580 Centennial Street

J. B. Mitchell, Winnipeg

Property score

60.9

Fair

Overall 60.9 · Older than most nearby homes

1,045 sqft (bottom 40%) · Built in 1953 (1 yr older than avg)

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

Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 5 dining spots, 2 schools, 2 healthcare facilitys, and 1 shop nearby

Living Area

Near average

7% smaller than neighborhood avg.

Year Built

Below average

1 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

60.9 is composed by the two sections below.

Property Score

53.0Fair
Living Area1,045 sqft52Fair
Year Built195336Low
Lot Size5,476 sqft67Good
Neighbourhood Sales Activity90Excellent

Community Score

72.8Good
Household Income74Good
Education Level91Excellent
Housing Stress30Low
Core Housing Need50Fair
Employment Health96Excellent

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

around average
1,045 sqft
0255075100
Same streetBottom 41%Same areaBottom 40%CitywideBottom 32%
Same street · Centennial Street
#205 / 347
Bottom 41% · Avg 1,117 sqft
Same area · J. B. Mitchell
#185 / 307
Bottom 40% · Avg 1,121 sqft
Citywide · Winnipeg
#131,292 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
384k
0255075100
Same streetTop 47%Same areaBottom 37%CitywideTop 43%
Same street · Centennial Street
#162 / 347
Top 47% · Avg 388.2k
Same area · J. B. Mitchell
#192 / 307
Bottom 37% · Avg 403.5k
Citywide · Winnipeg
#83,066 / 194,458
Top 43% · Avg 390.1k

Year Built

around average
1953
0255075100
Same streetBottom 43%Same areaBottom 24%CitywideBottom 31%

Lot Size

above average
5,476 sqft
0255075100
Same streetTop 20%Same areaTop 40%CitywideTop 45%

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

580 Centennial Street — 13 amenities found within 500 m, across 7 categories, including 5 dining (nearest 306 m), 2 education (nearest 293 m), 2 healthcare (nearest 285 m).

Search radius
🍽️Dining5
🏫Education2
🏥Healthcare2
🛒Shopping1
🌳Parks1
💪Sports1
🏦Finance1

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 8/2016CA$250k–300k
Sold price

Same street

Bottom 19%

Same area

Bottom 20%

City-wide

Bottom 36%

Related homes

Highlights & common questions: 580 Centennial Street, Winnipeg

Property Overview: 580 Centennial Street, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in the J.B. Mitchell neighbourhood presents a practical and grounded opportunity. Built in 1953, its 1,045 sqft living area is squarely average for the area, but it features a renovated basement, adding valuable finished space. A detached garage and a notably above-average land size of 5,476 sqft for the street provide useful outdoor space and potential.

The appeal lies in its position as a straightforward, no-frills property in a mature community. With an assessed value that is moderate for the city, it represents an accessible entry point into the Winnipeg market. The renovated basement suggests some modern updates without the premium of a fully rebuilt home. It’s a property that suits first-time buyers, downsizers looking for single-level living, or practical investors seeking a rental property with a good lot size. Its value is in its functionality and the potential of its larger-than-standard lot on the block, rather than in high-end finishes or square footage.

Section 2: Frequently Asked Questions

1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A viewing is essential to assess the quality of the renovation, the ceiling height, and whether it includes a legal secondary suite or additional living space like a family room or bedroom.

2. How does the assessed value relate to the likely selling price?
The assessed value for taxation purposes is $38,400. In Winnipeg, this is often significantly lower than market value. The last recorded sale was in 2016 for approximately $27.5k-$30.5k. The current market price will be determined by recent sales of comparable homes, condition, and demand.

3. Is the larger lot a significant advantage?
Possibly. At 5,476 sqft, the lot is larger than many on Centennial Street. This could allow for more private outdoor space, gardening, or future expansion like a shed or deck. It's a less obvious feature that adds tangible utility.

4. What are the implications of the home's age (1953)?
While systems like plumbing, electrical, and the roof may have been updated, their age and condition should be a key focus of a home inspection. The charm of a mature home comes with the responsibility of maintaining an older structure.

5. Why is the exact historical sold price not publicly listed?
The vendor uses a service that provides precise sale data from proprietary sources, not just public records. They offer to share the exact past sale figures manually via email to ensure accuracy for serious inquiries.

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