402-110 Princess Street

Built 1907Living Area 1,604 sqft
Sale History
SOLDin Apr 2019
400K±5,0009yr +8.1%
Tax Assessment
439k(prev. 425k)
+14k(+3.3%)
DateSold PriceNeighbourhood
2019-04Sold400K±5,0006/31
2010-06Sold370K±5,00011/41

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

Map
Above average1,604 sqft · top 13% in area · built 1907 · 18 yrs older than avg
$
High-income areaMedian household income ~$56K · top tier income demographics
1-min walk to transit5 nearby routes · score 100/100
Score

Property score

Overall score
59.5Fair
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
57
Fair
Community Score
63.2
Fair
Income
60
Education
82
Housing
42
Core need
50
Employment
76
Rankings

How it stacks up

Each metric compared against 71 homes on Princess Street, 439 in Exchange District, and 26,841 citywide. Polygon points further from the centre = better rank.
Living Area
1,604 sqft
ABOVE AVERAGE
StreetTop 3%AreaTop 13%CityTop 6%
Same street
Top 3%
#2 / 71
Top 13%
#59 / 439
Citywide
Winnipeg
Top 6%
#1,509 / 26,841
Tax-Assessed Value
439 k
ABOVE AVERAGE
StreetTop 4%AreaTop 17%CityTop 10%
Same street
Top 4%
#3 / 71
Top 17%
#76 / 439
Citywide
Winnipeg
Top 10%
#2,729 / 26,841
Year Built
1907
BELOW AVERAGE
StreetTop 17%AreaBottom 45%CityBottom 1%
Same street
Top 17%
#12 / 71
Bottom 45%
#241 / 439
Citywide
Winnipeg
Bottom 1%
#26,605 / 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 ▼
402-110 Princess Street: Living Area Analysis

Street Level (Princess Street): Above Average. Ranked #2 out of 71 (Top 3%). The street average for comparable homes is 1,018 sqft.

Neighborhood Level (Exchange District): Above Average. Ranked #59 out of 439 (Top 13%). The neighborhood average for comparable homes is 1,125 sqft.

Citywide Level (Winnipeg): Above Average. Ranked #1,509 out of 26,841 (Top 6%). The citywide average for comparable homes is 1,042 sqft.

402-110 Princess Street: Tax-Assessed Value Analysis

Street Level (Princess Street): Above Average. Ranked #3 out of 71 (Top 4%). The street average for comparable homes is 302.6k.

Neighborhood Level (Exchange District): Above Average. Ranked #76 out of 439 (Top 17%). The neighborhood average for comparable homes is 344.4k.

Citywide Level (Winnipeg): Above Average. Ranked #2,729 out of 26,841 (Top 10%). The citywide average for comparable homes is 276.9k.

402-110 Princess Street: Year Built Analysis

Street Level (Princess Street): Above Average. Ranked #12 out of 71 (Top 17%). The street average for comparable homes is 1909.

Neighborhood Level (Exchange District): Below Average. Ranked #241 out of 439 (Bottom 45%). The neighborhood average for comparable homes is 1925.

Citywide Level (Winnipeg): Below Average. Ranked #26,605 out of 26,841 (Bottom 1%). 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 #46110667 · Statistics Canada 2021 Census · Population 850
850
Population (2021)
31.2
Median age
2.0
Avg household size
2,931 / km²
Population density
Distribution by household income band
0-5k
4%
5k-10k
1%
10k-15k
3%
15k-20k
4%
20k-25k
5%
25k-30k
8%
30k-35k
4%
35k-40k
4%
40k-45k
5%
45k-50k
5%
50k-60k
12%
60k-70k
8%
70k-80k
5%
80k-90k
9%
90k-100k
4%
100k-125k
8%
125k-150k
4%
150k-200k
4%
200k plus
4%
$56K
Median household income
$72K
Average household income
38%
Low income (LIM-AT)
0.4
Income inequality (Gini)
6.5
P90 / P10 ratio
53%
Single-person households
13%
Families with children
75%
Labour participation
11%
Unemployment
Local · Day-to-day

Transit, amenities & safety

Everything within walking distance, plus crime and waste collection.

Nearby Amenities

Dining, education, healthcare, shopping & more

402-110 Princess Street — 71 amenities found within 500 m, across 8 categories, including 48 dining (nearest 40 m), 3 education (nearest 220 m), 6 shopping (nearest 337 m).

Search radius
🍽️Dining48
🏫Education3
🛒Shopping6
🌳Parks7
💪Sports2
🏦Finance1
Worship3
🏛️Government1

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 402-110 Princess Street. No advertising. Data source details →

Related homes

Highlights & common questions

Is this home right for you?

Property highlights

Property Overview & Appeal

This condominium at 402-110 Princess Street is a distinctive property in Winnipeg's historic Exchange District. Its key characteristic is its exceptionally generous living space of 1,604 sqft, which places it in the top 3% of units on Princess Street and the top 6% citywide. This sets it apart from the typical condo offering. The building itself dates back to 1907, offering authentic historic character. Despite its age, the property maintains an assessed value that is above average for its area, suggesting well-maintained fundamentals.

The appeal lies in the rare combination of historic ambiance and expansive, modern-sized living areas within a condo format. It suits a specific buyer: someone seeking an urban lifestyle who prioritizes space over new construction, such as a professional needing a large home office, an art collector, or a buyer who values architectural heritage and is prepared for the nuances of a century-old building. A less obvious perspective is its potential as a "space value" proposition—where the cost per square foot in such a central location could compare favorably to newer, but much smaller, downtown condos.

Frequently Asked Questions

1. What are the monthly condo fees, and what do they cover?
This information is not provided in the available data. A direct inquiry with the property listing or condo corporation is essential to understand the fees and their specific inclusions (e.g., heat, water, building insurance, reserve fund contributions).

2. Are there any parking options with this unit?
The details page does not specify parking. In the historic Exchange District, parking can range from dedicated indoor spots to street permits or nearby lots. This is a critical point to clarify with the seller or property manager.

3. How recently have major building systems (roof, windows, plumbing) been updated?
Given the building's age (1907), understanding the state and upgrade history of major capital items is crucial. This information would typically be found in a recent reserve fund study or status certificate.

4. The last sale was in 2019 for $400k. Why is the assessed value so much lower?
Property assessments in Manitoba for tax purposes are not intended to reflect current market value. They are based on a mass appraisal system and can lag behind rapid market changes, especially in unique or historic properties. The sale price is a more direct indicator of market value at that time.

5. What is the building's policy on rentals or Airbnb?
This is a key question for both investors and owner-occupants concerned about building occupancy. The condo corporation's bylaws will outline any rental restrictions, which are common in many buildings.