361 Templeton Avenue

Margaret Park, Winnipeg

Property score

60.3

Fair

Overall 60.3 · Larger and newer than most nearby homes

1,196 sqft (top 23%) · Built in 1970 (7 yrs newer than avg)

Located in a above-average income area with median household income of ~83k

Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 1 school, 5 parks, and 1 sports facility nearby

Living Area

Above average

14% larger than neighborhood avg.

Year Built

Above average

7 yrs newer than neighborhood avg.

Mother tongue

English · 71%Tagalog · 6%

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

60.3 is composed by the two sections below.

Property Score

52.0Fair
Living Area1,196 sqft60Fair
Year Built197052Fair
Lot Size2,805 sqft28Low
Neighbourhood Sales Activity28Low

Community Score

72.7Good
Household Income78Good
Education Level63Fair
Housing Stress83Excellent
Core Housing Need76Good
Employment Health52Fair

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: #46110765

Community deep dive

$83K

Median household income

$88K

Average household income

10%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

20%

Single-person households

24%

Families with children

Population, labour & age

Population (2021)397
Labour force participation rate60%
Median age38.0
Avg household size2.8
Unemployment rate13%
Population density1654 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households20%
Couple families with children24%
Median household income (2020)$83K

Housing

Renter households8%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority29%
Bachelor's or higher (25–64)34%
Mother tongue (1st)English · 70%
Mother tongue (2nd)Tagalog · 6%

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

Rankings

Living Area

above average
1,196 sqft
0255075100
Same streetBottom 41%Same areaTop 23%CitywideBottom 49%
Same street · Templeton Avenue
#133 / 226
Bottom 41% · Avg 1,396 sqft
Same area · Margaret Park
#156 / 676
Top 23% · Avg 1,047 sqft
Citywide · Winnipeg
#98,834 / 194,458
Bottom 49% · Avg 1,342 sqft

Tax-Assessed Value

below average
241k
0255075100
Same streetBottom 5%Same areaBottom 17%CitywideBottom 15%
Same street · Templeton Avenue
#214 / 226
Bottom 5% · Avg 403.2k
Same area · Margaret Park
#559 / 676
Bottom 17% · Avg 304.6k
Citywide · Winnipeg
#164,941 / 194,458
Bottom 15% · Avg 390.1k

Year Built

above average
1970
0255075100
Same streetBottom 30%Same areaTop 22%CitywideTop 48%

Lot Size

below average
2,805 sqft
0255075100
Same streetBottom 2%Same areaBottom 3%CitywideBottom 8%

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

361 Templeton Avenue — 7 amenities found within 500 m, across 3 categories, including 1 education (nearest 193 m), 5 parks (nearest 179 m).

Search radius
🏫Education1
🌳Parks5
💪Sports1

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

Sold 6/2023CA$250k–300k
Sold price

Same street

Bottom 9%

Same area

Bottom 35%

City-wide

Bottom 24%
Sold 9/2019CA$200k–250k
Sold price

Same street

Bottom 2%

Same area

Bottom 24%

City-wide

Bottom 15%

Related homes

Highlights & common questions: 361 Templeton Avenue, Winnipeg

Property Overview: 361 Templeton Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 361 Templeton Avenue in Margaret Park presents a specific and practical value proposition. Built in 1970, its 1,196 sqft living space is modest but functional, ranking around average for its immediate street and the wider city. The standout characteristic is its very low assessed value ($24,100), which places it in the bottom 15-20% of homes locally and citywide. This is coupled with a notably smaller lot size (2,805 sqft) compared to area norms.

The appeal lies in its position as an accessible entry point into the Winnipeg market. It suits first-time buyers or investors seeking a lower-cost footprint in a central neighbourhood, where the priority is land ownership and location over size or modern features. The recent sale history suggests it’s a fixer-upper or value-play property. A thoughtful perspective is that this smaller lot and home could mean lower maintenance costs and property taxes, offering a simpler, more manageable homeownership experience. It would not suit buyers looking for ample outdoor space, new builds, or who are not prepared for potential updates.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than the city average?
The assessed value is based on municipal evaluation, which considers factors like lot size, living area, age, and condition. This home’s below-average lot size and modest specifications result in a significantly lower assessment than typical Winnipeg homes.

2. What does the sold price history indicate about the property’s condition?
The home sold between $250k-$300k in 2023 and $200k-$250k in 2019. This price range, combined with the very low assessed value, strongly suggests it is a basic or fixer-upper property, not a renovated or modernized home.

3. Is the smaller lot size a major disadvantage?
It depends on your needs. While it offers less private outdoor space than most area homes, it also translates to less yard maintenance and can contribute to the lower property tax burden. For those prioritizing a low-maintenance lifestyle, it can be a practical trade-off.

4. How does this home compare to others on Templeton Avenue?
The data shows it has a smaller living area and a significantly smaller lot than the street average. Its age is typical, but its assessed value is among the lowest on the street. Essentially, it’s a more compact and value-oriented option within the same block.

5. Who would this property be most suitable for?
It is best suited for budget-conscious first-time buyers, practical downsizers, or investors looking for a lower-priced rental property in a central location. It is less ideal for families needing significant indoor or outdoor space or buyers wanting a move-in-ready home without renovation projects.

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