422 Toronto Street

St. Matthews, Winnipeg

Property score

51.7

Fair

Overall 51.7 · Older than most nearby homes

1,224 sqft (top 45%) · Built in 1906 (11 yrs older than avg)

Located in a average-income area with median household income of ~61.2k

Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 12 dining spots, 1 school, 2 healthcare facilitys, and 6 shops nearby

Living Area

Near average

2% larger than neighborhood avg.

Year Built

Below average

11 yrs older than neighborhood avg.

Mother tongue

English · 55%Tagalog · 10%

Past 10 years St. Matthews sales snapshot (~80% of all data)

Sold Count

552

Median price

219k

$/sqft

$261/sqft

Avg build year

1917

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Property score

51.7 is composed by the two sections below.

Property Score

47.4Low
Living Area1,224 sqft66Good
Year Built190610Low
Lot Size2,327 sqft18Low
Neighbourhood Sales Activity61Fair

Community Score

58.1Fair
Household Income64Fair
Education Level44Low
Housing Stress63Fair
Core Housing Need50Fair
Employment Health60Fair

Neighbourhood Sales

St. Matthews

How to read: Share of sales in each ~$50k price band for “st. matthews” (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: #46110096

Community deep dive

$61K

Median household income

$65K

Average household income

16%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

29%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)489
Labour force participation rate67%
Median age33.2
Avg household size2.6
Unemployment rate13%
Population density8150 / km²

Households & income

Low income (LIM-AT, % pop.)16%
Single-person households29%
Couple families with children21%
Median household income (2020)$61K

Housing

Renter households50%
Condominium dwellings10%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)39%
Visible minority41%
Bachelor's or higher (25–64)21%
Mother tongue (1st)English · 55%
Mother tongue (2nd)Tagalog · 10%

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

Rankings

Living Area

above average
1,224 sqft
0255075100
Same streetTop 30%Same areaTop 45%CitywideTop 48%
Same street · Toronto Street
#92 / 302
Top 30% · Avg 1,131 sqft
Same area · St. Matthews
#654 / 1,455
Top 45% · Avg 1,195 sqft
Citywide · Winnipeg
#93,008 / 194,458
Top 48% · Avg 1,342 sqft

Tax-Assessed Value

around average
177k
0255075100
Same streetTop 43%Same areaBottom 31%CitywideBottom 5%
Same street · Toronto Street
#130 / 302
Top 43% · Avg 179.8k
Same area · St. Matthews
#1,008 / 1,455
Bottom 31% · Avg 205k
Citywide · Winnipeg
#183,770 / 194,458
Bottom 5% · Avg 390.1k

Year Built

around average
1906
0255075100
Same streetBottom 49%Same areaBottom 20%CitywideBottom 2%

Lot Size

around average
2,327 sqft
0255075100
Same streetTop 39%Same areaBottom 6%CitywideBottom 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

422 Toronto Street — 32 amenities found within 500 m, across 7 categories, including 12 dining (nearest 151 m), 1 education (nearest 291 m), 2 healthcare (nearest 86 m).

Search radius
🍽️Dining12
🏫Education1
🏥Healthcare2
🛒Shopping6
🌳Parks2
💪Sports1
Worship8

Crime & Safety

St. Matthews · WPS public data · 2026

Annual incidents

62

2026

vs. city avg

+110%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Violent

42%

Sales History

422 Toronto 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.

Related homes

Highlights & common questions: 422 Toronto Street, Winnipeg

Property Overview: 422 Toronto Street, Winnipeg

Key Characteristics & Appeal

This 1,224 sqft home, built in 1906, presents a classic St. Matthews character property with a practical footprint. Its key appeal lies in its established location and relative value. On its own street, the home is competitive, with a living area above the local average and an assessed value ($177k) in line with neighboring homes. This suggests it fits comfortably within the existing fabric of Toronto Street.

The broader perspective, however, highlights its value proposition. Compared to the wider city, its assessed value is notably below the Winnipeg average, positioning it as an accessible entry point into the market. The lot, while smaller than many in the city, is a manageable size for low-maintenance living. This home would suit a first-time buyer or pragmatic investor looking for a character home without a premium price tag, particularly someone who values an established, walkable neighborhood over a large yard or modern construction. It’s a property that makes sense more on its own block than on a city-wide spreadsheet, offering a chance to own a solid, average-sized home in a mature area.

Frequently Asked Questions

1. How does the assessed value relate to the likely selling price?
The assessed value ($177k) is for municipal tax purposes and is a starting point for valuation. It closely mirrors the average on Toronto Street, but the final sale price will be determined by current market conditions, the home’s interior condition, and buyer demand.

2. The home is older than most in Winnipeg. Should I be concerned?
Built in 1906, it is older than roughly 98% of city homes. This typically means potential for character but also requires diligent inspection for updates to major systems like wiring, plumbing, and insulation. Its age is very typical for the St. Matthews neighborhood.

3. The lot size is below average. What does that mean for me?
The 2,327 sqft lot is smaller than most in both the neighborhood and city. This translates to less outdoor maintenance and yard work, which can be a benefit for busy owners or those seeking a lock-and-leave lifestyle, but offers less space for expansions, gardens, or private outdoor living.

4. Why is there no sales history shown for this listing?
As noted in the data, the site does not source or display MLS sales records. You can request exact historical transaction figures by emailing the provided contact for a manual lookup.

5. How does this home compare to others nearby?
The listed "Nearby properties" and "For reference" homes provide context. For instance, compared to similar vintage homes on Beverley Street, this property’s assessed value and size are broadly in the same range, though some nearby homes have been more extensively updated or are larger, as reflected in their higher assessments.

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