332 Chalfont Road

Varsity View, Winnipeg

Property score

66.5

Good

Overall 66.5 · Larger but older than most nearby homes

1,588 sqft (top 30%) · Built in 1947 (28 yrs older than avg)

Located in a average-income area

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 1 park, and 1 place of worship nearby

Living Area

Above average

15% larger than neighborhood avg.

Year Built

Below average

28 yrs older than neighborhood avg.

Mother tongue

English · 79%Punjabi · 21%

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

70.5Good
Living Area79
1,588 sqftGood
Year Built30
1947Low
Lot Size100
32,832 sqftExcellent
Neighbourhood Sales Activity42
Low

Community Score

60.4Fair
Household Income50
Fair
Education Level82
Excellent
Housing Stress50
Fair
Core Housing Need50
Fair
Employment Health90
Excellent

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: #46110351

Community deep dive

21%

Single-person households

35%

Families with children

Population, labour & age

Population (2021)405
Labour force participation rate71%
Median age77.5
Avg household size2.5
Unemployment rate0%
Population density2892 / km²

Households & income

Low income (LIM-AT, % pop.)
Single-person households21%
Couple families with children35%
Median household income (2020)

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$392K

Diversity, education & language

Immigrants (share of pop.)6%
Visible minority0%
Bachelor's or higher (25–64)41%
Mother tongue (1st)English · 78%
Mother tongue (2nd)

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

Rankings

Living Area

above average
1,588 sqft
0255075100
Same streetBottom 37%Same areaTop 30%CitywideTop 26%
Same street · Chalfont Road
#42 / 67
Bottom 37% · Avg 1,680 sqft
Same area · Varsity View
#256 / 848
Top 30% · Avg 1,387 sqft
Citywide · Winnipeg
#50,506 / 194,458
Top 26% · Avg 1,342 sqft

Tax-Assessed Value

around average
436k
0255075100
Same streetBottom 27%Same areaTop 41%CitywideTop 31%
Same street · Chalfont Road
#49 / 67
Bottom 27% · Avg 514.2k
Same area · Varsity View
#348 / 848
Top 41% · Avg 444.7k
Citywide · Winnipeg
#60,018 / 194,458
Top 31% · Avg 390.1k

Year Built

below average
1947
0255075100
Same streetBottom 15%Same areaBottom 10%CitywideBottom 24%

Lot Size

Elite
32,832 sqft
0255075100
Same streetTop 9%Same areaTop 2%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

332 Chalfont Road — 2 amenities found within 500 m, across 2 categories, including 1 parks (nearest 205 m).

Search radius
🌳Parks1
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

332 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: 332 Chalfont Road, Winnipeg

Property Overview

This is a classic one-and-a-half storey home in the sought-after Varsity View neighbourhood, built in 1947. Its most defining feature is the exceptionally large, approximately 32,800 square foot lot, which places it in the top 1% of all residential properties in Winnipeg for land size. The house itself offers 1,588 square feet of living space, including an unfinished basement, and is accompanied by a detached garage. While the home is of a vintage that will appeal to those who appreciate character, its true value lies in the immense potential offered by its expansive grounds. The property ranks highly for lot size within its community and city but is more modestly ranked for its assessed value and building age, suggesting it is seen as a land-holding opportunity with a livable home.

Its appeal is dual in nature. For a buyer seeking a family home in a central, academic-adjacent community, it provides ample private outdoor space—a rarity so close to the university. For a visionary buyer or developer, the lot represents a significant canvas for future expansion, landscaping, or redevelopment, subject to zoning. This property would best suit a buyer who values land over a turnkey modern home, whether that's a family wanting room to grow gardens and play, or an investor/owner looking for a property where the primary asset is the land itself.


Frequently Asked Questions

1. What does the high lot ranking actually mean?
It means this property's land area of 32,832 sq ft is larger than 99% of all residential properties in Winnipeg, making it an exceptionally rare find in the city for lot size alone.

2. The house was built in 1947. What should I expect?
As a nearly 80-year-old home, buyers should anticipate the need for updates to mechanical systems, windows, and insulation to meet modern efficiency standards. The unfinished basement also presents both a project and an opportunity for customization.

3. Is the price driven more by the house or the land?
Given the home's age and the lot's extraordinary size and rankings, the assessed value appears to be significantly influenced by the land asset. The property offers the potential to add value through home improvements or future land utilization.

4. What is the neighbourhood like?
Varsity View is a mature, established community near the University of Manitoba, typically attracting academics, students, and families seeking a central location with a quiet, leafy character.

5. What are the main considerations for future potential?
Any major changes, like additions or rebuilding, would require checking current zoning bylaws and obtaining necessary permits. The sheer size of the lot provides flexibility, but it must be explored within the framework of local regulations.