119 Cassin Crescent

Island Lakes, Winnipeg

83.0

Excellent

Overall 83.0

Compared with neighbourhood average

1,550 sqft (bottom 40%)

Built in 1989 (6 yrs older than avg)

Located in a high-income area

with median household income of ~141k

Transit 80.0

3-min walk to transit with 3 nearby routes

Within 500m: 5 dining spots, 2 parks, 2 bank/ATMs, and 1 fuel station nearby

Living Area

Near average

5% smaller than neighborhood avg.

Year Built

Below average

6 yrs older than neighborhood avg.

Mother tongue

English · 64%French · 6%

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

Sold Count

654

Median price

580k

$/sqft

$348/sqft

Avg build year

1995

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Property score

83.0 is composed by the two sections below.

Property Score

78.6Good
Living Area1,550 sqft79Good
Year Built198978Good
Lot Size8,213 sqft93Excellent
Neighbourhood Sales Activity32Low

Community Score

89.5Excellent
Household Income93Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

Island Lakes

How to read: Share of sales in each ~$50k price band for “island lakes” (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: #46111206

Community deep dive

$141K

Median household income

$153K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

7%

Single-person households

54%

Families with children

Population, labour & age

Population (2021)2,712
Labour force participation rate73%
Median age36.8
Avg household size3.3
Unemployment rate6%
Population density3190 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households7%
Couple families with children54%
Median household income (2020)$141K

Housing

Renter households1%
Condominium dwellings8%
Median dwelling value (owners)$452K

Diversity, education & language

Immigrants (share of pop.)24%
Visible minority38%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 64%
Mother tongue (2nd)French · 5%

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

Rankings

Living Area

above average
1,550 sqft
0255075100
Same streetBottom 25%Same areaBottom 40%CitywideTop 28%
Same street · Cassin Crescent
#47 / 63
Bottom 25% · Avg 1,686 sqft
Same area · Island Lakes
#1,273 / 2,119
Bottom 40% · Avg 1,635 sqft
Citywide · Winnipeg
#54,075 / 194,458
Top 28% · Avg 1,342 sqft

Tax-Assessed Value

above average
469k
0255075100
Same streetBottom 35%Same areaBottom 37%CitywideTop 25%
Same street · Cassin Crescent
#41 / 63
Bottom 35% · Avg 475.9k
Same area · Island Lakes
#1,334 / 2,119
Bottom 37% · Avg 494.7k
Citywide · Winnipeg
#48,724 / 194,458
Top 25% · Avg 390.1k

Year Built

above average
1989
0255075100
Same streetTop 13%Same areaBottom 38%CitywideTop 23%

Lot Size

Elite
8,213 sqft
0255075100
Same streetTop 2%Same areaTop 16%CitywideTop 10%

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

119 Cassin Crescent — 11 amenities found within 500 m, across 5 categories, including 5 dining (nearest 352 m), 2 parks (nearest 94 m).

Search radius
🍽️Dining5
🌳Parks2
🏦Finance2
Fuel Stations1
🏛️Government1

Crime & Safety

Island Lakes · WPS public data · 2026

Annual incidents

3

2026

vs. city avg

-90%

relative to avg

Year-over-year

-97%

vs. prior year

Primary type

Violent

67%

Sales History

Sold 6/2019CA$400k–450k
Sold price

Same street

Top 37%

Same area

Bottom 39%

City-wide

Top 30%

Related homes

Highlights & common questions: 119 Cassin Crescent, Winnipeg

Property Overview

This two-storey home at 119 Cassin Crescent in Winnipeg's Island Lakes neighbourhood presents a specific and compelling value proposition. Built in 1989, it features 1,550 sqft of living space, a renovated basement, and an attached garage. Its standout characteristic is an exceptionally large 8,213 sqft lot, which ranks in the top 2% on its own street. While the living space is modest compared to immediate neighbours, the home sits above the citywide average. Its assessed value is similarly positioned—around average for the area but above average across Winnipeg.

The primary appeal lies in its land. The lot size offers rare potential for expansion, gardening, or outdoor living in a well-established area. It suits a practical buyer who values space and privacy over sheer interior square footage, and who sees the renovated basement and solid structure as a good foundation to customize over time. It’s a home for someone looking for a long-term hold in a mature neighbourhood, where the land itself is a key asset that may appreciate independently of the dwelling.

Frequently Asked Questions

What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A buyer should inquire about the finish quality, permits, and whether it includes a separate entrance or additional bedrooms.

How does the lot size impact property taxes?
While the large lot is a major asset, it's important to note that property taxes are based on the assessed value, which considers both land and building. This home's assessment is around average for Island Lakes, suggesting the tax impact of the large lot may be balanced by the home's more modest size.

Is the living area sufficient for a growing family?
At 1,550 sqft, the living space is below the current street average. It may feel cozy for a larger family, but the renovated basement adds functional space. The generous lot also provides room for a future addition, subject to zoning and permits.

Why is the sold price history from 2019 presented as a range?
The provided sold price is an estimate based on public data. To obtain the exact historical sale price, you must request it directly from the site via email, as they manually verify and provide this detail.

How does the 1989 build year affect maintenance?
A home of this age is likely to have had major components like the roof, windows, and HVAC system updated. While the structure is solid, a buyer should budget for the potential replacement of these aging systems, which are nearing or exceeding a typical lifespan.

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