54 Baker Bay

Mandalay West, Winnipeg

76.4

Good

Overall 76.4

Larger but older than most nearby homes

1,781 sqft (top 13%)

Built in 1979 (10 yrs older than avg)

Located in a high-income area

with median household income of ~93k

Transit 82.0

6-min walk to transit with 5 nearby routes

Within 500m: 3 parks nearby

Living Area

Above average

32% larger than neighborhood avg.

Year Built

Below average

10 yrs older than neighborhood avg.

Mother tongue

English · 43%Punjabi · 19%

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

Sold Count

472

Median price

454k

$/sqft

$385/sqft

Avg build year

1989

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Property score

76.4 is composed by the two sections below.

Property Score

80.9Excellent
Living Area1,781 sqft86Excellent
Year Built197967Good
Lot Size10,239 sqft97Excellent
Neighbourhood Sales Activity28Low

Community Score

69.6Good
Household Income82Excellent
Education Level63Fair
Housing Stress50Fair
Core Housing Need50Fair
Employment Health60Fair

Neighbourhood Sales

Mandalay West

How to read: Share of sales in each ~$50k price band for “mandalay west” (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: #46110192

Community deep dive

$93K

Median household income

6%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

16%

Single-person households

33%

Families with children

Population, labour & age

Population (2021)262
Labour force participation rate61%
Median age44.0
Avg household size2.9
Unemployment rate7%
Population density3742 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households16%
Couple families with children33%
Median household income (2020)$93K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)38%
Visible minority40%
Bachelor's or higher (25–64)30%
Mother tongue (1st)English · 43%
Mother tongue (2nd)Punjabi · 18%

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

Rankings

Living Area

above average
1,781 sqft
0255075100
Same streetTop 9%Same areaTop 13%CitywideTop 18%
Same street · Baker Bay
#3 / 34
Top 9% · Avg 1,464 sqft
Same area · Mandalay West
#209 / 1,596
Top 13% · Avg 1,346 sqft
Citywide · Winnipeg
#34,816 / 194,458
Top 18% · Avg 1,342 sqft

Tax-Assessed Value

above average
464k
0255075100
Same streetTop 15%Same areaTop 28%CitywideTop 26%
Same street · Baker Bay
#5 / 34
Top 15% · Avg 425.3k
Same area · Mandalay West
#445 / 1,596
Top 28% · Avg 418.4k
Citywide · Winnipeg
#50,419 / 194,458
Top 26% · Avg 390.1k

Year Built

around average
1979
0255075100
Same streetBottom 26%Same areaBottom 10%CitywideTop 34%

Lot Size

Elite
10,239 sqft
0255075100
Same streetTop 6%Same areaTop 4%CitywideTop 6%

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

54 Baker Bay — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 210 m).

Search radius
🌳Parks3

Crime & Safety

Mandalay West · WPS public data · 2026

Annual incidents

7

2026

vs. city avg

-76%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Property

43%

Sales History

Sold 3/2021CA$400k–450k
Sold price

Same street

Top 50%

Same area

Top 24%

City-wide

Top 27%

Related homes

Highlights & common questions: 54 Baker Bay, Winnipeg

Property Overview

54 Baker Bay is a well-established home in Winnipeg's Mandalay West neighbourhood. Built in 1979, its primary appeal lies in its generous proportions, both in the home itself and on its lot. The 1,781 sqft living area ranks in the top 9% for its street, offering more space than most immediate neighbours. The true standout, however, is the 10,239 sqft land area, which places it in the elite top 4% of lots in Mandalay West, suggesting significant outdoor space and privacy uncommon in the area.

The home suits buyers looking for a established property with room to grow or breathe, prioritizing lot size over a newer build. It would appeal to those who value space for gardens, recreation, or future expansions, and who are comfortable with a home from the late 1970s that may require updates. The assessed value is above average for its street, indicating the property is recognized for its substantial attributes.


Frequently Asked Questions

How does the lot size compare to a typical city lot?
The lot is approximately a quarter of an acre (10,239 sqft), which is substantially larger than the Winnipeg city-wide average of around 6,570 sqft. This is a key feature of this property.

Is the 1979 build date a concern?
While older than many homes in Mandalay West, the build year is close to the city-wide average. The focus for a buyer should be on the condition of major systems (roof, windows, HVAC, plumbing) and the potential for modernization, balanced against the value of the large lot and living space.

What does the "above average" assessed value mean?
It means the municipal property assessment is higher than most comparable homes on the street and in the neighbourhood. This typically reflects the property's desirable attributes (like lot size) but can also influence annual property taxes.

Can I see the exact historical sale price?
The provided data shows a sale range for 2021. The exact sale price is available by request from the listing service via email, as they manually provide this detail to ensure accuracy.

How does the living space feel compared to newer homes?
At 1,781 sqft, it offers more interior space than many modern homes in its area. However, the layout and room proportions of a 1979 build may differ from contemporary open-concept designs, which is a consideration for personal preference and potential renovation plans.

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