354 Kensington Street

Kensington, Winnipeg

Property score

39.5

Below average

Overall 39.5 · Smaller and older than most nearby homes

742 sqft (bottom 24%) · Built in 1914 (30 yrs older than avg)

Located in a above-average income area with median household income of ~74.5k

Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 9 dining spots, 1 school, 1 healthcare facility, and 2 shops nearby

Living Area

Below average

19% smaller than neighborhood avg.

Year Built

Below average

30 yrs older than neighborhood avg.

Mother tongue

English · 69%Tagalog · 13%

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

Sold Count

54

Median price

250.3k

$/sqft

$267/sqft

Avg build year

1944

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Property score

39.5 is composed by the two sections below.

Property Score

22.7Low
Living Area22
742 sqftLow
Year Built16
1914Low
Lot Size28
2,502 sqftLow
Neighbourhood Sales Activity42
Low

Community Score

64.8Fair
Household Income74
Good
Education Level34
Low
Housing Stress74
Good
Core Housing Need76
Good
Employment Health60
Fair

Neighbourhood Sales

Kensington

How to read: Share of sales in each ~$50k price band for “kensington” (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: #46110246

Community deep dive

$75K

Median household income

$85K

Average household income

13%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

28%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)590
Labour force participation rate68%
Median age34.0
Avg household size2.6
Unemployment rate13%
Population density2681 / km²

Households & income

Low income (LIM-AT, % pop.)13%
Single-person households28%
Couple families with children21%
Median household income (2020)$75K

Housing

Renter households24%
Condominium dwellings0%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)24%
Visible minority35%
Bachelor's or higher (25–64)16%
Mother tongue (1st)English · 69%
Mother tongue (2nd)Tagalog · 12%

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

Rankings

Living Area

below average
742 sqft
0255075100
Same streetBottom 25%Same areaBottom 24%CitywideBottom 6%
Same street · Kensington Street
#52 / 69
Bottom 25% · Avg 875 sqft
Same area · Kensington
#96 / 127
Bottom 24% · Avg 914 sqft
Citywide · Winnipeg
#183,033 / 194,458
Bottom 6% · Avg 1,342 sqft

Tax-Assessed Value

below average
172k
0255075100
Same streetBottom 25%Same areaBottom 20%CitywideBottom 5%
Same street · Kensington Street
#52 / 69
Bottom 25% · Avg 229.8k
Same area · Kensington
#101 / 127
Bottom 20% · Avg 222.4k
Citywide · Winnipeg
#184,791 / 194,458
Bottom 5% · Avg 390.1k

Year Built

below average
1914
0255075100
Same streetBottom 16%Same areaBottom 9%CitywideBottom 11%

Lot Size

around average
2,502 sqft
0255075100
Same streetBottom 49%Same areaBottom 27%CitywideBottom 5%

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 Kensington Street — 23 amenities found within 500 m, across 7 categories, including 9 dining (nearest 184 m), 1 education (nearest 477 m), 1 healthcare (nearest 295 m).

Search radius
🍽️Dining9
🏫Education1
🏥Healthcare1
🛒Shopping2
🌳Parks5
🏦Finance2
Fuel Stations3

Crime & Safety

Kensington · WPS public data · 2026

Annual incidents

6

2026

vs. city avg

-80%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Property

83%

Sales History

Sold 9/2020CA$150k–200k
Sold price

Same street

Bottom 25%

Same area

Bottom 35%

City-wide

Bottom 6%
Sold 5/2016CA$150k–200k
Sold price

Same street

Bottom 14%

Same area

Bottom 26%

City-wide

Bottom 5%

Related homes

Highlights & common questions: 354 Kensington Street, Winnipeg

Property Overview: 354 Kensington Street, Winnipeg

Key Characteristics, Appeal & Ideal Buyer

This is a compact, one-storey home built in 1914, presenting a straightforward and affordable entry point into Winnipeg’s Kensington neighborhood. With 742 square feet of living space and an unrenovated basement, it is notably smaller and older than most homes in the city. Its key appeal lies in its low assessed value, which places it well below area and city-wide averages, suggesting a potentially low property tax burden and an accessible price point. The lot size of 2,502 sqft is fairly average for its immediate street, offering a manageable outdoor space.

This property would primarily suit a very budget-conscious first-time buyer, an investor looking for a rental property with low carrying costs, or someone seeking a minimalist footprint. Its value is functional rather than luxurious, appealing to those who view a home as a practical necessity and are willing to accept its dated condition and size limitations. A less obvious perspective is that its consistent below-average metrics across the board indicate it’s a stable, no-frills asset in a market where many properties are larger and more updated, potentially offering insulation from the higher costs and competition associated with more typical homes.

Frequently Asked Questions

1. Why is the assessed value so much lower than the average?
The assessed value reflects the home’s smaller size, older age, and lack of renovations compared to most properties in Winnipeg. This results in a lower valuation for municipal tax purposes.

2. What does "Top 75%" or "Top 94%" mean for the Living Area?
These rankings show how this home compares to others. For example, "Top 94% citywide" means its living area is smaller than approximately 94% of homes in Winnipeg, placing it in the bottom 6% for size.

3. Is the unrenovated basement finished?
The listing specifies the basement is "not renovated," which typically means it is unfinished or in original condition, offering utility space or storage but not additional living area.

4. How reliable are the sold price ranges shown?
The ranges are based on public data. For the exact historical sale prices, you must request the information directly via the provided email link, as the site manually verifies and supplies those figures.

5. Given its age, what should I be most concerned about?
As a 112-year-old home, prospective buyers should prioritize inspections for foundational integrity, outdated plumbing and electrical systems, and energy efficiency. The age suggests potential for higher maintenance costs despite the low assessed value.