Property score
42.4
Below average
Overall 42.4 · Smaller and older than most nearby homes
533 sqft (bottom 3%) · Built in 1964 (4 yrs older than avg)
Located in a above-average income area with median household income of ~70k
Transit 100.0 · 1-min walk to transit with 5 nearby routes · Within 500m: 5 dining spots, 2 schools, 2 healthcare facilitys, and 3 shops nearby
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Below average
4 yrs older than neighborhood avg.
Mother tongue
English · 62%Tagalog · 6%
Past 10 years Grant Park sales snapshot (~80% of all data)
125
155.5k
$245/sqft
1968
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42.4 is composed by the two sections below.
Property Score
Community Score
Grant Park
How to read: Share of sales in each ~$50k price band for “grant park” (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: #46110421
$70K
Median household income
$80K
Average household income
8%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
36%
Single-person households
22%
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
10-1056 Grant Avenue — 17 amenities found within 500 m, across 7 categories, including 5 dining (nearest 308 m), 2 education (nearest 465 m), 2 healthcare (nearest 271 m).
Grant Park · WPS public data · 2026
Annual incidents
16
2026
vs. city avg
-46%
relative to avg
Year-over-year
▼ -97%
vs. prior year
Primary type
Property
63%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 2% | Bottom 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This is a compact, 533-square-foot condo unit in the well-established Grant Park neighbourhood. Built in 1964, its key characteristic is its notably low assessed value, which ranks in the bottom 3-7% compared to similar properties on its street, in the area, and across Winnipeg. The living space is also significantly below average for comparable homes. Its appeal lies squarely in affordability and location. It represents a very low barrier to entry into a central, desirable area with mature amenities. This unit would suit a first-time buyer, an investor looking for a rental property with a minimal upfront cost, or someone seeking an extremely efficient, low-maintenance lifestyle who prioritizes location over interior space.
Frequently Asked Questions
1. Why is the assessed value so much lower than other properties?
The assessed value reflects factors like the unit's smaller size (533 sq ft) and its age. In a building from 1964, the overall condition, specific unit features, and potential condo corporation financial health can all influence valuation compared to newer or larger units.
2. What are the condo fees, and what do they cover?
This is the most critical question for any condo purchase. The listing data does not include this information. You must obtain the condo corporation's budget and bylaws to understand the monthly fees, what utilities or amenities they cover, and the size of the reserve fund for future repairs.
3. Is this a good investment opportunity?
Given the low assessed value and sold price history, the potential for strong rental yield relative to the purchase price could be attractive. However, investment viability depends heavily on the condo fees, rental demand in the building, and any upcoming special assessments for major repairs.
4. How does the building's age affect living here?
A 1964 building often features more solid construction but may have older mechanical systems (plumbing, electrical). The condition of common areas and the corporation's plan for updating these elements are important. Soundproofing between units can vary in buildings of this era.
5. What was the exact recent sold price?
The public data shows a sale in August 2021 for an estimated range. For precise historical sale prices, you can request the exact figure directly from the source of this data, as they offer to provide it via email.
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