279 Island Shore Boulevard

Island Lakes, Winnipeg

Property score

68.1

Good

Overall 68.1 · Smaller and older than most nearby homes

1,097 sqft (bottom 7%) · Built in 1987 (8 yrs older than avg)

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

Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 1 school, and 3 parks nearby

Living Area

Below average

33% 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

68.1 is composed by the two sections below.

Property Score

57.4Fair
Living Area52
1,097 sqftFair
Year Built78
1987Good
Lot Size60
4,726 sqftFair
Neighbourhood Sales Activity32
Low

Community Score

84.2Excellent
Household Income87
Excellent
Education Level82
Excellent
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health60
Fair

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
1,097 sqft
0255075100
Same streetBottom 25%Same areaBottom 7%CitywideBottom 39%
Same street · Island Shore Boulevard
#58 / 77
Bottom 25% · Avg 1,355 sqft
Same area · Island Lakes
#1,980 / 2,119
Bottom 7% · Avg 1,635 sqft
Citywide · Winnipeg
#118,101 / 194,458
Bottom 39% · Avg 1,342 sqft

Tax-Assessed Value

around average
383k
0255075100
Same streetBottom 21%Same areaBottom 4%CitywideTop 43%
Same street · Island Shore Boulevard
#61 / 77
Bottom 21% · Avg 433.7k
Same area · Island Lakes
#2,029 / 2,119
Bottom 4% · Avg 494.7k
Citywide · Winnipeg
#83,630 / 194,458
Top 43% · Avg 390.1k

Year Built

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

Lot Size

around average
4,726 sqft
0255075100
Same streetTop 42%Same areaBottom 23%CitywideBottom 38%

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

279 Island Shore Boulevard — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 473 m), 3 parks (nearest 159 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 5/2024CA$400k–450k
Sold price

Same street

Top 28%

Same area

Bottom 49%

City-wide

Top 25%
Sold 8/2020CA$350k–400k
Sold price

Same street

Bottom 34%

Same area

Bottom 12%

City-wide

Top 43%

Related homes

Highlights & common questions: 279 Island Shore Boulevard, Winnipeg

Property Overview: 279 Island Shore Boulevard

This single-storey home in Winnipeg's Island Lakes neighbourhood presents a practical opportunity in a well-established area. Built in 1987, it features 1,097 sqft of living space and a renovated basement, situated on a 4,726 sqft lot. The home has no garage or pool. Its recent sold price history and assessed value position it as a more accessible entry point within its immediate area.

Section 1: Key Characteristics & Appeal

The primary appeal of this property lies in its value proposition within the Island Lakes community. While its living space is below the neighbourhood average, the renovated basement adds functional square footage. Its assessed value is significantly lower than many area comparables, suggesting a potentially lower property tax burden and an opportunity for buyers priced out of larger homes in the same sought-after area.

It suits first-time buyers or downsizers seeking single-level living in a mature neighbourhood with amenities. The lot size is manageable for low-maintenance outdoor space. A thoughtful perspective is that this home represents the "starter" tier of Island Lakes—offering the location and community benefits without the premium price tag of its larger, newer neighbours. It’s a home for those who prioritize location and practicality over size or modern features.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to the area?
The assessed value is below the average for both Island Shore Boulevard and the wider Island Lakes neighbourhood, but is around the city-wide average. This indicates it’s a competitively priced option within the city, but stands out as a value-oriented choice within this specific community.

2. What does the sold price history indicate?
The home sold in May 2024 and previously in August 2020. The increase in sold price range between those dates aligns with broader market trends, showing steady appreciation. The most recent sale price positioned it in the top 28% for value on its own street.

3. Is the lot size a disadvantage?
At 4,726 sqft, the lot is below the Island Lakes average but is close to the average for its own street. It provides adequate private outdoor space for a patio or garden while requiring less maintenance than a larger yard—a potential benefit for many buyers.

4. What should I know about the “renovated basement”?
While noted as renovated, the specifics of the renovation (quality, finish, permits) are not detailed here. This is a key area for a professional home inspection to verify the workmanship and ensure it adds safe, comfortable living space.

5. How does the age of the home (1987) factor in?
Built in 1987, the home is older than many in Island Lakes but is newer than the Winnipeg city-wide average. Buyers should be prepared for potential updates to original components, such as the roof, windows, or major systems, which may be nearing the end of their typical lifespan.