261 Bonner Avenue

River East, Winnipeg

Property score

85.4

Excellent

Overall 85.4 · Larger and newer than most nearby homes

3,466 sqft (top 1%) · Built in 1984 (8 yrs newer than avg)

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

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

Living Area

Above average

148% larger than neighborhood avg.

Year Built

Above average

8 yrs newer 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

85.4 is composed by the two sections below.

Property Score

91.2Excellent
Living Area100
3,466 sqftExcellent
Year Built73
1984Good
Lot Size100
15,730 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

Elite
3,466 sqft
0255075100
Same streetTop 1%Same areaTop 1%CitywideTop 1%
Same street · Bonner Avenue
#2 / 190
Top 1% · Avg 1,552 sqft
Same area · River East
#10 / 2,836
Top 1% · Avg 1,399 sqft
Citywide · Winnipeg
#957 / 194,458
Top 1% · Avg 1,342 sqft

Tax-Assessed Value

Elite
823k
0255075100
Same streetTop 1%Same areaTop 1%CitywideTop 2%
Same street · Bonner Avenue
#2 / 190
Top 1% · Avg 437.7k
Same area · River East
#11 / 2,836
Top 1% · Avg 401.1k
Citywide · Winnipeg
#3,970 / 194,458
Top 2% · Avg 390.1k

Year Built

above average
1984
0255075100
Same streetTop 25%Same areaTop 9%CitywideTop 30%

Lot Size

Elite
15,730 sqft
0255075100
Same streetTop 14%Same areaTop 3%CitywideTop 2%

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

261 Bonner Avenue — 7 amenities found within 500 m, across 4 categories, including 1 dining (nearest 256 m), 1 education (nearest 427 m), 1 shopping (nearest 336 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 7/2021CA$700k–750k
Sold price

Same street

Top 6%

Same area

Top 1%

City-wide

Top 3%

Related homes

Highlights & common questions: 261 Bonner Avenue, Winnipeg

Property Overview: 261 Bonner Avenue, Winnipeg

Key Characteristics & Appeal

This home is a standout property in Winnipeg's River East neighborhood, defined by its significant scale and premium positioning. Its primary appeal lies in offering substantial space and land in a well-established area. With over 3,400 square feet of living area, the home is in the top 1% for size on its street, in the neighborhood, and city-wide. It sits on a large 15,730 sqft lot, which is also in the top 3% for River East. Built in 1984, it is newer than most comparable homes in the vicinity. The assessed value of $823,000 reflects this elite standing, ranking in the top 1-2% of its local market.

The property suits buyers looking for a generational home with ample room for a large or multi-generational family, or those who value privacy and space for gardens, recreation, or future expansions. Its appeal is not just in its absolute size, but in the relative rarity of such a combination of a newer, very large home on a sizable lot within the city. It’s a property for a buyer who prioritizes interior and exterior space over a brand-new build, and who appreciates a home that is a statistical outlier in its community in terms of both footprint and value.

Frequently Asked Questions

What is the exact sold price history?
The public data shows it sold in July 2021 for between $700,000 and $750,000. For fully verified, exact transaction figures, you must request a manual lookup via email, as this site does not display MLS sold records.

How does the assessed value relate to market price?
The current assessed value is $823,000, which is a municipal valuation for tax purposes. Market price is determined by current buyer demand and can be higher or lower. The assessment indicates the home is formally valued in the top tier of properties locally.

Is the home the largest on the street?
It is the second-largest of 190 comparable homes on Bonner Avenue, placing it in the top 1% for living area on the street.

What does the "Above Average" ranking for its year built mean?
Built in 1984, it is newer than about 75% of similar homes on its street, where the average year built is 1977. This suggests it may have more modern construction features than many immediate neighbors.

How does the lot size compare to typical city lots?
The lot is exceptionally large. At 15,730 sqft, it is more than double the city-wide average lot size for comparable homes and ranks in the top 2% in Winnipeg.