315 Island Shore Boulevard

Island Lakes, Winnipeg

Property score

80.7

Excellent

Overall 80.7 · Compared with neighbourhood average

1,589 sqft (bottom 44%) · 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 2 parks nearby

Living Area

Near average

3% 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

80.7 is composed by the two sections below.

Property Score

74.2Good
Living Area1,589 sqft79Good
Year Built199381Excellent
Lot Size4,525 sqft60Fair
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

above average
1,589 sqft
0255075100
Same streetTop 25%Same areaBottom 44%CitywideTop 26%
Same street · Island Shore Boulevard
#19 / 77
Top 25% · Avg 1,355 sqft
Same area · Island Lakes
#1,182 / 2,119
Bottom 44% · Avg 1,635 sqft
Citywide · Winnipeg
#50,438 / 194,458
Top 26% · Avg 1,342 sqft

Tax-Assessed Value

above average
438k
0255075100
Same streetBottom 47%Same areaBottom 18%CitywideTop 30%
Same street · Island Shore Boulevard
#41 / 77
Bottom 47% · Avg 433.7k
Same area · Island Lakes
#1,748 / 2,119
Bottom 18% · Avg 494.7k
Citywide · Winnipeg
#59,291 / 194,458
Top 30% · Avg 390.1k

Year Built

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

Lot Size

around average
4,525 sqft
0255075100
Same streetBottom 47%Same areaBottom 14%CitywideBottom 35%

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

315 Island Shore Boulevard — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 347 m), 2 parks (nearest 188 m).

Search radius
🏫Education1
🌳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

Sold 7/2022CA$450k–500k
Sold price

Same street

Top 21%

Same area

Top 45%

City-wide

Top 23%

Related homes

Highlights & common questions: 315 Island Shore Boulevard, Winnipeg

Property Summary: 315 Island Shore Boulevard, Island Lakes, Winnipeg

Key Characteristics & Appeal

This two-storey home on Island Shore Boulevard is a well-positioned property within the established Island Lakes neighbourhood. Its key characteristic is its above-average living space (1,589 sqft), which ranks in the top 25% for its immediate street and top 26% citywide, offering more room than many comparable homes. The home features an attached garage and a renovated basement, adding functional living and storage space. Built in 1993, it is a relatively modern home compared to the Winnipeg average.

The appeal lies in its balanced offering within a mature community. While the lot size is more modest compared to others in Island Lakes, this can translate to less yard maintenance. The home’s assessed value is notably above the city median, yet it sits below the neighbourhood average, which may present a value opportunity within this desirable area. It would particularly suit buyers looking for a move-in ready, spacious family home in a settled neighbourhood without the upkeep of a larger property lot, or for those who prioritize interior living space over extensive outdoor space.

Frequently Asked Questions

1. How does this home’s value compare to the area?
The home’s assessed value is above the city-wide average but below the average for the Island Lakes neighbourhood specifically. This positioning can sometimes indicate a value proposition within a sought-after community.

2. Is the lot size a concern?
The land area is around the city average but smaller than many lots in Island Lakes. This is a trade-off: it means less yard maintenance but also less private outdoor space than some neighbours have.

3. What does "renovated basement" typically include?
The listing confirms a renovated basement but does not specify the scope. Buyers should inquire about the finish quality, permits, and the nature of the renovation (e.g., recreational room, additional bedroom, etc.).

4. How stable have property values been on this street?
Public data shows a sale in July 2022 in a range consistent with the current assessed value. For precise historical sold prices to track trends, you can request the exact figures via the provided email service.

5. What is the community vibe of Island Lakes?
Island Lakes is an established, family-oriented neighbourhood from the late 1980s and 1990s, known for its curvilinear streets, bay names, and access to parks and waterways. This home is on a main boulevard, so traffic considerations may differ from quieter bays or courts within the same community.

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