Property score
83.6
Excellent
Overall 83.6 · Larger and newer than most nearby homes
2,061 sqft (top 3%) · Built in 2006 (81 yrs newer than avg)
Located in a above-average income area with median household income of ~75k
Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 32 dining spots, 3 schools, 3 healthcare facilitys, and 1 shop nearby
Living Area
Above average
83% larger than neighborhood avg.
Year Built
Above average
81 yrs newer than neighborhood avg.
Mother tongue
English · 81%French · 3%
Past 10 years Exchange District sales snapshot (~80% of all data)
317
240k
$287/sqft
1925
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83.6 is composed by the two sections below.
Property Score
Community Score
Exchange District
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.
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: #46110669
$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
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
603-290 Waterfront Drive — 47 amenities found within 500 m, across 8 categories, including 32 dining (nearest 14 m), 3 education (nearest 172 m), 3 healthcare (nearest 105 m).
Exchange District · WPS public data · 2026
Annual incidents
48
2026
vs. city avg
+63%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
77%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 3% | Top 2% | Top 1% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 1% | Top 1% | Top 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This is a spacious, high-value condominium in Winnipeg's Exchange District, offering over 2,000 square feet of living space within the 290 Waterfront Drive complex. Its primary appeal lies in its rare combination of generous interior space and a premier downtown location. The unit ranks in the top tier city-wide for both its size and assessed value, placing it among Winnipeg's most substantial condo offerings. Built in 2006, it is a modern residence within a historic neighbourhood. The property suits buyers who prioritize space and location over a detached home, such as empty-nesters seeking a low-maintenance downtown lifestyle, professionals desiring a prestigious and central address, or those looking for a condo that feels more like a full-sized urban apartment. It’s a fit for someone who values statistical rarity—owning a property that outperforms over 99% of Winnipeg homes in key metrics—but who also appreciates the character and vibrancy of the Exchange District.
Frequently Asked Questions
1. What does the "Elite" ranking mean for value and size?
The data indicates this unit's living area and assessed value consistently place it in the top 1-4% of all comparable properties in Winnipeg. This means it is exceptionally large and highly valued compared to most condos and homes city-wide.
2. The building was constructed in 2006. Is that considered old for a condo?
While newer than many buildings on its street, 2006 is relatively modern, especially for the Exchange District where many buildings are historic. The ranking shows it is above average for age within the neighbourhood, suggesting it offers modern conveniences within a classic area.
3. Why is there a significant difference between the assessed value and past sale prices?
The current assessed value is $900K. It last sold for $970K in 2022, and previously for $1.2M in 2017. This variance can reflect market fluctuations, specific unit upgrades, or assessment methodologies. It's important to review recent comparable sales and condo financials for current market context.
4. What is the neighbourhood and building like?
The unit is in the 290 Waterfront Drive complex, part of the historic Exchange District. This area is known for its architectural character, arts scene, restaurants, and proximity to The Forks. The building itself is a mid-2000s concrete structure, likely offering stability and soundproofing.
5. Who might this property not suit?
It may not be ideal for first-time buyers on a tight budget, given its premium price point. Those seeking a brand-new build, a suburban setting, or a very small, low-maintenance space might also find it a less perfect fit. The condo fees and specifics of the building's rules and reserve fund would be important considerations for any buyer.
