460 Sly Drive

Margaret Park, Winnipeg

Property score

64.0

Fair

Overall 64.0 · Compared with neighbourhood average

1,040 sqft (bottom 47%) · Built in 1967 (4 yrs newer than avg)

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

Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 1 school, 1 shop, 8 parks, and 1 sports facility nearby

Living Area

Near average

1% smaller than neighborhood avg.

Year Built

Near average

4 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

64.0 is composed by the two sections below.

Property Score

56.2Fair
Living Area1,040 sqft52Fair
Year Built196752Fair
Lot Size7,390 sqft88Excellent
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
1,040 sqft
0255075100
Same streetBottom 9%Same areaBottom 47%CitywideBottom 32%
Same street · Sly Drive
#30 / 33
Bottom 9% · Avg 1,205 sqft
Same area · Margaret Park
#358 / 676
Bottom 47% · Avg 1,047 sqft
Citywide · Winnipeg
#132,478 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
336k
0255075100
Same streetBottom 33%Same areaTop 31%CitywideBottom 41%
Same street · Sly Drive
#22 / 33
Bottom 33% · Avg 345.5k
Same area · Margaret Park
#207 / 676
Top 31% · Avg 304.6k
Citywide · Winnipeg
#114,442 / 194,458
Bottom 41% · Avg 390.1k

Year Built

above average
1967
0255075100
Same streetTop 6%Same areaTop 34%CitywideBottom 49%

Lot Size

above average
7,390 sqft
0255075100
Same streetTop 42%Same areaTop 6%CitywideTop 14%

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

460 Sly Drive — 12 amenities found within 500 m, across 5 categories, including 1 education (nearest 156 m), 1 shopping (nearest 485 m), 8 parks (nearest 114 m).

Search radius
🏫Education1
🛒Shopping1
🌳Parks8
💪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 8/2023CA$350k–400k
Sold price

Same street

Bottom 45%

Same area

Top 21%

City-wide

Top 46%

Related homes

Highlights & common questions: 460 Sly Drive, Winnipeg

Property Overview: 460 Sly Drive, Margaret Park, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 460 Sly Drive is a practical, mid-century bungalow built in 1967, situated on a notably generous lot. Its primary appeal lies in its land: at 7,390 sqft, the property offers significantly more outdoor space than most homes in both the wider city and the Margaret Park area, ranking in the top 6% locally. This presents a substantial opportunity for gardening, expansion, or simply enjoying a larger private yard.

The house itself, at 1,040 sqft of living area, is modest and functionally sized, slightly below average for its immediate street but aligned with typical city-wide footprints. Its assessed value is consistent with the local area. This creates a clear value proposition where the land asset is a standout feature relative to the dwelling.

This property would suit a first-time buyer or a practical downsizer looking for a solid foundation in a stable neighbourhood. It’s particularly well-matched for a buyer with a long-term vision who values outdoor potential over immediate move-in luxury, or for someone comfortable with a home that may require updates over time to modernize the 1960s layout and finishes.

Section 2: Frequently Asked Questions

1. How does the lot size compare to nearby properties?
The lot is a key advantage. At 7,390 sqft, it is larger than approximately 94% of lots in the Margaret Park area, offering rare outdoor space for the neighbourhood.

2. Is the living space smaller than other homes on the street?
Yes, at 1,040 sqft, it ranks in the lower third for living area on Sly Drive itself, where comparable homes average about 1,205 sqft. However, it is very close to the average home size across the entire city.

3. What is the likely condition of a home built in 1967?
Built 59 years ago, this home is newer than most on its street. While this can suggest potentially newer core systems than older neighbours, a home of this age will very likely require attention to original components like windows, roofing, plumbing, and electrical to meet modern standards.

4. Why is there a range for the 2023 sold price, and how can I get the exact figure?
The displayed sold price range is based on public data. The exact sale price is not publicly disclosed in Manitoba. You can request the precise figure via email from the site; they provide it manually as a service without marketing spam.

5. Does a higher assessed value mean the property is overpriced?
Not necessarily. The assessed value ($33.60k) is for municipal tax purposes and is not a market valuation. It is consistently around the average for the street and neighbourhood, indicating the home is assessed in line with its immediate peers. Market value is determined by current sale prices and buyer demand.

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