524 Stradbrook Avenue

Mcmillan, Winnipeg

Property score

79.1

Good

Overall 79.1 · Larger but older than most nearby homes

3,090 sqft (top 5%) · Built in 1905 (12 yrs older than avg)

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

Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 37 dining spots, 1 school, 4 healthcare facilitys, and 3 shops nearby

Living Area

Above average

50% larger than neighborhood avg.

Year Built

Below average

12 yrs older than neighborhood avg.

Mother tongue

English · 80%Chinese · 1%

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

Sold Count

114

Median price

442.5k

$/sqft

$226/sqft

Avg build year

1917

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Property score

79.1 is composed by the two sections below.

Property Score

79.9Good
Living Area100
3,090 sqftExcellent
Year Built10
1905Low
Lot Size88
7,389 sqftExcellent
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” (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: #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

Elite
3,090 sqft
0255075100
Same streetTop 50%Same areaTop 5%CitywideTop 1%
Same street · Stradbrook Avenue
#5 / 10
Top 50% · Avg 2,878 sqft
Same area · Mcmillan
#19 / 355
Top 5% · Avg 2,060 sqft
Citywide · Winnipeg
#1,725 / 194,458
Top 1% · Avg 1,342 sqft

Tax-Assessed Value

above average
566k
0255075100
Same streetTop 30%Same areaTop 12%CitywideTop 11%
Same street · Stradbrook Avenue
#3 / 10
Top 30% · Avg 450.2k
Same area · Mcmillan
#41 / 355
Top 12% · Avg 408.2k
Citywide · Winnipeg
#21,084 / 194,458
Top 11% · Avg 390.1k

Year Built

around average
1905
0255075100
Same streetBottom 40%Same areaBottom 27%CitywideBottom 2%

Lot Size

Elite
7,389 sqft
0255075100
Same streetTop 40%Same areaTop 2%CitywideTop 14%

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

524 Stradbrook Avenue — 62 amenities found within 500 m, across 9 categories, including 37 dining (nearest 105 m), 1 education (nearest 190 m), 4 healthcare (nearest 340 m).

Search radius
🍽️Dining37
🏫Education1
🏥Healthcare4
🛒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

524 Stradbrook Avenue: 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.

Related homes

Highlights & common questions: 524 Stradbrook Avenue, Winnipeg

Property Overview & Key Characteristics

This 1905 two-and-a-half storey home on Stradbrook Avenue is a classic Winnipeg character property with standout space and location metrics. Its primary appeal lies in its generous proportions: a 7,389 sqft lot and 3,090 sqft of living area place it in the top 3% of its street and neighbourhood for size. The home is situated in the McMillan neighbourhood, where it ranks in the top 2% for lot size, offering rare outdoor space for the area. While it retains original charm with an unrenovated basement and detached garage, its assessed value is notably higher than many nearby character homes, suggesting significant upside or inherent value not reflected in basic finishes.

This property would best suit a buyer who values space, heritage, and location over move-in-ready perfection. It’s ideal for a hands-on owner looking for a project within a coveted neighbourhood, or an investor who recognizes the long-term value of a large lot and substantial square footage in a prime area. The figures suggest it's a "diamond in the rough" with stats that outperform most comparable homes, appealing to those with a vision for restoration or redevelopment.

Frequently Asked Questions

1. What does "unrenovated basement" typically imply for a house of this age?
It usually indicates the original foundation, flooring, and mechanical systems are intact. For a 1905 home, this could mean stone or early concrete walls, low ceilings, and older plumbing/electrical runs. It represents both a project cost and an opportunity to modernize correctly from the ground up.

2. The assessed value seems low relative to the lot and living area size. Why is that?
Municipal assessments often lag behind market values, especially for character homes where interior condition significantly impacts worth. A low assessment relative to physical assets can indicate either a need for major updates or a potential property tax advantage for the next owner.

3. Who might be interested in a detached garage here?
Beyond car storage, a detached garage on a large lot is valuable for homeowners needing a workshop, studio, or additional storage. It also offers future potential for conversion (e.g., to a home office or suite, subject to zoning) without disrupting the main house.

4. The home ranks very low for its year built. Is that a concern?
Ranking low for "newness" simply confirms it's one of the older homes on the street and in the city. This isn't inherently a concern but is a hallmark of character housing. It underscores the importance of a thorough inspection focusing on foundational integrity, wiring, and plumbing updates over its 121-year life.

5. How should I interpret the comparison to nearby properties with lower values?
The listed comparisons often have less living area and smaller lots. The higher assessment for 524 Stradbrook Avenue, despite similar age, reflects its substantially larger scale. It suggests the municipal system recognizes its greater material worth, which is a key point for valuation and financing discussions.