Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Roslyn Road): Below Average. Ranked #647 out of 660 (Bottom 2%). The street average for comparable homes is 830 sqft.
Neighborhood Level (Roslyn): Below Average. Ranked #1,455 out of 1,471 (Bottom 1%). The neighborhood average for comparable homes is 1,077 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #26,434 out of 26,841 (Bottom 2%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Roslyn Road): Below Average. Ranked #649 out of 660 (Bottom 2%). The street average for comparable homes is 199.2k.
Neighborhood Level (Roslyn): Below Average. Ranked #1,455 out of 1,471 (Bottom 1%). The neighborhood average for comparable homes is 278.1k.
Citywide Level (Winnipeg): Below Average. Ranked #26,014 out of 26,841 (Bottom 3%). The citywide average for comparable homes is 276.9k.
Street Level (Roslyn Road): Around Average. Ranked #248 out of 660 (Top 38%). The street average for comparable homes is 1966.
Neighborhood Level (Roslyn): Below Average. Ranked #938 out of 1,471 (Bottom 36%). The neighborhood average for comparable homes is 1969.
Citywide Level (Winnipeg): Below Average. Ranked #23,496 out of 26,841 (Bottom 12%). The citywide average for comparable homes is 1990.
Roslyn market pulse
How to read: Share of sales in each ~$50k price band for “roslyn” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
- Exact sold prices
- Detailed market analysis
- PDF report download
- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
1403-230 Roslyn Road — 45 amenities found within 500 m, across 8 categories, including 26 dining (nearest 359 m), 1 education (nearest 334 m), 2 healthcare (nearest 332 m).
Crime & safety
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Is this home right for you?
Property Overview: 1403-230 Roslyn Road, Winnipeg
Key Characteristics & Appeal
This is a compact, 520 sqft condominium in Winnipeg's Roslyn neighbourhood, built in 1965. Its primary characteristic is its exceptionally low price point, with an assessed value of $105k—significantly below area and city averages. The appeal lies squarely in affordability and location. It represents a rare entry point into a central neighbourhood, offering a minimalist footprint with minimal property tax obligations. This unit would suit a very specific buyer: a first-time purchaser seeking absolute cost minimization, an investor looking for a low-cost rental unit, or someone downsizing who prioritizes financial freedom and location over space. A thoughtful perspective is that this property trades square footage for opportunity—the savings on mortgage and taxes could be redirected toward lifestyle, travel, or investments. It’s a practical choice for those who view a home as a base rather than a primary living space.
Frequently Asked Questions
1. Why is the price so much lower than other properties in the area?
The price reflects the unit's very small size (520 sqft), which is less than half the neighbourhood average. This, combined with its age and likely condo fee structure, positions it as an affordable alternative in a desirable area.
2. What type of lifestyle does this condo support?
It supports a minimalist, low-overhead lifestyle. It's ideal for someone who is rarely home, travels light, or spends most of their time out in the community. It is not suited for those who work from home regularly, have many possessions, or entertain guests often.
3. Are there any hidden costs I should consider?
Beyond the mortgage, you must budget for monthly condominium fees, which cover shared building expenses. It is crucial to review the condo corporation's financial health, reserve fund, and fee history, as these can significantly impact your carrying costs.
4. How does the recent sale price compare to the assessed value?
The property sold between $100k-$150k in late 2023. The assessed value of $105k falls within that range, suggesting the assessment is closely aligned with its recent market value as an affordable, small-unit sale.
5. Is this a good investment property?
Its low entry cost could make it easier to cash-flow as a rental, given the strong demand for affordable rentals in central Winnipeg. However, investment potential depends heavily on the condo rules allowing rentals, the stability of condo fees, and the specific rental market for very compact units.