Property score
36.5
Below average
Overall 36.5 · Smaller and older than most nearby homes
570 sqft (bottom 10%) · 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
41% 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
5-523 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 20% | Bottom 6% | Bottom 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 5-523 Osborne Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, no-frills property in Winnipeg's Lord Roberts neighbourhood, directly on Osborne Street. Its key characteristic is its exceptionally low municipal assessed value ($9,200), placing it in the bottom 10% for the street and the bottom 2-4% citywide. The living space (570 sq ft) is also well below average for the area, and the building dates to 1955, making it older than most nearby homes.
The appeal lies squarely in its position as a minimal-entry point into a central, high-demand area. It suits a very specific type of buyer: an investor looking for a straightforward, low-cost rental opportunity, or a highly budget-conscious individual seeking the lowest possible price to gain a foothold in the neighbourhood. The value proposition is location over space or condition. A less obvious perspective is that such a low-assessment property could represent a calculated play for someone willing to invest in renovations, as the tax base would remain relatively low even after significant improvements. It’s a pragmatic choice for those prioritizing asset location and cash flow over immediate comfort or square footage.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than other properties on the same street?
The assessed value is based on factors like living area, age, and condition. At 570 sq ft and built in 1955, this unit is significantly smaller and older than the area average, which directly results in its lower valuation.
2. What type of living situation is this property?
The address format and proximity to identical unit numbers (e.g., 1-523, 2-523 Osborne) indicate this is almost certainly a condominium or apartment-style unit within a multi-unit building or complex, not a standalone house.
3. How current is the sold price information shown?
The last recorded sale was in 2017, with a price range of $100k-$150k. For the exact sale price, you must request it directly via the provided email service, as this data is manually verified.
4. Is this a good investment property?
Given its low assessed value and central location on Osborne, it has the fundamentals for a basic rental investment. However, its below-average size and age mean potential returns would depend heavily on current condition, condo fees (if applicable), and market rental rates for very compact units.
5. What does the "rank" and "top X%" data mean for me?
These metrics compare this property to others. For example, "Top 81%" for living area means its square footage is greater than only 81% of comparable units on Osborne Street—so it's in the smaller 19%. This data helps you objectively gauge how it stacks up against immediate and city-wide benchmarks for size, value, and age.
