369 Madison Street

Kensington, Winnipeg

Property score

47.0

Below average

Overall 47.0 · Newer than most nearby homes

850 sqft (bottom 45%) · Built in 1945 (1 yr newer than avg)

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

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 11 dining spots, 1 school, 2 healthcare facilitys, and 6 shops nearby

Living Area

Near average

7% smaller 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

47.0 is composed by the two sections below.

Property Score

35.2Low
Living Area850 sqft32Low
Year Built194530Low
Lot Size4,448 sqft53Fair
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

around average
850 sqft
0255075100
Same streetBottom 33%Same areaBottom 45%CitywideBottom 13%
Same street · Madison Street
#39 / 58
Bottom 33% · Avg 960 sqft
Same area · Kensington
#70 / 127
Bottom 45% · Avg 914 sqft
Citywide · Winnipeg
#169,746 / 194,458
Bottom 13% · Avg 1,342 sqft

Tax-Assessed Value

around average
197k
0255075100
Same streetBottom 36%Same areaBottom 36%CitywideBottom 8%
Same street · Madison Street
#37 / 58
Bottom 36% · Avg 213.6k
Same area · Kensington
#81 / 127
Bottom 36% · Avg 222.4k
Citywide · Winnipeg
#179,272 / 194,458
Bottom 8% · Avg 390.1k

Year Built

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

Lot Size

around average
4,448 sqft
0255075100
Same streetBottom 31%Same areaTop 47%CitywideBottom 33%

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

369 Madison Street — 30 amenities found within 500 m, across 7 categories, including 11 dining (nearest 280 m), 1 education (nearest 357 m), 2 healthcare (nearest 382 m).

Search radius
🍽️Dining11
🏫Education1
🏥Healthcare2
🛒Shopping6
🌳Parks4
🏦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 12/2019CA$100k–150k
Sold price

Same street

Bottom 15%

Same area

Bottom 11%

City-wide

Bottom 3%

Related homes

Highlights & common questions: 369 Madison Street, Winnipeg

Property Overview: 369 Madison Street, Winnipeg

Key Characteristics & Appeal

This one-storey home on Madison Street in Kensington is a classic, no-frills property built in 1945. Its primary appeal lies in its solid positioning within a stable, established neighborhood. At 850 sqft of living space on a 4,448 sqft lot, the house is modest in size but typical for the immediate area, offering a manageable footprint. A detached garage adds practical utility.

The data reveals a nuanced story: while the home's size and assessed value are around average for its street and Kensington, they are notably below the city-wide average. This suggests a value-oriented entry point into a mature community. The 1945 build date is actually older than most homes on the street, which could imply a well-built character home but also signals that updates may be a consideration. The lot size is generous for the neighborhood, offering potential for outdoor space or future expansion.

This property would best suit first-time buyers, downsizers, or practical investors looking for an affordable foothold in Winnipeg. It’s for those who value location and lot size over turn-key condition or square footage, and who are prepared for the possibilities and responsibilities that come with an older home.

Frequently Asked Questions

1. Is this a good value for the area?
The assessed value and recent sold price range are consistently below the city average, but align with the norms for Madison Street and Kensington. This indicates you are paying for the location within an established community, not for premium size or finishes.

2. What should I know about a house built in 1945?
While older construction often means solid materials, it also means crucial systems like wiring, plumbing, and insulation may need evaluation or upgrading. Its age is a standout feature on the street, so a thorough inspection is essential.

3. How does the lot size compare?
The lot is slightly larger than average for Kensington. This is a less obvious advantage, providing more yard space than many neighboring properties and possible future options, subject to local zoning.

4. Why is the city-wide assessed value comparison so different?
The "city-wide" group includes all property types, like newer suburban homes. This home's value is typical for its specific, older neighborhood context, which is more relevant than the broad city comparison.

5. How can I get the exact historical sold price?
The exact sold price is not publicly listed in detail. As noted on the listing, you can request it directly via email from the site; they provide this data manually without using your email for marketing.

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