255 Bonner Avenue

River East, Winnipeg

Property score

66.3

Good

Overall 66.3 · Older than most nearby homes

1,173 sqft (bottom 38%) · Built in 1957 (19 yrs older than avg)

Located in a high-income area with median household income of ~93k

Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 1 shop, and 4 parks nearby

Living Area

Below average

16% smaller than neighborhood avg.

Year Built

Below average

19 yrs older than neighborhood avg.

Mother tongue

English · 79%French · 1%

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

Sold Count

826

Median price

425k

$/sqft

$395/sqft

Avg build year

1976

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Property score

66.3 is composed by the two sections below.

Property Score

59.4Fair
Living Area60
1,173 sqftFair
Year Built43
1957Low
Lot Size88
7,431 sqftExcellent
Neighbourhood Sales Activity32
Low

Community Score

76.7Good
Household Income82
Excellent
Education Level72
Good
Housing Stress83
Excellent
Core Housing Need88
Excellent
Employment Health42
Low

Neighbourhood Sales

River East

How to read: Share of sales in each ~$50k price band for “river east” (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: #46110767

Community deep dive

$93K

Median household income

$99K

Average household income

7%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

28%

Single-person households

20%

Families with children

Population, labour & age

Population (2021)556
Labour force participation rate48%
Median age52.4
Avg household size2.2
Unemployment rate9%
Population density1737 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households28%
Couple families with children20%
Median household income (2020)$93K

Housing

Renter households8%
Condominium dwellings20%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority6%
Bachelor's or higher (25–64)35%
Mother tongue (1st)English · 78%
Mother tongue (2nd)French · 0%

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

Rankings

Living Area

around average
1,173 sqft
0255075100
Same streetBottom 15%Same areaBottom 38%CitywideBottom 47%
Same street · Bonner Avenue
#162 / 190
Bottom 15% · Avg 1,552 sqft
Same area · River East
#1,768 / 2,836
Bottom 38% · Avg 1,399 sqft
Citywide · Winnipeg
#102,733 / 194,458
Bottom 47% · Avg 1,342 sqft

Tax-Assessed Value

around average
386k
0255075100
Same streetBottom 24%Same areaBottom 48%CitywideTop 42%
Same street · Bonner Avenue
#145 / 190
Bottom 24% · Avg 437.7k
Same area · River East
#1,486 / 2,836
Bottom 48% · Avg 401.1k
Citywide · Winnipeg
#81,862 / 194,458
Top 42% · Avg 390.1k

Year Built

around average
1957
0255075100
Same streetBottom 5%Same areaBottom 4%CitywideBottom 37%

Lot Size

above average
7,431 sqft
0255075100
Same streetTop 42%Same areaTop 26%CitywideTop 14%

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

255 Bonner Avenue — 7 amenities found within 500 m, across 4 categories, including 1 dining (nearest 212 m), 1 education (nearest 437 m), 1 shopping (nearest 299 m).

Search radius
🍽️Dining1
🏫Education1
🛒Shopping1
🌳Parks4

Crime & Safety

River East · WPS public data · 2026

Annual incidents

17

2026

vs. city avg

-42%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

71%

Sales History

Sold 10/2020CA$400k–450k
Sold price

Same street

Bottom 28%

Same area

Top 35%

City-wide

Top 32%

Related homes

Highlights & common questions: 255 Bonner Avenue, Winnipeg

Property Overview: 255 Bonner Avenue, Winnipeg

Key Characteristics & Appeal

This 1957-built home in River East presents a practical opportunity with a distinct profile. Its key appeal lies in its generous 7,431 sqft lot, which is notably larger than most in both the neighborhood and city-wide, offering valuable outdoor space and potential. The 1,173 sqft living area is modest, particularly for Bonner Avenue where homes tend to be larger, but it aligns closely with city-wide averages, suggesting a manageable, efficient footprint.

The home’s assessed value of $386k sits below the street average but is competitive for the broader area, indicating a potentially accessible entry point into the neighborhood. A thoughtful perspective is that this property represents a balance: you acquire a larger-than-typical parcel of land while the home itself may require updates or offer room for personalization. It would suit a value-conscious buyer looking for land size over immediate move-in perfection, a DIY enthusiast, or someone planning a future expansion who appreciates the established, mature setting of the street.

Frequently Asked Questions

1. How does the home’s age impact its value?
Built in 1957, it is older than most on its street and in River East. This can mean charm and sturdy construction, but buyers should budget for potential updates to major systems like plumbing, electrical, or the roof, and factor in a thorough inspection.

2. Is the assessed value a reliable indicator of the selling price?
The assessed value ($386k) is for municipal tax purposes and serves as a benchmark. The last known sale was between $400k-$450k in late 2020. The final selling price is determined by the current market, condition, and buyer demand.

3. What are the advantages of the larger lot?
The lot is a standout feature, providing more privacy, yard space for gardening or recreation, and future potential for additions, a garage, or a shed, subject to local zoning bylaws.

4. How does this property compare to others on the street?
It is a smaller and older home on a street of generally larger, newer properties. This can mean a more affordable option on the same desirable block, but the home may feel modest compared to immediate neighbors.

5. Where can I get verified sale price history for this home?
The website provides estimated sold price ranges. For fully verified and exact transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS system.