38.3
Below average
Property score
38.3
Below average
Overall 38.3
Compared with neighbourhood average
425 sqft (bottom 33%)
Built in 1960 (14 yrs older than avg)
Located in a above-average income area
with median household income of ~70k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 4 dining spots, 5 healthcare facilitys, 2 shops, and 7 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
37% smaller than neighborhood avg.
Year Built
Near average
14 yrs older than neighborhood avg.
Mother tongue
English · 72%French · 8%
Past 10 years Glenwood sales snapshot (~80% of all data)
21
111.3k
$266/sqft
1974
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38.3 is composed by the two sections below.
Property Score
Community Score
Glenwood
How to read: Share of sales in each ~$50k price band for “glenwood” (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: #46110562
$70K
Median household income
$81K
Average household income
12%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.3
P90 / P10 ratio
41%
Single-person households
16%
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
5-2 Carriere Avenue — 20 amenities found within 500 m, across 5 categories, including 4 dining (nearest 184 m), 5 healthcare (nearest 122 m), 2 shopping (nearest 129 m).
Glenwood · WPS public data · 2026
Annual incidents
26
2026
vs. city avg
-12%
relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
62%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 27% | Bottom 19% | Bottom 2% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 20% | Bottom 14% | Bottom 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview & Key Characteristics
This is a compact, 425 sqft condominium at 5-2 Carriere Avenue in Winnipeg's Glenwood neighbourhood. Built in 1960, it is one of the older units on its street, which can sometimes mean simpler, more durable construction. Its primary appeal lies in its affordability and low carrying costs, as evidenced by its modest assessed value and past sale prices in the $9.5k-$12.5k range. The unit ranks as average or slightly below average in size and value within its immediate area, but is significantly smaller and more affordable than the typical Winnipeg home.
This property would suit a very specific buyer: someone seeking the absolute lowest possible entry point into homeownership, an investor looking for a minimal-cost rental property, or a buyer who prioritizes location and basic shelter over space. It is not suited for those needing room for a family or modern, expansive living areas.
Frequently Asked Questions
1. What are the monthly condo fees, and what do they cover?
This information is not provided in the public data. A buyer must contact the property manager or condo board directly to get the current fee amount and a detailed breakdown of what utilities, maintenance, or amenities are included.
2. Is this a good investment property?
Given the very low purchase price, the barrier to entry is minimal. Its viability as a rental depends entirely on the monthly condo fees, the rental rates for similar micro-units in Glenwood, and the building's rules regarding rentals. The potential for significant capital appreciation may be limited compared to larger properties.
3. How does the "below average" citywide ranking affect me?
While the unit is small compared to the Winnipeg average, this is reflected in its price. For the right buyer, this isn't a drawback but the source of its affordability. It means you are purchasing a functional, private space for a fraction of the cost of a standard house or larger condo.
4. The unit sold twice recently (2019, 2021). Is that a concern?
The short ownership periods could indicate investor turnover or simply personal circumstances. It's a point to investigate, but not an automatic red flag. Reviewing the condo corporation's health and minutes would be more important to uncover any underlying building issues.
5. What should I look for in a building this age?
A 1960s building may have well-built fundamentals but aging components. An inspection is crucial. Specifically, ask about the condition of major systems like plumbing and electrical, the building's envelope and windows, and the status of the reserve fund for future repairs like roof replacement or balcony repairs.
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