424 Island Shore Boulevard

Island Lakes, ਵਿਨੀਪਿਗ

Property score

81.9

Excellent

Overall 81.9 · Newer than most nearby homes

1,649 sqft (top 48%) · Built in 2001 (6 yrs newer than avg)

Located in a high-income area with median household income of ~141k

Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 1 school, and 2 parks nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Near average

1% larger than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Above average

6 yrs newer than neighborhood avg.

Mother tongue

English · 64%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

81.9 is composed by the two sections below.

Property Score

76.8Good
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ1,649 sqft83Excellent
ਤਰੀਕ ਤੋਂ ਬਣਿਆ200187Excellent
ਜ਼ਮੀਨ4,469 sqft53Fair
Neighbourhood Sales Activity32Low

Community Score

89.5Excellent
Household Income93Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health83Excellent

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Island Lakes

How to read: Share of sales in each ~$50k price band for “island lakes” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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: #46111206

Community deep dive

$141K

Median household income

$153K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

7%

Single-person households

54%

Families with children

Population, labour & age

Population (2021)2,712
Labour force participation rate73%
Median age36.8
Avg household size3.3
Unemployment rate6%
Population density3190 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households7%
Couple families with children54%
Median household income (2020)$141K

Housing

Renter households1%
Condominium dwellings8%
Median dwelling value (owners)$452K

Diversity, education & language

Immigrants (share of pop.)24%
Visible minority38%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 64%
Mother tongue (2nd)French · 5%

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

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ ਤੋਂ ਉੱਪਰ
1,649 sqft
0255075100
Same streetਟਾਪ 16%Same areaਟਾਪ 48%Citywideਟਾਪ 23%
Same street · Island Shore Boulevard
#12 / 77
ਟਾਪ 16% · ਔਸਤ 1,355 sqft
Same area · Island Lakes
#1,009 / 2,119
ਟਾਪ 48% · ਔਸਤ 1,635 sqft
Citywide · ਵਿਨੀਪਿਗ
#44,818 / 194,458
ਟਾਪ 23% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਇਲੀਟ
538k
0255075100
Same streetਟਾਪ 4%Same areaਟਾਪ 21%Citywideਟਾਪ 14%
Same street · Island Shore Boulevard
#3 / 77
ਟਾਪ 4% · ਔਸਤ 433.7k
Same area · Island Lakes
#441 / 2,119
ਟਾਪ 21% · ਔਸਤ 494.7k
Citywide · ਵਿਨੀਪਿਗ
#27,600 / 194,458
ਟਾਪ 14% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ ਤੋਂ ਉੱਪਰ
2001
0255075100
Same streetਟਾਪ 26%Same areaਟਾਪ 30%Citywideਟਾਪ 17%

ਜ਼ਮੀਨ

ਔਸਤ
4,469 sqft
0255075100
Same streetਹੇਠਲੇ 43%Same areaਹੇਠਲੇ 13%Citywideਹੇਠਲੇ 33%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

424 Island Shore Boulevard — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 119 m), 2 parks (nearest 392 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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

9/2017 ਵਿਚ ਵਿਕਿਆCA$400k–450k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਟਾਪ 31%

ਉਹੀ ਇਲਾਕਾ

ਹੇਠਲੇ 45%

ਪੂਰਾ ਸ਼ਹਿਰ

ਟਾਪ 27%

Related homes

ਵਿਨੀਪਿਗ 424 Island Shore Boulevard — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview

This well-situated home at 424 Island Shore Boulevard in Island Lakes presents a compelling blend of space, modern updates, and strong value positioning within its community. Built in 2001, it offers a renovated basement and an attached garage.

Key Characteristics & Appeal

The home’s primary appeal lies in its above-average living space and standout assessed value. With 1,649 sqft, it offers more room than most comparable homes on its street and across Winnipeg. Its assessed value of $53.80k ranks in the elite top 4% on Island Shore Boulevard, suggesting a very favourable valuation relative to its immediate neighbours, which can be attractive for equity and investment.

The renovated basement adds functional, modern living space. While the lot size is somewhat smaller than the Island Lakes average, this often translates to less yard maintenance. The home suits buyers looking for a move-in ready property with updated features in a mature, established neighbourhood. It’s particularly well-matched for those who prioritize interior space and proven value over a large yard, and for owners who appreciate a home that stands out positively in its direct vicinity for its valuation metrics.

Frequently Asked Questions

1. What does the "elite" assessed value ranking mean for me?
This indicates the home’s official assessed value is among the highest on its street. It can reflect desirable features or improvements and often suggests strong potential equity, but it’s important to review recent comparable sales for current market context.

2. Is the smaller lot size a significant drawback?
It depends on your priorities. The lot is near the city-wide average but below the norm for Island Lakes. This typically means less outdoor maintenance, but also less private yard space compared to some neighbours.

3. The home was last sold in 2017. What should I consider?
A nearly eight-year ownership period suggests stability in the home’s history. It’s wise to ask what renovations or updates were completed during this time, as the basement renovation is already noted.

4. How does the living area compare to nearby homes?
The home ranks in the top 16% for living area on its street. Simply put, it is larger than most homes directly around it, offering more interior space than the immediate average.

5. The provided sold price is a range. How can I get the exact figure?
The exact sold price from 2017 is available upon request from the listing service. You can provide your email to receive it; they state this is done manually without using your information for unsolicited marketing.

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