240 Olive Street

Silver Heights, Winnipeg

Property score

61.2

Fair

Overall 61.2 · Older than most nearby homes

1,160 sqft (top 44%) · Built in 1923 (30 yrs older than avg)

Located in a above-average income area with median household income of ~83k

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 4 dining spots, 1 healthcare facility, 1 shop, and 1 park nearby

Living Area

Near average

4% smaller than neighborhood avg.

Year Built

Below average

30 yrs older than neighborhood avg.

Mother tongue

English · 79%Tagalog · 2%

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

Sold Count

510

Median price

415k

$/sqft

$327/sqft

Avg build year

1953

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Property score

61.2 is composed by the two sections below.

Property Score

54.0Fair
Living Area1,160 sqft60Fair
Year Built192320Low
Lot Size6,453 sqft81Excellent
Neighbourhood Sales Activity37Low

Community Score

72.0Good
Household Income78Good
Education Level54Fair
Housing Stress63Fair
Core Housing Need76Good
Employment Health83Excellent

Neighbourhood Sales

Silver Heights

How to read: Share of sales in each ~$50k price band for “silver heights” (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: #46110344

Community deep dive

$83K

Median household income

$91K

Average household income

5%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.5

P90 / P10 ratio

29%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)562
Labour force participation rate74%
Median age37.2
Avg household size2.4
Unemployment rate7%
Population density3122 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households29%
Couple families with children21%
Median household income (2020)$83K

Housing

Renter households31%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority19%
Bachelor's or higher (25–64)25%
Mother tongue (1st)English · 78%
Mother tongue (2nd)Tagalog · 1%

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

Rankings

Living Area

around average
1,160 sqft
0255075100
Same streetTop 34%Same areaTop 44%CitywideBottom 46%
Same street · Olive Street
#44 / 128
Top 34% · Avg 1,130 sqft
Same area · Silver Heights
#682 / 1,558
Top 44% · Avg 1,204 sqft
Citywide · Winnipeg
#104,675 / 194,458
Bottom 46% · Avg 1,342 sqft

Tax-Assessed Value

around average
278k
0255075100
Same streetBottom 30%Same areaBottom 9%CitywideBottom 24%
Same street · Olive Street
#90 / 128
Bottom 30% · Avg 305.6k
Same area · Silver Heights
#1,421 / 1,558
Bottom 9% · Avg 324.6k
Citywide · Winnipeg
#148,491 / 194,458
Bottom 24% · Avg 390.1k

Year Built

below average
1923
0255075100
Same streetBottom 9%Same areaBottom 5%CitywideBottom 14%

Lot Size

above average
6,453 sqft
0255075100
Same streetTop 21%Same areaTop 28%CitywideTop 23%

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

240 Olive Street — 11 amenities found within 500 m, across 7 categories, including 4 dining (nearest 197 m), 1 healthcare (nearest 287 m), 1 shopping (nearest 181 m).

Search radius
🍽️Dining4
🏥Healthcare1
🛒Shopping1
🌳Parks1
Fuel Stations1
Worship1
🏛️Government2

Crime & Safety

Silver Heights · WPS public data · 2026

Annual incidents

13

2026

vs. city avg

-56%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Property

69%

Sales History

Sold 6/2023CA$300k–350k
Sold price

Same street

Top 27%

Same area

Top 46%

City-wide

Bottom 45%
Sold 11/2017CA$250k–300k
Sold price

Same street

Bottom 21%

Same area

Bottom 13%

City-wide

Bottom 24%

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