354 Belmont Avenue

Jefferson, Winnipeg

Property score

43.2

Below average

Overall 43.2 · Smaller than most nearby homes

720 sqft (bottom 15%) · Built in 1949 (1 yr newer than avg)

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

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 3 schools, 2 shops, 3 parks, and 1 place of worship nearby

Living Area

Below average

30% smaller than neighborhood avg.

Year Built

Near average

1 yrs newer 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

43.2 is composed by the two sections below.

Property Score

27.0Low
Living Area22
720 sqftLow
Year Built30
1949Low
Lot Size38
3,282 sqftLow
Neighbourhood Sales Activity42
Low

Community Score

67.5Good
Household Income72
Good
Education Level34
Low
Housing Stress83
Excellent
Core Housing Need88
Excellent
Employment Health76
Good

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

below average
720 sqft
0255075100
Same streetBottom 26%Same areaBottom 15%CitywideBottom 5%
Same street · Belmont Avenue
#163 / 221
Bottom 26% · Avg 904 sqft
Same area · Jefferson
#2,349 / 2,763
Bottom 15% · Avg 1,029 sqft
Citywide · Winnipeg
#184,672 / 194,458
Bottom 5% · Avg 1,342 sqft

Tax-Assessed Value

around average
232k
0255075100
Same streetBottom 34%Same areaBottom 17%CitywideBottom 13%
Same street · Belmont Avenue
#146 / 221
Bottom 34% · Avg 261k
Same area · Jefferson
#2,294 / 2,763
Bottom 17% · Avg 282.9k
Citywide · Winnipeg
#168,284 / 194,458
Bottom 13% · Avg 390.1k

Year Built

around average
1949
0255075100
Same streetTop 47%Same areaBottom 45%CitywideBottom 27%

Lot Size

around average
3,282 sqft
0255075100
Same streetBottom 38%Same areaBottom 15%CitywideBottom 16%

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

354 Belmont Avenue — 9 amenities found within 500 m, across 4 categories, including 3 education (nearest 275 m), 2 shopping (nearest 407 m), 3 parks (nearest 250 m).

Search radius
🏫Education3
🛒Shopping2
🌳Parks3
Worship1

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 11/2024CA$250k–300k
Sold price

Same street

Top 40%

Same area

Top 49%

City-wide

Bottom 26%

Related homes

Highlights & common questions: 354 Belmont Avenue, Winnipeg

Property Overview

This one-storey home at 354 Belmont Avenue in Winnipeg's Jefferson neighbourhood presents a compact, no-frills living opportunity. Built in 1949, its key characteristics include a 720 sqft living area, a renovated basement, and a detached garage on a 3,282 sqft lot. The home's assessed value is $23,200, and it last sold in late 2024 for an estimated $24,500–$27,500.

Section 1: Key Characteristics & Appeal

The primary appeal of this property lies in its affordability and functional simplicity. It ranks below average in size compared to most homes in the city, but is more typical for its immediate street and area. This positions it as a potentially accessible entry point into the market. The renovated basement adds valuable functional space to the modest main floor.

It would best suit a first-time buyer, an investor, or someone seeking a minimalist footprint. The below-average taxes (reflected in the low assessed value) are a significant, practical advantage. A less obvious perspective is that its very ordinariness—being statistically average for its direct vicinity in several metrics—suggests stability and a lack of over-improvement for the area, which can be a sensible financial foundation.

Section 2: Frequently Asked Questions

1. Is the house in move-in condition?
The listing confirms a renovated basement, but the condition of the main floor is not detailed. A viewing is essential to determine the level of work required.

2. Why is the assessed value so much lower than the city-wide average?
The assessed value is based on the property's characteristics (size, age, type) relative to its local market. It is actually around average for Belmont Avenue itself, indicating it is priced appropriately for its specific location and offering correspondingly lower property taxes.

3. What does the "below average" ranking for living area mean practically?
With 720 sqft of living area, the home is smaller than 95% of city-wide properties. This means efficient use of space is key. It is more comparable to a large apartment or condo in size, but with the benefits of a detached home and a yard.

4. Is the lot size a limitation?
At 3,282 sqft, the lot is smaller than the city average but fairly standard for the Jefferson area. It provides adequate outdoor space for a small garden, patio, or parking without the maintenance burden of a large yard.

5. How reliable are the sold price estimates provided?
The sold price range is based on public data. For the exact historical sale price, you must request it directly via the provided email service, as this information is manually verified and supplied.