54 Cobourg Avenue

Glenelm, Winnipeg

Property score

68.5

Good

Overall 68.5 · Larger than most nearby homes

1,628 sqft (top 11%) · Built in 1913 (12 yrs older than avg)

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

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

Living Area

Above average

40% larger than neighborhood avg.

Year Built

Below average

12 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

68.5 is composed by the two sections below.

Property Score

61.8Fair
Living Area1,628 sqft83Excellent
Year Built191316Low
Lot Size3,002 sqft38Low
Neighbourhood Sales Activity61Fair

Community Score

78.6Good
Household Income82Excellent
Education Level54Fair
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health68Good

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
1,628 sqft
0255075100
Same streetTop 13%Same areaTop 11%CitywideTop 24%
Same street · Cobourg Avenue
#14 / 105
Top 13% · Avg 1,250 sqft
Same area · Glenelm
#92 / 842
Top 11% · Avg 1,165 sqft
Citywide · Winnipeg
#46,504 / 194,458
Top 24% · Avg 1,342 sqft

Tax-Assessed Value

above average
287k
0255075100
Same streetTop 18%Same areaTop 22%CitywideBottom 26%
Same street · Cobourg Avenue
#19 / 105
Top 18% · Avg 248.5k
Same area · Glenelm
#187 / 842
Top 22% · Avg 254.5k
Citywide · Winnipeg
#144,326 / 194,458
Bottom 26% · Avg 390.1k

Year Built

around average
1913
0255075100
Same streetBottom 39%Same areaBottom 39%CitywideBottom 10%

Lot Size

around average
3,002 sqft
0255075100
Same streetBottom 42%Same areaBottom 25%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

54 Cobourg Avenue — 11 amenities found within 500 m, across 6 categories, including 1 dining (nearest 424 m), 1 education (nearest 200 m), 1 shopping (nearest 473 m).

Search radius
🍽️Dining1
🏫Education1
🛒Shopping1
🌳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 10/2024CA$300k–350k
Sold price

Same street

Top 11%

Same area

Top 14%

City-wide

Bottom 45%

Related homes

Highlights & common questions: 54 Cobourg Avenue, Winnipeg

Property Overview: 54 Cobourg Avenue, Glenelm, Winnipeg

Key Characteristics & Appeal

This is a well-established, character home in the Glenelm neighbourhood, built in 1913. With 1,628 sqft of living space, it offers more room than most homes on its street and in the wider area, placing it in the top 11-13% locally. The home features a renovated basement and a detached garage. Its recent sale in late 2024 indicates a move-in-ready property in a stable, historic community.

The appeal lies in its above-average size for the area and its sense of established character. It suits buyers looking for a home with more space than typical in a mature neighbourhood, without the footprint or maintenance of a much larger, newer property. It would particularly resonate with those who value neighbourhood consistency—the home is very typical for its specific street in terms of age and lot size, suggesting a streetscape of similar vintage homes. A thoughtful perspective is that while its assessed value is strong locally, it sits below the citywide average, which may represent a relative value opportunity within Winnipeg’s broader market for a home of this size.

Frequently Asked Questions

1. How does the living space compare to nearby homes?
At 1,628 sqft, this home is notably larger than the average for both Cobourg Avenue (~1,250 sqft) and the Glenelm neighbourhood (~1,165 sqft).

2. What is the significance of the assessed value?
The assessed value of $28.70k is above average for the immediate area. It’s important to note that this is not a market valuation but a figure for municipal tax purposes, and it sits below the citywide average for assessed values.

3. Is the lot size typical for the area?
The 3,002 sqft lot is very close to the average for Cobourg Avenue. It is, however, smaller than the average lot for both the broader Glenelm neighbourhood and the city as a whole.

4. Can I find out the exact price it sold for in 2024?
The listed sale range is from public data. The exact sold price is available by request from the listing source, as they maintain a manual record of precise transaction figures.

5. What does the "Top X%" ranking mean for the Year Built?
A ranking of "Top 61%" for the 1913 build year means that 39% of comparable homes in the area are newer. Essentially, its age is very typical for this historic street and neighbourhood, where many homes were built in the early 20th century.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.