509 Winona Street

Victoria West, Winnipeg

Property score

58.3

Fair

Overall 58.3 · Larger but older than most nearby homes

1,360 sqft (top 6%) · Built in 1912 (33 yrs older than avg)

Located in a above-average income area with median household income of ~71k

Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 5 dining spots, 1 school, 4 parks, and 5 place of worships nearby

Living Area

Above average

39% larger than neighborhood avg.

Year Built

Below average

33 yrs older than neighborhood avg.

Mother tongue

English · 83%Tagalog · 3%

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

58.3 is composed by the two sections below.

Property Score

54.9Fair
Living Area71
1,360 sqftGood
Year Built16
1912Low
Lot Size38
3,001 sqftLow
Neighbourhood Sales Activity67
Good

Community Score

63.4Fair
Household Income72
Good
Education Level10
Low
Housing Stress83
Excellent
Core Housing Need88
Excellent
Employment Health83
Excellent

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: #46110832

Community deep dive

$71K

Median household income

$87K

Average household income

7%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

36%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)517
Labour force participation rate74%
Median age38.8
Avg household size2.2
Unemployment rate8%
Population density3976 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households36%
Couple families with children21%
Median household income (2020)$71K

Housing

Renter households21%
Condominium dwellings6%
Median dwelling value (owners)$230K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority21%
Bachelor's or higher (25–64)8%
Mother tongue (1st)English · 82%
Mother tongue (2nd)Tagalog · 2%

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

Rankings

Living Area

above average
1,360 sqft
0255075100
Same streetTop 11%Same areaTop 6%CitywideTop 38%
Same street · Winona Street
#7 / 64
Top 11% · Avg 1,055 sqft
Same area · Victoria West
#58 / 1,021
Top 6% · Avg 976 sqft
Citywide · Winnipeg
#73,421 / 194,458
Top 38% · Avg 1,342 sqft

Tax-Assessed Value

around average
252k
0255075100
Same streetBottom 30%Same areaBottom 27%CitywideBottom 18%
Same street · Winona Street
#45 / 64
Bottom 30% · Avg 288.5k
Same area · Victoria West
#741 / 1,021
Bottom 27% · Avg 281.8k
Citywide · Winnipeg
#160,206 / 194,458
Bottom 18% · Avg 390.1k

Year Built

below average
1912
0255075100
Same streetBottom 14%Same areaBottom 8%CitywideBottom 8%

Lot Size

below average
3,001 sqft
0255075100
Same streetBottom 9%Same areaBottom 7%CitywideBottom 11%

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

509 Winona Street — 15 amenities found within 500 m, across 4 categories, including 5 dining (nearest 426 m), 1 education (nearest 475 m), 4 parks (nearest 191 m).

Search radius
🍽️Dining5
🏫Education1
🌳Parks4
Worship5

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 8/2019CA$200k–250k
Sold price

Same street

Bottom 27%

Same area

Bottom 31%

City-wide

Bottom 15%

Related homes

Highlights & common questions: 509 Winona Street, Winnipeg

Property Overview: 509 Winona Street, Victoria West, Winnipeg

Section 1: Key Characteristics & Appeal

This 1,360 sqft home on Winona Street, built in 1912, presents a distinct value proposition in Winnipeg's Victoria West neighborhood. Its primary appeal lies in its efficient use of space and its position within a well-established, mature community. The living area is notably larger than most immediate neighbors and the wider Victoria West area, offering more interior room than typical for the locale. This is balanced by a smaller, more manageable 3,001 sqft lot.

The property’s assessed value sits comfortably below averages for the street, neighborhood, and significantly below the Winnipeg city average, suggesting a potentially accessible entry point into the area. This combination positions the home for practical-minded buyers. It would suit a first-time buyer or a downsizer seeking character in a mature neighborhood without the upkeep of a large yard, or an investor looking for a solid rental property in a central location. A thoughtful perspective is that this home represents the "bones" of Victoria West—it's one of the older homes on a street and in a neighborhood that has already seen significant renewal, offering a chance to be part of a continued community evolution without paying a premium for a fully modernized property.

Section 2: Frequently Asked Questions

Q: How does the smaller lot size impact the property?
A: While below the area average, the 3,001 sqft lot requires less maintenance, which can be a benefit. It may limit expansion possibilities but contributes to the home's lower assessment and potentially more affordable property taxes.

Q: The home was built in 1912. What should I consider?
A: As one of the older homes on the block, a thorough inspection is essential to understand the condition of foundational elements, plumbing, electrical systems, and insulation. This vintage also offers the charm and solid craftsmanship of the era.

Q: The assessed value is below average. Is that a good thing?
A: It can be, as it often correlates with lower property taxes. It indicates the home is priced accessibly for the area, but it's crucial to determine if the assessment reflects market value or if it suggests the need for updates or repairs.

Q: What does the "Above Average" living area ranking mean for me?
A: It means you get more interior space than most comparable homes in Victoria West. This is a key advantage, providing more room for living, working, or storage within a competitively priced footprint.

Q: Is Victoria West a good neighborhood?
A: The rankings show Victoria West is a desirable area where homes generally have higher assessed values than this specific property. The neighborhood features mature streetscapes and is centrally located in Winnipeg, offering a blend of character and convenience.