504 Bond Street

Victoria West, Winnipeg

Property score

43.1

Below average

Overall 43.1 · Older than most nearby homes

846 sqft (bottom 31%) · Built in 1914 (31 yrs older than avg)

Located in a above-average income area with median household income of ~67k

Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 6 dining spots, 2 schools, 3 parks, and 1 fuel station nearby

Living Area

Below average

13% smaller than neighborhood avg.

Year Built

Below average

31 yrs older than neighborhood avg.

Mother tongue

English · 81%Tagalog · 4%

Past 10 years Victoria West sales snapshot (~80% of all data)

Sold Count

447

Median price

236.5k

$/sqft

$311/sqft

Avg build year

1945

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Property score

43.1 is composed by the two sections below.

Property Score

32.7Low
Living Area846 sqft32Low
Year Built191416Low
Lot Size3,659 sqft46Low
Neighbourhood Sales Activity67Good

Community Score

58.7Fair
Household Income68Good
Education Level22Low
Housing Stress63Fair
Core Housing Need88Excellent
Employment Health52Fair

Neighbourhood Sales

Victoria West

How to read: Share of sales in each ~$50k price band for “victoria west” (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: #46110831

Community deep dive

$67K

Median household income

$71K

Average household income

12%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

48%

Single-person households

14%

Families with children

Population, labour & age

Population (2021)749
Labour force participation rate60%
Median age44.0
Avg household size2.0
Unemployment rate12%
Population density3404 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households48%
Couple families with children14%
Median household income (2020)$67K

Housing

Renter households18%
Condominium dwellings35%
Median dwelling value (owners)$236K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority14%
Bachelor's or higher (25–64)14%
Mother tongue (1st)English · 80%
Mother tongue (2nd)Tagalog · 4%

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

Rankings

Living Area

around average
846 sqft
0255075100
Same streetBottom 28%Same areaBottom 31%CitywideBottom 12%
Same street · Bond Street
#48 / 67
Bottom 28% · Avg 993 sqft
Same area · Victoria West
#708 / 1,021
Bottom 31% · Avg 976 sqft
Citywide · Winnipeg
#170,318 / 194,458
Bottom 12% · Avg 1,342 sqft

Tax-Assessed Value

around average
257k
0255075100
Same streetBottom 36%Same areaBottom 30%CitywideBottom 19%
Same street · Bond Street
#43 / 67
Bottom 36% · Avg 274.7k
Same area · Victoria West
#715 / 1,021
Bottom 30% · Avg 281.8k
Citywide · Winnipeg
#157,931 / 194,458
Bottom 19% · Avg 390.1k

Year Built

below average
1914
0255075100
Same streetBottom 13%Same areaBottom 14%CitywideBottom 11%

Lot Size

around average
3,659 sqft
0255075100
Same streetBottom 31%Same areaBottom 27%CitywideBottom 21%

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

504 Bond Street — 16 amenities found within 500 m, across 5 categories, including 6 dining (nearest 247 m), 2 education (nearest 258 m), 3 parks (nearest 188 m).

Search radius
🍽️Dining6
🏫Education2
🌳Parks3
Fuel Stations1
Worship4

Crime & Safety

Victoria West · WPS public data · 2026

Annual incidents

9

2026

vs. city avg

-69%

relative to avg

Year-over-year

-90%

vs. prior year

Primary type

Property

56%

Sales History

Sold 4/2022CA$250k–300k
Sold price

Same street

Top 35%

Same area

Top 39%

City-wide

Bottom 26%
Sold 9/2021CA$100k–150k
Sold price

Same street

Bottom 1%

Same area

Bottom 4%

City-wide

Bottom 3%

Related homes

Highlights & common questions: 504 Bond Street, Winnipeg

Property Overview: 504 Bond Street, Winnipeg

Section 1: Key Characteristics & Appeal

This 1914-built home in Victoria West presents a practical urban living opportunity. Its key appeal lies in its relative affordability and established neighborhood context, rather than standout size or newness. With 846 sqft of living space and a 3,659 sqft lot, the property sits comfortably below the city-wide averages, which is reflected in its municipal assessment of $257,000—significantly lower than the Winnipeg average.

The home’s characteristics suggest it is best suited for first-time buyers, downsizers, or pragmatic investors seeking an entry point into a mature neighborhood. Its value proposition is clear: you are acquiring a centrally-located lot and home at a tax assessment that is notably lower than the city's typical home. The data indicates that within its immediate Bond Street and Victoria West context, the property is consistently "close to" or "below" average for its key metrics. This translates to a lower financial barrier to entry compared to many other single-family homes in Winnipeg. A thoughtful perspective for the right buyer is that a smaller, century-old home on a standard lot can offer manageable upkeep costs and a simpler living footprint, while still providing the benefits of detached home ownership in a community with established infrastructure.

Section 2: Frequently Asked Questions

1. What does it mean that the home is "below average" in size and age compared to the whole city?
This directly reflects the property’s value positioning. Most homes in Winnipeg are larger and newer, but also carry higher assessments and taxes. This home offers a more compact and classic alternative at a proportionally lower price point.

2. How should I interpret the various ranking percentages (e.g., top 72% on its street)?
These rankings compare this specific property against groups of similar homes. For example, ranking 48th out of 67 homes on Bond Street for living area (top 72%) means 71% of houses on the street are larger. It’s a tool to gauge how typical or unique the home is within different geographic circles.

3. Is a 1914-built home a concern?
It requires a mindset geared towards character and maintenance. While it offers classic charm, prospective buyers should prioritize a thorough inspection to understand the condition of major systems (plumbing, electrical, foundation) common to homes of this era, and budget for potential updates.

4. The land size is below the city average. Is that a disadvantage?
It depends on your priorities. The lot is very typical for its Victoria West neighborhood. A smaller lot means less exterior maintenance, which can be a benefit for those seeking a lower-maintenance yard, but may limit expansion possibilities or extensive landscaping.

5. Why is the tax assessment important for me as a buyer?
The municipal assessment is the basis for your annual property taxes. An assessment notably below the city average generally indicates proportionally lower property taxes, which is a key part of the ongoing cost of ownership. It is a baseline figure, not the market price, but it informs the home’s standing in the municipal system.

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