306-3927 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
180k
0255075100
Same streetBottom 41%Same areaTop 42%CitywideBottom 30%
Same street · Grant Avenue
#271 / 459
Bottom 41% · Avg 201.7k
Same area · Varsity View
#32 / 76
Top 42% · Avg 174.9k
Citywide · Winnipeg
#18,891 / 26,841
Bottom 30% · 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

306-3927 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

306-3927 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: 306-3927 Grant Avenue, Winnipeg

Property Summary: 306-3927 Grant Avenue, Winnipeg

Key Characteristics & Appeal

This is a well-situated condo unit in the established Varsity View neighbourhood. Built in 1978, its primary appeal lies in its exceptional location and relative value. The unit itself, at 905 sqft, offers a practical living space. The standout feature is its competitive positioning within the market: it ranks in the top 0% of properties across the entire city for its land area component, suggesting a favourable share of the condominium's overall grounds or a rare footprint for the area. This is paired with a very affordable assessed value, placing it in the lower tier for the neighbourhood and city, which presents a clear entry point into a desirable location.

The property would suit pragmatic, value-conscious buyers looking to access a mature community like Varsity View without a detached home price tag. It's ideal for first-time buyers, downsizers, or investors seeking a low-maintenance property in a stable area with strong long-term fundamentals due to its proximity to the University of Manitoba and other amenities. A less obvious perspective is that while the unit's living space is modest compared to others, its superior land ranking hints at a potential qualitative advantage—perhaps better light, privacy, or outdoor access—that isn't captured by square footage alone.

Frequently Asked Questions

1. What does "top 0% for land area" mean for a condo?
This ranking compares the land component attributed to this unit against others. For a condo, it typically reflects your share of the building's total land. A very high rank suggests this unit's portion is larger than most, which can positively influence property value and may relate to its positioning within the building complex.

2. The living space is ranked lower (top 80%). Is the unit small?
At 905 sqft, the unit is a comfortable size for many, but the ranking indicates a majority of homes in Winnipeg are larger. This is a trade-off for the location and value, making it efficient rather than expansive.

3. Why is the assessed value ranked so low (top 91%)?
The assessed value is notably affordable compared to other properties in Winnipeg. This reflects the municipality's valuation for tax purposes and suggests a lower cost basis, which can be attractive for property taxes and as a market entry point, though the sale price may differ.

4. Is the 1978 build date a concern?
The building is nearly 50 years old, which is reflected in its middle-tier age ranking. This means due diligence on the condominium's reserve fund study and the health of its major systems (roof, windows, plumbing) is essential. Well-managed older buildings can offer great value and character.

5. Who manages the condominium corporation, and what are the fees?
This information is not provided in the public data. A buyer must review the condo documents to understand the monthly fees, what they cover, the financial health of the corp, and any pending special assessments.