360 Madison Street

Kensington, Winnipeg

Property score

57.8

Fair

Overall 57.8 · Larger and newer than most nearby homes

1,165 sqft (top 15%) · Built in 1945 (1 yr newer than avg)

Located in a above-average income area with median household income of ~74.5k

Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 10 dining spots, 1 school, 2 healthcare facilitys, and 5 shops nearby

Living Area

Above average

28% larger than neighborhood avg.

Year Built

Above average

1 yrs newer than neighborhood avg.

Mother tongue

English · 69%Tagalog · 13%

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

Sold Count

54

Median price

250.3k

$/sqft

$267/sqft

Avg build year

1944

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Property score

57.8 is composed by the two sections below.

Property Score

53.1Fair
Living Area1,165 sqft60Fair
Year Built194530Low
Lot Size4,768 sqft60Fair
Neighbourhood Sales Activity42Low

Community Score

64.8Fair
Household Income74Good
Education Level34Low
Housing Stress74Good
Core Housing Need76Good
Employment Health60Fair

Neighbourhood Sales

Kensington

How to read: Share of sales in each ~$50k price band for “kensington” (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: #46110246

Community deep dive

$75K

Median household income

$85K

Average household income

13%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

28%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)590
Labour force participation rate68%
Median age34.0
Avg household size2.6
Unemployment rate13%
Population density2681 / km²

Households & income

Low income (LIM-AT, % pop.)13%
Single-person households28%
Couple families with children21%
Median household income (2020)$75K

Housing

Renter households24%
Condominium dwellings0%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)24%
Visible minority35%
Bachelor's or higher (25–64)16%
Mother tongue (1st)English · 69%
Mother tongue (2nd)Tagalog · 12%

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

Rankings

Living Area

above average
1,165 sqft
0255075100
Same streetTop 21%Same areaTop 15%CitywideBottom 46%
Same street · Madison Street
#12 / 58
Top 21% · Avg 960 sqft
Same area · Kensington
#19 / 127
Top 15% · Avg 914 sqft
Citywide · Winnipeg
#104,104 / 194,458
Bottom 46% · Avg 1,342 sqft

Tax-Assessed Value

around average
211k
0255075100
Same streetTop 47%Same areaBottom 46%CitywideBottom 10%
Same street · Madison Street
#27 / 58
Top 47% · Avg 213.6k
Same area · Kensington
#69 / 127
Bottom 46% · Avg 222.4k
Citywide · Winnipeg
#175,361 / 194,458
Bottom 10% · Avg 390.1k

Year Built

above average
1945
0255075100
Same streetTop 7%Same areaTop 29%CitywideBottom 22%

Lot Size

above average
4,768 sqft
0255075100
Same streetTop 33%Same areaTop 30%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

360 Madison Street — 29 amenities found within 500 m, across 7 categories, including 10 dining (nearest 231 m), 1 education (nearest 399 m), 2 healthcare (nearest 339 m).

Search radius
🍽️Dining10
🏫Education1
🏥Healthcare2
🛒Shopping5
🌳Parks5
🏦Finance2
Fuel Stations4

Crime & Safety

Kensington · WPS public data · 2026

Annual incidents

6

2026

vs. city avg

-80%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Property

83%

Sales History

Sold 6/2023CA$200k–250k
Sold price

Same street

Top 23%

Same area

Top 35%

City-wide

Bottom 19%

Related homes

Highlights & common questions: 360 Madison Street, Winnipeg

Property Overview

This one-and-a-half storey home at 360 Madison Street in Winnipeg's Kensington neighbourhood presents a classic, grounded opportunity. Built in 1945, it sits on a generous lot and offers above-average living space for its immediate area. Its appeal lies in its established location, a practical footprint, and the value proposition of a character home with room to grow. The detached garage and larger-than-average lot for Kensington add functional appeal.

This property would suit a practical first-time buyer looking for character in a mature neighbourhood, or an investor seeking a stable, rentable asset. It's also a fit for someone with renovation vision, as the home's above-average size for the area provides a solid canvas. Buyers prioritizing modern builds or the lowest citywide property taxes might look elsewhere.

Key Details & FAQs

Living Space: 1,165 sqft (above average for the street and neighbourhood)
Lot Size: 4,768 sqft
Year Built: 1945
Assessed Value: $21,100
Last Sold: June 2023, for an estimated $21,500 - $24,500

1. What is the likely property tax bill?
Based on the 2024 assessed value of $21,100, the annual property taxes would be approximately $1,685, using the city-wide general municipal tax rate. This is notably below the Winnipeg average.

2. How does the home's size compare practically?
While the living area is above average for Kensington, it's slightly below the city-wide average. This suggests a comfortable size for the neighbourhood, but may feel compact compared to newer suburban homes. The lot size, however, is a significant asset in this area.

3. The assessed value seems low. Does that indicate a problem?
Not necessarily. The assessed value is for taxation purposes and is close to the street average. It reflects the home's age, market area, and recent sale price. The significant gap from the city-wide average highlights the value variation between mature neighbourhoods and newer or more affluent areas.

4. What does the 1945 build year mean for a buyer?
It places this home among the older on its street, suggesting potential for classic architectural details. It also implies that major systems (roof, wiring, plumbing) may be older or have been updated at various times, which a thorough inspection should clarify.

5. Who might the detached garage be most valuable for?
Beyond vehicle storage, it offers significant utility for someone with hobbies, needing workshop space, or wanting extra storage—a valuable feature in a neighbourhood where many homes may only have a carport or alley parking.

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