Property score
36.5
Below average
Overall 36.5 · Smaller and older than most nearby homes
544 sqft (bottom 7%) · Built in 1955 (53 yrs older than avg)
Located in a above-average income area with median household income of ~67k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 14 dining spots, 3 schools, 3 healthcare facilitys, and 2 shops nearby
Living Area
Below average
43% smaller than neighborhood avg.
Year Built
Below average
53 yrs older than neighborhood avg.
Mother tongue
English · 76%Tagalog · 5%
Past 10 years Lord Roberts sales snapshot (~80% of all data)
279
320k
$261/sqft
2008
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36.5 is composed by the two sections below.
Property Score
Community Score
Lord Roberts
How to read: Share of sales in each ~$50k price band for “lord roberts” (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: #46110451
$67K
Median household income
$74K
Average household income
14%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
40%
Single-person households
14%
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
2-523 Osborne Street — 33 amenities found within 500 m, across 8 categories, including 14 dining (nearest 57 m), 3 education (nearest 114 m), 3 healthcare (nearest 377 m).
Lord Roberts · WPS public data · 2026
Annual incidents
42
2026
vs. city avg
+42%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
74%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 4% | Bottom 1% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview: 2-523 Osborne Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, 544 sqft property built in 1955, located on Osborne Street in the Lord Roberts neighbourhood. Its most defining characteristic is its exceptionally low assessed value, which ranks in the bottom 1-2% compared to homes on its street, in its area, and citywide. The living space is also notably smaller than most comparable properties.
The primary appeal lies in its position as a highly accessible entry point into a central and desirable Winnipeg neighbourhood. It suits a very specific buyer: someone seeking the lowest possible cost of entry to own property in the area, likely prioritizing location over space. This could be an ideal first-time buyer with a tight budget, an investor looking for a minimal-cost rental unit, or someone seeking a minimalist, low-overhead lifestyle in the heart of the city. A less obvious perspective is that a property with such a low fixed cost base (like taxes tied to assessment) can provide significant financial flexibility, allowing an owner to invest in renovations over time while still maintaining below-average carrying costs.
Section 2: Frequently Asked Questions
1. Why is the assessed value so low?
While the exact municipal assessment formula isn't public, a value this far below area averages typically reflects the property's smaller size, older age, and likely its specific condition or unit type (possibly a smaller condominium or fractional share of the building).
2. What type of dwelling is this?
The address format ("2-523") and the listing of several units at the same street number suggest this is one unit within a multi-unit property, such as a condominium, townhouse complex, or duplex.
3. Can I get the exact historical sale price?
The public data shows a sale between $50k-$100k in 2021. The listing service offers to provide the exact sale price upon request via email, which they handle manually.
4. What are the ongoing costs (like condo fees)?
This listing does not include that information. Any offer should be conditional on a review of the status certificate (for a condo) or a full disclosure of monthly fees, special levies, and the building's reserve fund.
5. Is this a good investment?
Its potential hinges on the specific financials (fees, condition, rental rates) not detailed here. The low entry cost reduces initial risk, but the very low assessment may also indicate limitations in appreciation potential or significant upcoming maintenance costs shared among owners. Thorough due diligence is essential.
