535 Elgin Avenue

Centennial, Winnipeg

Property score

44.4

Below average

Overall 44.4 · Compared with neighbourhood average

1,232 sqft (bottom 49%) · Built in 1900 (26 yrs older than avg)

Located in a below-average income area with median household income of ~39.2k

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 8 dining spots, 4 schools, 1 healthcare facility, and 5 shops nearby

Living Area

Near average

9% smaller than neighborhood avg.

Taon ng Paggawa

Near average

26 yrs older than neighborhood avg.

Mother tongue

English · 60%Tagalog · 9%

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

Sold Count

128

Median price

215k

$/sqft

$120/sqft

Avg build year

1926

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Property score

44.4 is composed by the two sections below.

Property Score

48.4Low
Living Area66
1,232 sqftGood
Taon ng Paggawa5
1900Low
Lupa38
3,200 sqftLow
Neighbourhood Sales Activity42
Low

Community Score

38.4Low
Household Income35
Low
Education Level34
Low
Housing Stress63
Fair
Core Housing Need50
Fair
Employment Health28
Low

Istatistika ng benta ng komunidad

Centennial

How to read: Share of sales in each ~$50k price band for “centennial” (Detached na bahay (hindi 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: #46110176

Community deep dive

$39K

Median household income

$60K

Average household income

38%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.1

P90 / P10 ratio

48%

Single-person households

17%

Families with children

Population, labour & age

Population (2021)722
Labour force participation rate45%
Median age36.4
Avg household size2.5
Unemployment rate16%
Population density2187 / km²

Households & income

Low income (LIM-AT, % pop.)38%
Single-person households48%
Couple families with children17%
Median household income (2020)$39K

Housing

Renter households68%
Condominium dwellings5%
Median dwelling value (owners)$180K

Diversity, education & language

Immigrants (share of pop.)38%
Visible minority39%
Bachelor's or higher (25–64)15%
Mother tongue (1st)English · 59%
Mother tongue (2nd)Tagalog · 9%

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

Mga ranggo

Living Area

karaniwan
1,232 sqft
0255075100
Same streetTop 31%Same areaBottom 49%CitywideTop 47%
Same street · Elgin Avenue
#123 / 402
Top 31% · Avg 1,113 sqft
Same area · Centennial
#191 / 375
Bottom 49% · Avg 1,348 sqft
Citywide · Winnipeg
#91,561 / 194,458
Top 47% · Avg 1,342 sqft

Assessed Value

karaniwan
159k
0255075100
Same streetBottom 42%Same areaTop 47%CitywideBottom 4%
Same street · Elgin Avenue
#234 / 402
Bottom 42% · Avg 189.6k
Same area · Centennial
#178 / 375
Top 47% · Avg 167.9k
Citywide · Winnipeg
#187,044 / 194,458
Bottom 4% · Avg 390.1k

Taon ng Paggawa

karaniwan
1900
0255075100
Same streetBottom 16%Same areaBottom 44%CitywideBottom 1%

Lupa

karaniwan
3,200 sqft
0255075100
Same streetBottom 45%Same areaBottom 49%CitywideBottom 15%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

535 Elgin Avenue — 27 amenities found within 500 m, across 6 categories, including 8 dining (nearest 75 m), 4 education (nearest 249 m), 1 healthcare (nearest 181 m).

Search radius
🍽️Dining8
🏫Education4
🏥Healthcare1
🛒Shopping5
🌳Parks6
Worship3

Crime & Safety

Centennial · WPS public data · 2026

Annual incidents

67

2026

vs. city avg

+127%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Property

51%

Kasaysayan ng Benta

Naibenta 3/2016CA$150k–200k
Presyo ng benta

Parehong kalye

Bottom 30%

Parehong lugar

Bottom 49%

Buong lungsod

Bottom 4%

Related homes

Mga tampok at karaniwang tanong: 535 Elgin Avenue, Winnipeg

Property Overview: 535 Elgin Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This is a classic one-and-three-quarter storey home in Winnipeg's Centennial neighbourhood, built in 1900. It sits on a 3,200 sqft lot, which is a very workable size for the area. The home offers 1,232 sqft of living space, a detached garage, and a basement that is present but not renovated. There is no pool.

The primary appeal lies in its position as a straightforward, lower-priced entry point into the Winnipeg market, particularly in a central neighbourhood. The assessed value is significantly below the citywide average, suggesting a potentially manageable property tax burden and an opportunity for buyers focused on land value and location over a modernized home. It last sold in 2016 for $150,000.

This property would best suit a practical buyer—perhaps a first-time homeowner, an investor, or a hands-on renovator—who is comfortable with a project. The buyer should be drawn to the character and established streets of an older neighbourhood rather than seeking new construction. Its appeal is grounded in fundamentals: a decent lot size, a central location, and a price point that allows room for gradual improvements according to an owner's own taste and budget.

Section 2: Frequently Asked Questions

1. What does "one & 3/4 storey" mean?
Typically, this style features a full main floor and a second floor where the roofline slopes inward, reducing the ceiling height or square footage in parts of the upper level. It's a common, charming design in many of Winnipeg's older neighbourhoods.

2. Is the basement finished or usable for storage?
The listing specifies the basement exists but is "not renovated." Buyers should anticipate an unfinished space that may be suitable for utilities and storage but will likely require inspection for moisture issues and updates to meet modern living standards.

3. How does the assessed value compare?
At $15,900, the assessed value is around average for Centennial but far below the Winnipeg citywide average. This generally indicates a lower property tax bill, but it also reflects the home's age and condition relative to newer properties.

4. What is the neighbourhood like?
Centennial is a mature, central neighbourhood. The lot size here is typical for the area, offering a balance of urban proximity and private outdoor space. As with any central locale, researching specific street dynamics is recommended.

5. What are the major considerations given the age?
Built in 1900, the home is over a century old. Prospective buyers must prioritize a thorough inspection for foundational integrity, wiring, plumbing, and insulation. While it offers charm, updating these core systems is often the primary project, not just cosmetic renovations.