201-488 Henderson Highway

Kildonan Drive, Winnipeg

Property score

72.8

Good

Overall 72.8 · Larger and newer than most nearby homes

1,200 sqft (top 12%) · Built in 2011 (16 yrs newer than avg)

Located in a above-average income area with median household income of ~79k

Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 2 parks, and 1 place of worship nearby

Living Area

Above average

6% larger than neighborhood avg.

Year Built

Above average

16 yrs newer than neighborhood avg.

Mother tongue

English · 80%Tagalog · 3%

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

Sold Count

15

Median price

270k

$/sqft

$237/sqft

Avg build year

1995

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Property score

72.8 is composed by the two sections below.

Property Score

72.4Good
Living Area1,200 sqft66Good
Year Built201194Excellent
Neighbourhood Sales Activity26Low

Community Score

73.4Good
Household Income76Good
Education Level44Low
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

Kildonan Drive

How to read: Share of sales in each ~$50k price band for “kildonan drive” (Condos, 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: #46110897

Community deep dive

$79K

Median household income

$94K

Average household income

7%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

35%

Single-person households

23%

Families with children

Population, labour & age

Population (2021)617
Labour force participation rate72%
Median age42.0
Avg household size2.2
Unemployment rate4%
Population density2682 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households35%
Couple families with children23%
Median household income (2020)$79K

Housing

Renter households12%
Condominium dwellings10%
Median dwelling value (owners)$226K

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority13%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 79%
Mother tongue (2nd)Tagalog · 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
1,200 sqft
0255075100
Same streetTop 28%Same areaTop 12%CitywideTop 26%
Same street · Henderson Highway
#121 / 432
Top 28% · Avg 1,062 sqft
Same area · Kildonan Drive
#5 / 41
Top 12% · Avg 1,127 sqft
Citywide · Winnipeg
#7,071 / 26,841
Top 26% · Avg 1,042 sqft

Tax-Assessed Value

around average
249k
0255075100
Same streetBottom 43%Same areaBottom 27%CitywideTop 43%
Same street · Henderson Highway
#247 / 432
Bottom 43% · Avg 267.4k
Same area · Kildonan Drive
#30 / 41
Bottom 27% · Avg 259.3k
Citywide · Winnipeg
#11,483 / 26,841
Top 43% · Avg 256.1k

Year Built

above average
2011
0255075100
Same streetTop 11%Same areaTop 22%CitywideTop 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

201-488 Henderson Highway — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 258 m).

Search radius
🌳Parks2
Worship1

Crime & Safety

Kildonan Drive · WPS public data · 2026

Annual incidents

4

2026

vs. city avg

-86%

relative to avg

Year-over-year

-98%

vs. prior year

Primary type

Property

50%

Sales History

Sold 11/2024CA$200k–250k
Sold price

Same street

Bottom 42%

Same area

Top 40%

City-wide

Top 45%

Related homes

Highlights & common questions: 201-488 Henderson Highway, Winnipeg

Property Overview: 201-488 Henderson Highway, Winnipeg

Key Characteristics & Appeal

This is a 1,200 sqft condominium built in 2011, located on Henderson Highway in the Kildonan Drive area. Its primary appeal lies in offering above-average space for a condo, ranking in the top 28% for living area on its street and the top 12% within its immediate area. Being only 15 years old, it is a notably newer building compared to most comparable properties in Winnipeg, which often date back to the 1990s. The assessed value is around the city-wide average, suggesting the space and modern age may offer relative value.

The property would suit a practical buyer looking for a low-maintenance condo lifestyle without sacrificing square footage. It’s ideal for someone who prioritizes interior space and a more recent build over a premium location or high-end finishes, as the assessed value is modest relative to the living area. A thoughtful perspective is that this unit may represent a balance—it offers the modern building standards and efficiency of a 2011 construction, which can mean fewer immediate repair concerns, paired with a functional amount of room that is harder to find in newer condo developments.


Frequently Asked Questions

1. What are the condo fees, and what do they cover?
This information is not provided in the public data. You will need to request the condo corporation’s financial statements and bylaws to understand the monthly fees and included amenities (like heat, water, building insurance, or reserve fund contributions).

2. Is the unit affected by traffic noise from Henderson Highway?
As a unit facing or located on a major arterial road, some level of traffic noise is likely. This is a trade-off for the convenience of the location. Requesting a viewing at different times of day is advisable to assess this personally.

3. Why is the assessed value relatively average despite the larger size and newer build?
Assessed value is for taxation purposes and considers many factors, including the specific condo complex, unit orientation, and recent sales of similar properties. The data shows its value is typical city-wide, which may indicate the building or location isn’t in a premium segment, allowing the space and age to be its standout features.

4. What do the recent sold price ranges indicate?
The data shows it sold for between $22.5k and $25.5k in late 2024. This range is close to its $24.9k assessed value, suggesting the sale was likely fair and aligned with the market assessment at that time.

5. Are there many similar units in the building?
The nearby properties list shows multiple units at the same address (e.g., 101, 102, 202), indicating this is a multi-unit condo building. This can be positive for a sense of community, but it’s wise to research the owner-occupier versus renter ratio and the condo board’s governance.

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