169 Malcana Street

River East, Winnipeg

Property score

87.2

Excellent

Overall 87.2 · Larger and newer than most nearby homes

2,415 sqft (top 4%) · Built in 1983 (7 yrs newer than avg)

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

Transit 62.0 · 2-min walk to transit with 1 nearby route · Within 500m: 6 parks nearby

Living Area

Above average

73% larger than neighborhood avg.

Year Built

Above average

7 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

87.2 is composed by the two sections below.

Property Score

88.4Excellent
Living Area2,415 sqft96Excellent
Year Built198373Good
Lot Size10,809 sqft97Excellent
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

Elite
2,415 sqft
0255075100
Same streetTop 4%Same areaTop 4%CitywideTop 4%
Same street · Malcana Street
#2 / 51
Top 4% · Avg 1,334 sqft
Same area · River East
#116 / 2,836
Top 4% · Avg 1,399 sqft
Citywide · Winnipeg
#7,003 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

Elite
573k
0255075100
Same streetTop 4%Same areaTop 4%CitywideTop 10%
Same street · Malcana Street
#2 / 51
Top 4% · Avg 391.9k
Same area · River East
#110 / 2,836
Top 4% · Avg 401.1k
Citywide · Winnipeg
#19,719 / 194,458
Top 10% · Avg 390.1k

Year Built

above average
1983
0255075100
Same streetTop 6%Same areaTop 13%CitywideTop 31%

Lot Size

Elite
10,809 sqft
0255075100
Same streetTop 8%Same areaTop 8%CitywideTop 5%

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

169 Malcana Street — 6 amenities found within 500 m, across 1 categories, including 6 parks (nearest 143 m).

Search radius
🌳Parks6

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 9/2021CA$650k–700k
Sold price

Same street

Top 7%

Same area

Top 1%

City-wide

Top 4%

Related homes

Highlights & common questions: 169 Malcana Street, Winnipeg

Property Overview: 169 Malcana Street, Winnipeg

Key Characteristics & Appeal

This 1983-built home in River East stands out for its substantial scale and generous lot. With 2,415 sqft of living space, it ranks in the top 4% for size on its street, in the neighborhood, and citywide, offering significantly more room than typical area homes. The property sits on a 10,809 sqft lot, which is over 70% larger than the street average and places in the top 5% citywide, providing exceptional outdoor space and privacy.

Its appeal lies in offering a rare combination of above-average interior space and expansive land in a mature neighborhood. The assessed value of $573k reflects its premium position locally, ranking in the top 4% for the street and River East. A notable, less obvious perspective is that while the home is newer than most on its block, its 1983 construction means it may still benefit from updates, offering a balance between modern infrastructure and established neighborhood character. This property is ideally suited for buyers looking for a long-term family home with room to grow, entertain, or enjoy gardening, and who value space over a brand-new build. It would also appeal to those seeking a property with strong statistical standing in its immediate area, suggesting a well-above-average investment in that specific locale.

Frequently Asked Questions

1. How does the sold price compare to the assessed value?
The home sold between $650k-$700k in September 2021, which was significantly above its current assessed value of $573k. This indicates strong market demand for properties with these characteristics at that time.

2. Is the lot size usable, or is it an odd shape?
While the listing doesn't specify the lot dimensions, a size of 10,809 sqft is substantial. For context, it's larger than 95% of comparable lots in Winnipeg. It's advisable to view the lot map or survey to confirm its shape and potential.

3. The home is larger than most in Winnipeg. Does that mean higher utility costs?
Potentially, yes. A home of 2,415 sqft will generally have higher heating and cooling costs than the Winnipeg average (~1,342 sqft). The 1983 build date suggests it may have better insulation than older homes, but efficiency will depend on specific updates to windows, HVAC, and insulation.

4. Are properties on this street very similar?
No, there's notable variety. While the average living area on Malcana Street is 1,334 sqft, this home is over 1,000 sqft larger, indicating a mix of home sizes. Its lot size is also far above the street average, so it is a standout property in its immediate vicinity.

5. Where can I get verified sale history and exact past prices?
The site notes that due to industry rules, exact MLS sold records are not displayed. They offer to manually provide the full transaction history and exact figures via email upon request, which they state is typically completed by the end of the same day.

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