Property score
42.4
Below average
Overall 42.4 · Smaller and older than most nearby homes
554 sqft (bottom 12%) · 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
23% 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
8-1056 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 4% | Bottom 8% | Bottom 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 8-1056 Grant Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, 554 sqft condo unit in the well-established Grant Park neighbourhood. Built in 1964, it is a modest property with a notably low municipal assessed value of $11,600. The data clearly positions it as a smaller and more affordable option compared to most homes on its street, in the area, and across Winnipeg. Its primary appeal lies in its accessibility. It represents a very low barrier to entry into a central, mature neighbourhood known for its amenities like the Grant Park Shopping Centre. This isn't a property for someone seeking space or modern finishes; instead, it suits a specific buyer looking for absolute minimal overhead. It would be ideal for a first-time investor seeking a rental property with a low initial tax and carrying cost, or an extremely budget-conscious individual (such as a student or retiree) who prioritizes location over square footage. A thoughtful perspective is that such a low assessment can sometimes indicate a need for significant updates, so its true value is for a buyer who sees potential in a basic shell or is comfortable with a no-frills living situation.
Frequently Asked Questions
1. Why is the assessed value so much lower than typical area properties?
Municipal assessments are based on factors like size, age, and market value. This unit's very small square footage and age place it in a lower value category compared to larger, newer homes or condos in Grant Park.
2. What does the sold price history tell me?
The listed sale in May 2021 for between $9.5k and $12.5k suggests the property transacts close to its assessed value. This consistency indicates a market that views it primarily as an affordable asset rather than a speculative investment.
3. Who is this property most suitable for?
It is best suited for an investor looking for a low-cost rental property with minimal property tax, or an owner-occupant with a very tight budget who values location above all else and is comfortable in a small, likely dated space.
4. Are there any obvious concerns with a property of this age and size?
Prospective buyers should be prepared for potential maintenance or updating needs common in buildings from the 1960s. The very small living area also requires consideration of personal space needs and the functionality of the layout.
5. How does it compare to other units in the same building?
The listing shows several other units at the same address (e.g., 10-1056, 12-1056). This suggests a multi-unit condo complex. Comparisons should be made on factors like unit orientation, interior condition, and specific condo fees, which are not detailed in this public data.
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