236 Princeton Boulevard

Varsity View, Winnipeg

Property score

58.4

Fair

Overall 58.4 · Smaller and older than most nearby homes

962 sqft (bottom 18%) · Built in 1947 (28 yrs older than avg)

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

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

Living Area

Below average

31% smaller than neighborhood avg.

Year Built

Below average

28 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

58.4 is composed by the two sections below.

Property Score

47.2Low
Living Area42
962 sqftLow
Year Built30
1947Low
Lot Size93
8,247 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

below average
962 sqft
0255075100
Same streetBottom 25%Same areaBottom 18%CitywideBottom 23%
Same street · Princeton Boulevard
#24 / 32
Bottom 25% · Avg 1,356 sqft
Same area · Varsity View
#694 / 848
Bottom 18% · Avg 1,387 sqft
Citywide · Winnipeg
#150,496 / 194,458
Bottom 23% · Avg 1,342 sqft

Tax-Assessed Value

below average
268k
0255075100
Same streetBottom 1%Same areaBottom 7%CitywideBottom 21%
Same street · Princeton Boulevard
#32 / 32
Bottom 1% · Avg 472.3k
Same area · Varsity View
#789 / 848
Bottom 7% · Avg 444.7k
Citywide · Winnipeg
#153,017 / 194,458
Bottom 21% · Avg 390.1k

Year Built

below average
1947
0255075100
Same streetBottom 3%Same areaBottom 10%CitywideBottom 24%

Lot Size

above average
8,247 sqft
0255075100
Same streetBottom 22%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

236 Princeton Boulevard — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 237 m), 1 healthcare (nearest 282 m), 1 shopping (nearest 338 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

236 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: 236 Princeton Boulevard, Winnipeg

Property Summary: 236 Princeton Boulevard

Key Characteristics & Appeal

This is a classic, unrenovated 1.5-storey home in the established Varsity View neighbourhood, built in 1947. Its primary appeal lies in its generous 8,247 sqft lot—a rare find that ranks in the top 10% for size across Winnipeg—offering immense potential for gardening, expansion, or future development. The home itself is modest at 962 sqft with an unfinished basement, presenting a straightforward, blank-canvas opportunity. It suits two main types of buyers: first, the value-driven renovator or builder seeking a prime location with exceptional land value to create a custom home; and second, the pragmatic buyer prioritizing lot size and location over turn-key condition, who is comfortable with a home that functions but may need updating. A less obvious perspective is its appeal as a long-term hold; the combination of a large lot in a central, academically adjacent neighbourhood provides a strong foundation for equity growth that outpaces the physical structure itself.

Frequently Asked Questions

1. What does "unfinished basement" mean in this context?
It indicates the basement is in a rough, utility state—likely with concrete floors and exposed walls—and has not been developed into living space. It provides storage and houses mechanical systems but requires significant work to become a finished area.

2. The house ranks poorly for its age. Is this a concern?
The age ranking reflects that it is older than most homes in the area. This isn't unusual for a 1947 home and is factored into the price. The key consideration is the condition of major aging components like the roof, wiring, and plumbing, which should be verified during an inspection.

3. How significant is the lot size?
Very. A lot over 8,000 sqft in this central neighbourhood is a standout feature. It offers privacy, space, and options that are increasingly scarce, making it the property's dominant long-term asset.

4. Who is the typical buyer in Varsity View?
The neighbourhood attracts a mix of university staff, students, families drawn to strong schools, and professionals seeking a central location. This property, given its condition, would likely attract those focused on the land's potential rather than move-in-ready convenience.

5. Why is there no garage?
Many older homes in established neighbourhoods were built without garages. The large lot provides ample space to add a garage or a paved parking area, subject to local zoning and permit regulations.