10 Malcana Street

River East, Winnipeg

Property score

62.5

Fair

Overall 62.5 · Smaller than most nearby homes

968 sqft (bottom 13%) · Built in 1978 (2 yrs newer than avg)

Located in a high-income area with median household income of ~113k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 7 parks nearby

Living Area

Below average

31% smaller than neighborhood avg.

Year Built

Near average

2 yrs newer than neighborhood avg.

Mother tongue

English · 77%French · 1%

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

Sold Count

826

Median price

425k

$/sqft

$395/sqft

Avg build year

1976

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Property score

62.5 is composed by the two sections below.

Property Score

47.1Low
Living Area968 sqft42Low
Year Built197867Good
Lot Size3,876 sqft46Low
Neighbourhood Sales Activity32Low

Community Score

85.5Excellent
Household Income90Excellent
Education Level72Good
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

River East

How to read: Share of sales in each ~$50k price band for “river east” (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: #46110737

Community deep dive

$113K

Median household income

$112K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.4

P90 / P10 ratio

18%

Single-person households

34%

Families with children

Population, labour & age

Population (2021)464
Labour force participation rate68%
Median age47.6
Avg household size2.4
Unemployment rate9%
Population density2017 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households18%
Couple families with children34%
Median household income (2020)$113K

Housing

Renter households5%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority17%
Bachelor's or higher (25–64)36%
Mother tongue (1st)English · 77%
Mother tongue (2nd)French · 1%

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

Rankings

Living Area

below average
968 sqft
0255075100
Same streetBottom 20%Same areaBottom 13%CitywideBottom 23%
Same street · Malcana Street
#41 / 51
Bottom 20% · Avg 1,334 sqft
Same area · River East
#2,468 / 2,836
Bottom 13% · Avg 1,399 sqft
Citywide · Winnipeg
#149,685 / 194,458
Bottom 23% · Avg 1,342 sqft

Tax-Assessed Value

below average
297k
0255075100
Same streetBottom 25%Same areaBottom 10%CitywideBottom 28%
Same street · Malcana Street
#38 / 51
Bottom 25% · Avg 391.9k
Same area · River East
#2,560 / 2,836
Bottom 10% · Avg 401.1k
Citywide · Winnipeg
#139,258 / 194,458
Bottom 28% · Avg 390.1k

Year Built

around average
1978
0255075100
Same streetBottom 24%Same areaTop 34%CitywideTop 35%

Lot Size

below average
3,876 sqft
0255075100
Same streetBottom 6%Same areaBottom 8%CitywideBottom 24%

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

10 Malcana Street — 7 amenities found within 500 m, across 1 categories, including 7 parks (nearest 129 m).

Search radius
🌳Parks7

Crime & Safety

River East · WPS public data · 2026

Annual incidents

17

2026

vs. city avg

-42%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

71%

Sales History

Sold 7/2023CA$300k–350k
Sold price

Same street

Bottom 21%

Same area

Bottom 31%

City-wide

Bottom 45%

Related homes

Highlights & common questions: 10 Malcana Street, Winnipeg

Property Overview: 10 Malcana Street, Winnipeg

Key Characteristics & Buyer Profile

This 1978-built home in River East presents a practical, entry-level opportunity. Its key characteristic is its compact scale: at 968 sqft on a 3,876 sqft lot, both the living space and land area are notably smaller than most comparable homes on its street and in the wider area. The assessed value of $297k aligns with this, sitting below local averages. The appeal lies in its relative affordability within a stable neighborhood, offering a foothold for those priced out of larger properties. It last sold in July 2023 for an estimated $300k-$350k.

This property would best suit first-time buyers or investors seeking a lower-cost entry point into the Winnipeg market, who prioritize location and budget over size. A thoughtful perspective is that a smaller lot and home can mean lower maintenance costs and property taxes, appealing to those seeking simplicity. However, the data suggests limited potential for expansion or subdivision due to the below-average lot size.

Frequently Asked Questions

1. Is this a good value for the money?
The home is priced below area averages for both value and size, indicating a lower entry cost. Value depends on your priorities: it offers affordability but less space than typical area homes.

2. Why is the lot size significantly smaller than neighbors'?
The data shows this lot is among the smallest on the street. This is likely due to the original subdivision plan and is a fixed characteristic of this specific property.

3. Can I see the exact past sale price?
Exact sale prices are not published publicly. The site provides a sold price range based on available data. You can request exact historical figures via email for verified details.

4. What does the "Below Average" ranking mean for future resale?
The rankings are a snapshot comparison of specific metrics. A smaller, more affordable home can remain in demand from a similar buyer pool in the future, though it may appreciate differently than larger properties.

5. How does the 1978 build year compare?
The build year is around the neighborhood and city average for comparable homes, suggesting it fits the general age profile of the area without being notably older or newer.

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