202-3915 Grant Avenue

Varsity View, Winnipeg

Property score

65.0

Good

Overall 65.0 · Larger and newer than most nearby homes

1,042 sqft (top 11%) · 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

Above average

11% larger 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

65.0 is composed by the two sections below.

Property Score

56.0Fair
Living Area52
1,042 sqftFair
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

above average
1,042 sqft
0255075100
Same streetTop 39%Same areaTop 11%CitywideTop 44%
Same street · Grant Avenue
#177 / 459
Top 39% · Avg 946 sqft
Same area · Varsity View
#8 / 76
Top 11% · Avg 936 sqft
Citywide · Winnipeg
#11,872 / 26,841
Top 44% · Avg 1,042 sqft

Tax-Assessed Value

above average
206k
0255075100
Same streetTop 42%Same areaTop 8%CitywideBottom 41%
Same street · Grant Avenue
#191 / 459
Top 42% · Avg 201.7k
Same area · Varsity View
#6 / 76
Top 8% · Avg 174.9k
Citywide · Winnipeg
#15,903 / 26,841
Bottom 41% · 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

202-3915 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

202-3915 Grant Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 202-3915 Grant Avenue, Winnipeg

Property Overview

This is a 1,042 sqft condominium located in Winnipeg's established Varsity View neighbourhood. Built in 1978, it presents a practical and affordable entry point into a highly sought-after area near the University of Manitoba. Its core appeal lies in a combination of location and value. The property ranks exceptionally high for its size within its immediate community and the wider city, indicating it offers more space for the price than most comparable listings. It suits first-time buyers, investors looking for a rental property in a stable academic community, or downsizers seeking a low-maintenance lifestyle without leaving a prime location. A thoughtful perspective is that while the unit itself is a standard 1970s build, its standout asset is the land it sits on—the desirable Grant Avenue corridor—which provides lasting value beyond the interior finishes.

Key Details & FAQs

  • Key Characteristics: Unit 202 at 3915 Grant Avenue. No basement, no garage. Built in 1978. 1,042 square feet of living space.
  • Market Position: The property's assessed value is $206,000. Data suggests it offers notable value for its space, ranking in the top tier for size within its neighbourhood and city-wide.
  • Target Buyer: Ideal for the value-conscious buyer prioritizing location over new construction, including first-time homeowners, investors, and downsizers.

Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Varsity View, and across all of Winnipeg. For example, ranking in the top 0-2% for size means it is larger than nearly all similar properties in the area, which is a significant advantage for a condo.

2. Is the 1978 build year a concern?
While not new, the building is from a period of solid construction. The focus for a buyer should be on the condo corporation's reserve fund study, financial health, and any recent major repairs (like roofing or windows) to understand future fee stability.

3. Who is this property not for?
It may not suit buyers seeking modern open-concept layouts, private outdoor space, or on-site parking (like a garage), as these are not indicated as features.

4. What are the benefits of the Varsity View location?
This neighbourhood offers proximity to the University of Manitoba, major transit routes along Grant Avenue, and retail amenities. It provides a quiet, established community feel with excellent accessibility.

5. Why is there no price listed, only an assessed value?
The assessed value ($206,000) is for municipal tax purposes. The actual list or sale price is set by the seller and the market. The assessment is a useful benchmark but not a guaranteed selling price.