Property score
61.3
Fair
Overall 61.3 · Larger but older than most nearby homes
1,339 sqft (top 15%) · Built in 1916 (41 yrs older than avg)
Located in a above-average income area with median household income of ~67k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 29 dining spots, 1 school, 1 healthcare facility, and 3 shops nearby
Living Area
Above average
32% larger than neighborhood avg.
Year Built
Below average
41 yrs older than neighborhood avg.
Mother tongue
English · 84%French · 3%
Past 10 years Mcmillan sales snapshot (~80% of all data)
348
285k
$246/sqft
1957
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61.3 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110395
$67K
Median household income
$90K
Average household income
17%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.0
P90 / P10 ratio
56%
Single-person households
5%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
40 Arbuthnot Street — 40 amenities found within 500 m, across 6 categories, including 29 dining (nearest 115 m), 1 education (nearest 372 m), 1 healthcare (nearest 453 m).
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%
40 Arbuthnot Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This 1916 home on Arbuthnot Street in the McMillan neighbourhood presents a unique opportunity. Its key appeal lies in its exceptionally low assessed value of $21,400, which ranks in the top 0% on its street and the top 14% city-wide for affordability. The 1,339 sqft living area offers a practical footprint, larger than many nearby comparables. The home sits on a street ranked in the top 20% locally, within a highly desirable neighbourhood that ranks in the top 0% across all of Winnipeg.
This property would primarily suit a specific type of buyer: those looking for an entry point into one of Winnipeg's most sought-after neighbourhoods, willing to take on a significant renovation or rebuild project. It’s also a potential candidate for land value, given the stark contrast between its assessed value and those of surrounding properties. The appeal is less about the existing structure and more about the location's potential and the financial leverage the low valuation may provide.
Frequently Asked Questions
1. Why is the assessed value so much lower than nearby homes?
The assessed value is based on the property's current state as determined by the assessor. A value this significantly below the neighbourhood norm typically indicates a home that requires major renovation, modernization, or may even be considered a teardown, with the value primarily in the land.
2. What does the ranking data actually tell me?
The percentile rankings compare this property to others on its street, in McMillan, and across Winnipeg. For example, being in the "Top 0%" for neighbourhood rank means McMillan is among the very highest-rated areas in the city. Conversely, a "Top 100%" rank for year built on its street means it is the oldest among its immediate neighbours.
3. Is this a move-in ready home?
Given its age (110 years) and its notably low assessment, it is very unlikely to be move-in ready. Buyers should budget and plan for extensive updates or a complete reconstruction.
4. What are the immediate next-door properties like?
The listing shows multiple units at 757 and 759 McMillan Avenue directly adjacent (0-12 meters away). This suggests the immediate context may include multi-family or subdivided properties, which is an important factor to consider for privacy and the character of the immediate streetscape.
5. Could this be a good investment property?
Potentially, but as a long-term play. The low entry cost in a premium area could yield significant equity growth after redevelopment. However, the initial investment for renovation or rebuilding would be substantial, and the current configuration may not be immediately suitable as a rental without considerable upfront capital.
