103-3907 Grant Avenue

Varsity View, Winnipeg

Property score

61.1

Fair

Overall 61.1 · Newer than most nearby homes

905 sqft (bottom 45%) · Built in 1978

Located in a high-income area with median household income of ~92k

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 4 dining spots, 2 schools, 1 healthcare facility, and 1 shop nearby

Living Area

Near average

3% smaller than neighborhood avg.

Year Built

Above average

0 yrs newer than neighborhood avg.

Mother tongue

English · 77%Tagalog · 3%

Past 10 years Varsity View sales snapshot (~80% of all data)

Sold Count

45

Median price

151.3k

$/sqft

$181/sqft

Avg build year

1978

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Property score

61.1 is composed by the two sections below.

Property Score

49.5Low
Living Area42
905 sqftLow
Year Built67
1978Good
Neighbourhood Sales Activity42
Low

Community Score

78.4Good
Household Income81
Excellent
Education Level82
Excellent
Housing Stress63
Fair
Core Housing Need76
Good
Employment Health76
Good

Neighbourhood Sales

Varsity View

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

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111103

Community deep dive

$92K

Median household income

$131K

Average household income

6%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

29%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)659
Labour force participation rate62%
Median age44.4
Avg household size2.4
Unemployment rate0%
Population density2353 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households29%
Couple families with children30%
Median household income (2020)$92K

Housing

Renter households32%
Condominium dwellings16%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority10%
Bachelor's or higher (25–64)44%
Mother tongue (1st)English · 77%
Mother tongue (2nd)Tagalog · 3%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
905 sqft
0255075100
Same streetBottom 47%Same areaBottom 45%CitywideBottom 40%
Same street · Grant Avenue
#243 / 459
Bottom 47% · Avg 946 sqft
Same area · Varsity View
#42 / 76
Bottom 45% · Avg 936 sqft
Citywide · Winnipeg
#16,108 / 26,841
Bottom 40% · Avg 1,042 sqft

Tax-Assessed Value

around average
189k
0255075100
Same streetBottom 45%Same areaTop 32%CitywideBottom 34%
Same street · Grant Avenue
#253 / 459
Bottom 45% · Avg 201.7k
Same area · Varsity View
#24 / 76
Top 32% · Avg 174.9k
Citywide · Winnipeg
#17,776 / 26,841
Bottom 34% · Avg 256.1k

Year Built

Elite
1978
0255075100
Same streetTop 36%Same areaTop 1%CitywideBottom 34%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

103-3907 Grant Avenue — 11 amenities found within 500 m, across 6 categories, including 4 dining (nearest 109 m), 2 education (nearest 222 m), 1 healthcare (nearest 273 m).

Search radius
🍽️Dining4
🏫Education2
🏥Healthcare1
🛒Shopping1
🌳Parks2
🏦Finance1

Crime & Safety

Varsity View · WPS public data · 2026

Annual incidents

6

2026

vs. city avg

-80%

relative to avg

Year-over-year

-93%

vs. prior year

Primary type

Property

83%

Sales History

Sold 2/2018CA$150k–200k
Sold price

Same street

Bottom 37%

Same area

Top 42%

City-wide

Bottom 19%

Related homes

Highlights & common questions: 103-3907 Grant Avenue, Winnipeg

Property Summary: 103-3907 Grant Avenue, Winnipeg

Section 1: Overview & Appeal

This is a 905 sqft condominium unit in the established Varsity View neighbourhood, built in 1978. Its key characteristic is its exceptional value position within the local market. The data indicates it ranks in the top 0-2% of properties in its immediate area for overall size, suggesting it offers more space than nearly all comparable units on its street and in the wider community. This creates a compelling proposition: a relatively spacious home in a central, mature neighbourhood at an accessible price point, with a current assessed value of $189,000.

The appeal lies in this combination of location, space, and affordability. It suits first-time buyers seeking an entry into a desirable neighbourhood without the maintenance of a house, or downsizers looking to rightsize into a manageable, single-level home while staying in a familiar and convenient area. A less obvious perspective is its potential for a buyer who prioritizes living space over modern finishes; the 1978 build date suggests a classic, functional layout that may offer more room than newer, more expensive condos with similar square footage. The lack of a garage or basement is a trade-off for the low-maintenance lifestyle.

Section 2: Frequently Asked Questions

1. What are the monthly condo fees, and what do they cover?
This is the most critical question, as fees directly impact affordability. The listing does not include this information; a buyer must obtain the condo corporation's financial statements and bylaws to understand the fee amount, what utilities or services are included, and the health of the reserve fund.

2. Why is the assessed value higher than the 2018 sale price?
The assessed value of $189,000 reflects the city's valuation for tax purposes, which considers market trends. The 2018 sale at $164,000 is a historical data point. The current market value will be determined by recent comparable sales, condition, and buyer demand.

3. What is the building's condition and any upcoming special assessments?
Given the building's age (48 years), understanding the state of major common elements like the roof, windows, plumbing, and elevators is essential. Reviewing condo meeting minutes is necessary to identify any planned major repairs that could lead to special fees.

4. How does the "top 0%" ranking work if the unit is 905 sqft?
The ranking is relative. In this specific condo building and among similar properties on Grant Avenue, this unit appears to be one of the largest available, hence its high percentile rank. Compared to all housing types (like detached homes) in Winnipeg, its square footage is naturally smaller.

5. What is the parking situation?
The listing notes no garage. Prospective buyers should clarify if there is dedicated surface parking, a rented stall, or only street parking, and understand any associated costs or permit requirements from the city.