519 Sly Drive

Margaret Park, Winnipeg

Property score

62.6

Fair

Overall 62.6 · Compared with neighbourhood average

1,080 sqft (top 46%) · 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 place of worship nearby

Living Area

Near average

3% larger than neighborhood avg.

Taon ng Paggawa

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

62.6 is composed by the two sections below.

Property Score

53.9Fair
Living Area1,080 sqft52Fair
Taon ng Paggawa196546Low
Lupa6,233 sqft81Excellent
Neighbourhood Sales Activity28Low

Community Score

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

Istatistika ng benta ng komunidad

Margaret Park

How to read: Share of sales in each ~$50k price band for “margaret park” (Detached na bahay (hindi 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.

Mga ranggo

Living Area

karaniwan
1,080 sqft
0255075100
Same streetBottom 18%Same areaTop 46%CitywideBottom 37%
Same street · Sly Drive
#27 / 33
Bottom 18% · Avg 1,205 sqft
Same area · Margaret Park
#314 / 676
Top 46% · Avg 1,047 sqft
Citywide · Winnipeg
#121,563 / 194,458
Bottom 37% · Avg 1,342 sqft

Assessed Value

lampas sa average
352k
0255075100
Same streetTop 36%Same areaTop 16%CitywideBottom 47%
Same street · Sly Drive
#12 / 33
Top 36% · Avg 345.5k
Same area · Margaret Park
#108 / 676
Top 16% · Avg 304.6k
Citywide · Winnipeg
#103,191 / 194,458
Bottom 47% · Avg 390.1k

Taon ng Paggawa

karaniwan
1965
0255075100
Same streetBottom 36%Same areaBottom 37%CitywideBottom 47%

Lupa

lampas sa average
6,233 sqft
0255075100
Same streetBottom 27%Same areaTop 16%CitywideTop 27%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

519 Sly Drive — 11 amenities found within 500 m, across 5 categories, including 1 education (nearest 275 m), 1 shopping (nearest 230 m), 7 parks (nearest 51 m).

Search radius
🏫Education1
🛒Shopping1
🌳Parks7
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%

Kasaysayan ng Benta

Naibenta 7/2022CA$400k–450k
Presyo ng benta

Parehong kalye

Top 9%

Parehong lugar

Top 3%

Buong lungsod

Top 30%

Related homes

Mga tampok at karaniwang tanong: 519 Sly Drive, Winnipeg

Property Overview: 519 Sly Drive, Margaret Park, Winnipeg

Key Characteristics & Appeal

This 1,080 sqft bungalow, built in 1965, sits on a 6,233 sqft lot on Sly Drive. Its core appeal lies in its strong positional value within the broader Margaret Park neighbourhood. While the home's living area is modest for the immediate street, its assessed value and lot size are notably above average for the area, suggesting the land itself is a significant asset. This creates an interesting value proposition: you're acquiring a home that holds its own city-wide, but whose lot is more generous than most in Margaret Park. It would suit a practical buyer looking for a solid entry into a stable neighbourhood, with the potential to update or expand the existing structure over time. It's also a sensible choice for those who prioritize outdoor space and future flexibility over immediate square footage, as the lot offers room for additions, gardening, or recreation.

Frequently Asked Questions

1. How does this home’s value compare to its neighbours?
The home’s assessed value is above average for the Margaret Park area, ranking in the top 16%. This indicates that, for the neighbourhood, it is considered a higher-value property despite the living space being slightly below the street average.

2. Is the lot size a significant feature?
Yes. The 6,233 sqft lot is a standout, ranking in the top 16% for Margaret Park and the top 27% city-wide. This is a substantial lot for the area, offering more private outdoor space than many comparable properties.

3. What is the likely price range based on recent sales?
A nearby, very similar property at 515 Sly Drive sold in 2022 for an estimated $400,000-$450,000. This provides a recent benchmark, though current market conditions must be considered.

4. How can I find out the exact historical sold prices?
The exact sold prices are not publicly displayed. You can request this information directly via the provided email form on the listing page, and the service aims to provide the accurate figures by the end of the same day.

5. What does the "below average" living area ranking mean for this street?
On Sly Drive specifically, this home's living area is in the lower third (rank 27 of 33). This means the interior space is more compact than most direct neighbours, but it is balanced by the property's strong lot size and assessed value rankings in the wider area.

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