262 Chalfont Road

Varsity View, Winnipeg

Property score

66.5

Good

Overall 66.5 · Older than most nearby homes

1,182 sqft (bottom 41%) · Built in 1920 (55 yrs older than avg)

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

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 park nearby

Living Area

Near average

15% smaller than neighborhood avg.

Year Built

Below average

55 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

66.5 is composed by the two sections below.

Property Score

56.3Fair
Living Area60
1,182 sqftFair
Year Built16
1920Low
Lot Size100
36,113 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

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: #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.

Rankings

Living Area

around average
1,182 sqft
0255075100
Same streetBottom 24%Same areaBottom 41%CitywideBottom 48%
Same street · Chalfont Road
#51 / 67
Bottom 24% · Avg 1,680 sqft
Same area · Varsity View
#503 / 848
Bottom 41% · Avg 1,387 sqft
Citywide · Winnipeg
#101,125 / 194,458
Bottom 48% · Avg 1,342 sqft

Tax-Assessed Value

around average
395k
0255075100
Same streetBottom 7%Same areaBottom 46%CitywideTop 40%
Same street · Chalfont Road
#62 / 67
Bottom 7% · Avg 514.2k
Same area · Varsity View
#461 / 848
Bottom 46% · Avg 444.7k
Citywide · Winnipeg
#77,040 / 194,458
Top 40% · Avg 390.1k

Year Built

below average
1920
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 13%

Lot Size

Elite
36,113 sqft
0255075100
Same streetTop 4%Same areaTop 1%CitywideTop 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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

262 Chalfont Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 116 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%

Sales History

262 Chalfont Road: 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: 262 Chalfont Road, Winnipeg

Property Overview & Appeal

This is a distinctive, century-old one-storey home in Varsity View, sitting on an exceptionally large, mature lot of over 36,000 square feet. Its primary appeal lies in this rare combination of a central location and vast, private land, offering a unique canvas within the city. The home itself is modest in size at 1,182 sqft and features a finished basement and a detached garage.

The property would best suit a specific type of buyer: those who value land and long-term potential over a move-in-ready modern home. It's ideal for a visionary looking to eventually build a new primary residence, a multi-generational compound, or simply someone who desires unparalleled outdoor space for gardens, recreation, or privacy. It also presents a solid opportunity for a developer, given the lot's size and zoning. The charm here isn't in the vintage fixtures but in the profound possibility the land represents.

Key Questions for Consideration

  1. What does the lot size actually mean for me?
    Beyond privacy, a lot of this scale (over 3/4 of an acre) offers rare flexibility within Winnipeg. It could accommodate additions, separate outbuildings (subject to bylaws), or simply provide a unique sense of openness and tranquility that is typically unavailable in central neighbourhoods.

  2. Given the age, what should I budget for immediately?
    While the basement is finished, a 1920s home requires a proactive inspection focused on foundational integrity, outdated wiring or plumbing, and the roof's condition. Budgeting for essential systems updates, rather than just cosmetic fixes, is a prudent first step.

  3. Is the property suitable for subdivision or redevelopment?
    This is a central question that defines its value. Any plans would be subject to the City of Winnipeg's zoning bylaws, development plans, and permitting process. A buyer should consult directly with the city's planning department to understand the specific possibilities and constraints before proceeding.

  4. How does the assessed value relate to the likely selling price?
    The city's assessment is for taxation purposes and is often conservative, especially for unique properties. The market value is likely to be significantly higher, driven by the land's development potential and scarcity, not just the existing structure.

  5. What is it like to maintain a property of this size?
    Consider the ongoing commitment: landscaping a large parcel, maintaining mature trees, and dealing with a detached garage. While offering great space, it requires more time, equipment, or cost for upkeep compared to a standard city lot.