Central St. Boniface, Winnipeg
Property score
44.2
Below average
Overall 44.2 · Smaller than most nearby homes
649 sqft (bottom 3%) · Built in 1945 (6 yrs newer than avg)
Located in a average-income area with median household income of ~59.6k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 7 dining spots, 2 schools, 1 healthcare facility, and 2 parks nearby
Living Area
Below average
49% smaller than neighborhood avg.
Year Built
Near average
6 yrs newer than neighborhood avg.
Mother tongue
English · 61%French · 18%
Past 10 years Central St. Boniface sales snapshot (~80% of all data)
407
293k
$337/sqft
1939
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44.2 is composed by the two sections below.
Property Score
Community Score
Central St. Boniface
How to read: Share of sales in each ~$50k price band for “central st. boniface” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110813
$60K
Median household income
$74K
Average household income
16%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.2
P90 / P10 ratio
47%
Single-person households
12%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
368 Youville Street — 15 amenities found within 500 m, across 7 categories, including 7 dining (nearest 234 m), 2 education (nearest 400 m), 1 healthcare (nearest 415 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 43% | Bottom 43% | Bottom 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 368 Youville Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a unique property defined by a significant contrast: it sits on a very large, mature lot in the sought-after Central St. Boniface neighbourhood, while the house itself is a modest, one-storey home with compact living space. The primary appeal lies in this substantial land holding, which is significantly larger than most lots both locally and city-wide. The home, built in 1945, features a renovated basement and a detached garage. Its recent sale price was notably below the city's average assessed value for homes, indicating a purchase based on land value or potential rather than the existing structure.
This property would best suit a specific type of buyer: a land investor, a builder, or a homeowner with a vision for extensive renovation or redevelopment. It’s less suited for those seeking immediate move-in condition or standard family-sized rooms. The opportunity here is for the value of the location and the lot to be realized through future investment, making it a project with long-term potential in a prime area.
Section 2: Frequently Asked Questions
1. Why is the living space so small compared to the lot size?
The home is a classic "wartime bungalow" built in 1945, a period when materials were scarce and homes were constructed modestly. The generous lot size is typical for older, established neighbourhoods like St. Boniface, where the land itself has become the most valuable asset over time.
2. What does the "renovated basement" entail?
The listing confirms the basement has been renovated, but the specific scope and quality of finishes are not detailed. A professional inspection is highly recommended to understand the condition, ceiling height, and compliance with current standards, as this space could be crucial for adding functional area.
3. Is this a teardown property?
While not explicitly stated, the combination of a very small, older home on a highly valuable lot makes redevelopment a strong possibility. Any buyer should first consult the City of Winnipeg’s zoning bylaws to understand what could be built, including potential for a new single-family home or a multi-unit project.
4. How does the sale price compare to the assessed value?
The property sold for $28,600, which is below its $33,400 assessed value and far below the city-wide average home assessment. This typically reflects the market valuing the property primarily for its land, with the existing structure contributing minimal value.
5. What are the less obvious costs or considerations?
Beyond the purchase price, a buyer must budget for potential demolition costs, utility disconnections, and new connection fees if rebuilding. Also, mature trees on a large lot may be protected by local bylaws, which could limit building placement or design options. The cost to maintain or upgrade the detached garage should also be factored in.
