1-360 Island Shore Boulevard

Island Lakes, Winnipeg

Property score

85.8

Excellent

Overall 85.8 · Larger and newer than most nearby homes

2,394 sqft (top 1%) · Built in 2002 (3 yrs newer than avg)

Located in a high-income area with median household income of ~98k

Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 1 school, and 3 parks nearby

Living Area

Above average

59% larger than neighborhood avg.

Year Built

Above average

3 yrs newer than neighborhood avg.

Mother tongue

English · 68%French · 6%

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

Sold Count

63

Median price

398.9k

$/sqft

$334/sqft

Avg build year

1999

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Property score

85.8 is composed by the two sections below.

Property Score

90.1Excellent
Living Area2,394 sqft96Excellent
Year Built200287Excellent
Neighbourhood Sales Activity32Low

Community Score

79.4Good
Household Income84Excellent
Education Level72Good
Housing Stress74Good
Core Housing Need88Excellent
Employment Health68Good

Neighbourhood Sales

Island Lakes

How to read: Share of sales in each ~$50k price band for “island lakes” (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: #46111195

Community deep dive

$98K

Median household income

$110K

Average household income

10%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.6

P90 / P10 ratio

22%

Single-person households

32%

Families with children

Population, labour & age

Population (2021)1,210
Labour force participation rate67%
Median age38.8
Avg household size2.6
Unemployment rate8%
Population density2630 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households22%
Couple families with children32%
Median household income (2020)$98K

Housing

Renter households36%
Condominium dwellings15%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority35%
Bachelor's or higher (25–64)39%
Mother tongue (1st)English · 68%
Mother tongue (2nd)French · 6%

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

Rankings

Living Area

Elite
2,394 sqft
0255075100
Same streetTop 2%Same areaTop 1%CitywideTop 1%
Same street · Island Shore Boulevard
#1 / 50
Top 2% · Avg 1,884 sqft
Same area · Island Lakes
#1 / 137
Top 1% · Avg 1,510 sqft
Citywide · Winnipeg
#87 / 26,841
Top 1% · Avg 1,042 sqft

Tax-Assessed Value

above average
422k
0255075100
Same streetBottom 48%Same areaTop 37%CitywideTop 8%
Same street · Island Shore Boulevard
#26 / 50
Bottom 48% · Avg 435.3k
Same area · Island Lakes
#51 / 137
Top 37% · Avg 412.2k
Citywide · Winnipeg
#2,061 / 26,841
Top 8% · Avg 256.1k

Year Built

above average
2002
0255075100
Same streetBottom 18%Same areaTop 30%CitywideTop 40%

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

1-360 Island Shore Boulevard — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 204 m), 3 parks (nearest 248 m).

Search radius
🏫Education1
🌳Parks3

Crime & Safety

Island Lakes · WPS public data · 2026

Annual incidents

3

2026

vs. city avg

-90%

relative to avg

Year-over-year

-97%

vs. prior year

Primary type

Violent

67%

Sales History

Sold 9/2023CA$400k–450k
Sold price

Same street

Top 35%

Same area

Top 16%

City-wide

Top 5%

Related homes

Highlights & common questions: 1-360 Island Shore Boulevard, Winnipeg

Property Overview & Key Characteristics

This condominium at 1-360 Island Shore Boulevard in Island Lakes is defined by its exceptionally spacious layout. With 2,394 sqft of living area, it ranks in the top 1-2% of homes for size, both within its immediate neighbourhood and across the entire city. This makes it a rare find for a condo, offering the square footage of a large detached home. Its assessed value is above average citywide but aligns with the norm for the Island Lakes area, suggesting a solid value proposition for the space offered. Built in 2002, the unit is well-established within a mature community.

The primary appeal lies in securing maximum interior space without the maintenance of a house. It’s ideal for empty-nesters looking to downsize from a larger family home but who are not willing to compromise on room for family visits, hobbies, or furnishings. It would also suit a professional seeking a low-maintenance lifestyle with a generous home office or entertainment space. A thoughtful perspective is that this property offers "right-sized" living—it provides ample room for comfort and hosting while the condo structure handles exterior upkeep, a compelling trade-off for many.

Frequently Asked Questions

1. What does the ranking data for "Living Area" actually mean?
The data shows this condo is exceptionally large. It is larger than 99% of comparable properties citywide, 99% in Island Lakes, and 98% on its own street. You are getting significantly more interior space than the typical condo or townhome.

2. Why is the assessed value ranked as "around average" for the area?
While the condo is very large, its assessed value is typical for the desirable Island Lakes neighbourhood. This indicates you are paying a premium for the location, but the price per square foot likely compares very favourably due to the unit's above-average size.

3. Is a 2002 build considered old for a condo?
Not at all. For Winnipeg, a 2002 build is relatively modern, ranking above average citywide. Major components like windows, roofs, and building systems are likely still within or approaching their expected lifespan, but a review of the condominium's reserve fund study is essential to understand the plan and fees for future repairs.

4. How can I find out the exact past sale price?
The listed sale price range is based on public data. The listing service offers to provide the exact sale price from September 2023 via email upon request, which they handle manually without using your email for marketing.

5. What is the immediate building environment like?
The listing shows several units at the same address (e.g., 2-360, 3-360), indicating this is likely a townhouse-style or low-rise condominium complex. The proximity of other units suggests a community feel, but for specifics on building style, privacy, and common areas, a viewing is necessary.

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