60 Boundary Bay

Mandalay West, Winnipeg

79.3

Good

Overall 79.3

Newer than most nearby homes

1,421 sqft (top 41%)

Built in 1994 (5 yrs newer than avg)

Located in a high-income area

with median household income of ~121k

Transit 82.0

1-min walk to transit with 2 nearby routes

Within 500m: 3 parks nearby

Living Area

Near average

6% larger than neighborhood avg.

Year Built

Above average

5 yrs newer than neighborhood avg.

Mother tongue

Punjabi · 33%English · 33%

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

79.3 is composed by the two sections below.

Property Score

74.7Good
Living Area1,421 sqft75Good
Year Built199481Excellent
Lot Size6,066 sqft81Excellent
Neighbourhood Sales Activity28Low

Community Score

86.3Excellent
Household Income91Excellent
Education Level72Good
Housing Stress74Good
Core Housing Need100Excellent
Employment Health90Excellent

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: #46111118

Community deep dive

$121K

Median household income

$133K

Average household income

5%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

5%

Single-person households

50%

Families with children

Population, labour & age

Population (2021)3,661
Labour force participation rate78%
Median age31.6
Avg household size4.0
Unemployment rate6%
Population density479 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households5%
Couple families with children50%
Median household income (2020)$121K

Housing

Renter households9%
Condominium dwellings3%
Median dwelling value (owners)$440K

Diversity, education & language

Immigrants (share of pop.)51%
Visible minority86%
Bachelor's or higher (25–64)36%
Mother tongue (1st)Punjabi · 33%
Mother tongue (2nd)English · 32%

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

Rankings

Living Area

around average
1,421 sqft
0255075100
Same streetBottom 41%Same areaTop 41%CitywideTop 35%
Same street · Boundary Bay
#16 / 27
Bottom 41% · Avg 1,517 sqft
Same area · Mandalay West
#653 / 1,596
Top 41% · Avg 1,346 sqft
Citywide · Winnipeg
#67,216 / 194,458
Top 35% · Avg 1,342 sqft

Tax-Assessed Value

above average
489k
0255075100
Same streetTop 26%Same areaTop 20%CitywideTop 22%
Same street · Boundary Bay
#7 / 27
Top 26% · Avg 463.6k
Same area · Mandalay West
#317 / 1,596
Top 20% · Avg 418.4k
Citywide · Winnipeg
#41,968 / 194,458
Top 22% · Avg 390.1k

Year Built

above average
1994
0255075100
Same streetTop 11%Same areaTop 25%CitywideTop 20%

Lot Size

above average
6,066 sqft
0255075100
Same streetTop 19%Same areaTop 33%CitywideTop 29%

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

60 Boundary Bay — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 82 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%

Waste Collection Schedule

Local garbage, recycling, and yard waste pickup schedule for 60 Boundary Bay.

🗑️

Garbage

wednesday

♻️

Recycling

wednesday

🍂

Yard Waste

wednesday a

Sales History

Sold 9/2023CA$500k–550k
Sold price

Same street

Top 25%

Same area

Top 6%

City-wide

Top 12%

Related homes

Highlights & common questions: 60 Boundary Bay, Winnipeg

Property Overview

60 Boundary Bay is a well-established home in Winnipeg's Mandalay West neighbourhood. Built in 1994, it sits on a generous 6,066 sqft lot and offers 1,421 sqft of living space. The property’s assessed value is notably above average for its immediate street and wider area. It last sold in the $500k-$550k range in 2023.

Key Characteristics & Appeal

This home’s primary appeal lies in its solid, above-average positioning within a mature community. While the living space is close to the citywide average, the property stands out for its larger-than-standard lot in the area and its newer construction date compared to many Winnipeg homes. This combination suggests a well-located property with valuable outdoor space and a potentially more modern building foundation than the typical city home.

It would suit buyers looking for a grounded, established neighbourhood without sacrificing a sense of space around the home. It’s a practical choice for those who value a manageable house size paired with a yard that offers room for gardening, play, or simple privacy. The above-average assessed value across multiple tiers indicates it’s perceived as a stronger-than-average asset in its peer group, appealing to value-conscious buyers.


Frequently Asked Questions

1. How does this home truly compare to others nearby?
The data shows it consistently ranks above average, especially for its assessed value and lot size on Boundary Bay itself. It’s a newer home on the street and sits on a lot that’s larger than many of its direct neighbours.

2. What does the sold price range from 2023 tell us?
The $500k-$550k sale price placed it in the top 25% for the street and the top 6% for the Mandalay West area at that time, indicating it was a premium purchase within its local market.

3. Is the living area smaller than average?
At 1,421 sqft, it is slightly below the average for Mandalay West but is very close to the overall Winnipeg average. This highlights a trade-off: the living space is efficient and standard, while the lot size is a standout feature.

4. Why is the assessed value notably higher than area averages?
A higher assessed value often reflects a combination of factors like lot size, building condition, and desirability of the specific location. Here, the large lot and relatively newer build likely contribute significantly to its assessed value.

5. Who would this property not suit?
Buyers seeking a very large interior or a brand-new build may find it less ideal. It’s best for those who appreciate the stability and maturity of a 30-year-old home in an established neighbourhood, with outdoor space being a key asset.

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