2-524 Cherrier Street

Dufresne, Winnipeg

Property score

62.6

Fair

Overall 62.6 · Larger and newer than most nearby homes

1,048 sqft (top 25%) · Built in 2018

Located in a above-average income area with median household income of ~65.5k

Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 1 shop, 2 parks, and 1 sports facility nearby

Living Area

Above average

0% larger than neighborhood avg.

Year Built

Above average

0 yrs newer than neighborhood avg.

Mother tongue

English · 73%French · 13%

Past 10 years Dufresne sales snapshot (~80% of all data)

Sold Count

4

Median price

310k

$/sqft

$296/sqft

Avg build year

2018

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

62.6 is composed by the two sections below.

Property Score

66.0Good
Living Area52
1,048 sqftFair
Year Built97
2018Excellent
Neighbourhood Sales Activity61
Fair

Community Score

57.5Fair
Household Income68
Good
Education Level22
Low
Housing Stress52
Fair
Core Housing Need63
Fair
Employment Health76
Good

Neighbourhood Sales

Dufresne

How to read: Share of sales in each ~$50k price band for “dufresne” (Condos, 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: #46110814

Community deep dive

$66K

Median household income

$62K

Average household income

15%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

41%

Single-person households

17%

Families with children

Population, labour & age

Population (2021)318
Labour force participation rate80%
Median age35.2
Avg household size2.2
Unemployment rate16%
Population density2446 / km²

Households & income

Low income (LIM-AT, % pop.)15%
Single-person households41%
Couple families with children17%
Median household income (2020)$66K

Housing

Renter households33%
Condominium dwellings0%
Median dwelling value (owners)$226K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority5%
Bachelor's or higher (25–64)11%
Mother tongue (1st)English · 73%
Mother tongue (2nd)French · 12%

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

Rankings

Living Area

above average
1,048 sqft
0255075100
Same streetTop 25%Same areaTop 25%CitywideTop 44%
Same street · Cherrier Street
#1 / 4
Top 25% · Avg 1,048 sqft
Same area · Dufresne
#1 / 4
Top 25% · Avg 1,048 sqft
Citywide · Winnipeg
#11,691 / 26,841
Top 44% · Avg 1,042 sqft

Tax-Assessed Value

above average
282k
0255075100
Same streetTop 25%Same areaTop 25%CitywideTop 34%
Same street · Cherrier Street
#1 / 4
Top 25% · Avg 277.3k
Same area · Dufresne
#1 / 4
Top 25% · Avg 277.3k
Citywide · Winnipeg
#9,083 / 26,841
Top 34% · Avg 256.1k

Year Built

above average
2018
0255075100
Same streetTop 25%Same areaTop 25%CitywideTop 8%

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

2-524 Cherrier Street — 8 amenities found within 500 m, across 5 categories, including 2 dining (nearest 378 m), 1 shopping (nearest 424 m), 2 parks (nearest 206 m).

Search radius
🍽️Dining2
🛒Shopping1
🌳Parks2
💪Sports1
Worship2

Crime & Safety

Dufresne · WPS public data · 2026

Annual incidents

2

2026

vs. city avg

-93%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

50%

Sales History

Sold 9/2023CA$250k–300k
Sold price

Same street

Top 50%

Same area

Top 50%

City-wide

Top 33%

Related homes

Highlights & common questions: 2-524 Cherrier Street, Winnipeg

Property Overview: 2-524 Cherrier Street, Winnipeg

Section 1: Key Characteristics & Appeal

This is a modern, low-maintenance condo in Winnipeg's Dufresne neighbourhood. Built in 2018, it offers a move-in-ready space of 1,048 sqft with a renovated basement. Its primary appeal lies in its balance of being a newer property within a more affordable price segment. The data shows it ranks above average for size, value, and age within its immediate area, suggesting it's a standout in its local context. Citywide, it's notably newer than most homes, placing it in the top 8% by year built.

This property would suit first-time buyers seeking a modern home without the upkeep of a house, or downsizers looking for a comfortable, contemporary space. It also presents a practical option for investors, given its recent sale in 2023 provides clear, current market data. A thoughtful perspective is that while condos can sometimes feel generic, this unit’s above-average size for its street and the renovated basement offer a bit more character and utility than typical.

Section 2: Frequently Asked Questions

1. What are the condo fees, and what do they cover?
This detail is not provided in the available data. A review of the condo corporation's financial statements and bylaws is essential to understand monthly fees, reserve fund health, and what amenities or services (like snow removal, building insurance) are included.

2. How does the assessed value relate to the expected market price?
The assessed value is $28,200 for tax purposes. It sold for $27,800 in September 2023, indicating the assessment is closely aligned with a recent market transaction. Current market conditions will determine if the listing price is above, at, or below this benchmark.

3. What is the neighbourhood like?
Located on Cherrier Street in Dufresne, the property is part of a small cluster of similar units. The presence of several nearby properties with identical or similar addresses (e.g., 1-524, 3-524) suggests a condo or townhouse complex, which typically offers a quiet, communal setting.

4. Are there any insights from the recent sale history?
The property sold in September 2023 for $27,800. This recent sale provides a transparent, up-to-date market value, reducing guesswork for buyers compared to properties that haven't traded hands in many years.

5. What does "above average" in this context actually mean?
The rankings show this condo is larger and has a higher assessed value than 75% of comparable properties on its street and in Dufresne. This means it likely offers more space and perceived value than most direct neighbours, which can be an advantage for resale within the same complex.