532 Lindsay Street

Central River Heights, Winnipeg

62.6

Fair

Overall 62.6

Smaller but newer than most nearby homes

930 sqft (bottom 6%)

Built in 1956 (3 yrs newer than avg)

Located in a high-income area

with median household income of ~111k

Transit 82.0

1-min walk to transit with 2 nearby routes

Within 500m: 4 dining spots, 1 school, 1 shop, and 5 parks nearby

Living Area

Below average

31% smaller than neighborhood avg.

Year Built

Above average

3 yrs newer than neighborhood avg.

Mother tongue

English · 84%Chinese · 1%

Past 10 years Central River Heights sales snapshot (~80% of all data)

Sold Count

426

Median price

580k

$/sqft

$326/sqft

Avg build year

1953

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

62.6 is composed by the two sections below.

Property Score

44.2Low
Living Area930 sqft42Low
Year Built195643Low
Lot Size4,799 sqft60Fair
Neighbourhood Sales Activity28Low

Community Score

90.3Excellent
Household Income89Excellent
Education Level91Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

Central River Heights

How to read: Share of sales in each ~$50k price band for “central river heights” (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: #46111050

Community deep dive

$111K

Median household income

$120K

Average household income

5%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.2

P90 / P10 ratio

24%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)452
Labour force participation rate69%
Median age43.6
Avg household size2.4
Unemployment rate0%
Population density1883 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households24%
Couple families with children27%
Median household income (2020)$111K

Housing

Renter households5%
Condominium dwellings0%
Median dwelling value (owners)$376K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority7%
Bachelor's or higher (25–64)59%
Mother tongue (1st)English · 84%
Mother tongue (2nd)Chinese · 1%

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

Rankings

Living Area

below average
930 sqft
0255075100
Same streetBottom 21%Same areaBottom 6%CitywideBottom 19%
Same street · Lindsay Street
#225 / 286
Bottom 21% · Avg 1,175 sqft
Same area · Central River Heights
#1,167 / 1,244
Bottom 6% · Avg 1,346 sqft
Citywide · Winnipeg
#157,189 / 194,458
Bottom 19% · Avg 1,342 sqft

Tax-Assessed Value

around average
414k
0255075100
Same streetTop 47%Same areaBottom 46%CitywideTop 35%
Same street · Lindsay Street
#135 / 286
Top 47% · Avg 423.8k
Same area · Central River Heights
#672 / 1,244
Bottom 46% · Avg 443.3k
Citywide · Winnipeg
#68,207 / 194,458
Top 35% · Avg 390.1k

Year Built

above average
1956
0255075100
Same streetTop 27%Same areaTop 6%CitywideBottom 36%

Lot Size

around average
4,799 sqft
0255075100
Same streetBottom 13%Same areaBottom 16%CitywideBottom 39%

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

532 Lindsay Street — 12 amenities found within 500 m, across 5 categories, including 4 dining (nearest 178 m), 1 education (nearest 354 m), 1 shopping (nearest 197 m).

Search radius
🍽️Dining4
🏫Education1
🛒Shopping1
🌳Parks5
🏦Finance1

Crime & Safety

Central River Heights · WPS public data · 2026

Annual incidents

1

2026

vs. city avg

-97%

relative to avg

Year-over-year

-99%

vs. prior year

Primary type

Other

100%

Waste Collection Schedule

Local garbage, recycling, and yard waste pickup schedule for 532 Lindsay Street.

🗑️

Garbage

monday

♻️

Recycling

monday

🍂

Yard Waste

monday a

Sales History

Sold 9/2024CA$400k–450k
Sold price

Same street

Top 39%

Same area

Top 44%

City-wide

Top 30%
Sold 4/2022CA$400k–450k
Sold price

Same street

Top 39%

Same area

Top 44%

City-wide

Top 30%

Related homes

Highlights & common questions: 532 Lindsay Street, Winnipeg

Property Overview

This 1956 one-storey home at 532 Lindsay Street in Central River Heights presents a specific and practical opportunity. Its key appeal lies in its generous, nearly 4,800 sqft lot—a significant asset in a mature neighbourhood—paired with a recently renovated basement. The living space of 930 sqft is compact, positioning this as a more modestly-sized home on a larger-than-average parcel for the immediate area. With a detached garage and no pool, the property emphasizes low-maintenance, functional living.

It would suit a first-time buyer or downsizer seeking an entry point into a well-established neighbourhood, with the land offering future potential. It’s also a practical match for an investor or handy homeowner who values the renovated basement as a rental suite or flexible space and sees the lot size as a long-term asset. The stable, average assessed value and recent sale history suggest a predictable, grounded investment rather than a speculative one.


Frequently Asked Questions

Is the lot size a major advantage?
Yes. At 4,799 sqft, the lot is larger than most on Lindsay Street and in Central River Heights. This provides more outdoor space, privacy, and potential for gardening, expansion, or future development, subject to zoning.

How updated is the home?
The basement has been renovated, which is a significant functional improvement. The main living area, at 930 sqft in a 1956 build, likely retains a more classic layout and may require updates depending on personal taste and previous maintenance.

What does the "average" assessed value indicate?
The assessed value is consistently around the average for the street, neighbourhood, and city. This suggests the property is priced in line with market fundamentals for its type, offering stability rather than being under or over-valued relative to its peers.

Who might this home not suit?
It may not suit those seeking a large, modern living area or a turn-key property, as the above-ground square footage is below average. Families needing multiple bedrooms or extensive main-floor space might find it cramped without utilizing the basement.

Is the recent sale price the same as two years ago?
Yes, the property sold for $41,500 in both 2022 and 2024. This price consistency indicates a stable, non-speculative market for this specific home type in the current economic climate.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.