299 Island Shore Boulevard

Island Lakes, Winnipeg

Property score

79.8

Good

Overall 79.8 · Smaller than most nearby homes

1,379 sqft (bottom 23%) · Built in 1993 (2 yrs older than avg)

Located in a high-income area with median household income of ~148k

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

Living Area

Below average

16% smaller than neighborhood avg.

Year Built

Near average

2 yrs older than neighborhood avg.

Mother tongue

English · 70%French · 6%

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

79.8 is composed by the two sections below.

Property Score

72.6Good
Living Area1,379 sqft71Good
Year Built199381Excellent
Lot Size6,019 sqft81Excellent
Neighbourhood Sales Activity32Low

Community Score

90.5Excellent
Household Income93Excellent
Education Level82Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health83Excellent

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: #46111205

Community deep dive

$148K

Median household income

$155K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

10%

Single-person households

50%

Families with children

Population, labour & age

Population (2021)1,773
Labour force participation rate72%
Median age43.6
Avg household size3.1
Unemployment rate5%
Population density2906 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households10%
Couple families with children50%
Median household income (2020)$148K

Housing

Renter households1%
Condominium dwellings8%
Median dwelling value (owners)$448K

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority24%
Bachelor's or higher (25–64)46%
Mother tongue (1st)English · 70%
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
1,379 sqft
0255075100
Same streetTop 45%Same areaBottom 23%CitywideTop 37%
Same street · Island Shore Boulevard
#35 / 77
Top 45% · Avg 1,355 sqft
Same area · Island Lakes
#1,635 / 2,119
Bottom 23% · Avg 1,635 sqft
Citywide · Winnipeg
#71,486 / 194,458
Top 37% · Avg 1,342 sqft

Tax-Assessed Value

around average
424k
0255075100
Same streetBottom 39%Same areaBottom 13%CitywideTop 33%
Same street · Island Shore Boulevard
#47 / 77
Bottom 39% · Avg 433.7k
Same area · Island Lakes
#1,850 / 2,119
Bottom 13% · Avg 494.7k
Citywide · Winnipeg
#64,309 / 194,458
Top 33% · Avg 390.1k

Year Built

above average
1993
0255075100
Same streetTop 43%Same areaBottom 48%CitywideTop 21%

Lot Size

above average
6,019 sqft
0255075100
Same streetTop 19%Same areaTop 40%CitywideTop 31%

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

299 Island Shore Boulevard — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 397 m), 3 parks (nearest 195 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 6/2023CA$500k–550k
Sold price

Same street

Top 7%

Same area

Top 24%

City-wide

Top 15%

Related homes

Highlights & common questions: 299 Island Shore Boulevard, Winnipeg

Property Overview: 299 Island Shore Boulevard, Island Lakes

Key Characteristics & Buyer Profile

This well-situated one-storey home in Island Lakes offers practical, single-level living in a mature neighbourhood. Its key feature is a renovated basement, adding valuable finished space to the 1,379 sqft footprint. The home sits on a notably generous 6,019 sqft lot for its street, providing ample outdoor space that is a relative rarity in the area. Built in 1993, it is a solidly middle-aged home in a neighbourhood of similar vintage, meaning major components are likely original but within a typical lifecycle for updates.

The appeal lies in its balance and space. The lot size is a standout, offering potential for gardening, play, or expansion. The renovated basement immediately adds functional living area without the need for a project. While the living area and assessed value are average for the immediate vicinity, this positions the home as a stable, mid-range option without premium pricing. It would suit first-time buyers or downsizers seeking the convenience of one-floor living, a low-maintenance attached garage, and a private, larger-than-average yard in an established community. A thoughtful perspective is that its "average" metrics within Island Lakes might offer value compared to more updated homes, leaving room for personalization while benefiting from a desirable location.


Frequently Asked Questions

1. How does the lot size compare to others nearby?
The 6,019 sqft lot is above average for Island Shore Boulevard itself, ranking in the top 19% on the street. This means the property likely offers more private outdoor space than many of its direct neighbours.

2. What is the significance of the "renovated basement"?
While specific finishes aren't detailed, a renovated basement means this space is finished as living area, adding to the home's functional square footage. It represents move-in-ready space for a rec room, home office, or additional bedrooms, without the immediate cost and hassle of a renovation.

3. Is the assessed value a reliable indicator of the selling price?
Not directly. The assessed value of $42.40k is for municipal tax purposes. The last recorded sold price range (2023) was between $49.50k and $52.50k. Market conditions, the home's condition, and recent upgrades all influence the final sale price.

4. What does the age of the home (1993) imply for a buyer?
A home of this age is likely to have original major systems, like the roof, furnace, and windows. They may be nearing the end of their serviceable life, so a thorough inspection is advised to budget for potential future updates, which is common for homes in this vintage.

5. How does this home fit within the Island Lakes neighbourhood?
The data shows this home is around or below average for the neighbourhood in terms of living area and assessed value, but above average for lot size on its street. This suggests you are purchasing a property with a valuable land component in a sought-after area, but the home itself may be more modest compared to some larger or more updated houses in Island Lakes.

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