537 Sydney Avenue

Munroe West, Winnipeg

Property score

55.1

Fair

Overall 55.1 · Newer than most nearby homes

912 sqft (top 49%) · Built in 1955 (10 yrs newer than avg)

Located in a above-average income area with median household income of ~76.5k

Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 1 school, 1 healthcare facility, and 1 shop nearby

Living Area

Near average

5% smaller than neighborhood avg.

Year Built

Above average

10 yrs newer than neighborhood avg.

Mother tongue

English · 75%Tagalog · 3%

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

55.1 is composed by the two sections below.

Property Score

45.7Low
Living Area912 sqft42Low
Year Built195536Low
Lot Size5,000 sqft67Good
Neighbourhood Sales Activity65Good

Community Score

69.3Good
Household Income75Good
Education Level44Low
Housing Stress74Good
Core Housing Need88Excellent
Employment Health68Good

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: #46110699

Community deep dive

$77K

Median household income

$80K

Average household income

14%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

34%

Single-person households

25%

Families with children

Population, labour & age

Population (2021)632
Labour force participation rate70%
Median age37.6
Avg household size2.4
Unemployment rate13%
Population density1504 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households34%
Couple families with children25%
Median household income (2020)$77K

Housing

Renter households32%
Condominium dwellings0%
Median dwelling value (owners)$290K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority16%
Bachelor's or higher (25–64)22%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Tagalog · 3%

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

Rankings

Living Area

around average
912 sqft
0255075100
Same streetTop 42%Same areaTop 49%CitywideBottom 18%
Same street · Sydney Avenue
#80 / 189
Top 42% · Avg 902 sqft
Same area · Munroe West
#552 / 1,123
Top 49% · Avg 958 sqft
Citywide · Winnipeg
#160,199 / 194,458
Bottom 18% · Avg 1,342 sqft

Tax-Assessed Value

above average
278k
0255075100
Same streetTop 23%Same areaTop 49%CitywideBottom 24%
Same street · Sydney Avenue
#43 / 189
Top 23% · Avg 250k
Same area · Munroe West
#553 / 1,123
Top 49% · Avg 273.5k
Citywide · Winnipeg
#148,491 / 194,458
Bottom 24% · Avg 390.1k

Year Built

above average
1955
0255075100
Same streetTop 11%Same areaTop 11%CitywideBottom 34%

Lot Size

Elite
5,000 sqft
0255075100
Same streetTop 4%Same areaTop 45%CitywideBottom 45%

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

537 Sydney Avenue — 9 amenities found within 500 m, across 8 categories, including 1 dining (nearest 334 m), 1 education (nearest 493 m), 1 healthcare (nearest 398 m).

Search radius
🍽️Dining1
🏫Education1
🏥Healthcare1
🛒Shopping1
🌳Parks1
Fuel Stations1
Worship2
🏛️Government1

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

537 Sydney 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: 537 Sydney Avenue, Winnipeg

Property Overview: 537 Sydney Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home presents a compelling blend of space, location, and value within Winnipeg's Munroe West neighborhood. Its primary appeal lies in its generous 5,000 sqft lot, which ranks in the top 4% on its own street, offering above-average outdoor space for the immediate area. Built in 1955, it is a more modern structure compared to many neighboring homes, potentially meaning fewer concerns with aging infrastructure common in older builds.

The 912 sqft living area is typical for Munroe West, catering well to first-time homebuyers, downsizers, or investors seeking a manageable footprint. With an assessed value of $278k, it sits above the street average but aligns with the neighborhood norm, positioning it as a solid value within its community context. It’s important to note that this valuation is below the Winnipeg citywide average, which may reflect the home's smaller size relative to newer suburban builds but highlights its affordability within the city.

This property would suit a practical buyer who prioritizes lot size over interior square footage, values a home with a relatively newer build date in an established area, and is looking for a grounded investment in a neighborhood setting rather than a sprawling suburban property.

Section 2: Frequently Asked Questions

1. How does the lot size compare to nearby properties?
The 5,000 sqft lot is a standout feature, significantly larger than the street average of 3,914 sqft. It ranks 8th largest out of 189 properties on Sydney Avenue.

2. Is the assessed value likely higher due to the lot or the house?
The assessed value of $278k is above the street average. This is likely influenced by the combination of the substantial lot and the home's 1955 build year, which is newer than many area comparables.

3. What does the "below average" city-wide ranking for living area mean?
While the home’s size is typical for Munroe West, its 912 sqft is below the Winnipeg city-wide average of 1,342 sqft. This is common for established inner-city neighborhoods and reflects a different housing style, not necessarily a deficiency.

4. Can I get the exact historical sale prices for this home?
The provided data does not include MLS sale history. You can request exact figures via the "Request exact figures by email" option on the listing page for a manual lookup.

5. How does this home compare to the nearby references on Trent and Melbourne Avenue?
It offers a larger lot than the referenced properties. Its assessed value is similar to 565 Trent Ave, but that home is newer (2003) and has more living area. 537 Sydney Ave trades some interior space for a more substantial lot and a potentially lower maintenance profile than a century-old home like 557 Trent Ave.

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