587 Young Street

Spence, Winnipeg

43.7

Below average

Overall 43.7

Compared with neighbourhood average

1,247 sqft (bottom 32%)

Built in 1903 (15 yrs older than avg)

Located in a below-average income area

with median household income of ~41.2k

Transit 88.0

2-min walk to transit with 3 nearby routes

Within 500m: 18 dining spots, 2 schools, 6 healthcare facilitys, and 12 shops nearby

Living Area

Below average

18% smaller than neighborhood avg.

Year Built

Below average

15 yrs older than neighborhood avg.

Mother tongue

English · 49%Tagalog · 6%

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

Sold Count

216

Median price

221.5k

$/sqft

$117/sqft

Avg build year

1918

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Property score

43.7 is composed by the two sections below.

Property Score

50.9Fair
Living Area1,247 sqft66Good
Year Built190310Low
Lot Size3,052 sqft38Low
Neighbourhood Sales Activity71Good

Community Score

32.9Low
Household Income40Low
Education Level10Low
Housing Stress52Fair
Core Housing Need15Low
Employment Health42Low

Neighbourhood Sales

Spence

How to read: Share of sales in each ~$50k price band for “spence” (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: #46110077

Community deep dive

$41K

Median household income

$45K

Average household income

45%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.7

P90 / P10 ratio

26%

Single-person households

11%

Families with children

Population, labour & age

Population (2021)562
Labour force participation rate41%
Median age28.0
Avg household size2.5
Unemployment rate6%
Population density9366 / km²

Households & income

Low income (LIM-AT, % pop.)45%
Single-person households26%
Couple families with children11%
Median household income (2020)$41K

Housing

Renter households90%
Condominium dwellings0%
Median dwelling value (owners)

Diversity, education & language

Immigrants (share of pop.)33%
Visible minority45%
Bachelor's or higher (25–64)9%
Mother tongue (1st)English · 49%
Mother tongue (2nd)Tagalog · 6%

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

Rankings

Living Area

around average
1,247 sqft
0255075100
Same streetBottom 42%Same areaBottom 32%CitywideTop 46%
Same street · Young Street
#62 / 107
Bottom 42% · Avg 1,393 sqft
Same area · Spence
#349 / 513
Bottom 32% · Avg 1,526 sqft
Citywide · Winnipeg
#89,431 / 194,458
Top 46% · Avg 1,342 sqft

Tax-Assessed Value

below average
92k
0255075100
Same streetBottom 4%Same areaBottom 3%CitywideBottom 1%
Same street · Young Street
#103 / 107
Bottom 4% · Avg 201.8k
Same area · Spence
#500 / 513
Bottom 3% · Avg 194.4k
Citywide · Winnipeg
#193,764 / 194,458
Bottom 1% · Avg 390.1k

Year Built

around average
1903
0255075100
Same streetBottom 46%Same areaBottom 31%CitywideBottom 1%

Lot Size

around average
3,052 sqft
0255075100
Same streetTop 48%Same areaTop 45%CitywideBottom 13%

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

587 Young Street — 50 amenities found within 500 m, across 8 categories, including 18 dining (nearest 147 m), 2 education (nearest 312 m), 6 healthcare (nearest 120 m).

Search radius
🍽️Dining18
🏫Education2
🏥Healthcare6
🛒Shopping12
🌳Parks5
🏦Finance2
Worship3
🏛️Government2

Crime & Safety

Spence · WPS public data · 2026

Annual incidents

132

2026

vs. city avg

+347%

relative to avg

Year-over-year

-91%

vs. prior year

Primary type

Property

42%

Full crime data for Spence →Winnipeg crime overview →

Sales History

587 Young Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

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