418 Chalfont Road

Varsity View, Winnipeg

Property score

62.5

Fair

Overall 62.5 · Compared with neighbourhood average

1,160 sqft (bottom 38%) · Built in 1974 (1 yr older than avg)

Located in a average-income area

Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 place of worship nearby

Living Area

Below average

16% smaller than neighborhood avg.

Year Built

Near average

1 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

62.5 is composed by the two sections below.

Property Score

63.9Fair
Living Area60
1,160 sqftFair
Year Built58
1974Fair
Lot Size95
9,404 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

around average
1,160 sqft
0255075100
Same streetBottom 18%Same areaBottom 38%CitywideBottom 46%
Same street · Chalfont Road
#55 / 67
Bottom 18% · Avg 1,680 sqft
Same area · Varsity View
#523 / 848
Bottom 38% · Avg 1,387 sqft
Citywide · Winnipeg
#104,675 / 194,458
Bottom 46% · Avg 1,342 sqft

Tax-Assessed Value

above average
438k
0255075100
Same streetBottom 30%Same areaTop 40%CitywideTop 30%
Same street · Chalfont Road
#47 / 67
Bottom 30% · Avg 514.2k
Same area · Varsity View
#341 / 848
Top 40% · Avg 444.7k
Citywide · Winnipeg
#59,291 / 194,458
Top 30% · Avg 390.1k

Year Built

around average
1974
0255075100
Same streetBottom 42%Same areaTop 46%CitywideTop 42%

Lot Size

above average
9,404 sqft
0255075100
Same streetBottom 49%Same areaTop 20%CitywideTop 7%

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

418 Chalfont Road — 1 amenities found within 500 m, across 1 categories.

Search radius
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

418 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: 418 Chalfont Road, Winnipeg

Property Overview & Key Characteristics

This 1974-built bi-level home at 418 Chalfont Road sits on a large, mature lot in Winnipeg's established Varsity View neighborhood. Its primary appeal lies in the combination of a generous 9,404 sqft property—a rarity that ranks in the top 7% for size city-wide—and a move-in-ready layout featuring a finished basement. The home offers 1,160 sqft of living space with the practical benefits of a single attached garage.

The property’s standout strength is its land value and established location. While the house itself is of average size for the area, the lot size is a significant asset, offering ample outdoor space and future potential in a central community. It suits buyers looking for a solid, no-fuss home in a quiet, tree-lined neighborhood without the premium of a new build. It would particularly appeal to those who prioritize yard space over square footage, or to practical-minded owners who see the long-term value in land and location. The finished basement adds immediate functional living space, making it a pragmatic choice for small families, couples, or investors seeking a stable rental property in a high-demand academic area near the University of Manitoba.


Frequently Asked Questions

1. How does the lot size impact value?
The lot is substantially larger than average, ranking in the top 7% in Winnipeg. This is a permanent feature that adds inherent value, provides privacy and outdoor space, and can be a key factor for future redevelopment or enjoyment.

2. Is the bi-level style a pro or a con?
This depends on preference. Bi-levels offer efficient use of space with distinct living and sleeping zones, but often have entryway stairs. It's a practical, common style in Winnipeg, ideal for those who don't mind split-level living.

3. The house was built in 1974; what should I check?
While systems like roof, windows, and furnace have likely been updated over the years, a thorough inspection is advised to verify the condition of these components, along with the foundation and plumbing, common consideration points for homes of this era.

4. Who are the typical neighbors in Varsity View?
The community is a mix of long-term residents, university staff, students (often in rentals), and young families, creating a quiet but academically-influenced atmosphere with good access to amenities and transit.

5. How should I interpret the provided rankings?
They are useful for quick comparison. Notably, this property ranks higher for its lot size than for the house's age or living area, highlighting that the land is its most competitive feature relative to other homes in the area.