201-575 Stradbrook Avenue

Mcmillan, Winnipeg

79.3

Good

Overall 79.3

Larger and newer than most nearby homes

1,510 sqft (top 8%)

Built in 1988 (31 yrs newer than avg)

Located in a above-average income area

with median household income of ~82k

Transit 88.0

1-min walk to transit with 3 nearby routes

Within 500m: 37 dining spots, 1 school, 2 healthcare facilitys, and 3 shops nearby

Living Area

Above average

49% larger than neighborhood avg.

Year Built

Above average

31 yrs newer than neighborhood avg.

Mother tongue

English · 85%French · 4%

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

Sold Count

348

Median price

285k

$/sqft

$246/sqft

Avg build year

1957

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Property score

79.3 is composed by the two sections below.

Property Score

79.5Good
Living Area1,510 sqft79Good
Year Built198878Good
Neighbourhood Sales Activity95Excellent

Community Score

79.0Good
Household Income77Good
Education Level91Excellent
Housing Stress52Fair
Core Housing Need88Excellent
Employment Health83Excellent

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: #46110398

Community deep dive

$82K

Median household income

$104K

Average household income

11%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.2

P90 / P10 ratio

45%

Single-person households

5%

Families with children

Population, labour & age

Population (2021)502
Labour force participation rate79%
Median age34.0
Avg household size1.7
Unemployment rate9%
Population density6275 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households45%
Couple families with children5%
Median household income (2020)$82K

Housing

Renter households61%
Condominium dwellings41%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority10%
Bachelor's or higher (25–64)54%
Mother tongue (1st)English · 85%
Mother tongue (2nd)French · 4%

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

Rankings

Living Area

Elite
1,510 sqft
0255075100
Same streetTop 5%Same areaTop 8%CitywideTop 8%
Same street · Stradbrook Avenue
#12 / 222
Top 5% · Avg 866 sqft
Same area · Mcmillan
#49 / 582
Top 8% · Avg 1,016 sqft
Citywide · Winnipeg
#2,256 / 26,841
Top 8% · Avg 1,042 sqft

Tax-Assessed Value

above average
391k
0255075100
Same streetTop 7%Same areaTop 8%CitywideTop 12%
Same street · Stradbrook Avenue
#15 / 222
Top 7% · Avg 214.3k
Same area · Mcmillan
#48 / 582
Top 8% · Avg 244.4k
Citywide · Winnipeg
#3,106 / 26,841
Top 12% · Avg 256.1k

Year Built

above average
1988
0255075100
Same streetTop 35%Same areaTop 18%CitywideTop 48%

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

201-575 Stradbrook Avenue — 60 amenities found within 500 m, across 9 categories, including 37 dining (nearest 260 m), 1 education (nearest 285 m), 2 healthcare (nearest 375 m).

Search radius
🍽️Dining37
🏫Education1
🏥Healthcare2
🛒Shopping3
🌳Parks5
💪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 6/2021CA$300k–350k
Sold price

Same street

Top 10%

Same area

Top 15%

City-wide

Top 15%
Sold 10/2019CA$300k–350k
Sold price

Same street

Top 12%

Same area

Top 22%

City-wide

Top 22%
Sold 11/2017CA$300k–350k
Sold price

Same street

Top 12%

Same area

Top 24%

City-wide

Top 24%

Related homes

Highlights & common questions: 201-575 Stradbrook Avenue, Winnipeg

Property Overview

This unit at 201-575 Stradbrook Avenue is a standout, particularly for its generous space and strong assessed value within its context. Built in 1988, it offers 1,510 sqft of living area, which places it in the top 5% of homes on Stradbrook Avenue and the top 8% within both the Mcmillan neighbourhood and citywide. Its assessed value of $39,100 similarly ranks well above local and city averages. Recent sale history shows consistent value in the $300k–$350k range. The appeal lies in acquiring a spacious, well-positioned unit that outperforms most peers in key metrics, suggesting a solid investment in a desirable area. It would suit buyers looking for above-average space in a multi-unit building, from young professionals seeking room to grow to downsizers who don’t want to compromise on square footage.

Frequently Asked Questions

What does the "top 5%" ranking for living area actually mean?
It means this unit's square footage is larger than 95% of comparable homes on Stradbrook Avenue. This is a significant advantage in an urban setting, where space is often at a premium.

Is the building from 1988 considered old?
While not new, 1988 is newer than the average building in the Mcmillan neighbourhood (avg. 1979) and right around the citywide average (avg. 1990). It represents a period of construction that often balances established neighbourhood character with modern building standards.

The assessed value seems low compared to sale prices. Why?
Municipal assessed value for tax purposes is typically lower than market value and doesn't fluctuate as quickly. The consistent sale prices in the $300k–$350k range are a more accurate reflection of current market value.

Who are the typical neighbours in this building?
The listing shows several other units within the same address (e.g., 101, 102, 202, 303, 304-575 Stradbrook), indicating this is likely a condo or apartment complex. Your immediate neighbours would be other unit owners or tenants within this building.

What are the less obvious benefits of this property's rankings?
High rankings in both living area and assessed value suggest the unit is not just spacious but also likely well-maintained and in a stable or appreciating location. This can provide confidence against market shifts and potentially make financing or resale smoother.

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