2-207 Masson Street

Central St. Boniface, Winnipeg

Property score

53.2

Fair

Overall 53.2 · Compared with neighbourhood average

990 sqft (bottom 35%) · Built in 1989 (6 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: 8 dining spots, 5 schools, 1 healthcare facility, and 4 parks nearby

Living Area

Below average

9% smaller than neighborhood avg.

Year Built

Near average

6 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

53.2 is composed by the two sections below.

Property Score

54.6Fair
Living Area42
990 sqftLow
Year Built78
1989Good
Neighbourhood Sales Activity78
Good

Community Score

51.1Fair
Household Income35
Low
Education Level91
Excellent
Housing Stress63
Fair
Core Housing Need63
Fair
Employment Health28
Low

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
990 sqft
0255075100
Same streetBottom 14%Same areaBottom 35%CitywideTop 50%
Same street · Masson Street
#19 / 22
Bottom 14% · Avg 1,208 sqft
Same area · Central St. Boniface
#186 / 286
Bottom 35% · Avg 1,083 sqft
Citywide · Winnipeg
#13,329 / 26,841
Top 50% · Avg 1,042 sqft

Tax-Assessed Value

around average
230k
0255075100
Same streetBottom 14%Same areaBottom 45%CitywideTop 50%
Same street · Masson Street
#19 / 22
Bottom 14% · Avg 290k
Same area · Central St. Boniface
#158 / 286
Bottom 45% · Avg 284.1k
Citywide · Winnipeg
#13,372 / 26,841
Top 50% · Avg 256.1k

Year Built

around average
1989
0255075100
Same streetBottom 32%Same areaBottom 42%CitywideTop 47%

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

2-207 Masson Street — 25 amenities found within 500 m, across 8 categories, including 8 dining (nearest 53 m), 5 education (nearest 312 m), 1 healthcare (nearest 177 m).

Search radius
🍽️Dining8
🏫Education5
🏥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 5/2024CA$200k–250k
Sold price

Same street

Bottom 8%

Same area

Top 50%

City-wide

Top 50%

Related homes

Highlights & common questions: 2-207 Masson Street, Winnipeg

Property Overview: 2-207 Masson Street, Central St. Boniface

Section 1: Key Characteristics & Appeal

This is a compact, late-1980s condominium in the heart of St. Boniface. With 990 square feet of living space, it offers a practical footprint that is manageable and efficient. The unit lacks a basement, pool, or private garage, positioning it as a straightforward, low-maintenance property.

Its primary appeal lies in its location within a historic and vibrant Winnipeg neighbourhood, combined with a recent sale price that reflects accessible entry into the market. The data suggests it is a value-oriented option within its immediate building and street, as its assessed value and living area rank below the average for Masson Street itself. However, it aligns more closely with the broader neighbourhood and city averages, indicating you are paying for the location rather than premium space or finishes.

This property would best suit a first-time buyer, downsizer, or investor seeking an affordable foothold in Central St. Boniface. It’s for someone who prioritizes neighbourhood character and walkable amenities over expansive private square footage or modern luxury features. A thoughtful perspective for a buyer here is to weigh the benefits of the location against the specific building’s condo fees and reserve fund, as the building’s common elements will be a significant factor in the overall cost of ownership.

Section 2: Frequently Asked Questions

1. What does the ranking data (e.g., "Top 86%") actually mean for this property?
It’s a comparative benchmark. For example, being in the "Top 86%" for assessed value on its street means about 86% of comparable homes on Masson Street have a higher assessed value; this unit is on the more affordable end within its most immediate peer group.

2. The unit sold for $23,200 in May 2024. Is this the full purchase price?
Almost certainly not. This figure is dramatically lower than the assessed value and typical sale prices, strongly indicating it was a transfer of partial interest (like between family members) and not an arms-length market sale. The true market value would be closer to its assessed value of $230,000.

3. What are the implications of having no basement or private garage?
It means significantly reduced private storage space and no off-street parking. Buyers should budget for potential monthly parking rentals if needed and prioritize decluttered living. The upside is less personal space to maintain and heat.

4. The building was constructed in 1989. What should I investigate?
Focus on the status of major common element updates. In a building of this age, key systems like roofing, windows, balconies, and elevators may be near or past their typical lifespan. Review the condo corporation’s reserve fund study and minutes to understand past repairs and planned future special assessments.

5. Who are my immediate neighbours, given the nearby listed addresses (e.g., 4-207, 1-207 Masson St.)?
The listing shows multiple units at the same civic number (207 Masson Street), confirming this is a condo apartment or townhouse complex. Your neighbours will be other unit owners within the same building or complex, governed by a shared condo corporation.