205 Templeton Avenue

Margaret Park, Winnipeg

Property score

24.3

Below average

Overall 24.3 · Smaller and older than most nearby homes

610 sqft (bottom 1%) · Built in 1912 (51 yrs older than avg)

Located in a below-average income area with median household income of ~44.4k

Transit 100.0 · 2-min walk to transit with 5 nearby routes · Within 500m: 1 dining spot, and 2 parks nearby

Living Area

Below average

42% smaller than neighborhood avg.

Year Built

Below average

51 yrs older than neighborhood avg.

Mother tongue

English · 66%Tagalog · 9%

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

Sold Count

234

Median price

400k

$/sqft

$328/sqft

Avg build year

1963

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Property score

24.3 is composed by the two sections below.

Property Score

16.3Low
Living Area610 sqft15Low
Year Built191216Low
Lot Size2,481 sqft18Low
Neighbourhood Sales Activity28Low

Community Score

36.4Low
Household Income45Low
Education Level22Low
Housing Stress42Low
Core Housing Need25Low
Employment Health28Low

Neighbourhood Sales

Margaret Park

How to read: Share of sales in each ~$50k price band for “margaret park” (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: #46110016

Community deep dive

$44K

Median household income

$63K

Average household income

26%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.6

P90 / P10 ratio

58%

Single-person households

16%

Families with children

Population, labour & age

Population (2021)517
Labour force participation rate49%
Median age52.0
Avg household size1.8
Unemployment rate29%
Population density1988 / km²

Households & income

Low income (LIM-AT, % pop.)26%
Single-person households58%
Couple families with children16%
Median household income (2020)$44K

Housing

Renter households64%
Condominium dwellings0%
Median dwelling value (owners)$272K

Diversity, education & language

Immigrants (share of pop.)27%
Visible minority37%
Bachelor's or higher (25–64)12%
Mother tongue (1st)English · 66%
Mother tongue (2nd)Tagalog · 8%

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

Rankings

Living Area

below average
610 sqft
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 1%
Same street · Templeton Avenue
#226 / 226
Bottom 1% · Avg 1,396 sqft
Same area · Margaret Park
#674 / 676
Bottom 1% · Avg 1,047 sqft
Citywide · Winnipeg
#192,580 / 194,458
Bottom 1% · Avg 1,342 sqft

Tax-Assessed Value

below average
202k
0255075100
Same streetBottom 1%Same areaBottom 4%CitywideBottom 8%
Same street · Templeton Avenue
#223 / 226
Bottom 1% · Avg 403.2k
Same area · Margaret Park
#647 / 676
Bottom 4% · Avg 304.6k
Citywide · Winnipeg
#177,947 / 194,458
Bottom 8% · Avg 390.1k

Year Built

below average
1912
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 8%

Lot Size

below average
2,481 sqft
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 4%

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

205 Templeton Avenue — 3 amenities found within 500 m, across 2 categories, including 1 dining (nearest 189 m), 2 parks (nearest 427 m).

Search radius
🍽️Dining1
🌳Parks2

Crime & Safety

Margaret Park · WPS public data · 2026

Annual incidents

16

2026

vs. city avg

-46%

relative to avg

Year-over-year

-89%

vs. prior year

Primary type

Property

63%

Sales History

205 Templeton Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 205 Templeton Avenue, Winnipeg

205 Templeton Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 610 sqft home built in 1912, sitting on a 2,481 sqft lot in Winnipeg’s Margaret Park neighbourhood. The numbers tell a straightforward story: the property is smaller and older than nearly everything around it. On its own street, it ranks last in both living area and year built. Citywide, it sits in the bottom 1–8% across most categories. Assessed value is $202,000—well below the street average of $403,200 and the neighbourhood average of $304,600.

The appeal here isn’t about competing with neighbouring houses on size or modernity. It’s about entry point. This property offers a lower price threshold in an established neighbourhood, which may appeal to buyers who are willing to trade space and vintage for location and a smaller mortgage. It could suit first-time buyers who want to get into a built-up area without paying for a full-size lot or a renovated interior, or investors looking for a teardown or major reno project on a compact lot. The low assessed value relative to the citywide median suggests there’s room for value-add work, but the buyer should go in with eyes open: the home’s size and age will limit financing options and renovation ROI compared to larger, newer properties nearby.


Frequently Asked Questions

1. Why is the assessed value so much lower than the street average?
The street has newer, larger homes—many built in the 1980s or later—with bigger living areas and lots. This property is among the oldest and smallest on Templeton Avenue, and assessed value primarily reflects square footage, age, and condition relative to comparable sales.

2. Could this property be a good candidate for a major renovation or rebuild?
Possibly, but the lot is small (2,481 sqft) compared to the neighbourhood average of over 5,000 sqft. A full rebuild may not be cost-effective unless zoning allows for a second storey or a more efficient layout. Renovation would likely need to work within the existing footprint to make financial sense.

3. How does the year built (1912) affect things like insurance and maintenance?
Older homes often have knob-and-tube wiring, lead pipes, or foundation issues that aren’t immediately visible. Insurance premiums can be higher, and some lenders may require an inspection before approving a mortgage. A specialist home inspection is strongly recommended.

4. Is this a good investment for a rental property?
The low purchase price improves cash-flow potential, but the small size limits rental income compared to larger units in the same area. It could work as a lower-rent unit, but buyers should check local rental demand and whether the neighbourhood has a strong renter pool for smaller homes.

5. What does “Top 100%” mean in the rankings?
It means the property ranks at the very bottom of that category. For example, “Top 100%” on street-level land area means all 226 homes on Templeton Avenue have larger lots. “Top 99%” means it outperforms only 1% of comparable homes. The bar fill colour (red/amber/blue/gray) indicates how far below the median the property sits.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.