472 Sly Drive

Margaret Park, Winnipeg

Property score

65.5

Good

Overall 65.5 · Compared with neighbourhood average

1,145 sqft (top 32%) · 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, 7 parks, and 1 sports facility nearby

Living Area

Near average

9% 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

65.5 is composed by the two sections below.

Property Score

58.7Fair
Living Area1,145 sqft60Fair
Year Built196546Low
Lot Size6,134 sqft81Excellent
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
1,145 sqft
0255075100
Same streetBottom 36%Same areaTop 32%CitywideBottom 44%
Same street · Sly Drive
#21 / 33
Bottom 36% · Avg 1,205 sqft
Same area · Margaret Park
#216 / 676
Top 32% · Avg 1,047 sqft
Citywide · Winnipeg
#108,185 / 194,458
Bottom 44% · Avg 1,342 sqft

Tax-Assessed Value

above average
346k
0255075100
Same streetTop 45%Same areaTop 20%CitywideBottom 45%
Same street · Sly Drive
#15 / 33
Top 45% · Avg 345.5k
Same area · Margaret Park
#136 / 676
Top 20% · Avg 304.6k
Citywide · Winnipeg
#107,313 / 194,458
Bottom 45% · Avg 390.1k

Year Built

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

Lot Size

above average
6,134 sqft
0255075100
Same streetBottom 3%Same areaTop 19%CitywideTop 28%

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

472 Sly Drive — 11 amenities found within 500 m, across 5 categories, including 1 education (nearest 155 m), 1 shopping (nearest 437 m), 7 parks (nearest 155 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 10/2021CA$350k–400k
Sold price

Same street

Top 27%

Same area

Top 15%

City-wide

Top 41%

Related homes

Highlights & common questions: 472 Sly Drive, Winnipeg

Property Overview: 472 Sly Drive, Margaret Park, Winnipeg

Section 1: Key Characteristics & Appeal

This home, built in 1965, presents a solid, average-sized living space of 1,145 sqft on a notably generous 6,134 sqft lot within the Margaret Park neighbourhood. Its primary appeal lies in the land itself—the lot size ranks well above average for both the wider city and the local area, offering significant outdoor space and potential that is increasingly rare. The assessed value is above average for Margaret Park, suggesting the property is well-regarded within its immediate community.

It’s a property that suits practical buyers who value space and location over a modern, turn-key home. It would appeal to someone looking for a manageable-sized house with room to garden, expand, or simply enjoy a larger yard in a established neighbourhood. The data indicates it’s not an outlier in size or assessed value, but rather a stable property whose standout feature is its substantial lot, making it a sensible choice for long-term living with room to grow.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to its neighbours?
The home’s assessed value is above the average for the Margaret Park area, indicating it is likely in line with or slightly exceeds the norm for the neighbourhood, though it is around average when compared to the immediate street and the wider city.

2. What is the significance of the lot size?
At over 6,000 sqft, the lot is a key feature. It ranks in the top 19% within Margaret Park and the top 28% citywide, meaning it offers more outdoor space than most comparable properties, which is a significant advantage for privacy, recreation, or future projects.

3. When was it last sold and for approximately how much?
Public records indicate a sale occurred between 2021 and 2025, with an approximate price range of CA$350,000 to $400,000. For the precise sale price and date, you can request the information directly via the provided email service.

4. Is the living space considered large for the area?
At 1,145 sqft, the living area is slightly below the current average for Margaret Park but is very close to the average for the specific street. It represents a comfortable, mid-sized footprint typical of many homes from its era.

5. What does the "above average" assessment in Margaret Park imply?
An assessed value ranking above the neighbourhood average often reflects a combination of the property’s condition, its desirable lot size, and its positioning within the local market. It suggests the property is a competitive offering within this specific community, even if it appears average in broader comparisons.

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