Central St. Boniface, Winnipeg
Property score
39.3
Below average
Overall 39.3 · Smaller than most nearby homes
480 sqft (bottom 1%) · Built in 1920 (19 yrs older than avg)
Located in a above-average income area with median household income of ~64k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 2 dining spots, 5 schools, 2 parks, and 1 sports facility nearby
Living Area
Below average
63% smaller than neighborhood avg.
Year Built
Below average
19 yrs older than neighborhood avg.
Mother tongue
English · 50%French · 24%
Past 10 years Central St. Boniface sales snapshot (~80% of all data)
407
293k
$337/sqft
1939
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39.3 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: #46110548
$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
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
475 Ritchot Street — 11 amenities found within 500 m, across 5 categories, including 2 dining (nearest 285 m), 5 education (nearest 212 m), 2 parks (nearest 425 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 5% | Bottom 9% | Bottom 11% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 475 Ritchot Street, Central St. Boniface
Key Characteristics & Appeal
This is a compact, one-storey home built in 1920, situated on a standard-sized lot in Central St. Boniface. Its primary appeal lies in its position as an accessible entry point into the historic and culturally rich St. Boniface area. With a modest 480 sqft of living space, an unrenovated basement, and no garage, the property is fundamentally a land play with a basic dwelling.
The home suits a specific type of buyer: investors, developers, or extremely handy owner-occupants looking for a footprint in a desirable neighbourhood without a large upfront investment. The very low assessed and recent sale values reflect the home's condition and size, highlighting that its value is primarily in the land. A thoughtful perspective is that this property represents a "blank canvas" opportunity in an established area—the cost of entry is low, but any vision for comfort or modern living would require significant additional investment. It's less about moving in and more about the future potential of the location.
Frequently Asked Questions
1. Why is the sale price so much lower than typical Winnipeg homes?
The price reflects the home's very small size (480 sqft), its age, and that it likely requires substantial updating or even redevelopment. The value is closely tied to the land value in St. Boniface rather than the existing structure.
2. What does "unrenovated basement" typically imply?
It suggests the basement is in original or rough condition, likely lacking modern finishes, proper moisture management, or updated mechanical systems. It should be factored into renovation plans and budgets.
3. Who would be the most likely buyer for this property?
It's best suited for an investor or developer who sees potential in the lot for renovation, expansion, or future redevelopment, given the neighbourhood. A very budget-conscious, hands-on buyer willing to live in a minimal space during a gradual rebuild might also be interested.
4. How does the lot size compare to others?
At 3,188 sqft, the lot is around average for Ritchot Street but below average for both Central St. Boniface and Winnipeg overall. It provides a standard urban parcel but is not exceptionally large.
5. Are the low property taxes a benefit?
Yes, the taxes are based on the low assessed value, which is a financial advantage for holding the property. However, any significant renovation or rebuild would trigger a reassessment and a corresponding increase in taxes.
