Key facts

Asking price: $239,999
Price per sqft: $245/sqft
Vs. city median: Below the median asking price in Winnipeg
Location: Winnipeg, MB
Postal area: R2Y
Listed: Oct 25, 2026
Last checked: Oct 31, 2026
Signals: 1 strength and 1 opportunity

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Description

This 2-bedroom, 1-bathroom condominium in Winnipeg, MB is listed at $239,999 ($245/sqft). That is below the median asking price in Winnipeg. It was listed on Oct 25, 2026 and was last checked on Oct 31, 2026. Our analysis of the listing found 1 strength and 1 opportunity.

Opportunity Analysis

Deal score

Score out of 10, who it suits, flip margin, price vs area median, cash flow and negotiation room

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Signals found in this listing's description

Detected automatically from the wording of the listing. Check them yourself. How accurate are these?

Strengths, weaknesses, opportunities and threats

Potential Investment Types

How accurate are these tags?

As-Is
Fix & Flip
BRRRR
House Hacking
Short-Term Rental
Cashflow
Value-Add

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Facts and Features

Type

Condominium

SQFT

980

Bedrooms

bathrooms

Status

Active

Business Case Analysis

SWOT Analysis

(Typically 30 seconds or less)

Strengths

Sqft : ***

Weaknesses

Sqft : ***

Opportunities

Sqft : ***

Threats

Sqft : ***

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Location

Map

**** Ness Avenue
Winnipeg, MB

Get In Touch With the Seller

Oliver Beddows

Sales Executive

4.8/5
(67 reviews)

[email protected] 123 900 68668

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Value and rent estimate

Estimates from comparable listings, not an appraisal. The range is where most of them sit. How we estimate

Estimated value

$248,781–$315,593

Estimate based on the asking price per sqft of 60 similar condominium listings in Winnipeg, MB from the last 12 months.

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Market snapshot

Condominium listings in Winnipeg, MB, live or found in the last 12 months. Asking prices, not sales.

$247,000

median asking price

$199,900–$253,450

middle half of asking prices

$282

median asking price per sqft

median days listed before removal

listings counted

This listing's asking price is close to the median.

By bedrooms

Bedrooms	Median asking	Listings
1	$247,000	34
2	$234,900	31
3	$332,500	2

Last 12 months

Month	Median asking	Found
Nov 2025	$247,000	9
Dec 2025	$247,000	6
Jan 2026	$234,900	9
Feb 2026	$288,450	2
Mar 2026	$258,500	8
Apr 2026	$199,900	11
May 2026	$199,900	5
Jun 2026	$169,900	3
Sep 2026	$259,900	3
Oct 2026	$259,900	5

Figures based on the asking prices of 67 condominium listings in Winnipeg, MB found over the last 12 months. Updated Oct 24, 2026.

Short-term rental potential

An estimate from nearby short-term rentals, modelled from their reviews. Licensing and local short-term rental rules decide whether this is possible at all; check them first.

Estimated revenue

$13,290–$30,598 a year

Estimate based on 8 similar-size entire-home rentals within 1.5 km, snapshot Sep 19, 2026.

Across Winnipeg, MB, booked entire homes earn a median of $19,413 a year at $155 a night (1,100 listings).

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Data: Inside Airbnb (insideairbnb.com), CC BY 4.0. Occupancy is modelled from reviews (half of stays reviewed, at least 3 nights each, at most 70% of the year booked), not from booking records. Positions in the data are approximate.

Run the numbers

The asking price is filled in, with starting assumptions for the rest. Adjust them and add what only you can estimate, like the after-repair value or rent.

Purchase price

Down payment

Interest rate

Amortization

years

Rate compounding Canadian fixed-rate mortgages compound semi-annually.

Loan amount $191,999

Monthly payment $1,024.68

Total interest over 360 payments $176,886

Pre-filled values are rough starting assumptions (5% interest, 30-year amortization, renovation at 10% of the price, carrying costs at 4% of the price a year), not estimates for any particular property. Change any of them to fit the deal.

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