185 Island Shore Boulevard

Island Lakes, Winnipeg

Property score

67.5

Good

Overall 67.5 · Smaller and older than most nearby homes

1,040 sqft (bottom 4%) · Built in 1987 (8 yrs older than avg)

Located in a high-income area with median household income of ~106k

Transit 62.0 · 2-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby

Living Area

Below average

36% smaller than neighborhood avg.

Year Built

Below average

8 yrs older than neighborhood avg.

Mother tongue

English · 71%French · 5%

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

Sold Count

654

Median price

580k

$/sqft

$348/sqft

Avg build year

1995

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Property score

67.5 is composed by the two sections below.

Property Score

56.4Fair
Living Area1,040 sqft52Fair
Year Built198778Good
Lot Size4,252 sqft53Fair
Neighbourhood Sales Activity32Low

Community Score

84.2Excellent
Household Income87Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health60Fair

Neighbourhood Sales

Island Lakes

How to read: Share of sales in each ~$50k price band for “island lakes” (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: #46110514

Community deep dive

$106K

Median household income

$129K

Average household income

8%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

18%

Single-person households

31%

Families with children

Population, labour & age

Population (2021)947
Labour force participation rate60%
Median age47.6
Avg household size2.5
Unemployment rate9%
Population density2309 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households18%
Couple families with children31%
Median household income (2020)$106K

Housing

Renter households20%
Condominium dwellings10%
Median dwelling value (owners)$420K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority16%
Bachelor's or higher (25–64)48%
Mother tongue (1st)English · 71%
Mother tongue (2nd)French · 5%

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

Rankings

Living Area

around average
1,040 sqft
0255075100
Same streetBottom 13%Same areaBottom 4%CitywideBottom 32%
Same street · Island Shore Boulevard
#67 / 77
Bottom 13% · Avg 1,355 sqft
Same area · Island Lakes
#2,038 / 2,119
Bottom 4% · Avg 1,635 sqft
Citywide · Winnipeg
#132,478 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
394k
0255075100
Same streetBottom 35%Same areaBottom 6%CitywideTop 40%
Same street · Island Shore Boulevard
#50 / 77
Bottom 35% · Avg 433.7k
Same area · Island Lakes
#1,992 / 2,119
Bottom 6% · Avg 494.7k
Citywide · Winnipeg
#77,585 / 194,458
Top 40% · Avg 390.1k

Year Built

above average
1987
0255075100
Same streetBottom 42%Same areaBottom 25%CitywideTop 25%

Lot Size

around average
4,252 sqft
0255075100
Same streetBottom 29%Same areaBottom 4%CitywideBottom 30%

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

185 Island Shore Boulevard — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 102 m).

Search radius
🌳Parks2

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

185 Island Shore Boulevard: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 185 Island Shore Boulevard, Winnipeg

Property Overview: 185 Island Shore Boulevard

This one-storey home in Island Lakes offers a practical entry point into a well-established Winnipeg neighbourhood. Built in 1987, its key appeal lies in its renovated basement and manageable scale, presenting a straightforward living option. The 1,040 sqft living area is notably compact for the immediate area, placing it in the smaller third of homes on its own street and within the wider Island Lakes community. This suggests a more efficient, lower-maintenance footprint. The detached garage and a 4,252 sqft lot provide expected outdoor and storage space, though the lot size is also below the neighbourhood average. Its assessed value sits around the middle range for the city, but is comparatively lower within Island Lakes itself, indicating a potentially accessible price point for the area.

The property would suit first-time buyers or downsizers seeking the amenities and stability of a mature suburb without the upkeep of a larger home. Its below-average size and value for Island Lakes make it a pragmatic choice for those prioritizing location within the neighbourhood over square footage. A thoughtful perspective is that this home represents the more modest, original fabric of the area, offering a chance to live in a desirable community where many surrounding properties have been expanded or rebuilt over time.


Frequently Asked Questions

Is this a small house?
Yes, relative to its surroundings. At 1,040 sqft, it is smaller than most homes on its street and in the Island Lakes neighbourhood, but is close to the average size for a one-storey home across Winnipeg.

What does the "renovated basement" mean?
The listing confirms the basement is renovated, but the specific finishes, layout, and whether it includes a legal suite are not detailed. This would be a key point for your viewing and for discussions with the seller.

How does the assessed value relate to the likely selling price?
The assessed value for taxation ($39,400) is an administrative figure and is typically far below market value. The selling price will be determined by current market conditions. For context, this assessment is in the bottom 6% of Island Lakes, suggesting the home may be priced more accessibly than many in the neighbourhood.

Is the lot size a concern?
The lot is under 5,000 sqft, which is smaller than the Island Lakes average. This means less yard maintenance but also less private outdoor space. It’s a standard city lot, just not as large as many others in this specific community.

Who would this home not suit?
It may not suit buyers needing substantial above-ground living space or multiple large bedrooms, given its main-floor square footage. Those seeking a large yard or a home at the top end of the neighbourhood's market would also likely look elsewhere.

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