8-303 Leola Street

Built 1958Living Area 875 sqft
Sale History
SOLDin Apr 2022
140K±5,000↘10yr -6.7%
Tax Assessment
157k(prev. 143k)
+14k(+9.8%)
DateSold PriceNeighbourhood
2022-04Sold140K±5,0001/3
2012-05Sold150K±5,0004/5

Rankings reflect the property's sold price position within its street, neighbourhood, and all of Winnipeg in the year of sale.

Map
↑
Above average875 sqft · top 8% in area · built 1958 · 0 yrs newer than avg
$
High-income areaMedian household income ~$77K · top tier income demographics
→
1-min walk to transit2 nearby routes · score 82/100
Score

Property score

Overall score
49.6● Low
How is the score calculated? ▼
Scores are weighted aggregates of property attributes (size, age, lot, sales activity) and community signals from the 2021 Statistics Canada census (income, education, housing stress, employment). 100 = top of metric within Winnipeg.
Property Score
36.4
Low
Living area
32
Year built
43
Sales activity
53
Community Score
69.5
Fair
Income
75
Education
22
Housing
93
Core need
100
Employment
83
Rankings

How it stacks up

Each metric compared against 12 homes on Leola Street, 12 in Kern Park, and 26,841 citywide. Polygon points further from the centre = better rank.
Living Area
875 sqft
● ABOVE AVERAGE
StreetTop 8%AreaTop 8%CityBottom 33%
Same street
Top 8%
#1 / 12
Same area
Top 8%
#1 / 12
Citywide
Winnipeg
Bottom 33%
#17,973 / 26,841
Tax-Assessed Value
157 k
● NEAR AVERAGE
StreetTop 25%AreaTop 25%CityBottom 12%
Same street
Top 25%
#3 / 12
Same area
Top 25%
#3 / 12
Citywide
Winnipeg
Bottom 12%
#23,564 / 26,841
Year Built
1958
● ABOVE AVERAGE
StreetTop 8%AreaTop 8%CityBottom 6%
Same street
Top 8%
#1 / 12
Same area
Top 8%
#1 / 12
Citywide
Winnipeg
Bottom 6%
#25,207 / 26,841
How rankings work — each polygon vertex is the property's percentile rank within that scope. Further from the centre = better.
Detailed ranking analysis ▼
8-303 Leola Street: Living Area Analysis

Street Level (Leola Street): Above Average. Ranked #1 out of 12 (Top 8%). The street average for comparable homes is 762 sqft.

Neighborhood Level (Kern Park): Above Average. Ranked #1 out of 12 (Top 8%). The neighborhood average for comparable homes is 762 sqft.

Citywide Level (Winnipeg): Below Average. Ranked #17,973 out of 26,841 (Bottom 33%). The citywide average for comparable homes is 1,042 sqft.

8-303 Leola Street: Tax-Assessed Value Analysis

Street Level (Leola Street): Around Average. Ranked #3 out of 12 (Top 25%). The street average for comparable homes is 135.3k.

Neighborhood Level (Kern Park): Around Average. Ranked #3 out of 12 (Top 25%). The neighborhood average for comparable homes is 135.3k.

Citywide Level (Winnipeg): Below Average. Ranked #23,564 out of 26,841 (Bottom 12%). The citywide average for comparable homes is 276.9k.

8-303 Leola Street: Year Built Analysis

Street Level (Leola Street): Above Average. Ranked #1 out of 12 (Top 8%). The street average for comparable homes is 1958.

Neighborhood Level (Kern Park): Above Average. Ranked #1 out of 12 (Top 8%). The neighborhood average for comparable homes is 1958.

Citywide Level (Winnipeg): Below Average. Ranked #25,207 out of 26,841 (Bottom 6%). The citywide average for comparable homes is 1990.

Market

Kern Park market pulse

Past 14 years sales snapshot (~80% of all data)
Sold count
23
last 14 years
Median price
139k
14-year area median
Price per sqft
$173/sqft
area average
Avg build year
1958
area average
Market conditions · Winnipeg
Sales-to-New-Listings?
Seller's market
63.5%
Buyer'sBalancedSeller's
Sold
1,465
New listings
2,307
Sold above asking?
Last 7 days
Majority over ask
62%
Below ask62% above
70 of 113 sold above asking
What this means
Upward pressure
Demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
2026-04

How to read: Share of sales in each ~$50k price band for “kern park” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

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Weekly report
Winnipeg Real Estate Market Report — Jun 1–7, 2026
A tale of two timelines this week: nearly two-thirds of homes closed within 10 days at a steep over-asking premium, while everything that lingered past two weeks sold at a discount. The market is rewarding speed almost without exception.
Realtor recommended · 1 / 2
4 Bedrooms, Steps from U of M An Ideal Home for Living or Renting
In-depth Fort Richmond home review near University of Manitoba. 4-bed detached, 1,921 sqft, public sales records in 2016…
Read review →
Monthly report
Highest May Detached Average on Record $477,313
Winnipeg Real Estate Market Data · May 2026 : Average sets a record May, recovery signals converge — 2026's first month with sales above the 5-year average. Detached $477,313 (highest May on record) · Condo $294,703 (just shy of the 2025 record) Three "2026 firsts": sales above 5-yr avg · listings above last year · Condo sales above last year
Community deep dive

Who lives in this neighbourhood

Dissemination area #46110837 · Statistics Canada 2021 Census · Population 407
407
Population (2021)
36.4
Median age
2.3
Avg household size
3,700 / km²
Population density
Distribution by household income band
20k-25k
3%
25k-30k
6%
30k-35k
3%
35k-40k
3%
40k-45k
3%
45k-50k
3%
50k-60k
11%
60k-70k
8%
70k-80k
11%
80k-90k
8%
90k-100k
8%
100k-125k
17%
125k-150k
11%
150k-200k
6%
$77K
Median household income
$88K
Average household income
13%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
30%
Single-person households
22%
Families with children
75%
Labour participation
5%
Unemployment
Local · Day-to-day

Transit, amenities & safety

Everything within walking distance, plus crime and waste collection.

Nearby Amenities

Dining, education, healthcare, shopping & more

8-303 Leola Street — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 391 m), 3 parks (nearest 236 m).

Search radius
🏫Education1
🌳Parks3
⛪Worship1

Crime & safety

Kern Park · WPS public data
Full crime data →
Annual incidents
1
2026
vs. city average
-97%
▲ relative to avg
Year-over-year
▼ -99%
vs. prior year
Primary type
Violent
100% of incidents

We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 8-303 Leola Street. No advertising. Data source details →

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Highlights & common questions

Is this home right for you?

Property highlights

Property Overview: 8-303 Leola Street, Winnipeg

Section 1: Key Characteristics & Appeal

This is a well-maintained, 875 sqft condo in Kern Park, built in 1958. Its primary appeal lies in its strong standing within its immediate community. The living space is notably above average for both its street and neighbourhood, ranking in the top 8%. Similarly, its assessed value is above the local average, suggesting it is a well-regarded unit in its peer group. This creates a value proposition: you get more space for your dollar within Kern Park compared to many neighbouring units.

The property suits practical, value-conscious buyers. It’s ideal for a first-time homeowner seeking an established, spacious condo without a premium price tag, or for an investor looking for a stable rental in a neighbourhood where this unit outperforms local benchmarks. A less obvious perspective is its potential appeal to those who prefer character and established building quality over newer, sometimes smaller, constructions. While its city-wide rankings for value and age are lower, this highlights that its true strength is as a large, affordable anchor within its own community, not as a city-leading luxury unit.

Section 2: Frequently Asked Questions

1. How does this condo compare in size to others nearby?
At 875 sqft, it is larger than most comparable homes on Leola Street and in the Kern Park area, ranking 1st out of 12 locally.

2. Is the assessed value high or low?
The assessed value of $14,300k is above the local average for similar properties but below the Winnipeg city-wide average. This indicates it is a higher-value property within its specific neighbourhood context.

3. When was it last sold and for how much?
It sold in April 2022. The exact sale price is not publicly listed, but available data indicates a range between $12.50k and $15.50k.

4. What does the "Top 94%" city-wide ranking for year built mean?
This means the building is older than approximately 94% of comparable properties across Winnipeg. It confirms the building is from 1958, which is typical for the immediate area but older than the city's average.

5. How can I find out the exact historical sale price?
The listing service offers to provide the exact sold price via email upon request, stating they aim to reply manually by the end of the same day.