505 North Point Boulevard

West Kildonan Industrial, Winnipeg

Property score

78.9

Good

Overall 78.9 · Newer than most nearby homes

1,389 sqft (bottom 32%) · Built in 2022 (1 yr newer than avg)

Located in a high-income area with median household income of ~105k

Transit 70.0 · 1-min walk to transit with 1 nearby route

Living Area

Below average

13% smaller than neighborhood avg.

Year Built

Above average

1 yrs newer than neighborhood avg.

Mother tongue

English · 45%Tagalog · 18%

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

Sold Count

626

Median price

422.5k

$/sqft

$297/sqft

Avg build year

2021

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Property score

78.9 is composed by the two sections below.

Property Score

75.2Good
Living Area1,389 sqft71Good
Year Built2022100Excellent
Lot Size4,375 sqft53Fair
Neighbourhood Sales Activity93Excellent

Community Score

84.4Excellent
Household Income87Excellent
Education Level82Excellent
Housing Stress74Good
Core Housing Need88Excellent
Employment Health83Excellent

Neighbourhood Sales

West Kildonan Industrial

How to read: Share of sales in each ~$50k price band for “west kildonan industrial” (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: #46110002

Community deep dive

$105K

Median household income

$112K

Average household income

6%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

13%

Single-person households

40%

Families with children

Population, labour & age

Population (2021)3,678
Labour force participation rate77%
Median age31.6
Avg household size3.2
Unemployment rate9%
Population density744 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households13%
Couple families with children40%
Median household income (2020)$105K

Housing

Renter households32%
Condominium dwellings4%
Median dwelling value (owners)$404K

Diversity, education & language

Immigrants (share of pop.)46%
Visible minority67%
Bachelor's or higher (25–64)41%
Mother tongue (1st)English · 44%
Mother tongue (2nd)Tagalog · 17%

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

Rankings

Living Area

around average
1,389 sqft
0255075100
Same streetTop 45%Same areaBottom 32%CitywideTop 36%
Same street · North Point Boulevard
#29 / 64
Top 45% · Avg 1,404 sqft
Same area · West Kildonan Industrial
#452 / 664
Bottom 32% · Avg 1,591 sqft
Citywide · Winnipeg
#70,388 / 194,458
Top 36% · Avg 1,342 sqft

Tax-Assessed Value

above average
411k
0255075100
Same streetTop 19%Same areaBottom 46%CitywideTop 36%
Same street · North Point Boulevard
#12 / 64
Top 19% · Avg 375.4k
Same area · West Kildonan Industrial
#359 / 664
Bottom 46% · Avg 442.9k
Citywide · Winnipeg
#69,464 / 194,458
Top 36% · Avg 390.1k

Year Built

Elite
2022
0255075100
Same streetBottom 45%Same areaTop 19%CitywideTop 1%

Lot Size

Elite
4,375 sqft
0255075100
Same streetTop 3%Same areaTop 32%CitywideBottom 32%

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

Search radius
No data within 500 m.

Crime & Safety

West Kildonan Industrial · WPS public data · 2026

Annual incidents

5

2026

vs. city avg

-83%

relative to avg

Year-over-year

-93%

vs. prior year

Primary type

Violent

60%

Sales History

Sold 8/2022CA$400k–450k
Sold price

Same street

Top 25%

Same area

Top 45%

City-wide

Top 29%

Related homes

Highlights & common questions: 505 North Point Boulevard, Winnipeg

505 North Point Boulevard – Property Summary

Key Characteristics & Buyer Profile

This is a 1,389 sqft home built in 2022 on a 4,375 sqft lot, located on North Point Boulevard in Winnipeg's West Kildonan Industrial area. Its assessed value is $411,000.

The property’s strongest standout feature is its lot size. On its own street, it ranks in the top 3%—almost double the street average of 2,598 sqft. This is unusual for a newer home, where lots tend to be smaller. The home itself is also very new by city standards: built in 2022, placing it in the top 1% of Winnipeg homes by construction year, where the citywide average is 1966. The assessed value is above average for its street (top 19%), which reflects both the newer build and the larger lot.

The living area and overall value rank around average at the neighbourhood and city levels, so the home isn't oversized or overpriced relative to its broader context. It’s a well-proportioned, modern house on a notably generous lot for its street.

This property would suit buyers who want a newer, low-maintenance home but also value outdoor space—something harder to find with recent builds. It could also appeal to someone looking for a home that stands out on its block in terms of lot size, without paying a premium for extra square footage inside. It's less suited for buyers who need a large interior footprint or who prioritize being in a top-tier neighbourhood for assessed value.


Frequently Asked Questions

1. How does the lot size compare to other homes nearby?
On North Point Boulevard, this lot is in the top 3%—roughly 1,800 sqft larger than the street average. At the neighbourhood level (West Kildonan Industrial), it’s closer to the average, though still slightly above. Citywide, it's smaller than typical, which is common for newer infill lots.

2. Is the assessed value reasonable for what this home offers?
The assessed value of $411,000 is above the street average ($375k) but below the neighbourhood average ($443k). This suggests the home is valued higher than its immediate neighbours, likely due to the newer construction and larger lot, while still being priced under the broader neighbourhood norm.

3. How does the living area compare to other homes this new?
At 1,389 sqft, the living area is slightly below the citywide average for comparable homes (1,342 sqft is the average, so it's a touch above) and slightly below the street average of 1,404 sqft. It's about 200 sqft smaller than the West Kildonan Industrial average. It's not a large home, but it's in line with what you'd expect for a 2022 build in this area.

4. What's the condition or age of the home like?
Built in 2022, the home is essentially new. It's newer than 99% of homes citywide. At the street level, it's around average (top 55%), meaning several nearby homes are also recent builds. At the neighbourhood level, it's above average (top 19%), as the surrounding area includes older construction.

5. How does this property rank overall in Winnipeg?
Citywide, the home ranks in the top 36% for both living area and assessed value, and the top 1% for year built. The lot ranks in the bottom third citywide (top 68%), but that's because many older homes sit on much larger lots. In its immediate context, the lot is the property's most distinctive asset.

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