$ 685,000

1392 Ravelston Avenue, Winnipeg

3K//Winnipeg/SS Now. Offers as received. Investment Opportunity! Discover the potential of this exceptional property, where the value lies in its spacious 100ft x 220ft lot. Located in a prime area adjacent to existing multi-family development and close to many amenities, this property is ideal for investors, builders, and developers.The existing home is solid and well-maintained. It features 3 bedrooms, all conveniently located on the main floor, along with a full 4pc bathroom. Fully finished basement, with a separate entrance from the outside, includes 3pc bathroom, den/guest room and additional office space. An attached garage provides added convenience. The kitchen offers ample cupboard space, a convenient peninsula, & comes with all appliances included. A large shop and fenced backyard add to the versatility of this property. While the current home is move-in ready and perfect for living or renting out, its true potential shines for future development. Buyer to do their own due diligence regarding possible future development. Seize this rare opportunity to invest in one of the city s most promising locations! (id:1945)
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Property details for 1392 Ravelston Avenue, Winnipeg

Type
Residential
Style
Bungalow
Bedrooms
3
Bathrooms
2
Living Area
1,188 square feet
Lot Size
0 x 0
Parking
Attached Garage, Detached Garage, Other
Heating
Forced air, Natural gas
Ownership
Freehold
Annual Taxes
$5,857 (2025)

Nearby Listings Stat

Estimated price and comparable properties near 1392 Ravelston Avenue

Active Listings
13
Min Price
$314,900
Max Price
$685,000
Avg Price
$432,677
Days on Market
46
days
Sold Listings
16
Min Sold Price
$269,900
Max Sold Price
$499,999
Avg Sold Price
$368,006
Days until Sold
26
days

Neighbourhood Census Data

Winnipeg, Manitoba

Population
2,499
Median Age
37.8
Median Income
$34,970
Dwelling Value
$393,760

Housing Tenure

Owners 68%
Renters 32%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 3
Pop. Density: 722.1/km²
Avg Shelter Cost: $1,670/mo
Owners with Mortgage: 84%
Owners Spending 30%+: 18.2%
Tenants Spending 30%+: 58.7%
English only: 90.4%
French only: 0.2%
English and French: 6.2%
Neither: 3%
Median Household Income: $83,904
Median Employment Income: $35,296

Price History

Listed
March 12, 2026
by Vanguard Real Estate Ltd.
Current Price
$685,000
-0.6% from last change
Type
Residential
For Sale
Price Changes
2
Date Price Change
Current $685,000 $4,000 (-0.6%)
Aug 26, 2026 $689,000 $10,000 (-1.4%)
Apr 1, 2026 $699,000 Listed

Contact Agent Get in touch about 1392 Ravelston Avenue, Winnipeg

Boris Mednikov
Boris Mednikov
Vanguard Real Estate Ltd.