is 724 sqft.

Neighborhood Level (Exchange District): Below Average. Ranked #330 out of 439 (Bottom 25%). The neighborhood average for comparable homes is 1,125 sqft.

Citywide Level (Winnipeg): Below Average. Ranked #20,975 out of 26,841 (Bottom 22%). The citywide average for comparable homes is 1,042 sqft.

216-139 Market Avenue: Tax-Assessed Value Analysis

Street Level (Market Avenue): Around Average. Ranked #19 out of 79 (Top 24%). The street average for comparable homes is 229.5k.

Neighborhood Level (Exchange District): Below Average. Ranked #316 out of 439 (Bottom 28%). The neighborhood average for comparable homes is 344.4k.

Citywide Level (Winnipeg): Around Average. Ranked #12,141 out of 26,841 (Top 45%). The citywide average for comparable homes is 276.9k.

216-139 Market Avenue: Year Built Analysis

Street Level (Market Avenue): Above Average. Ranked #1 out of 79 (Top 1%). The street average for comparable homes is 1912.

Neighborhood Level (Exchange District): Above Average. Ranked #79 out of 439 (Top 18%). The neighborhood average for comparable homes is 1925.

Citywide Level (Winnipeg): Below Average. Ranked #26,078 out of 26,841 (Bottom 3%). The citywide average for comparable homes is 1990.

Market

Exchange District market pulse

Past 14 years sales snapshot (~80% of all data)
Sold count
317
last 14 years
Median price
240k
14-year area median
Price per sqft
$287/sqft
area average
Avg build year
1925
area average
Market conditions · Winnipeg
Sales-to-New-Listings?
Seller's market
63.5%
Buyer'sBalancedSeller's
Sold
1,465
New listings
2,307
Sold above asking?
Last 7 days
Majority over ask
62%
Below ask62% above
70 of 113 sold above asking
What this means
Upward pressure
Demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
2026-04

How to read: Share of sales in each ~$50k price band for “exchange district” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Community deep dive

Who lives in this neighbourhood

Dissemination area #46110669 · Statistics Canada 2021 Census · Population 1350
1,350
Population (2021)
36.4
Median age
1.7
Avg household size
1,421 / km²
Population density
Distribution by household income band
0-5k
1%
5k-10k
2%
10k-15k
2%
15k-20k
1%
20k-25k
3%
25k-30k
5%
30k-35k
3%
35k-40k
5%
40k-45k
4%
45k-50k
4%
50k-60k
7%
60k-70k
8%
70k-80k
8%
80k-90k
6%
90k-100k
5%
100k-125k
11%
125k-150k
5%
150k-200k
9%
200k plus
11%
$75K
Median household income
$126K
Average household income
17%
Low income (LIM-AT)
0.4
Income inequality (Gini)
6.2
P90 / P10 ratio
54%
Single-person households
7%
Families with children
71%
Labour participation
6%
Unemployment
Local · Day-to-day

Transit, amenities & safety

Everything within walking distance, plus crime and waste collection.

Nearby Amenities

Dining, education, healthcare, shopping & more

216-139 Market Avenue — 68 amenities found within 500 m, across 8 categories, including 49 dining (nearest 98 m), 3 education (nearest 128 m), 2 healthcare (nearest 262 m).

Search radius
🍽️Dining49
🏫Education3
🏥Healthcare2
🛒Shopping2
🌳Parks4
💪Sports4
🏦Finance3
Worship1

Crime & safety

Exchange District · WPS public data
Full crime data →
Annual incidents
48
2026
vs. city average
+63%
▲ relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
77% of incidents

We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 216-139 Market Avenue. No advertising. Data source details →

Related homes

Highlights & common questions

Is this home right for you?

Property highlights

Property Overview & Appeal

This 795 sqft condo at 216-139 Market Avenue is a distinctive property in Winnipeg’s historic Exchange District. Its key characteristic is its heritage, being built in 1912 and ranking as one of the oldest buildings on its street. The living space is above average for the immediate area but more compact compared to many condos across the wider district and city, suggesting an efficient layout in a prime location. With an assessed value that is strong for the street but moderate for the neighborhood, it presents a value-oriented entry point into a sought-after urban core.

The appeal lies in securing a piece of the city’s architectural history while enjoying a low-maintenance lifestyle downtown. It suits a specific buyer: perhaps a first-time buyer, an investor, or a professional seeking an authentic urban experience over modern square footage. It’s for someone who values character and location more than sheer size, and who is comfortable with the realities and charms of a century-old building.

Frequently Asked Questions

1. What does the ranking data actually mean for daily living?
The data shows you’re getting a relatively spacious unit for this specific block (top 27% for size on Market Ave), but a more historically significant property (top 1% for age on the street). In practical terms, you likely have better interior space than many neighbors, but the building itself will have the inherent traits of a 1912 construction.

2. Is the low assessed value a concern?
Not necessarily. It’s above average for the street and near the city-wide average, but below the Exchange District average. This can indicate a more affordable tax base while still being in the heart of the district. It often reflects the building's age and smaller unit size rather than desirability.

3. Who would this property not suit?
It may not suit those who prioritize brand-new appliances, open-concept modern layouts, or extensive private outdoor space. The building lacks a basement, which could limit storage options. It’s best for those who view historic features as charm, not inconvenience.

4. The building sold in April 2023. What does that recent turnover suggest?
A sale just over a year ago could indicate a few things: a successful investor flip, a change in an owner’s circumstances, or a property that meets a market need for affordable downtown housing. It suggests the property is liquid and in active market circulation.

5. What should I investigate about a building from 1912?
Beyond a standard inspection, inquire specifically about the building’s major system updates (roof, wiring, plumbing, windows) and the condo reserve fund’s health. Understanding how the condo corporation manages the ongoing maintenance of a historic structure is crucial.