240 Princeton Boulevard

Varsity View, Winnipeg

Property score

87.0

Excellent

Overall 87.0 · Larger and newer than most nearby homes

3,154 sqft (top 1%) · Built in 2015 (40 yrs newer 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

Above average

127% larger than neighborhood avg.

Year Built

Above average

40 yrs newer 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

87.0 is composed by the two sections below.

Property Score

94.8Excellent
Living Area3,154 sqft100Excellent
Year Built201594Excellent
Lot Size8,246 sqft93Excellent
Neighbourhood Sales Activity42Low

Community Score

75.2Good
Household Income77Good
Education Level54Fair
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health76Good

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

Elite
3,154 sqft
0255075100
Same streetTop 3%Same areaTop 1%CitywideTop 1%
Same street · Princeton Boulevard
#1 / 32
Top 3% · Avg 1,356 sqft
Same area · Varsity View
#3 / 848
Top 1% · Avg 1,387 sqft
Citywide · Winnipeg
#1,562 / 194,458
Top 1% · Avg 1,342 sqft

Tax-Assessed Value

Elite
920k
0255075100
Same streetTop 6%Same areaTop 1%CitywideTop 1%
Same street · Princeton Boulevard
#2 / 32
Top 6% · Avg 472.3k
Same area · Varsity View
#8 / 848
Top 1% · Avg 444.7k
Citywide · Winnipeg
#2,701 / 194,458
Top 1% · Avg 390.1k

Year Built

Elite
2015
0255075100
Same streetTop 9%Same areaTop 3%CitywideTop 7%

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

240 Princeton Boulevard — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 252 m), 1 healthcare (nearest 295 m), 1 shopping (nearest 349 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

240 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: 240 Princeton Boulevard, Winnipeg

Property Overview & Appeal

This 2015-built two-storey home in Varsity View presents a compelling blend of modern living and established community appeal. Its key characteristics include a substantial 3,154 sqft of living space on a large 8,246 sqft lot, a finished basement, and an attached garage. The home's standout appeal lies in its relative newness and above-average scale for the area, offering move-in-ready space without the wait of new construction. Its competitive rankings—consistently in the top 10% of Winnipeg for size, value, and age—highlight a property that outperforms most of the market.

It would ideally suit growing families seeking ample indoor and outdoor space in a central, academic-adjacent neighborhood, or professionals looking for a modern, low-maintenance home with strong investment metrics. A less obvious perspective is its appeal to buyers who value statistical confidence; the data suggests this is a home with proven, quantifiable standing in its community, not just subjective curb appeal.

Frequently Asked Questions

1. What is the significance of the provided rankings?
The rankings show how this property compares to others on its street, in Varsity View, and across all of Winnipeg in key categories. For example, being newer than 92% of Winnipeg homes indicates minimal immediate repair costs, while ranking in the top 1% for living space highlights its rarity and scale.

2. Is the basement included in the 3,154 sqft living area?
Typically, living area (sqft) refers to above-grade, finished space. The basement is listed separately as "finished," meaning it provides additional usable space that is not included in the primary 3,154 sqft figure.

3. What does the assessment value of $920,000 indicate?
This is the municipal property assessment for taxation purposes, not the market price. However, ranking in the top 1% of Winnipeg assessments confirms the city's recognition of its high value relative to other properties.

4. How does the lot size impact the property?
At over 8,000 sqft, the lot is significantly larger than many in urban neighborhoods. This allows for greater privacy, potential for landscaping, gardening, or outdoor living spaces, and generally contributes to the property's premium feel and value.

5. The home is noted as "modern," but it's now 11 years old. What should I consider?
While not brand new, a 2015 build means major systems (roof, HVAC, windows) are likely still within their typical lifespan, offering a balance between modern building standards and settled infrastructure. It’s wise to verify the condition and warranty status of these components during an inspection.

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