385 Leila Avenue

Margaret Park, Winnipeg

Property score

62.0

Fair

Overall 62.0 · Compared with neighbourhood average

1,000 sqft (bottom 31%) · Built in 1965 (2 yrs newer than avg)

Located in a above-average income area with median household income of ~72.5k

Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 1 school, 2 shops, 6 parks, and 1 bank/ATM nearby

Living Area

Below average

5% smaller than neighborhood avg.

Year Built

Below average

2 yrs newer than neighborhood avg.

Mother tongue

English · 63%Tagalog · 15%

Past 10 years Margaret Park sales snapshot (~80% of all data)

Sold Count

234

Median price

400k

$/sqft

$328/sqft

Avg build year

1963

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

62.0 is composed by the two sections below.

Property Score

52.9Fair
Living Area1,000 sqft52Fair
Year Built196546Low
Lot Size5,613 sqft74Good
Neighbourhood Sales Activity28Low

Community Score

75.6Good
Household Income74Good
Education Level82Excellent
Housing Stress74Good
Core Housing Need88Excellent
Employment Health60Fair

Neighbourhood Sales

Margaret Park

How to read: Share of sales in each ~$50k price band for “margaret park” (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: #46110766

Community deep dive

$73K

Median household income

$93K

Average household income

8%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

32%

Single-person households

24%

Families with children

Population, labour & age

Population (2021)621
Labour force participation rate58%
Median age42.8
Avg household size2.4
Unemployment rate6%
Population density3105 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households32%
Couple families with children24%
Median household income (2020)$73K

Housing

Renter households33%
Condominium dwellings0%
Median dwelling value (owners)$320K

Diversity, education & language

Immigrants (share of pop.)33%
Visible minority41%
Bachelor's or higher (25–64)40%
Mother tongue (1st)English · 62%
Mother tongue (2nd)Tagalog · 14%

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

Rankings

Living Area

around average
1,000 sqft
0255075100
Same streetBottom 35%Same areaBottom 31%CitywideBottom 26%
Same street · Leila Avenue
#217 / 333
Bottom 35% · Avg 1,078 sqft
Same area · Margaret Park
#468 / 676
Bottom 31% · Avg 1,047 sqft
Citywide · Winnipeg
#143,718 / 194,458
Bottom 26% · Avg 1,342 sqft

Tax-Assessed Value

around average
306k
0255075100
Same streetBottom 36%Same areaBottom 41%CitywideBottom 31%
Same street · Leila Avenue
#214 / 333
Bottom 36% · Avg 332.7k
Same area · Margaret Park
#402 / 676
Bottom 41% · Avg 304.6k
Citywide · Winnipeg
#134,217 / 194,458
Bottom 31% · Avg 390.1k

Year Built

around average
1965
0255075100
Same streetBottom 37%Same areaBottom 37%CitywideBottom 47%

Lot Size

above average
5,613 sqft
0255075100
Same streetTop 26%Same areaTop 30%CitywideTop 40%

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

385 Leila Avenue — 12 amenities found within 500 m, across 6 categories, including 1 education (nearest 303 m), 2 shopping (nearest 270 m), 6 parks (nearest 84 m).

Search radius
🏫Education1
🛒Shopping2
🌳Parks6
🏦Finance1
Worship1
🏛️Government1

Crime & Safety

Margaret Park · WPS public data · 2026

Annual incidents

16

2026

vs. city avg

-46%

relative to avg

Year-over-year

-89%

vs. prior year

Primary type

Property

63%

Sales History

Sold 6/2019CA$250k–300k
Sold price

Same street

Bottom 30%

Same area

Bottom 38%

City-wide

Bottom 24%

Related homes

Highlights & common questions: 385 Leila Avenue, Winnipeg

Property Overview: 385 Leila Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 385 Leila Avenue in the Margaret Park neighbourhood presents a solid, grounded opportunity. Built in 1965, it offers about 1,000 sqft of living space, which is typical for the area. The standout feature is its lot size of over 5,600 sqft, which ranks well above average for both the street and the neighbourhood. This provides valuable outdoor space and potential that many nearby properties lack. With an assessed value around $30,600, it sits comfortably in the mid-range for the community, suggesting a manageable entry point without being a distressed property.

The appeal here is one of balance and practicality. It’s a home that doesn’t stand out for luxury or size, but for offering a genuinely larger yard in an established area. It would suit a first-time buyer or a practical downsizer looking for a manageable home with room for a garden, pets, or future additions. It’s also a sensible fit for a value-oriented investor seeking a stable rental property in a neighbourhood of similar, well-maintained homes. A less obvious perspective is that its "average" metrics in most categories can be a strength, indicating a lower risk of overpaying for premium features or facing unexpected comparisons when it’s time to sell.

Section 2: Frequently Asked Questions

1. What is the exact recent sale price?
Public records show it last sold between $250,000 and $300,000 in 2019. The listing service offers to provide the exact sold price via email upon request.

2. How does the lot size compare to others?
The property’s land area of 5,613 sqft is a key advantage. It ranks in the top 30% within Margaret Park, meaning you get more yard space than most homes in the immediate area.

3. Is the home older or newer than others nearby?
Built in 1965, it is slightly older than the average home on Leila Avenue (avg. 1970) but is very typical for the city overall. Buyers should budget for maintenance consistent with a home of this age.

4. What does the "around average" assessment mean for value?
The assessed value is typical for the street, neighbourhood, and city. This suggests the property is priced in line with market norms, neither a standout bargain nor overvalued based on municipal assessment.

5. Who are the closest neighbours?
The home is on a well-established street with very close neighbours. The adjacent properties at 389 and 381 Leila Avenue are just 16 meters away, indicating a standard, close-knit suburban lot layout.

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.