218 Princeton Boulevard

Varsity View, Winnipeg

Property score

69.6

Good

Overall 69.6 · Older than most nearby homes

1,358 sqft (top 43%) · Built in 1951 (24 yrs older than avg)

Located in a above-average income area with median household income of ~82k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 school, 1 healthcare facility, 1 shop, and 2 parks nearby

Living Area

Near average

2% smaller than neighborhood avg.

Year Built

Below average

24 yrs older than neighborhood avg.

Mother tongue

English · 88%French · 1%

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

Sold Count

281

Median price

492k

$/sqft

$398/sqft

Avg build year

1975

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Property score

69.6 is composed by the two sections below.

Property Score

65.8Good
Living Area71
1,358 sqftGood
Year Built36
1951Low
Lot Size93
8,246 sqftExcellent
Neighbourhood Sales Activity42
Low

Community Score

75.2Good
Household Income77
Good
Education Level54
Fair
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health76
Good

Neighbourhood Sales

Varsity View

How to read: Share of sales in each ~$50k price band for “varsity view” (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: #46111102

Community deep dive

$82K

Median household income

$97K

Average household income

10%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.1

P90 / P10 ratio

45%

Single-person households

13%

Families with children

Population, labour & age

Population (2021)361
Labour force participation rate71%
Median age48.8
Avg household size1.9
Unemployment rate7%
Population density820 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households45%
Couple families with children13%
Median household income (2020)$82K

Housing

Renter households13%
Condominium dwellings47%
Median dwelling value (owners)$284K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority9%
Bachelor's or higher (25–64)26%
Mother tongue (1st)English · 87%
Mother tongue (2nd)French · 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
1,358 sqft
0255075100
Same streetTop 47%Same areaTop 43%CitywideTop 38%
Same street · Princeton Boulevard
#15 / 32
Top 47% · Avg 1,356 sqft
Same area · Varsity View
#364 / 848
Top 43% · Avg 1,387 sqft
Citywide · Winnipeg
#73,959 / 194,458
Top 38% · Avg 1,342 sqft

Tax-Assessed Value

below average
296k
0255075100
Same streetBottom 9%Same areaBottom 11%CitywideBottom 28%
Same street · Princeton Boulevard
#29 / 32
Bottom 9% · Avg 472.3k
Same area · Varsity View
#754 / 848
Bottom 11% · Avg 444.7k
Citywide · Winnipeg
#139,773 / 194,458
Bottom 28% · Avg 390.1k

Year Built

below average
1951
0255075100
Same streetBottom 16%Same areaBottom 14%CitywideBottom 29%

Lot Size

above average
8,246 sqft
0255075100
Same streetBottom 16%Same areaTop 27%CitywideTop 10%

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

218 Princeton Boulevard — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 179 m), 1 healthcare (nearest 234 m), 1 shopping (nearest 297 m).

Search radius
🏫Education1
🏥Healthcare1
🛒Shopping1
🌳Parks2
Worship1

Crime & Safety

Varsity View · WPS public data · 2026

Annual incidents

6

2026

vs. city avg

-80%

relative to avg

Year-over-year

-93%

vs. prior year

Primary type

Property

83%

Sales History

218 Princeton Boulevard: 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: 218 Princeton Boulevard, Winnipeg

Property Overview

This 1951-built one-and-a-half storey home in Varsity View offers a classic Winnipeg living proposition. Its key appeal lies in a substantial 8,246 sqft lot, which is notably larger than most in the city, placing it in the top 10% for land size in Winnipeg. The house itself provides 1,358 sqft of living space. As an original, unrenovated character home with an unfinished basement, it presents a clear opportunity. Its value is for a buyer who sees potential in the existing structure and, more importantly, values the rare canvas of a large, mature lot in a central, established neighbourhood. This property suits a hands-on buyer looking for a long-term home to customize to their taste, or an investor who recognizes the underlying value of the land itself. The rankings suggest it's a property of contrasts: while the house is older and the assessment value is mid-range for the area, the lot size and living space are significant competitive advantages in the broader market.

Key Questions for Consideration

  1. What does the "one-and-a-half storey" design typically mean for this era of home?
    Buyers should anticipate a main floor with principal rooms and a second floor under sloped roof lines, which often creates cozy bedrooms with unique character. Understanding the specific layout and ceiling heights on the upper level will be important.

  2. The lot is a major feature. What are the possibilities and responsibilities that come with it?
    The large lot allows for gardening, expansion, or adding a garage. However, maintaining a plot of this size requires time or expense, and any future development would need to comply with local zoning bylaws.

  3. How should I interpret the provided market rankings?
    They highlight the property's strengths and context. For instance, ranking in the top 10% for lot size city-wide is a standout asset, while the lower rankings for building age confirm it's an older home needing updates. They are useful for comparison, not absolute judgment.

  4. Given the unfinished basement, what should I check regarding its condition and potential?
    Inquire about the basement's foundation, ceiling height, moisture control, and the rough-in locations for utilities. An unfinished space offers flexibility but understanding its current state is crucial for planning development costs.

  5. The home is unrenovated. What is a balanced way to view this?
    This means you are purchasing the original condition, which includes both authentic period details and aging mechanical systems (like plumbing, wiring, and heating). Budgeting for both preservation of character and necessary modernization will be essential.