86 Khalsa Street

Mandalay West, Winnipeg

77.7

Good

Overall 77.7

Newer than most nearby homes

1,392 sqft (top 43%)

Built in 2008 (19 yrs newer than avg)

Located in a high-income area

with median household income of ~108k

Transit 100.0

1-min walk to transit with 8 nearby routes

Within 500m: 3 parks nearby

Living Area

Near average

3% larger than neighborhood avg.

Year Built

Above average

19 yrs newer than neighborhood avg.

Mother tongue

Punjabi · 48%English · 24%

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

Sold Count

472

Median price

454k

$/sqft

$385/sqft

Avg build year

1989

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

77.7 is composed by the two sections below.

Property Score

73.1Good
Living Area1,392 sqft71Good
Year Built200890Excellent
Lot Size5,952 sqft74Good
Neighbourhood Sales Activity28Low

Community Score

84.5Excellent
Household Income88Excellent
Education Level82Excellent
Housing Stress63Fair
Core Housing Need88Excellent
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: #46111119

Community deep dive

$108K

Median household income

$118K

Average household income

6%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

8%

Single-person households

41%

Families with children

Population, labour & age

Population (2021)3,572
Labour force participation rate78%
Median age31.2
Avg household size3.9
Unemployment rate8%
Population density5102 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households8%
Couple families with children41%
Median household income (2020)$108K

Housing

Renter households16%
Condominium dwellings8%
Median dwelling value (owners)$448K

Diversity, education & language

Immigrants (share of pop.)60%
Visible minority91%
Bachelor's or higher (25–64)40%
Mother tongue (1st)Punjabi · 47%
Mother tongue (2nd)English · 23%

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

Rankings

Living Area

around average
1,392 sqft
0255075100
Same streetBottom 28%Same areaTop 43%CitywideTop 36%
Same street · Khalsa Street
#53 / 74
Bottom 28% · Avg 1,647 sqft
Same area · Mandalay West
#688 / 1,596
Top 43% · Avg 1,346 sqft
Citywide · Winnipeg
#70,059 / 194,458
Top 36% · Avg 1,342 sqft

Tax-Assessed Value

above average
456k
0255075100
Same streetBottom 9%Same areaTop 31%CitywideTop 27%
Same street · Khalsa Street
#67 / 74
Bottom 9% · Avg 516.3k
Same area · Mandalay West
#492 / 1,596
Top 31% · Avg 418.4k
Citywide · Winnipeg
#53,173 / 194,458
Top 27% · Avg 390.1k

Year Built

Elite
2008
0255075100
Same streetTop 31%Same areaTop 3%CitywideTop 13%

Lot Size

around average
5,952 sqft
0255075100
Same streetTop 41%Same areaTop 37%CitywideTop 34%

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

86 Khalsa Street — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 115 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 86 Khalsa Street.

🗑️

Garbage

wednesday

♻️

Recycling

wednesday

🍂

Yard Waste

wednesday b

Sales History

Sold 8/2021CA$450k–500k
Sold price

Same street

Bottom 43%

Same area

Top 13%

City-wide

Top 18%

Related homes

Highlights & common questions: 86 Khalsa Street, Winnipeg

Property Overview: 86 Khalsa Street, Mandalay West, Winnipeg

Key Characteristics & Appeal

This 1,392 sqft home, built in 2008, sits on a roughly 6,000 sqft lot in the Mandalay West neighbourhood. Its key appeal lies in its modern build year relative to the wider city, offering a newer construction advantage without the premium of a brand-new home. The data presents a nuanced picture: while the living area is modest compared to immediate neighbours, the property holds a significantly above-average assessed value citywide. This suggests potential for solid fundamentals, such as desirable finishes or a well-maintained state, that are recognized in the broader market.

The property would suit practical buyers looking for a turn-key, low-maintenance home from the 2000s era, who value a newer building envelope and systems. It’s also a candidate for buyers who prioritize lot size and location within a established neighbourhood over maximum square footage. A thoughtful perspective is that this home may represent a "sweet spot" – newer than most of Winnipeg's housing stock, yet settled into a mature streetscape, potentially offering the best of both eras.


Frequently Asked Questions

1. How does the size of this home compare to others?
At 1,392 sqft, the living area is below the average for Khalsa Street itself but is very close to the average size for both the Mandalay West area and the entire City of Winnipeg.

2. The assessed value seems low. What does that indicate?
The $45,600 assessed value is for municipal tax purposes and is not a market valuation. It's notably lower than many on its street but is above the citywide average for comparable homes. Market value, as indicated by its 2021 sale in the $450k-$500k range, is determined by recent sales and buyer demand.

3. Why is the build year highlighted as a key feature?
Built in 2008, this home is significantly newer than the Winnipeg citywide average (1966) and the Mandalay West area average (1989). This often translates to modern building codes, materials, and less immediate need for major system updates like roof or windows.

4. What can the lot size support?
The 5,952 sqft lot is near the average for the area. It provides ample outdoor space for gardening, play, or entertaining, and is typical for the neighbourhood's character.

5. How can I find out the exact past sale price?
The listed sale price is a public-record range. The exact, verified sale price from 2021 can be requested directly from SaveOnHouse via the email link provided on the listing page.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.