459 Sly Drive

Margaret Park, Winnipeg

Property score

71.0

Good

Overall 71.0 · Larger than most nearby homes

1,360 sqft (top 6%) · Built in 1966 (3 yrs newer than avg)

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

Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 1 school, 1 shop, 7 parks, and 1 sports facility nearby

Living Area

Above average

30% larger than neighborhood avg.

Year Built

Near average

3 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

71.0 is composed by the two sections below.

Property Score

68.0Good
Living Area1,360 sqft71Good
Year Built196652Fair
Lot Size7,695 sqft91Excellent
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

above average
1,360 sqft
0255075100
Same streetTop 12%Same areaTop 6%CitywideTop 38%
Same street · Sly Drive
#4 / 33
Top 12% · Avg 1,205 sqft
Same area · Margaret Park
#41 / 676
Top 6% · Avg 1,047 sqft
Citywide · Winnipeg
#73,421 / 194,458
Top 38% · Avg 1,342 sqft

Tax-Assessed Value

Elite
402k
0255075100
Same streetTop 3%Same areaTop 3%CitywideTop 38%
Same street · Sly Drive
#1 / 33
Top 3% · Avg 345.5k
Same area · Margaret Park
#20 / 676
Top 3% · Avg 304.6k
Citywide · Winnipeg
#73,515 / 194,458
Top 38% · Avg 390.1k

Year Built

above average
1966
0255075100
Same streetTop 15%Same areaTop 46%CitywideBottom 48%

Lot Size

Elite
7,695 sqft
0255075100
Same streetTop 27%Same areaTop 5%CitywideTop 12%

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

459 Sly Drive — 11 amenities found within 500 m, across 5 categories, including 1 education (nearest 216 m), 1 shopping (nearest 489 m), 7 parks (nearest 97 m).

Search radius
🏫Education1
🛒Shopping1
🌳Parks7
💪Sports1
Worship1

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 6/2019CA$350k–400k
Sold price

Same street

Top 36%

Same area

Top 16%

City-wide

Top 42%

Related homes

Highlights & common questions: 459 Sly Drive, Winnipeg

Property Overview: 459 Sly Drive, Winnipeg

Key Characteristics & Appeal

This home at 459 Sly Drive in Margaret Park stands out for its above-average space and significant lot size within its local context. With 1,360 sqft of living area, it offers more room than most homes on its street and in the immediate neighborhood. The true standout feature is the 7,695 sqft lot, which places it in the top 5% of properties in Margaret Park for land area, offering substantial outdoor potential. Built in 1966, it is a typical vintage for the area.

The appeal lies in its strong positional value. The home’s assessed value ranks in the elite top 3% both on Sly Drive and in Margaret Park, suggesting it is considered a premium property within these micro-markets. This indicates a well-regarded location, possibly due to lot size, specific positioning, or established character. It last sold between $350k-$400k in 2019.

This property would suit a buyer looking for a home with a larger, private yard in a mature neighborhood, who values space over a brand-new build. It’s ideal for someone who understands the value of a prime lot and is potentially interested in outdoor projects, gardening, or future expansion. It may also appeal to an investor or homeowner who recognizes the long-term value of owning one of the larger properties in a well-established area.


Frequently Asked Questions

1. What does the "Elite" ranking for Assessed Value mean?
It means this home’s municipal assessment is in the top 3% of properties on its street and in the Margaret Park area. This typically reflects the city’s valuation of the property relative to its immediate peers, often influenced by its large lot size and living area.

2. Is the 1966 build date a concern?
It is consistent with the neighborhood average. Buyers should budget for a thorough inspection, as with any home of this age, to understand the condition of major systems like roof, plumbing, and wiring, but it is not an outlier for the area.

3. How does the lot size compare practically?
At nearly 7,700 sqft, the lot is significantly larger than the ~5,139 sqft average for Margaret Park. This translates to more backyard space, greater distance from neighbors, and potentially more flexibility for additions, decks, or landscaping.

4. Why is there only a sold price range from 2019?
Exact sale prices are not always publicly disclosed in Manitoba. The range is based on available public data. The listing service offers to provide the exact historical price via email upon request.

5. The city-wide assessed value average seems much higher. Why?
The city-wide average of ~$390k includes all property types and neighborhoods across Winnipeg. This home’s assessment is focused on its value within its specific local market (Sly Drive and Margaret Park), where it ranks very high, showing its strength is relative to its immediate surroundings.

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