405 Armstrong Avenue

Margaret Park, Winnipeg

Property score

61.3

Fair

Overall 61.3 · Compared with neighbourhood average

1,059 sqft (bottom 49%) · Built in 1965 (2 yrs newer than avg)

Located in a above-average income area with median household income of ~72.5k

Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 1 school, 2 shops, 7 parks, and 1 bank/ATM nearby

Living Area

Near average

1% larger than neighborhood avg.

Year Built

Below average

2 yrs newer than neighborhood avg.

Mother tongue

English · 63%Tagalog · 15%

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

61.3 is composed by the two sections below.

Property Score

51.8Fair
Living Area1,059 sqft52Fair
Year Built196546Low
Lot Size5,272 sqft67Good
Neighbourhood Sales Activity28Low

Community Score

75.6Good
Household Income74Good
Education Level82Excellent
Housing Stress74Good
Core Housing Need88Excellent
Employment Health60Fair

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: #46110766

Community deep dive

$73K

Median household income

$93K

Average household income

8%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

32%

Single-person households

24%

Families with children

Population, labour & age

Population (2021)621
Labour force participation rate58%
Median age42.8
Avg household size2.4
Unemployment rate6%
Population density3105 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households32%
Couple families with children24%
Median household income (2020)$73K

Housing

Renter households33%
Condominium dwellings0%
Median dwelling value (owners)$320K

Diversity, education & language

Immigrants (share of pop.)33%
Visible minority41%
Bachelor's or higher (25–64)40%
Mother tongue (1st)English · 62%
Mother tongue (2nd)Tagalog · 14%

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

Rankings

Living Area

around average
1,059 sqft
0255075100
Same streetBottom 45%Same areaBottom 49%CitywideBottom 34%
Same street · Armstrong Avenue
#62 / 112
Bottom 45% · Avg 1,131 sqft
Same area · Margaret Park
#348 / 676
Bottom 49% · Avg 1,047 sqft
Citywide · Winnipeg
#127,407 / 194,458
Bottom 34% · Avg 1,342 sqft

Tax-Assessed Value

around average
331k
0255075100
Same streetTop 38%Same areaTop 36%CitywideBottom 39%
Same street · Armstrong Avenue
#42 / 112
Top 38% · Avg 313k
Same area · Margaret Park
#243 / 676
Top 36% · Avg 304.6k
Citywide · Winnipeg
#117,909 / 194,458
Bottom 39% · Avg 390.1k

Year Built

around average
1965
0255075100
Same streetBottom 49%Same areaBottom 37%CitywideBottom 47%

Lot Size

above average
5,272 sqft
0255075100
Same streetTop 22%Same areaTop 44%CitywideTop 48%

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

405 Armstrong Avenue — 13 amenities found within 500 m, across 6 categories, including 1 education (nearest 156 m), 2 shopping (nearest 308 m), 7 parks (nearest 146 m).

Search radius
🏫Education1
🛒Shopping2
🌳Parks7
🏦Finance1
Worship1
🏛️Government1

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 6/2022CA$300k–350k
Sold price

Same street

Top 42%

Same area

Top 35%

City-wide

Bottom 44%

Related homes

Highlights & common questions: 405 Armstrong Avenue, Winnipeg

Property Overview & Appeal

This home at 405 Armstrong Avenue in Winnipeg's Margaret Park neighbourhood presents a solid, middle-of-the-market opportunity. Its key characteristic is balance: with 1,059 sqft of living space and a 1965 build date, it sits around the average for its street and area. The standout feature is the lot size—at 5,272 sqft, it ranks in the top 22% on Armstrong Avenue, offering above-average outdoor space for the location. The assessed value is consistent with the area, and a sale occurred between 2022-2024 in the $300k-$350k range.

The appeal lies in its unassuming, grounded profile. It’s not a top-tier standout, but it avoids the pitfalls of being at the bottom of any key metrics. This makes it a practical canvas. The generous lot is a quiet advantage, offering potential for gardening, expansion, or simply more private space than many neighbouring properties. It would suit first-time buyers or downsizers looking for a manageable home in an established neighbourhood without extreme premiums or fixer-upper risks. It’s a property for those who value practical space over flash, and who see potential in land over a perfectly modernized interior.

Frequently Asked Questions

1. Is this a good value for the area?
Based on the data, it’s positioned squarely in the middle of the market for Margaret Park. Its last sold price and assessed value align with area averages, suggesting it’s priced typically, not as a bargain or an overpay. The larger-than-average lot for the street could be considered a value-add.

2. What does the "above average" lot size mean practically?
Ranking in the top 22% for land area on its street means you likely have more backyard space, side yard space, or a wider frontage than many immediate neighbours. This can provide more privacy, room for additions like a shed or deck, or simply a larger greenspace.

3. The home was built in 1965. What should I consider?
Homes from this era often have solid construction but may require updates to major systems like plumbing, electrical, or windows. It’s wise to budget for potential modernizations that align with current efficiency and safety standards.

4. How does the living space compare to a typical Winnipeg home?
At 1,059 sqft, it’s slightly below the city-wide average for comparable homes. This indicates a comfortable, moderate size suitable for a small family, couple, or individual, but may feel compact for those needing multiple large living areas.

5. Why is the exact sold price not listed publicly?
Exact sale prices in Manitoba are not part of the public record. The range provided is estimated from available data. You can request the precise historical sale price directly from the site via email, as noted in the details.

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