551 Beaverbrook Street

J. B. Mitchell, Winnipeg

Property score

64.0

Fair

Overall 64.0 · Larger but older than most nearby homes

1,270 sqft (top 19%) · Built in 1949 (5 yrs older than avg)

Located in a above-average income area with median household income of ~72.5k

Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 4 dining spots, 2 schools, 2 healthcare facilitys, and 1 shop nearby

Living Area

Above average

13% larger than neighborhood avg.

Year Built

Below average

5 yrs older than neighborhood avg.

Mother tongue

English · 62%Punjabi · 4%

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

64.0 is composed by the two sections below.

Property Score

58.1Fair
Living Area66
1,270 sqftGood
Year Built30
1949Low
Lot Size53
4,081 sqftFair
Neighbourhood Sales Activity90
Excellent

Community Score

72.8Good
Household Income74
Good
Education Level91
Excellent
Housing Stress30
Low
Core Housing Need50
Fair
Employment Health96
Excellent

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: #46110371

Community deep dive

$73K

Median household income

$75K

Average household income

20%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.0

P90 / P10 ratio

37%

Single-person households

18%

Families with children

Population, labour & age

Population (2021)650
Labour force participation rate80%
Median age29.8
Avg household size2.2
Unemployment rate3%
Population density7222 / km²

Households & income

Low income (LIM-AT, % pop.)20%
Single-person households37%
Couple families with children18%
Median household income (2020)$73K

Housing

Renter households79%
Condominium dwellings3%
Median dwelling value (owners)$314K

Diversity, education & language

Immigrants (share of pop.)24%
Visible minority40%
Bachelor's or higher (25–64)56%
Mother tongue (1st)English · 61%
Mother tongue (2nd)Punjabi · 3%

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

Rankings

Living Area

above average
1,270 sqft
0255075100
Same streetTop 19%Same areaTop 19%CitywideTop 44%
Same street · Beaverbrook Street
#66 / 352
Top 19% · Avg 1,140 sqft
Same area · J. B. Mitchell
#57 / 307
Top 19% · Avg 1,121 sqft
Citywide · Winnipeg
#85,206 / 194,458
Top 44% · Avg 1,342 sqft

Tax-Assessed Value

above average
418k
0255075100
Same streetTop 21%Same areaTop 33%CitywideTop 34%
Same street · Beaverbrook Street
#75 / 352
Top 21% · Avg 392.3k
Same area · J. B. Mitchell
#101 / 307
Top 33% · Avg 403.5k
Citywide · Winnipeg
#66,567 / 194,458
Top 34% · Avg 390.1k

Year Built

around average
1949
0255075100
Same streetBottom 41%Same areaBottom 3%CitywideBottom 27%

Lot Size

around average
4,081 sqft
0255075100
Same streetBottom 46%Same areaBottom 11%CitywideBottom 27%

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

551 Beaverbrook Street — 15 amenities found within 500 m, across 8 categories, including 4 dining (nearest 213 m), 2 education (nearest 423 m), 2 healthcare (nearest 154 m).

Search radius
🍽️Dining4
🏫Education2
🏥Healthcare2
🛒Shopping1
🌳Parks3
💪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 7/2016CA$350k–400k
Sold price

Same street

Top 35%

Same area

Top 48%

City-wide

Top 45%

Related homes

Highlights & common questions: 551 Beaverbrook Street, Winnipeg

Property Overview: 551 Beaverbrook Street, Winnipeg

Key Characteristics & Appeal

This one-and-a-half storey home, built in 1949, presents a practical and updated living space in Winnipeg's J.B. Mitchell neighbourhood. Its key features include a renovated basement and a detached garage. With 1,270 square feet of living area, the home offers above-average space for both its immediate street and local area, providing more room than many comparable properties nearby.

The appeal lies in its balance of established character and modern updates, primarily in the finished basement, which adds valuable functional space. The property sits on a 4,081 sqft lot, which is a manageable size for maintenance while still offering outdoor space. From an investment perspective, its assessed value consistently ranks above or around average for the local area, suggesting it is positioned well within its market context.

This home would suit a first-time buyer or a downsizer looking for a move-in-ready property without the premium of a brand-new build. It’s also a sensible fit for someone who values a renovated basement for a family room, home office, or rental potential, and who prefers the flexibility of a detached garage. A less obvious point is that, while the home is older than many in the city, its above-average living area for the neighbourhood means you get more interior space than you might typically find in this price bracket, offsetting the older build date.


Frequently Asked Questions

1. How does this home compare in size to others nearby?
At 1,270 sqft, the living area is larger than the average for both Beaverbrook Street and the J.B. Mitchell area, placing it in the top 19% locally for space.

2. What is the significance of the assessed value?
The assessed value of $41,800 is above average for the street and around average for the wider area and city. This indicates the property is viewed as a solid, mid-range value by municipal assessors, not an outlier.

3. Is the lot size typical?
The 4,081 sqft lot is around average for Beaverbrook Street but below average for both the J.B. Mitchell area and Winnipeg citywide. This means outdoor space is adequate but not expansive, which can mean less upkeep.

4. The home was built in 1949. What should I consider?
While the home is older than most in the city, it shares a similar vintage with many on its street. The renovated basement is a significant update. Prospective buyers should ensure a thorough inspection of original components like the roof, wiring, and plumbing.

5. Can I find out the exact historical sale prices?
Exact sold prices are not publicly listed in the detail provided. The listing service offers to provide this precise history manually via email upon request, with the data sourced from public records.