435 Louis Riel Street

Central St. Boniface, Winnipeg

Property score

43.3

Below average

Overall 43.3 · Smaller but newer than most nearby homes

728 sqft (bottom 11%) · Built in 1946 (7 yrs newer than avg)

Located in a above-average income area with median household income of ~63.6k

Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 2 schools, 4 healthcare facilitys, and 2 shops nearby

Living Area

Below average

43% smaller than neighborhood avg.

Year Built

Above average

7 yrs newer than neighborhood avg.

Mother tongue

English · 63%French · 18%

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

43.3 is composed by the two sections below.

Property Score

31.0Low
Living Area728 sqft22Low
Year Built194630Low
Lot Size4,306 sqft53Fair
Neighbourhood Sales Activity78Good

Community Score

61.8Fair
Household Income66Good
Education Level63Fair
Housing Stress52Fair
Core Housing Need50Fair
Employment Health60Fair

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: #46110551

Community deep dive

$64K

Median household income

$77K

Average household income

19%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.3

P90 / P10 ratio

28%

Single-person households

17%

Families with children

Population, labour & age

Population (2021)449
Labour force participation rate60%
Median age32.8
Avg household size2.3
Unemployment rate7%
Population density3453 / km²

Households & income

Low income (LIM-AT, % pop.)19%
Single-person households28%
Couple families with children17%
Median household income (2020)$64K

Housing

Renter households43%
Condominium dwellings17%
Median dwelling value (owners)$310K

Diversity, education & language

Immigrants (share of pop.)7%
Visible minority28%
Bachelor's or higher (25–64)34%
Mother tongue (1st)English · 63%
Mother tongue (2nd)French · 17%

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

Rankings

Living Area

below average
728 sqft
0255075100
Same streetBottom 29%Same areaBottom 11%CitywideBottom 5%
Same street · Louis Riel Street
#17 / 24
Bottom 29% · Avg 1,087 sqft
Same area · Central St. Boniface
#940 / 1,058
Bottom 11% · Avg 1,284 sqft
Citywide · Winnipeg
#184,123 / 194,458
Bottom 5% · Avg 1,342 sqft

Tax-Assessed Value

around average
314k
0255075100
Same streetBottom 42%Same areaBottom 48%CitywideBottom 34%
Same street · Louis Riel Street
#14 / 24
Bottom 42% · Avg 330.7k
Same area · Central St. Boniface
#546 / 1,058
Bottom 48% · Avg 347.1k
Citywide · Winnipeg
#129,291 / 194,458
Bottom 34% · Avg 390.1k

Year Built

Elite
1946
0255075100
Same streetTop 4%Same areaTop 29%CitywideBottom 23%

Lot Size

around average
4,306 sqft
0255075100
Same streetBottom 25%Same areaBottom 48%CitywideBottom 31%

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

435 Louis Riel Street — 14 amenities found within 500 m, across 7 categories, including 1 dining (nearest 465 m), 2 education (nearest 197 m), 4 healthcare (nearest 277 m).

Search radius
🍽️Dining1
🏫Education2
🏥Healthcare4
🛒Shopping2
🌳Parks3
Fuel Stations1
Worship1

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 6/2017CA$250k–300k
Sold price

Same street

Bottom 20%

Same area

Bottom 35%

City-wide

Bottom 29%

Related homes

Highlights & common questions: 435 Louis Riel Street, Winnipeg

Property Overview: 435 Louis Riel Street, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, one-storey home built in 1946 on a standard-sized lot in Central St. Boniface. Its key features include a renovated basement and a detached garage. The primary appeal lies in its location and land value rather than its living space. With only 728 sqft of living area, the home is significantly smaller than most in the area, suggesting it's best suited as a starter home, a downsizing opportunity, or a strategic land purchase. The lot size of 4,306 sqft is typical for the neighbourhood, offering potential for expansion or outdoor enjoyment.

The property suits practical buyers who prioritize location over square footage. It would appeal to an investor or handy homeowner who sees value in the renovated basement and the possibility of future updates or an addition. Given its below-average sale history and assessed value, it represents a more accessible entry point into the established St. Boniface community. A thoughtful perspective is that while the house itself is modest, its "elite" ranking for year built on its specific street indicates it is among the original homes, offering a piece of neighbourhood history and possibly simpler, solid construction from that era.

Section 2: Frequently Asked Questions

1. Is the house too small for a small family?
At 728 sqft, the main floor living space is very compact. A family would heavily rely on the renovated basement for additional living, play, or bedroom space. It would require efficient use of space and is likely more comfortable for one or two people.

2. What does the "renovated basement" entail?
The listing notes a renovated basement but does not specify the scope. A key question for the seller or an inspection would be the nature of the renovation—whether it's simply finished, includes a proper bathroom or kitchenette, and if all permits were obtained.

3. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the property's market characteristics: its small size, age, and specific location. The city-wide average is skewed by newer, larger homes in different areas. Its assessment is actually around average for its immediate neighbourhood and street.

4. Is there potential to build an addition or a new home here?
The lot is a standard size for the area. While possible, any significant expansion or rebuild would be subject to local zoning bylaws, heritage considerations (given the age and area), and the costs involved. The existing detached garage also factors into lot coverage.

5. The home last sold in 2017. What might this indicate?
The six-year ownership period suggests the sellers weren't short-term flippers. It could indicate a well-maintained property or, conversely, that major updates were deferred. It provides a stable recent history but makes a thorough inspection to understand the home's current condition important.

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