240 Chalfont Road

Varsity View, ਵਿਨੀਪਿਗ

Property score

61.7

Fair

Overall 61.7 · Smaller and older than most nearby homes

944 sqft (bottom 15%) · Built in 1946 (29 yrs older than avg)

Located in a high-income area with median household income of ~91k

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Below average

32% smaller than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Below average

29 yrs older than neighborhood avg.

Mother tongue

English · 80%French · 3%

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

61.7 is composed by the two sections below.

Property Score

48.3Low
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ42
944 sqftLow
ਤਰੀਕ ਤੋਂ ਬਣਿਆ30
1946Low
ਜ਼ਮੀਨ100
21,687 sqftExcellent
Neighbourhood Sales Activity42
Low

Community Score

81.7Excellent
Household Income81
Excellent
Education Level72
Good
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Varsity View

How to read: Share of sales in each ~$50k price band for “varsity view” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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: #46110348

Community deep dive

$91K

Median household income

$105K

Average household income

6%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.2

P90 / P10 ratio

26%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)392
Labour force participation rate62%
Median age48.4
Avg household size2.3
Unemployment rate4%
Population density1866 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households26%
Couple families with children26%
Median household income (2020)$91K

Housing

Renter households5%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)13%
Visible minority8%
Bachelor's or higher (25–64)37%
Mother tongue (1st)English · 79%
Mother tongue (2nd)French · 2%

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

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ ਤੋਂ ਹੇਠਾਂ
944 sqft
0255075100
Same streetਹੇਠਲੇ 3%Same areaਹੇਠਲੇ 15%Citywideਹੇਠਲੇ 21%
Same street · Chalfont Road
#65 / 67
ਹੇਠਲੇ 3% · ਔਸਤ 1,680 sqft
Same area · Varsity View
#723 / 848
ਹੇਠਲੇ 15% · ਔਸਤ 1,387 sqft
Citywide · ਵਿਨੀਪਿਗ
#154,558 / 194,458
ਹੇਠਲੇ 21% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ
400k
0255075100
Same streetਹੇਠਲੇ 12%Same areaਹੇਠਲੇ 48%Citywideਟਾਪ 38%
Same street · Chalfont Road
#59 / 67
ਹੇਠਲੇ 12% · ਔਸਤ 514.2k
Same area · Varsity View
#440 / 848
ਹੇਠਲੇ 48% · ਔਸਤ 444.7k
Citywide · ਵਿਨੀਪਿਗ
#74,505 / 194,458
ਟਾਪ 38% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ ਤੋਂ ਹੇਠਾਂ
1946
0255075100
Same streetਹੇਠਲੇ 6%Same areaਹੇਠਲੇ 8%Citywideਹੇਠਲੇ 23%

ਜ਼ਮੀਨ

ਇਲੀਟ
21,687 sqft
0255075100
Same streetਟਾਪ 22%Same areaਟਾਪ 3%Citywideਟਾਪ 1%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

240 Chalfont Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 191 m).

Search radius
🌳Parks1

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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

240 Chalfont Road: ਅਸੀਂ ਸਿਰਫ਼ ਜਨਤਕ ਡਾਟਾ ਦੇ ਆਧਾਰ 'ਤੇ ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ ਨਹੀਂ ਦਿਖਾ ਰਹੇ; ਇਸ ਦਾ ਮਤਲਬ ਇਹ ਨਹੀਂ ਕਿ ਕਦੇ ਵਿਕਰੀ ਨਹੀਂ ਹੋਈ। ਤੁਸੀਂ ਹੇਠਾਂ «Data notes» ਵਿੱਚ ਈਮੇਲ ਰਾਹੀਂ ਮੰਗ ਕਰ ਸਕਦੇ ਹੋ—ਅਸੀਂ ਹੱਥੀ ਖੋਜ ਕੇ ਸਭ ਤੋਂ ਸਹੀ ਜਾਣਕਾਰੀ ਨਾਲ ਜਵਾਬ ਦੇਵਾਂਗੇ।

Related homes

ਵਿਨੀਪਿਗ 240 Chalfont Road — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Summary: 240 Chalfont Road, Varsity View, Winnipeg

Key Characteristics & Appeal

This is a classic, one-storey home on an exceptionally large, mature lot in the established Varsity View neighborhood. Its primary appeal lies in the rare combination of a nearly half-acre property (21,687 sqft) within a central, sought-after area, offering immense potential for expansion, gardening, or private outdoor space. The home itself is a modest 944 sqft bungalow from 1946 with a finished basement and a detached garage.

The property would best suit a specific type of buyer: those with a vision for the land itself. This could be a family planning a significant renovation or rebuild to create a custom home on a premier lot, an investor seeing long-term value in the land, or a buyer who prioritizes vast private outdoor space over a large existing house. It’s a property where the land is the central asset, appealing to someone comfortable with a home that may require updates in order to unlock the full potential of its location and lot size.

Frequently Asked Questions

1. What does the ranking data actually tell me?
The rankings clearly highlight the property's dichotomy. It ranks in the top 1-3% for lot size in Winnipeg, but in the bottom 20-25% for the age and size of the dwelling itself. This quantifies the opportunity: you are purchasing a top-tier lot with a home that is well below the current area averages.

2. Is the finished basement included in the 944 sqft living area?
No, the 944 sqft figure typically refers to above-ground living space. The finished basement provides additional usable area, but it is separate from the official main floor square footage.

3. What are the implications of a 1946 build date?
While offering classic charm, it strongly suggests that major systems (like plumbing, electrical, and insulation) may be original or dated and will require inspection and likely future investment. The value is in the land and location, not in modern construction.

4. How does the "split" or detached garage affect usability?
A detached garage offers flexibility for use as a workshop or studio separate from the house but is less convenient for daily vehicle access in Winnipeg winters compared to an attached garage. It's a trade-off common for homes of this era.

5. Given the land value, is the $400k assessment a reliable indicator of market price?
Not necessarily. The assessment is for tax purposes and may not fully capture the premium value of such a large lot in this location. Market value will be driven by what buyers are willing to pay for the rare land opportunity, potentially significantly above the assessed value.