2 Vincent Street

Maybank, Winnipeg

Property score

57.9

Fair

Overall 57.9 · Compared with neighbourhood average

1,032 sqft (top 39%) · Built in 1954 (6 yrs older than avg)

Located in a high-income area with median household income of ~94k

Transit 76.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 1 school, 6 parks, and 2 place of worships nearby

Living Area

Near average

1% smaller than neighborhood avg.

Year Built

Near average

6 yrs older than neighborhood avg.

Mother tongue

English · 68%Punjabi · 4%

Past 10 years Maybank sales snapshot (~80% of all data)

Sold Count

345

Median price

325k

$/sqft

$326/sqft

Avg build year

1960

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Property score

57.9 is composed by the two sections below.

Property Score

47.4Low
Living Area1,032 sqft52Fair
Year Built195436Low
Lot Size3,990 sqft46Low
Neighbourhood Sales Activity42Low

Community Score

73.6Good
Household Income82Excellent
Education Level54Fair
Housing Stress74Good
Core Housing Need76Good
Employment Health68Good

Neighbourhood Sales

Maybank

How to read: Share of sales in each ~$50k price band for “maybank” (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: #46111022

Community deep dive

$94K

Median household income

$96K

Average household income

11%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.1

P90 / P10 ratio

23%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)395
Labour force participation rate67%
Median age38.8
Avg household size2.6
Unemployment rate8%
Population density253 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households23%
Couple families with children30%
Median household income (2020)$94K

Housing

Renter households23%
Condominium dwellings0%
Median dwelling value (owners)$332K

Diversity, education & language

Immigrants (share of pop.)29%
Visible minority37%
Bachelor's or higher (25–64)26%
Mother tongue (1st)English · 68%
Mother tongue (2nd)Punjabi · 3%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
1,032 sqft
0255075100
Same streetTop 4%Same areaTop 39%CitywideBottom 29%
Same street · Vincent Street
#1 / 28
Top 4% · Avg 960 sqft
Same area · Maybank
#360 / 920
Top 39% · Avg 1,043 sqft
Citywide · Winnipeg
#137,394 / 194,458
Bottom 29% · Avg 1,342 sqft

Tax-Assessed Value

below average
231k
0255075100
Same streetBottom 21%Same areaBottom 6%CitywideBottom 13%
Same street · Vincent Street
#22 / 28
Bottom 21% · Avg 242.6k
Same area · Maybank
#865 / 920
Bottom 6% · Avg 334k
Citywide · Winnipeg
#168,671 / 194,458
Bottom 13% · Avg 390.1k

Year Built

Elite
1954
0255075100
Same streetTop 4%Same areaBottom 45%CitywideBottom 33%

Lot Size

above average
3,990 sqft
0255075100
Same streetTop 18%Same areaBottom 33%CitywideBottom 25%

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

2 Vincent Street — 9 amenities found within 500 m, across 3 categories, including 1 education (nearest 337 m), 6 parks (nearest 81 m).

Search radius
🏫Education1
🌳Parks6
Worship2

Crime & Safety

Maybank · WPS public data · 2026

Annual incidents

10

2026

vs. city avg

-66%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

90%

Sales History

Sold 7/2019CA$200k–250k
Sold price

Same street

Bottom 28%

Same area

Bottom 12%

City-wide

Bottom 12%

Related homes

Highlights & common questions: 2 Vincent Street, Winnipeg

Property Overview: 2 Vincent Street, Winnipeg

Key Characteristics & Appeal

This home at 2 Vincent Street in Maybank presents a distinct value-oriented profile. Its primary appeal lies in its efficient use of space and its position within its immediate neighborhood. At 1,032 sqft, the living area is notably above average for Vincent Street itself, ranking in the top 4% of the street. The lot size of 3,990 sqft is also generous for the local area, offering above-average outdoor space. Built in 1954, it is one of the older homes on the street, which may speak to its established character and mature landscaping.

The property’s standout feature is its very low assessed value ($23,100), which is below average for the street, neighborhood, and city. This creates a compelling opportunity for buyers seeking an entry point into homeownership or investors looking for a property with a low tax base. It would suit practical, value-conscious buyers—such as first-time purchasers or those looking to downsize—who prioritize lot size and interior space over a modern assessment value. The recent sale history (between $200k-$250k in 2019) suggests it operates in a different market segment than its official assessment, indicating a potential discrepancy that savvy buyers might explore.

Frequently Asked Questions

1. Why is the assessed value so much lower than the city average?
Assessed values are for municipal tax purposes and are based on mass appraisal models. A value this far below the city average can be due to a variety of factors, including the home's age, condition, specific location within the city, and the timing of the last assessment. It does not necessarily reflect the current market sale price.

2. What does the "Elite" ranking for living area on the street mean?
This means that, compared to the 28 homes on Vincent Street used in the comparison, this home's living area is larger than 96% of them. It is one of the more spacious homes on its own block, which is a key advantage in this location.

3. How recent is the sold price data, and how can I get the exact price?
The sold price range shown ($200k-$250k) is from a transaction in 2019. The listing service offers to provide the exact sale price via email upon request, as this precise data is not publicly displayed in full detail on their site.

4. The home is older (1954). Should I be concerned about major repairs?
As one of the older homes on the street, a thorough inspection is essential. While the age indicates potential for outdated systems, it also means the home is from a period of established construction in a mature neighborhood. The inspection will clarify the condition of the roof, foundation, wiring, and plumbing.

5. The lot is above average for the street but below average citywide. Is that a pro or a con?
This is primarily a pro for living on Vincent Street. You get a larger-than-typical yard for that specific block, which is valuable for privacy, gardening, or outdoor space. The citywide average includes newer suburbs with larger lots, which isn't a direct comparison for an inner-city neighborhood.

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