471 Sly Drive

Margaret Park, Winnipeg

Property score

63.5

Fair

Overall 63.5 · Compared with neighbourhood average

1,096 sqft (top 39%) · 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 · 3-min walk to transit with 4 nearby routes · Within 500m: 1 school, 1 shop, 6 parks, and 1 place of worship nearby

Living Area

Near average

5% 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

63.5 is composed by the two sections below.

Property Score

55.4Fair
Living Area1,096 sqft52Fair
Year Built196546Low
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

around average
1,096 sqft
0255075100
Same streetBottom 27%Same areaTop 39%CitywideBottom 39%
Same street · Sly Drive
#24 / 33
Bottom 27% · Avg 1,205 sqft
Same area · Margaret Park
#264 / 676
Top 39% · Avg 1,047 sqft
Citywide · Winnipeg
#118,188 / 194,458
Bottom 39% · Avg 1,342 sqft

Tax-Assessed Value

above average
344k
0255075100
Same streetTop 48%Same areaTop 22%CitywideBottom 44%
Same street · Sly Drive
#16 / 33
Top 48% · Avg 345.5k
Same area · Margaret Park
#148 / 676
Top 22% · Avg 304.6k
Citywide · Winnipeg
#108,668 / 194,458
Bottom 44% · Avg 390.1k

Year Built

around average
1965
0255075100
Same streetBottom 36%Same areaBottom 37%CitywideBottom 47%

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

471 Sly Drive — 9 amenities found within 500 m, across 4 categories, including 1 education (nearest 215 m), 1 shopping (nearest 440 m), 6 parks (nearest 148 m).

Search radius
🏫Education1
🛒Shopping1
🌳Parks6
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 7/2017CA$300k–350k
Sold price

Same street

Bottom 18%

Same area

Top 38%

City-wide

Bottom 39%

Related homes

Highlights & common questions: 471 Sly Drive, Winnipeg

Property Overview: 471 Sly Drive, Margaret Park, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 471 Sly Drive is a classic 1965-built bungalow in Winnipeg's Margaret Park neighbourhood. Its primary appeal lies in its generous, above-average lot size of approximately 7,695 sqft, which ranks within the top 5% of similar properties in Margaret Park. This offers significant outdoor space and potential for gardening, expansion, or simply enjoying a larger yard than is typical. With 1,096 sqft of living space, the house itself is modest and slightly below average for its immediate street but aligns closely with the citywide average for comparable homes.

The property presents a balanced, grounded opportunity. Its assessed value is notably above average for the Margaret Park area, suggesting it is well-regarded within its local market context. The home would suit first-time buyers or practical downsizers looking for a manageable footprint without sacrificing outdoor privacy. It’s also a sensible fit for a value-oriented buyer who sees potential in the land itself, whether for long-term enjoyment or future improvement, within a stable, established neighbourhood.

Section 2: Frequently Asked Questions

1. How does the lot size compare to others?
The lot is a standout feature. At 7,695 sqft, it is significantly larger than the average lot in both Margaret Park and Winnipeg overall, placing it in an elite tier (top 5%) for the local area.

2. Is the house smaller than others on the street?
Yes, slightly. The living area is below the average for homes on Sly Drive itself, but it is very close to the average size for similar homes across the wider Margaret Park neighbourhood and the city.

3. What does the assessed value tell us?
The assessed value of $34,400 is above the average for Margaret Park, indicating that for its area, the property is considered of relatively higher value. This often reflects factors like its desirable lot size and the general appeal of the neighbourhood.

4. When was it last sold and for how much?
The home sold between 2016 and 2025, with a recorded price range of CA$300,000–$350,000 around 2017. For the precise sale price and date, you can request the information directly via the provided email service.

5. What is the neighbourhood context like?
The data shows it's on a street of similar, mid-century homes. The "neighbourhood analysis page" feature allows for a detailed visual comparison of nearby properties by year built, size, and value to understand the specific streetscape.

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.