260 Belmont Avenue

Jefferson, Winnipeg

Property score

44.7

Below average

Overall 44.7 · Older than most nearby homes

888 sqft (bottom 34%) · Built in 1929 (19 yrs older than avg)

Located in a above-average income area with median household income of ~72k

Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 3 dining spots, 3 schools, 2 shops, and 2 parks nearby

Living Area

Below average

14% smaller than neighborhood avg.

Year Built

Below average

19 yrs older than neighborhood avg.

Mother tongue

English · 67%Tagalog · 14%

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

Sold Count

1,026

Median price

320k

$/sqft

$314/sqft

Avg build year

1948

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Property score

44.7 is composed by the two sections below.

Property Score

29.5Low
Living Area888 sqft32Low
Year Built192920Low
Lot Size2,884 sqft28Low
Neighbourhood Sales Activity42Low

Community Score

67.5Good
Household Income72Good
Education Level34Low
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health76Good

Neighbourhood Sales

Jefferson

How to read: Share of sales in each ~$50k price band for “jefferson” (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: #46110024

Community deep dive

$72K

Median household income

$83K

Average household income

12%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

31%

Single-person households

24%

Families with children

Population, labour & age

Population (2021)623
Labour force participation rate70%
Median age41.6
Avg household size2.3
Unemployment rate7%
Population density3278 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households31%
Couple families with children24%
Median household income (2020)$72K

Housing

Renter households17%
Condominium dwellings0%
Median dwelling value (owners)$240K

Diversity, education & language

Immigrants (share of pop.)33%
Visible minority34%
Bachelor's or higher (25–64)18%
Mother tongue (1st)English · 66%
Mother tongue (2nd)Tagalog · 13%

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

Rankings

Living Area

around average
888 sqft
0255075100
Same streetTop 48%Same areaBottom 34%CitywideBottom 15%
Same street · Belmont Avenue
#106 / 221
Top 48% · Avg 904 sqft
Same area · Jefferson
#1,824 / 2,763
Bottom 34% · Avg 1,029 sqft
Citywide · Winnipeg
#164,511 / 194,458
Bottom 15% · Avg 1,342 sqft

Tax-Assessed Value

below average
203k
0255075100
Same streetBottom 18%Same areaBottom 9%CitywideBottom 9%
Same street · Belmont Avenue
#181 / 221
Bottom 18% · Avg 261k
Same area · Jefferson
#2,519 / 2,763
Bottom 9% · Avg 282.9k
Citywide · Winnipeg
#177,659 / 194,458
Bottom 9% · Avg 390.1k

Year Built

below average
1929
0255075100
Same streetBottom 28%Same areaBottom 19%CitywideBottom 17%

Lot Size

below average
2,884 sqft
0255075100
Same streetBottom 14%Same areaBottom 6%CitywideBottom 9%

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

260 Belmont Avenue — 11 amenities found within 500 m, across 5 categories, including 3 dining (nearest 293 m), 3 education (nearest 347 m), 2 shopping (nearest 446 m).

Search radius
🍽️Dining3
🏫Education3
🛒Shopping2
🌳Parks2
Fuel Stations1

Crime & Safety

Jefferson · WPS public data · 2026

Annual incidents

40

2026

vs. city avg

+36%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Property

80%

Sales History

Sold 9/2024CA$250k–300k
Sold price

Same street

Top 46%

Same area

Bottom 45%

City-wide

Bottom 23%
Sold 2/2016CA$150k–200k
Sold price

Same street

Bottom 9%

Same area

Bottom 4%

City-wide

Bottom 4%

Related homes

Highlights & common questions: 260 Belmont Avenue, Winnipeg

Property Overview: 260 Belmont Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home on Belmont Avenue in the Jefferson neighbourhood presents a straightforward, entry-level opportunity. Built in 1929, its 888 sqft living area is quite typical for similar homes on its street but is modest by wider city standards. The property’s standout characteristic is its very low assessed value, which is significantly below averages for the street, neighbourhood, and city. This indicates a potentially lower property tax burden and a accessible price point.

The appeal lies in its simplicity and affordability. It features a basement (unrenovated) and sits on a manageable 2,884 sqft lot. It suits first-time buyers seeking a functional starter home with lower ongoing costs, or investors looking for a rental property with a low acquisition cost. A thoughtful perspective is that while the home ranks below average in most metrics city-wide, it fits the local context of Belmont Avenue quite closely in terms of size and age, suggesting it’s a characteristic home for the immediate area rather than an outlier. Its recent sale history shows appreciation, pointing to a stable, if humble, market position.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than the city average?
Assessed value is not market value; it's used for calculating property taxes. This assessment reflects the home’s modest size, age, and likely its condition and features relative to the broader spectrum of homes across Winnipeg, which includes many larger, newer properties.

2. What does "Top 48%" for Living Area on the street mean?
It means this home’s living area is larger than 48% of similar properties on Belmont Avenue. Essentially, its size is just below the middle of the pack for its immediate vicinity, making it a fairly typical footprint for the street.

3. Is the unrenovated basement finished or usable?
The details specify the basement is "not renovated." This typically means it is unfinished—likely with concrete floors and walls, housing utilities—and would require work to become livable space.

4. How reliable are the sold price ranges shown?
The ranges are based on public data. For the exact historical sold prices, you must request them via email. The service provides the precise figures manually and does not use your email for unsolicited marketing.

5. The home sold recently in 2024; what might this indicate?
A recent sale can indicate a few things: a quick turnover by an investor, a homeowner’s changed circumstances, or a property that is easily transacted due to its clear, affordable profile. Reviewing the exact sold price when available is crucial to understanding its current market trajectory.

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