420 Ritchot Street

Central St. Boniface, Winnipeg

Property score

49.1

Below average

Overall 49.1 · Smaller but newer than most nearby homes

720 sqft (bottom 10%) · Built in 1946 (7 yrs newer than avg)

Located in a above-average income area with median household income of ~64k

Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 2 dining spots, 3 schools, 1 shop, and 1 park nearby

Living Area

Below average

44% smaller than neighborhood avg.

Year Built

Above average

7 yrs newer than neighborhood avg.

Mother tongue

English · 50%French · 24%

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

Sold Count

407

Median price

293k

$/sqft

$337/sqft

Avg build year

1939

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Property score

49.1 is composed by the two sections below.

Property Score

32.1Low
Living Area720 sqft22Low
Year Built194630Low
Lot Size4,794 sqft60Fair
Neighbourhood Sales Activity78Good

Community Score

74.6Good
Household Income66Good
Education Level91Excellent
Housing Stress63Fair
Core Housing Need88Excellent
Employment Health83Excellent

Neighbourhood Sales

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.

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: #46110548

Community deep dive

$64K

Median household income

$71K

Average household income

20%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.2

P90 / P10 ratio

46%

Single-person households

15%

Families with children

Population, labour & age

Population (2021)450
Labour force participation rate71%
Median age32.0
Avg household size2.0
Unemployment rate4%
Population density6428 / km²

Households & income

Low income (LIM-AT, % pop.)20%
Single-person households46%
Couple families with children15%
Median household income (2020)$64K

Housing

Renter households67%
Condominium dwellings4%
Median dwelling value (owners)$276K

Diversity, education & language

Immigrants (share of pop.)29%
Visible minority26%
Bachelor's or higher (25–64)50%
Mother tongue (1st)English · 50%
Mother tongue (2nd)French · 24%

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

Rankings

Living Area

below average
720 sqft
0255075100
Same streetBottom 15%Same areaBottom 10%CitywideBottom 5%
Same street · Ritchot Street
#64 / 75
Bottom 15% · Avg 1,251 sqft
Same area · Central St. Boniface
#953 / 1,058
Bottom 10% · Avg 1,284 sqft
Citywide · Winnipeg
#184,672 / 194,458
Bottom 5% · Avg 1,342 sqft

Tax-Assessed Value

above average
337k
0255075100
Same streetTop 29%Same areaTop 41%CitywideBottom 42%
Same street · Ritchot Street
#22 / 75
Top 29% · Avg 314.3k
Same area · Central St. Boniface
#436 / 1,058
Top 41% · Avg 347.1k
Citywide · Winnipeg
#113,671 / 194,458
Bottom 42% · Avg 390.1k

Year Built

above average
1946
0255075100
Same streetTop 20%Same areaTop 29%CitywideBottom 23%

Lot Size

above average
4,794 sqft
0255075100
Same streetTop 27%Same areaTop 40%CitywideBottom 39%

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

420 Ritchot Street — 10 amenities found within 500 m, across 7 categories, including 2 dining (nearest 384 m), 3 education (nearest 252 m), 1 shopping (nearest 388 m).

Search radius
🍽️Dining2
🏫Education3
🛒Shopping1
🌳Parks1
🏦Finance1
Fuel Stations1
🏛️Government1

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 10/2023CA$300k–350k
Sold price

Same street

Top 27%

Same area

Top 34%

City-wide

Top 50%
Sold 6/2022CA$350k–400k
Sold price

Same street

Top 19%

Same area

Top 25%

City-wide

Top 43%
Sold 4/2022CA$250k–300k
Sold price

Same street

Top 46%

Same area

Bottom 45%

City-wide

Bottom 36%
Sold 9/2017CA$200k–250k
Sold price

Same street

Bottom 32%

Same area

Bottom 25%

City-wide

Bottom 21%

Related homes

Highlights & common questions: 420 Ritchot Street, Winnipeg

Property Overview

This one-storey home at 420 Ritchot Street in Central St. Boniface presents a specific and compelling opportunity. Its primary appeal lies in the combination of a generous, above-average lot in a historic neighbourhood with a recently renovated basement, offering a solid foundation for a variety of buyers. The home itself is modest in size at 720 sqft, built in 1946, and features a detached garage.

Key Characteristics & Ideal Buyer

The standout feature here is the land. At nearly 4,800 sqft, the lot size is well above average for both the immediate street and the broader St. Boniface area, offering valuable outdoor space and future potential in a mature, central neighbourhood. The renovated basement adds immediate functional living space. Recent sale prices show steady appreciation, suggesting a stable investment in a sought-after location.

This property would suit a pragmatic first-time buyer or an investor looking for a character-home entry point into St. Boniface without the premium of a fully updated main floor. It’s also ideal for a buyer who values land over a large existing footprint, seeing the lot as a long-term asset or a canvas for future expansion. The modest living area means it’s less suited for those needing significant immediate space without a renovation plan.

Frequently Asked Questions

1. Is the house itself in good condition?
The listing confirms a renovated basement, but the condition of the main floor (built in 1946) and major systems like roof, wiring, and plumbing should be verified through a professional home inspection.

2. What is the neighbourhood like?
Central St. Boniface is a historic, well-established community with strong character, amenities, and a sense of identity. Being on a street with homes dating back to the early 1900s, it offers a classic Winnipeg streetscape.

3. Why is the assessed value significantly different from recent sale prices?
Municipal assessed value for tax purposes often lags behind market value. The consistent rise in sale prices here (from $24.3k in 2017 to $33.8k in 2023) is a more current indicator of its market value.

4. Can the house be expanded or rebuilt?
The large lot provides that potential, but any expansion or new build would be subject to City of Winnipeg zoning bylaws, heritage considerations common in St. Boniface, and required permits.

5. What are the ongoing costs like?
Property taxes will likely be based on a value closer to recent sale prices. Utilities and maintenance for an older home, even with a renovated basement, can be higher than for a new build, so budgeting for upkeep is important.

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