515 Trent Avenue

Munroe West, Winnipeg

Property score

39.1

Below average

Overall 39.1 · Smaller and older than most nearby homes

600 sqft (bottom 2%) · Built in 1921 (24 yrs older than avg)

Located in a above-average income area with median household income of ~76.5k

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 7 schools, 1 shop, and 1 park nearby

Living Area

Below average

37% smaller than neighborhood avg.

Year Built

Below average

24 yrs older than neighborhood avg.

Mother tongue

English · 75%Tagalog · 3%

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

Sold Count

477

Median price

363.3k

$/sqft

$342/sqft

Avg build year

1945

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Property score

39.1 is composed by the two sections below.

Property Score

19.0Low
Living Area15
600 sqftLow
Year Built20
1921Low
Lot Size18
2,462 sqftLow
Neighbourhood Sales Activity65
Good

Community Score

69.3Good
Household Income75
Good
Education Level44
Low
Housing Stress74
Good
Core Housing Need88
Excellent
Employment Health68
Good

Neighbourhood Sales

Munroe West

How to read: Share of sales in each ~$50k price band for “munroe west” (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: #46110699

Community deep dive

$77K

Median household income

$80K

Average household income

14%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

34%

Single-person households

25%

Families with children

Population, labour & age

Population (2021)632
Labour force participation rate70%
Median age37.6
Avg household size2.4
Unemployment rate13%
Population density1504 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households34%
Couple families with children25%
Median household income (2020)$77K

Housing

Renter households32%
Condominium dwellings0%
Median dwelling value (owners)$290K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority16%
Bachelor's or higher (25–64)22%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Tagalog · 3%

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

Rankings

Living Area

below average
600 sqft
0255075100
Same streetBottom 6%Same areaBottom 2%CitywideBottom 1%
Same street · Trent Avenue
#163 / 174
Bottom 6% · Avg 908 sqft
Same area · Munroe West
#1,097 / 1,123
Bottom 2% · Avg 958 sqft
Citywide · Winnipeg
#192,753 / 194,458
Bottom 1% · Avg 1,342 sqft

Tax-Assessed Value

below average
149k
0255075100
Same streetBottom 2%Same areaBottom 1%CitywideBottom 3%
Same street · Trent Avenue
#171 / 174
Bottom 2% · Avg 246k
Same area · Munroe West
#1,120 / 1,123
Bottom 1% · Avg 273.5k
Citywide · Winnipeg
#188,641 / 194,458
Bottom 3% · Avg 390.1k

Year Built

around average
1921
0255075100
Same streetBottom 33%Same areaBottom 12%CitywideBottom 13%

Lot Size

below average
2,462 sqft
0255075100
Same streetBottom 3%Same areaBottom 1%CitywideBottom 3%

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

515 Trent Avenue — 12 amenities found within 500 m, across 5 categories, including 1 dining (nearest 491 m), 7 education (nearest 237 m), 1 shopping (nearest 77 m).

Search radius
🍽️Dining1
🏫Education7
🛒Shopping1
🌳Parks1
Worship2

Crime & Safety

Munroe West · WPS public data · 2026

Annual incidents

26

2026

vs. city avg

-12%

relative to avg

Year-over-year

-88%

vs. prior year

Primary type

Property

65%

Sales History

Sold 9/2019CA$100k–150k
Sold price

Same street

Bottom 3%

Same area

Bottom 1%

City-wide

Bottom 3%

Related homes

Highlights & common questions: 515 Trent Avenue, Winnipeg

Property Overview: 515 Trent Avenue, Winnipeg

Key Characteristics & Appeal

This home presents a specific and practical value proposition. Its key characteristic is its compact scale: at 600 sqft on a 2,462 sqft lot, it is notably smaller than most homes on its street, in the Munroe West area, and across Winnipeg. Built in 1921, it is older than the local average. The assessed value of $149k is significantly below area and city averages, reflecting this modest footprint.

The appeal lies squarely in affordability and efficiency. It is a low-barrier entry point into homeownership, with very low property taxes relative to the market. It suits minimalist buyers, first-time purchasers prioritizing financial flexibility over space, or investors seeking a straightforward rental property. A thoughtful perspective is that a home of this size and age on a smaller lot represents a lower environmental footprint and reduced maintenance burden, appealing to those seeking a simpler, more sustainable lifestyle without a major renovation project.

Frequently Asked Questions

1. Why is the assessed value so much lower than nearby homes?
The assessed value is primarily based on the home's relatively small living area and lot size compared to neighbouring properties, which are larger and often newer.

2. What does the "Top 94%" ranking for Living Area mean?
It means that for living area size, this property ranks in the bottom 6% on its own street (163rd out of 174). In simpler terms, nearly every other home on Trent Avenue is larger.

3. Is this a good investment property?
Given its low assessed value and purchase price, it could offer a reasonable rental yield based on lower initial investment. However, its smaller size may attract a specific tenant market, and being an older home, potential maintenance costs should be factored in.

4. How can I find out the exact price it last sold for?
The site provides sold price ranges for non-members. As noted, exact sold prices are not displayed due to data source rules. You can request the exact figures by email through the provided site function for a manual lookup.

5. The home is over 100 years old. What should I consider?
While many century-old homes are solidly built, a pre-purchase inspection is essential to understand the condition of major systems like wiring, plumbing, and the foundation. Its age also means it may have character details not found in newer builds.