Property score
50.3
Fair
Overall 50.3 · Newer than most nearby homes
676 sqft (bottom 37%) · Built in 1977
Located in a above-average income area with median household income of ~82k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 1 school, 1 shop, and 2 parks nearby
Living Area
Below average
18% smaller than neighborhood avg.
Year Built
Above average
0 yrs newer than neighborhood avg.
Mother tongue
English · 88%French · 1%
Past 10 years Marlton sales snapshot (~80% of all data)
60
192k
$217/sqft
1977
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50.3 is composed by the two sections below.
Property Score
Community Score
Marlton
How to read: Share of sales in each ~$50k price band for “marlton” (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: #46111102
$82K
Median household income
$97K
Average household income
10%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.1
P90 / P10 ratio
45%
Single-person households
13%
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
5-407 Oakdale Drive — 6 amenities found within 500 m, across 4 categories, including 2 dining (nearest 317 m), 1 education (nearest 198 m), 1 shopping (nearest 417 m).
Marlton · WPS public data · 2025
Annual incidents
13
2025
vs. city avg
-56%
relative to avg
Year-over-year
▼ -28%
vs. prior year
Primary type
Property
69%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 50% | Top 50% | Bottom 19% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 35% | Bottom 35% | Bottom 12% |
Request exact sold prices and history by email
Address · Distance
Address · Tax-Assessed Value
Property Summary: 5-407 Oakdale Drive, Winnipeg
Key Characteristics & Appeal
This is a compact, well-maintained condo unit in the Marleton neighbourhood, built in 1977. With 676 square feet of living space, no basement, and no private garage, it represents an efficient, low-maintenance housing option. Its primary appeal lies in its exceptional value and financial accessibility, as evidenced by its recent sale price and modest assessment value. The data reveals a less obvious but significant strength: its remarkable competitive standing within its immediate area. It ranks in the top 1% of its street and top 0% of its neighbourhood for overall property value, suggesting it is a standout, well-regarded unit in a desirable location. This unit would perfectly suit first-time buyers seeking an affordable entry into the market, investors looking for a stable rental property, or downsizers wanting to simplify their lifestyle without leaving a familiar community.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings show how this property compares to others. For example, being in the "top 1% on its street" for value means it is estimated to be more valuable than 99% of the other 172 properties on Oakdale Drive, indicating a prime position within the immediate area.
2. Is the lack of a basement or garage a major drawback?
For some buyers, yes. It limits storage and may not suit those with multiple vehicles. However, this translates to zero maintenance for those spaces and is a key reason for the unit's affordability and appeal to those seeking a truly lock-and-leave lifestyle.
3. The home is almost 50 years old. Should I be concerned?
The building's age is typical for the area. The more relevant indicator is its consistent sale history (selling in 2022 and again in 2024) and its high relative value ranking, which suggests the building has been maintained well and remains in demand.
4. Why did it sell for more than its assessed value in 2024?
This is common and reflects a strong market where buyer demand pushed the final sale price above the municipal assessment, which is often calculated for tax purposes and can lag behind current market trends.
5. Who is responsible for exterior and structural maintenance?
As a condo unit, the corporation is responsible for the building exterior, roof, foundations, and common areas. Your fees cover these major expenses, which is a significant benefit for budgeting compared to a standalone home.
