505 Des Meurons Street

Central St. Boniface, Winnipeg

Property score

64.1

Fair

Overall 64.1 · Compared with neighbourhood average

1,208 sqft (top 48%) · Built in 1945 (6 yrs newer than avg)

Located in a above-average income area with median household income of ~72k

Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 2 dining spots, 3 schools, 1 park, and 1 sports facility nearby

Living Area

Near average

6% smaller than neighborhood avg.

Year Built

Near average

6 yrs newer than neighborhood avg.

Mother tongue

English · 48%French · 39%

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

64.1 is composed by the two sections below.

Property Score

59.5Fair
Living Area1,208 sqft66Good
Year Built194530Low
Lot Size5,331 sqft67Good
Neighbourhood Sales Activity78Good

Community Score

71.1Good
Household Income72Good
Education Level72Good
Housing Stress63Fair
Core Housing Need76Good
Employment Health68Good

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: #46110812

Community deep dive

$72K

Median household income

$96K

Average household income

10%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.3

P90 / P10 ratio

35%

Single-person households

19%

Families with children

Population, labour & age

Population (2021)874
Labour force participation rate65%
Median age44.0
Avg household size2.1
Unemployment rate7%
Population density1409 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households35%
Couple families with children19%
Median household income (2020)$72K

Housing

Renter households47%
Condominium dwellings11%
Median dwelling value (owners)$376K

Diversity, education & language

Immigrants (share of pop.)8%
Visible minority9%
Bachelor's or higher (25–64)37%
Mother tongue (1st)English · 48%
Mother tongue (2nd)French · 38%

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

Rankings

Living Area

around average
1,208 sqft
0255075100
Same streetTop 40%Same areaTop 48%CitywideTop 49%
Same street · Des Meurons Street
#72 / 179
Top 40% · Avg 1,196 sqft
Same area · Central St. Boniface
#503 / 1,058
Top 48% · Avg 1,284 sqft
Citywide · Winnipeg
#95,958 / 194,458
Top 49% · Avg 1,342 sqft

Tax-Assessed Value

around average
319k
0255075100
Same streetTop 39%Same areaTop 50%CitywideBottom 35%
Same street · Des Meurons Street
#70 / 179
Top 39% · Avg 318k
Same area · Central St. Boniface
#526 / 1,058
Top 50% · Avg 347.1k
Citywide · Winnipeg
#126,091 / 194,458
Bottom 35% · Avg 390.1k

Year Built

around average
1945
0255075100
Same streetTop 50%Same areaTop 38%CitywideBottom 22%

Lot Size

above average
5,331 sqft
0255075100
Same streetTop 25%Same areaTop 29%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

505 Des Meurons Street — 7 amenities found within 500 m, across 4 categories, including 2 dining (nearest 74 m), 3 education (nearest 253 m), 1 parks (nearest 496 m).

Search radius
🍽️Dining2
🏫Education3
🌳Parks1
💪Sports1

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 6/2021CA$300k–350k
Sold price

Same street

Top 33%

Same area

Top 41%

City-wide

Bottom 43%
Sold 3/2016CA$200k–250k
Sold price

Same street

Bottom 23%

Same area

Bottom 23%

City-wide

Bottom 19%

Related homes

Highlights & common questions: 505 Des Meurons Street, Winnipeg

Property Overview: 505 Des Meurons Street, Winnipeg

Key Characteristics & Buyer Appeal

This one-and-a-half storey home, built in 1945, is situated on a notably spacious lot in Central St. Boniface. Its land area of over 5,300 sqft places it well above average for both the immediate street and the neighbourhood, offering a substantial outdoor canvas rare for the area. The home itself features a renovated basement and a detached garage, with living space that is consistent with the local average. Recent sale history shows steady value appreciation.

The primary appeal lies in its lot size and location. It suits a buyer who values potential over perfection—someone looking for a character home in a historic, francophone-inspired neighbourhood with the room to garden, expand, or simply enjoy more private outdoor space than most urban lots provide. It’s a practical choice for a hands-on owner, an investor eyeing the land value, or a small household wanting to grow into the property over time. The data suggests it’s a competitively priced entry into a sought-after area, where the land itself is a significant asset.

Frequently Asked Questions

1. Is the lot size unusual for St. Boniface?
Yes. The property ranks in the top 25% for land area on its own street and the top 29% in Central St. Boniface, meaning it's significantly larger than many neighbouring lots. This is one of its standout features.

2. What does the sale history indicate?
The home sold for $23.8k in 2016 and $31.5k in 2021. This indicates a noticeable increase in value over that five-year period, suggesting a positive trajectory in a stable market.

3. Who might this property not suit?
It may not suit buyers seeking a modern, turn-key home or those unwilling to consider updates, as a house from 1945 will likely have older components. It's also less ideal for those who prioritize a massive interior, as the living area is average for the locale.

4. How does its value compare to the wider city?
The home’s assessed value is around average for Winnipeg. However, this can be misleading; you are acquiring an above-average lot in a prime neighbourhood for a city-average price, which is a key nuance.

5. What is the immediate neighbourhood like?
The listing shows several nearby properties on the same street, indicating a tight-knit, established streetscape. This often translates to a stable, residential feel with long-term neighbours.

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