3403 Grant Avenue

Varsity View, Winnipeg

Property score

62.3

Fair

Overall 62.3 · Smaller than most nearby homes

950 sqft (bottom 17%) · Built in 1975

Located in a high-income area with median household income of ~105k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 1 school, 1 healthcare facility, and 1 shop nearby

Living Area

Below average

31% smaller than neighborhood avg.

Year Built

Near average

0 yrs newer than neighborhood avg.

Mother tongue

English · 79%Tagalog · 3%

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

Sold Count

281

Median price

492k

$/sqft

$398/sqft

Avg build year

1975

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Property score

62.3 is composed by the two sections below.

Property Score

45.8Low
Living Area950 sqft42Low
Year Built197558Fair
Lot Size3,579 sqft46Low
Neighbourhood Sales Activity42Low

Community Score

87.1Excellent
Household Income87Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health83Excellent

Neighbourhood Sales

Varsity View

How to read: Share of sales in each ~$50k price band for “varsity view” (Detached houses (non-condo), 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: #46110350

Community deep dive

$105K

Median household income

$129K

Average household income

6%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.1

P90 / P10 ratio

26%

Single-person households

34%

Families with children

Population, labour & age

Population (2021)742
Labour force participation rate70%
Median age40.4
Avg household size2.5
Unemployment rate3%
Population density3091 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households26%
Couple families with children34%
Median household income (2020)$105K

Housing

Renter households26%
Condominium dwellings0%
Median dwelling value (owners)$424K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority18%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 78%
Mother tongue (2nd)Tagalog · 2%

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

Rankings

Living Area

below average
950 sqft
0255075100
Same streetBottom 18%Same areaBottom 17%CitywideBottom 21%
Same street · Grant Avenue
#54 / 66
Bottom 18% · Avg 1,329 sqft
Same area · Varsity View
#705 / 848
Bottom 17% · Avg 1,387 sqft
Citywide · Winnipeg
#153,176 / 194,458
Bottom 21% · Avg 1,342 sqft

Tax-Assessed Value

below average
210k
0255075100
Same streetBottom 6%Same areaBottom 1%CitywideBottom 10%
Same street · Grant Avenue
#62 / 66
Bottom 6% · Avg 379.3k
Same area · Varsity View
#844 / 848
Bottom 1% · Avg 444.7k
Citywide · Winnipeg
#175,666 / 194,458
Bottom 10% · Avg 390.1k

Year Built

around average
1975
0255075100
Same streetTop 33%Same areaTop 44%CitywideTop 40%

Lot Size

below average
3,579 sqft
0255075100
Same streetBottom 15%Same areaBottom 2%CitywideBottom 20%

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

3403 Grant Avenue — 10 amenities found within 500 m, across 7 categories, including 3 dining (nearest 290 m), 1 education (nearest 281 m), 1 healthcare (nearest 310 m).

Search radius
🍽️Dining3
🏫Education1
🏥Healthcare1
🛒Shopping1
🌳Parks2
🏦Finance1
Worship1

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

3403 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: 3403 Grant Avenue, Winnipeg

Property Summary: 3403 Grant Avenue, Varsity View, Winnipeg

Key Characteristics & Appeal

This is a modest, single-storey home built in 1975, situated on a good-sized lot in the established Varsity View neighbourhood. Its key features include a fully finished basement and approximately 950 sqft of living space. The home presents a straightforward, low-maintenance layout without a garage or pool.

Its primary appeal lies in its location and value proposition within a mature, central community. The lot size is a notable asset, offering potential for outdoor enjoyment or future expansion. The fully finished basement effectively doubles the usable space, a significant advantage for the home's footprint. This property would best suit first-time buyers, downsizers, or pragmatic investors seeking an entry into a well-regarded neighbourhood without a premium price tag. It’s a home for those who value location and land over turn-key finishes, and who see potential in a solid, uncomplicated structure.

Frequently Asked Questions

1. What is the neighbourhood like?
Varsity View is a mature, centrally-located community near the University of Manitoba. It offers a blend of quiet, tree-lined streets with the convenience of nearby amenities and transit.

2. Is there potential to add a garage or expand the home?
The lot size of 3,579 sqft provides a good canvas for potential additions, such as a garage or main floor extension. Any plans would, of course, be subject to municipal zoning and permitting.

3. What does the "fully finished basement" include?
The listing confirms the basement is finished, meaning it has been developed into livable space (likely including rooms, flooring, and proper ceilings). Specifics on layout, ceiling height, and egress windows should be verified during a viewing.

4. How do the ranking percentages work?
The rankings compare this property against others in its immediate street, community, and all of Winnipeg. For example, its land area ranks highly (top 15% on its street), while its assessed value is more modest (top 86% in Winnipeg, meaning 86% of homes have a higher assessed value). This highlights its position as a property where the land may be a more significant portion of its value.

5. What are the typical maintenance considerations for a home of this age?
Built in 1975, prospective buyers should pay particular attention to the condition of major systems that may be near or past their typical lifespan, such as the roof, windows, plumbing, and electrical. A thorough home inspection is strongly recommended.

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