421 Sydney Avenue

Munroe West, Winnipeg

Property score

63.5

Fair

Overall 63.5 · Larger than most nearby homes

1,339 sqft (top 6%) · Built in 1946 (1 yr newer than avg)

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

Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 10 schools, 1 healthcare facility, and 1 shop nearby

Living Area

Above average

40% larger than neighborhood avg.

Year Built

Below average

1 yrs newer than neighborhood avg.

Mother tongue

English · 78%Tagalog · 2%

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

Sold Count

477

Median price

363.3k

$/sqft

$342/sqft

Avg build year

1945

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Property score

63.5 is composed by the two sections below.

Property Score

60.9Fair
Living Area1,339 sqft71Good
Year Built194630Low
Lot Size4,949 sqft60Fair
Neighbourhood Sales Activity65Good

Community Score

67.3Good
Household Income74Good
Education Level44Low
Housing Stress63Fair
Core Housing Need76Good
Employment Health76Good

Neighbourhood Sales

Munroe West

How to read: Share of sales in each ~$50k price band for “munroe west” (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: #46110892

Community deep dive

$73K

Median household income

$83K

Average household income

12%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

36%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)407
Labour force participation rate72%
Median age38.0
Avg household size2.1
Unemployment rate8%
Population density4070 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households36%
Couple families with children26%
Median household income (2020)$73K

Housing

Renter households24%
Condominium dwellings0%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority25%
Bachelor's or higher (25–64)23%
Mother tongue (1st)English · 78%
Mother tongue (2nd)Tagalog · 2%

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

Rankings

Living Area

Elite
1,339 sqft
0255075100
Same streetTop 5%Same areaTop 6%CitywideTop 39%
Same street · Sydney Avenue
#10 / 189
Top 5% · Avg 902 sqft
Same area · Munroe West
#72 / 1,123
Top 6% · Avg 958 sqft
Citywide · Winnipeg
#76,204 / 194,458
Top 39% · Avg 1,342 sqft

Tax-Assessed Value

above average
275k
0255075100
Same streetTop 24%Same areaBottom 47%CitywideBottom 23%
Same street · Sydney Avenue
#45 / 189
Top 24% · Avg 250k
Same area · Munroe West
#591 / 1,123
Bottom 47% · Avg 273.5k
Citywide · Winnipeg
#149,786 / 194,458
Bottom 23% · Avg 390.1k

Year Built

around average
1946
0255075100
Same streetTop 42%Same areaBottom 36%CitywideBottom 23%

Lot Size

above average
4,949 sqft
0255075100
Same streetTop 13%Same areaTop 48%CitywideBottom 42%

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

421 Sydney Avenue — 17 amenities found within 500 m, across 7 categories, including 1 dining (nearest 378 m), 10 education (nearest 252 m), 1 healthcare (nearest 447 m).

Search radius
🍽️Dining1
🏫Education10
🏥Healthcare1
🛒Shopping1
🌳Parks1
Fuel Stations1
Worship2

Crime & Safety

Munroe West · WPS public data · 2026

Annual incidents

26

2026

vs. city avg

-12%

relative to avg

Year-over-year

-88%

vs. prior year

Primary type

Property

65%

Sales History

Sold 3/2025CA$300k–350k
Sold price

Same street

Top 3%

Same area

Top 14%

City-wide

Bottom 48%

Related homes

Highlights & common questions: 421 Sydney Avenue, Winnipeg

Property Overview: 421 Sydney Avenue, Winnipeg

Key Characteristics & Appeal

This 1946 home in Munroe West offers a compelling blend of space and location-specific value. With 1,339 sqft of living area, it stands out significantly in its immediate context, ranking in the top 5-6% for size both on its street and in the broader neighbourhood. This suggests a home that is more spacious than many in the area, which typically average under 1,000 sqft. The lot is also generous for the street at nearly 5,000 sqft, offering above-average outdoor space.

The appeal lies in this relative value proposition. The assessed value of $275k is above average for Sydney Avenue but aligns closely with the Munroe West average. This indicates you are acquiring a larger-than-typical home for the area without a proportionally higher tax assessment. A recent sale price between $300k-$350k further reflects its market position. It suits practical buyers looking for established neighbourhood character, more interior room than the area norm, and a sizable yard, all while maintaining a manageable property tax footprint relative to the home's usable space.

Frequently Asked Questions

1. How does the home’s size compare to others nearby?
It is notably larger than most comparable homes in its immediate vicinity. On Sydney Avenue, it ranks in the top 5% for living area, and in the Munroe West area, it ranks in the top 6%.

2. Is the assessed value in line with the sale price?
The assessed value is $275,000. The home sold recently for an estimated $300,000-$350,000, which is a typical market premium over the municipal assessment used for calculating property taxes.

3. What does the "below average" city-wide ranking for value mean?
While the home is above or average in value for its street and neighbourhood, it ranks below the Winnipeg city-wide average assessed value. This primarily reflects the generally higher property values in other areas of the city compared to Munroe West, not a deficiency in the property itself.

4. How old is the home, and what should I consider?
Built in 1946, the home is around the average age for the area. Buyers should budget for maintenance and updates consistent with an 80-year-old structure and consider a thorough inspection of major systems like plumbing, electrical, and the foundation.

5. Where can I get the exact historical sale price?
The exact sale price is not publicly displayed on this site due to data source restrictions. You can request the exact figure via email using the "Request exact figures" link on the property page, and the team will provide it manually.

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