105-223 Masson Street

Central St. Boniface, Winnipeg

Property score

60.8

Fair

Overall 60.8 · Compared with neighbourhood average

1,140 sqft (top 37%) · Built in 1992 (3 yrs older than avg)

Located in a below-average income area with median household income of ~39.2k

Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 9 dining spots, 7 schools, 1 healthcare facility, and 4 parks nearby

Living Area

Near average

5% larger than neighborhood avg.

Year Built

Near average

3 yrs older than neighborhood avg.

Mother tongue

French · 71%English · 24%

Past 10 years Central St. Boniface sales snapshot (~80% of all data)

Sold Count

151

Median price

240k

$/sqft

$236/sqft

Avg build year

1995

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Property score

60.8 is composed by the two sections below.

Property Score

67.2Good
Living Area1,140 sqft60Fair
Year Built199281Excellent
Neighbourhood Sales Activity78Good

Community Score

51.1Fair
Household Income35Low
Education Level91Excellent
Housing Stress63Fair
Core Housing Need63Fair
Employment Health28Low

Neighbourhood Sales

Central St. Boniface

How to read: Share of sales in each ~$50k price band for “central st. boniface” (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: #46110809

Community deep dive

$39K

Median household income

$77K

Average household income

21%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.5

P90 / P10 ratio

68%

Single-person households

8%

Families with children

Population, labour & age

Population (2021)605
Labour force participation rate43%
Median age70.5
Avg household size1.5
Unemployment rate14%
Population density2880 / km²

Households & income

Low income (LIM-AT, % pop.)21%
Single-person households68%
Couple families with children8%
Median household income (2020)$39K

Housing

Renter households68%
Condominium dwellings12%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)0%
Visible minority0%
Bachelor's or higher (25–64)54%
Mother tongue (1st)French · 71%
Mother tongue (2nd)English · 23%

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

Rankings

Living Area

around average
1,140 sqft
0255075100
Same streetTop 41%Same areaTop 37%CitywideTop 32%
Same street · Masson Street
#9 / 22
Top 41% · Avg 1,208 sqft
Same area · Central St. Boniface
#106 / 286
Top 37% · Avg 1,083 sqft
Citywide · Winnipeg
#8,683 / 26,841
Top 32% · Avg 1,042 sqft

Tax-Assessed Value

around average
290k
0255075100
Same streetTop 45%Same areaTop 45%CitywideTop 32%
Same street · Masson Street
#10 / 22
Top 45% · Avg 290k
Same area · Central St. Boniface
#129 / 286
Top 45% · Avg 284.1k
Citywide · Winnipeg
#8,462 / 26,841
Top 32% · Avg 256.1k

Year Built

Elite
1992
0255075100
Same streetTop 5%Same areaBottom 47%CitywideTop 45%

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

105-223 Masson Street — 28 amenities found within 500 m, across 8 categories, including 9 dining (nearest 89 m), 7 education (nearest 320 m), 1 healthcare (nearest 160 m).

Search radius
🍽️Dining9
🏫Education7
🏥Healthcare1
🌳Parks4
💪Sports1
🏦Finance1
Worship2
🏛️Government3

Crime & Safety

Central St. Boniface · WPS public data · 2026

Annual incidents

64

2026

vs. city avg

+117%

relative to avg

Year-over-year

-93%

vs. prior year

Primary type

Property

55%

Sales History

Sold 11/2019CA$200k–250k
Sold price

Same street

Bottom 17%

Same area

Top 49%

City-wide

Top 50%

Related homes

Highlights & common questions: 105-223 Masson Street, Winnipeg

Property Overview & Key Characteristics

This is a well-positioned condominium unit at 105-223 Masson Street in Winnipeg's Central St. Boniface neighbourhood. Built in 1992, it offers 1,140 square feet of living space. The property presents a practical, no-frills profile with no basement, garage, or pool. Its primary appeal lies in its solid, middle-of-the-pack metrics within a desirable and historic area. It ranks consistently "around average" compared to similar homes on its street, in the neighbourhood, and across Winnipeg for its year built, living area, and assessed value (currently $290k). This suggests a stable, predictable property rather than a standout or fixer-upper.

The unit would suit a first-time buyer, downsizer, or investor seeking an affordable entry into the St. Boniface community without the maintenance demands of a century home. It’s for someone who values location and functional space over premium features or new construction. A thoughtful perspective is that its very "averageness" in key metrics could indicate a lower risk of overpaying for hype or underestimating major flaws, offering a grounded, transparent value proposition in a sometimes volatile market.


Frequently Asked Questions

1. What does the "Top 45%" ranking for Year Built mean?
It means this unit (built in 1992) is newer than approximately 45% of comparable properties in Central St. Boniface. It's comfortably in the middle of the pack, neither historic nor newly built.

2. Why was the 2019 sale price so much lower than the current assessed value?
The sale price of $23,300 in 2019 is not directly comparable to the individual unit's current assessed value. This likely reflects the sale of a different interest (e.g., a parking spot, locker, or a bulk transaction for multiple units) and not the full condominium unit itself.

3. What are the implications of having no basement or garage?
This means all living and storage space is contained on one level. Buyers should plan for in-suite storage solutions and consider where seasonal items like bicycles or tires will be kept. The lack of a basement can also mean mechanical systems are within the living area.

4. How does its value compare to the immediate neighbours?
The assessed value is very close to the street average ($290k vs. $290k average on Masson St.). This immediate context suggests the valuation is in line with its direct peers, not an outlier.

5. What is less obvious about living in a 1992-built condo in this area?
You benefit from modern building standards (post-1980s) while being nestled in a historic neighbourhood. This often means a good balance of efficient insulation and wiring with the mature trees, established streetscapes, and cultural vibrancy St. Boniface is known for, without the potential maintenance surprises of a much older building.

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