535 Centennial Street

J. B. Mitchell, Winnipeg

Property score

59.8

Fair

Overall 59.8 · Compared with neighbourhood average

1,086 sqft (top 48%) · Built in 1955 (1 yr newer than avg)

Located in a above-average income area with median household income of ~70k

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

Living Area

Near average

3% smaller than neighborhood avg.

Year Built

Near average

1 yrs newer than neighborhood avg.

Mother tongue

English · 74%French · 3%

Past 10 years J. B. Mitchell sales snapshot (~80% of all data)

Sold Count

123

Median price

375k

$/sqft

$469/sqft

Avg build year

1954

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Property score

59.8 is composed by the two sections below.

Property Score

53.0Fair
Living Area1,086 sqft52Fair
Year Built195536Low
Lot Size5,101 sqft67Good
Neighbourhood Sales Activity90Excellent

Community Score

70.1Good
Household Income72Good
Education Level63Fair
Housing Stress63Fair
Core Housing Need76Good
Employment Health76Good

Neighbourhood Sales

J. B. Mitchell

How to read: Share of sales in each ~$50k price band for “j. b. mitchell” (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: #46111141

Community deep dive

$70K

Median household income

$74K

Average household income

9%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

46%

Single-person households

13%

Families with children

Population, labour & age

Population (2021)1,011
Labour force participation rate70%
Median age44.0
Avg household size1.9
Unemployment rate8%
Population density3888 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households46%
Couple families with children13%
Median household income (2020)$70K

Housing

Renter households56%
Condominium dwellings55%
Median dwelling value (owners)$188K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority19%
Bachelor's or higher (25–64)33%
Mother tongue (1st)English · 73%
Mother tongue (2nd)French · 3%

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

Rankings

Living Area

around average
1,086 sqft
0255075100
Same streetTop 49%Same areaTop 48%CitywideBottom 38%
Same street · Centennial Street
#171 / 347
Top 49% · Avg 1,117 sqft
Same area · J. B. Mitchell
#146 / 307
Top 48% · Avg 1,121 sqft
Citywide · Winnipeg
#120,564 / 194,458
Bottom 38% · Avg 1,342 sqft

Tax-Assessed Value

around average
390k
0255075100
Same streetTop 43%Same areaBottom 43%CitywideTop 41%
Same street · Centennial Street
#148 / 347
Top 43% · Avg 388.2k
Same area · J. B. Mitchell
#176 / 307
Bottom 43% · Avg 403.5k
Citywide · Winnipeg
#79,616 / 194,458
Top 41% · Avg 390.1k

Year Built

around average
1955
0255075100
Same streetTop 50%Same areaTop 37%CitywideBottom 34%

Lot Size

above average
5,101 sqft
0255075100
Same streetTop 30%Same areaTop 46%CitywideBottom 48%

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

535 Centennial Street — 14 amenities found within 500 m, across 8 categories, including 4 dining (nearest 302 m), 2 education (nearest 375 m), 2 healthcare (nearest 88 m).

Search radius
🍽️Dining4
🏫Education2
🏥Healthcare2
🛒Shopping1
🌳Parks2
💪Sports1
🏦Finance1
Worship1

Crime & Safety

J. B. Mitchell · WPS public data · 2026

Annual incidents

3

2026

vs. city avg

-90%

relative to avg

Year-over-year

-98%

vs. prior year

Primary type

Property

67%

Sales History

Sold 8/2020CA$300k–350k
Sold price

Same street

Bottom 34%

Same area

Bottom 27%

City-wide

Bottom 45%

Related homes

Highlights & common questions: 535 Centennial Street, Winnipeg

Property Overview: 535 Centennial Street, Winnipeg

Key Characteristics & Appeal

This one-storey home in the J.B. Mitchell neighbourhood presents a practical and grounded opportunity. Built in 1955, its 1,086 sqft living area and $390k assessed value are squarely in the average range for both the street and the wider city, indicating a stable, no-surprises investment profile. Its standout feature is a notably renovated basement, adding valuable finished space, and it includes a detached garage.

The appeal lies in its balance and potential. The lot size of 5,101 sqft is above average for Centennial Street, offering more outdoor space than many immediate neighbours—a subtle advantage for gardening, play, or future expansion. While the home itself is of average size and vintage for the area, the renovated basement moves it beyond a pure fixer-upper, providing immediate livable space. This property would suit first-time buyers or downsizers looking for a manageable, single-level layout in an established neighbourhood, without the premium of a brand-new home. It’s also a sensible fit for a pragmatic investor seeking a property with baseline updates in a stable market segment, where the land itself offers a relative strength.


Frequently Asked Questions

1. How does this home’s value compare to others nearby?
The home’s assessed value of $390k is around the average for Centennial Street and the J.B. Mitchell neighbourhood. It ranks in the middle of the pack, suggesting it is priced consistently with the local market rather than being an outlier.

2. What is the significance of the lot size being "above average" for the street?
With a 5,101 sqft lot ranking in the top 30% on Centennial Street, this property offers more usable outdoor space than many comparable homes. This can provide more privacy, room for landscaping, or future projects like a shed or deck.

3. The home was last sold in 2020. What can be inferred from that sale price range?
Public data shows a sale price range of $305k-$335k in August 2020. The increase to the current $390k assessment reflects broader market trends over the past five years. For precise figures, you can request the exact sold price history via email.

4. What does it mean that the living area is "around average"?
The living space (1,086 sqft) is very close to the average for similar homes on the street (~1,117 sqft). This indicates the home offers standard-sized rooms for the area, neither exceptionally spacious nor particularly compact.

5. Who might this property not suit?
Buyers seeking a modern, turn-key home with an open-concept layout or a brand-new build may find this 1955 one-storey too traditional or in need of further updates. It also may not suit those requiring extensive main-floor square footage, as the living area is modest. The value here is in its solid baseline and lot size, not in high-end finishes or expansive main-floor living.

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