46 Cobourg Avenue

Glenelm, Winnipeg

Property score

65.6

Good

Overall 65.6 · Larger than most nearby homes

1,446 sqft (top 20%) · Built in 1914 (11 yrs older than avg)

Located in a high-income area with median household income of ~94k

Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 4 parks, and 3 place of worships nearby

Living Area

Above average

24% larger than neighborhood avg.

Year Built

Near average

11 yrs older than neighborhood avg.

Mother tongue

English · 81%French · 3%

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

Sold Count

367

Median price

261.1k

$/sqft

$330/sqft

Avg build year

1925

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Property score

65.6 is composed by the two sections below.

Property Score

57.0Fair
Living Area75
1,446 sqftGood
Year Built16
1914Low
Lot Size38
3,001 sqftLow
Neighbourhood Sales Activity61
Fair

Community Score

78.6Good
Household Income82
Excellent
Education Level54
Fair
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

Neighbourhood Sales

Glenelm

How to read: Share of sales in each ~$50k price band for “glenelm” (Detached houses (non-condo), 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: #46110676

Community deep dive

$94K

Median household income

$110K

Average household income

12%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.2

P90 / P10 ratio

22%

Single-person households

25%

Families with children

Population, labour & age

Population (2021)532
Labour force participation rate64%
Median age37.2
Avg household size2.7
Unemployment rate5%
Population density4433 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households22%
Couple families with children25%
Median household income (2020)$94K

Housing

Renter households16%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority9%
Bachelor's or higher (25–64)28%
Mother tongue (1st)English · 81%
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
1,446 sqft
0255075100
Same streetTop 23%Same areaTop 20%CitywideTop 33%
Same street · Cobourg Avenue
#24 / 105
Top 23% · Avg 1,250 sqft
Same area · Glenelm
#165 / 842
Top 20% · Avg 1,165 sqft
Citywide · Winnipeg
#65,051 / 194,458
Top 33% · Avg 1,342 sqft

Tax-Assessed Value

above average
292k
0255075100
Same streetTop 14%Same areaTop 21%CitywideBottom 27%
Same street · Cobourg Avenue
#15 / 105
Top 14% · Avg 248.5k
Same area · Glenelm
#176 / 842
Top 21% · Avg 254.5k
Citywide · Winnipeg
#141,820 / 194,458
Bottom 27% · Avg 390.1k

Year Built

around average
1914
0255075100
Same streetTop 49%Same areaBottom 47%CitywideBottom 11%

Lot Size

around average
3,001 sqft
0255075100
Same streetBottom 35%Same areaBottom 24%CitywideBottom 11%

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

46 Cobourg Avenue — 10 amenities found within 500 m, across 5 categories, including 1 dining (nearest 460 m), 1 education (nearest 233 m), 4 parks (nearest 244 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks4
Worship3
🏛️Government1

Crime & Safety

Glenelm · WPS public data · 2026

Annual incidents

13

2026

vs. city avg

-56%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

69%

Sales History

Sold 7/2016CA$200k–250k
Sold price

Same street

Bottom 49%

Same area

Top 44%

City-wide

Bottom 21%

Related homes

Highlights & common questions: 46 Cobourg Avenue, Winnipeg

Property Overview: 46 Cobourg Avenue, Glenelm, Winnipeg

Key Characteristics & Appeal

This is a classic, century-old two-and-a-half storey home in the established Glenelm neighbourhood. With 1,446 sqft of living space, it offers above-average roominess for both its street and area, providing more interior space than many comparable homes nearby. It features a detached garage and a full, unrenovated basement, presenting a blank canvas for future development.

The primary appeal lies in its solid positioning within a desirable community. The home’s assessed value ranks notably high for Cobourg Avenue and Glenelm, suggesting it is viewed as a substantial property within its immediate context. This isn't a sprawling modern lot; the land is modest by city-wide standards but typical for the area, emphasizing a location where neighbourhood character and convenience often outweigh sheer lot size.

This property would suit a buyer who appreciates the charm and stability of a mature neighbourhood and is prepared for the stewardship of a 1914 home. It’s ideal for someone looking for a project—the basement and overall condition offer clear opportunities to add value through updates. It also appeals to the pragmatic buyer who understands that a strong assessment relative to nearby homes can be a positive indicator of underlying value and potential equity in a well-regarded locale.


Frequently Asked Questions

1. What does the assessed value ranking actually mean for me?
While the city-wide assessment ranking appears lower, the more relevant metrics are the street and neighbourhood rankings, where this home places in the top 21%. This indicates it is considered a above-average property within Glenelm itself, which can be more meaningful for local market value and appeal.

2. Is the unrenovated basement a major concern?
It’s a key consideration. It presents both a future opportunity for added living space and value, and a current responsibility for ensuring it is structurally sound and moisture-managed. A thorough inspection is essential.

3. How does the 1914 build year affect the home?
A home of this age will likely have original character but will also require diligent maintenance. Buyers should budget for potential updates to older systems like plumbing, wiring, or windows, while appreciating the enduring craftsmanship of the era.

4. The last sale was in 2016; is that a red flag?
Not necessarily. A nine-year ownership period suggests stability and could indicate a well-cared-for home. It does, however, mean recent comparable sales on this exact property are not available, making a professional valuation particularly important.

5. The living area is above average for the area, but the lot is below average. How should I weigh that?
This highlights a classic trade-off in mature neighbourhoods: more interior space on a efficient lot. For buyers prioritizing living space, garden size, or future additions, this is an important balance to consider. It underscores the home’s focus on interior utility over expansive outdoor space.