45 Leicester Square

Jameswood, Winnipeg

Property score

59.1

Fair

Overall 59.1 · Newer than most nearby homes

988 sqft (bottom 33%) · Built in 1957

Located in a high-income area with median household income of ~92k

Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 1 school, 1 shop, and 1 park nearby

Living Area

Below average

7% smaller than neighborhood avg.

Year Built

Above average

0 yrs newer than neighborhood avg.

Mother tongue

English · 87%Tagalog · 5%

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

Sold Count

203

Median price

341.5k

$/sqft

$321/sqft

Avg build year

1957

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Property score

59.1 is composed by the two sections below.

Property Score

47.3Low
Living Area42
988 sqftLow
Year Built43
1957Low
Lot Size67
5,300 sqftGood
Neighbourhood Sales Activity69
Good

Community Score

76.9Good
Household Income81
Excellent
Education Level44
Low
Housing Stress93
Excellent
Core Housing Need100
Excellent
Employment Health83
Excellent

Neighbourhood Sales

Jameswood

How to read: Share of sales in each ~$50k price band for “jameswood” (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: #46110272

Community deep dive

$92K

Median household income

$91K

Average household income

2%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.3

P90 / P10 ratio

35%

Single-person households

20%

Families with children

Population, labour & age

Population (2021)427
Labour force participation rate68%
Median age38.8
Avg household size2.2
Unemployment rate0%
Population density2668 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households35%
Couple families with children20%
Median household income (2020)$92K

Housing

Renter households7%
Condominium dwellings0%
Median dwelling value (owners)$276K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority10%
Bachelor's or higher (25–64)20%
Mother tongue (1st)English · 87%
Mother tongue (2nd)Tagalog · 4%

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

Rankings

Living Area

around average
988 sqft
0255075100
Same streetBottom 33%Same areaBottom 33%CitywideBottom 25%
Same street · Leicester Square
#26 / 39
Bottom 33% · Avg 1,078 sqft
Same area · Jameswood
#288 / 431
Bottom 33% · Avg 1,059 sqft
Citywide · Winnipeg
#145,831 / 194,458
Bottom 25% · Avg 1,342 sqft

Tax-Assessed Value

around average
315k
0255075100
Same streetTop 44%Same areaTop 32%CitywideBottom 34%
Same street · Leicester Square
#17 / 39
Top 44% · Avg 317.2k
Same area · Jameswood
#137 / 431
Top 32% · Avg 305.3k
Citywide · Winnipeg
#128,657 / 194,458
Bottom 34% · Avg 390.1k

Year Built

Elite
1957
0255075100
Same streetTop 3%Same areaTop 2%CitywideBottom 37%

Lot Size

around average
5,300 sqft
0255075100
Same streetBottom 44%Same areaBottom 42%CitywideTop 48%

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

45 Leicester Square — 11 amenities found within 500 m, across 6 categories, including 3 dining (nearest 390 m), 1 education (nearest 470 m), 1 shopping (nearest 442 m).

Search radius
🍽️Dining3
🏫Education1
🛒Shopping1
🌳Parks1
Fuel Stations1
Worship4

Crime & Safety

Jameswood · WPS public data · 2026

Annual incidents

1

2026

vs. city avg

-97%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Other

100%

Sales History

Sold 6/2020CA$250k–300k
Sold price

Same street

Bottom 14%

Same area

Bottom 40%

City-wide

Bottom 29%

Related homes

Highlights & common questions: 45 Leicester Square, Winnipeg

Property Overview: 45 Leicester Square, Winnipeg

Key Characteristics & Appeal

This is a compact, one-and-a-half storey home in Jameswood, built in 1957. With 988 square feet of living space and a renovated basement, it offers a practical layout on a standard 5,300 sqft lot. The home's standout characteristic is its age: it ranks among the very oldest homes on its street and in the wider Jameswood area, which can imply a well-established neighborhood character and mature landscaping. Its assessed value is consistently average for its immediate vicinity, suggesting it aligns with local market expectations rather than standing out as over- or under-valued.

The appeal lies in its position as a straightforward, no-frills property in a mature neighborhood. It suits first-time buyers, downsizers, or practical investors looking for an entry point into the Winnipeg market without premium costs for extras like a garage or pool. The renovated basement adds functional living space, a key update for a home of this era. A thoughtful perspective: its "average" metrics across the board might be seen as a stability advantage—it's less likely to carry the price volatility or premium taxes associated with highly unique or top-tier-ranked properties, offering a predictable ownership experience.


Frequently Asked Questions

1. What does the "Elite" ranking for Year Built mean?
It indicates this home is among the oldest (top 2-3%) in its immediate area. This isn't about luxury, but about the home's historical placement in the neighborhood's development.

2. How does the living area compare to typical Winnipeg homes?
At 988 sqft, it's below the city-wide average for living space. This confirms it's a more compact home, better suited for individuals, couples, or small families.

3. Is the assessed value a reliable indicator of the selling price?
The assessed value ($31,500) is for municipal tax purposes. Notably, the last recorded sold price range (2020) was lower, between $25.5k and $28.5k. Market conditions, property condition, and renovations will determine the actual sale price.

4. What are the implications of not having a garage?
This is a common feature for homes of this age and style. Buyers should budget for alternative parking solutions and consider the impact on winter convenience and storage needs.

5. You mention a renovated basement. What isn't specified?
The details, quality, and permits for the renovation are not provided. A prospective buyer should investigate the scope of the work, what it includes (e.g., moisture control, egress windows), and ensure all upgrades are properly documented.