201-548 Stradbrook Avenue

Mcmillan, Winnipeg

Property score

63.3

Fair

Overall 63.3 · Newer than most nearby homes

850 sqft (bottom 34%) · Built in 2014 (57 yrs newer than avg)

Located in a above-average income area with median household income of ~66.5k

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 40 dining spots, 1 school, 3 healthcare facilitys, and 3 shops nearby

Living Area

Below average

16% smaller than neighborhood avg.

Year Built

Above average

57 yrs newer than neighborhood avg.

Mother tongue

English · 80%Chinese · 1%

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

Sold Count

348

Median price

285k

$/sqft

$246/sqft

Avg build year

1957

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

63.3 is composed by the two sections below.

Property Score

53.7Fair
Living Area32
850 sqftLow
Year Built94
2014Excellent
Neighbourhood Sales Activity95
Excellent

Community Score

77.8Good
Household Income68
Good
Education Level82
Excellent
Housing Stress74
Good
Core Housing Need100
Excellent
Employment Health100
Excellent

Neighbourhood Sales

Mcmillan

How to read: Share of sales in each ~$50k price band for “mcmillan” (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: #46110410

Community deep dive

$67K

Median household income

$80K

Average household income

10%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.7

P90 / P10 ratio

50%

Single-person households

5%

Families with children

Population, labour & age

Population (2021)354
Labour force participation rate83%
Median age33.2
Avg household size1.8
Unemployment rate0%
Population density5900 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households50%
Couple families with children5%
Median household income (2020)$67K

Housing

Renter households64%
Condominium dwellings38%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority13%
Bachelor's or higher (25–64)40%
Mother tongue (1st)English · 80%
Mother tongue (2nd)Chinese · 1%

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

Rankings

Living Area

around average
850 sqft
0255075100
Same streetTop 41%Same areaBottom 34%CitywideBottom 30%
Same street · Stradbrook Avenue
#90 / 222
Top 41% · Avg 866 sqft
Same area · Mcmillan
#382 / 582
Bottom 34% · Avg 1,016 sqft
Citywide · Winnipeg
#18,838 / 26,841
Bottom 30% · Avg 1,042 sqft

Tax-Assessed Value

above average
273k
0255075100
Same streetTop 18%Same areaTop 36%CitywideTop 36%
Same street · Stradbrook Avenue
#40 / 222
Top 18% · Avg 214.3k
Same area · Mcmillan
#208 / 582
Top 36% · Avg 244.4k
Citywide · Winnipeg
#9,667 / 26,841
Top 36% · Avg 256.1k

Year Built

Elite
2014
0255075100
Same streetTop 17%Same areaTop 1%CitywideTop 20%

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

201-548 Stradbrook Avenue — 62 amenities found within 500 m, across 9 categories, including 40 dining (nearest 165 m), 1 education (nearest 193 m), 3 healthcare (nearest 373 m).

Search radius
🍽️Dining40
🏫Education1
🏥Healthcare3
🛒Shopping3
🌳Parks3
💪Sports2
Fuel Stations1
Worship7
🏛️Government2

Crime & Safety

Mcmillan · WPS public data · 2026

Annual incidents

26

2026

vs. city avg

-12%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Property

65%

Sales History

Sold 10/2024CA$200k–250k
Sold price

Same street

Top 36%

Same area

Top 47%

City-wide

Top 45%

Related homes

Highlights & common questions: 201-548 Stradbrook Avenue, Winnipeg

Property Overview

This 850 sqft condo at 201-548 Stradbrook Avenue presents a modern, low-maintenance living option in Winnipeg's McMillan neighbourhood. Built in 2014, it is notably newer than most homes in the immediate area and citywide, suggesting contemporary building standards and potentially lower near-term maintenance costs. Its assessed value ranks above average for Stradbrook Avenue, indicating it is viewed favorably relative to its direct peers.

The appeal lies in this balance of modernity and location. It suits first-time buyers seeking an affordable entry into the market, downsizers looking for a newer, manageable property without the upkeep of a century-old home, or investors attracted by a relatively modern unit in a building among much older housing stock. A thoughtful perspective is that while the living space is modest, its "above average" assessment for the street could signal better finishes, a desirable layout, or a premium position within the building that isn't captured by square footage alone.


Frequently Asked Questions

How does this condo compare in age to its neighbours?
It is significantly newer. Built in 2014, it ranks in the top 17% on its street and is an elite top 1% within the broader McMillan neighbourhood, where many comparable homes average a build year of 1957 or earlier.

Is the assessed value high for the area?
The assessed value of $27,300 is above the street average, placing it in the top 18% on Stradbrook Avenue. This suggests the property holds its value well compared to its immediate peers, though it is around the citywide average.

What does the sold price range indicate?
The 2024 sale price range of CA$200k–250k is above average for the street and area. This recent sale supports the above-average assessed value and reflects what a buyer was willing to pay in the current market.

Who might this property not suit?
It may not suit those requiring more space, as the 850 sqft living area is below the citywide average. It also may not appeal to buyers specifically seeking the classic character of Winnipeg's older housing stock, given its contemporary build.

Are there many similar units in the building?
Yes, the listing shows several other units at the same address (e.g., 202, 203, 301, 302, 303-548 Stradbrook), indicating this is a multi-unit condo building. This is useful for comparing values and understanding the building's composition.