214 Lynbrook Drive

Varsity View, Winnipeg

Property score

55.7

Fair

Overall 55.7 · Smaller and older than most nearby homes

858 sqft (bottom 9%) · Built in 1915 (60 yrs older than avg)

Located in a high-income area with median household income of ~91k

Transit 62.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 healthcare facility, 1 shop, and 3 parks nearby

Living Area

Below average

38% smaller than neighborhood avg.

Year Built

Below average

60 yrs older than neighborhood avg.

Mother tongue

English · 80%French · 3%

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

Sold Count

281

Median price

492k

$/sqft

$398/sqft

Avg build year

1975

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

55.7 is composed by the two sections below.

Property Score

38.4Low
Living Area32
858 sqftLow
Year Built16
1915Low
Lot Size93
8,883 sqftExcellent
Neighbourhood Sales Activity42
Low

Community Score

81.7Excellent
Household Income81
Excellent
Education Level72
Good
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

Neighbourhood Sales

Varsity View

How to read: Share of sales in each ~$50k price band for “varsity view” (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: #46110348

Community deep dive

$91K

Median household income

$105K

Average household income

6%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.2

P90 / P10 ratio

26%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)392
Labour force participation rate62%
Median age48.4
Avg household size2.3
Unemployment rate4%
Population density1866 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households26%
Couple families with children26%
Median household income (2020)$91K

Housing

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

Diversity, education & language

Immigrants (share of pop.)13%
Visible minority8%
Bachelor's or higher (25–64)37%
Mother tongue (1st)English · 79%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

below average
858 sqft
0255075100
Same streetBottom 8%Same areaBottom 9%CitywideBottom 13%
Same street · Lynbrook Drive
#78 / 85
Bottom 8% · Avg 1,266 sqft
Same area · Varsity View
#773 / 848
Bottom 9% · Avg 1,387 sqft
Citywide · Winnipeg
#169,072 / 194,458
Bottom 13% · Avg 1,342 sqft

Tax-Assessed Value

below average
247k
0255075100
Same streetBottom 1%Same areaBottom 3%CitywideBottom 16%
Same street · Lynbrook Drive
#85 / 85
Bottom 1% · Avg 406.4k
Same area · Varsity View
#819 / 848
Bottom 3% · Avg 444.7k
Citywide · Winnipeg
#162,409 / 194,458
Bottom 16% · Avg 390.1k

Year Built

below average
1915
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 11%

Lot Size

above average
8,883 sqft
0255075100
Same streetTop 15%Same areaTop 23%CitywideTop 9%

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

214 Lynbrook Drive — 5 amenities found within 500 m, across 3 categories, including 1 healthcare (nearest 326 m), 1 shopping (nearest 264 m), 3 parks (nearest 335 m).

Search radius
🏥Healthcare1
🛒Shopping1
🌳Parks3

Crime & Safety

Varsity View · WPS public data · 2026

Annual incidents

6

2026

vs. city avg

-80%

relative to avg

Year-over-year

-93%

vs. prior year

Primary type

Property

83%

Sales History

214 Lynbrook Drive: 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: 214 Lynbrook Drive, Winnipeg

Property Summary: 214 Lynbrook Drive

Key Characteristics & Appeal

This is a classic, one-storey home in the established Varsity View neighborhood, built in 1915. Its primary appeal lies in its substantial, nearly 9,000 sqft lot, which is significantly larger than most in Winnipeg, placing it in the top 9% of the city for land size. The property features an unfinished basement and a detached garage. With 858 sqft of living space, it is a compact home, positioning it as a potential "blank canvas" on a prized piece of land.

The home would best suit a specific type of buyer: those who value land over the current structure. It's ideal for a renovator, builder, or investor who sees the potential in the expansive lot—whether for a major expansion, a complete rebuild, or long-term land value. It also appeals to buyers seeking a lower entry point into a desirable neighborhood, willing to invest sweat equity or capital into modernization. A less obvious perspective is its appeal to someone wanting immense outdoor space for gardens, recreation, or privacy—a rarity in the city—while accepting the character and needs of a century-old home.


Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Varsity View, and across all of Winnipeg. For example, its land size ranks in the top 9% city-wide (highly competitive), while its building age and assessed value rank in the bottom tiers, indicating the home itself is older and valued lower than most.

2. Is the house in livable condition?
The listing notes an unfinished basement and does not mention recent renovations. Given its age (111 years), buyers should budget for and anticipate updates to major systems, insulation, and finishes to meet modern standards.

3. What are the possibilities for the large lot?
The 8,883 sqft lot offers rare potential. Subject to city zoning bylaws, options could include a significant addition, building a new primary residence, or possibly subdividing the lot (which requires specific approvals and is not guaranteed).

4. Why is the assessed value relatively low compared to the price?
The assessed value reflects the city's valuation for tax purposes, which may not fully capture market premiums for lot size, location, or future potential. The sale price is determined by current market demand for these unique factors.

5. What is the character of the Varsity View neighborhood?
Varsity View is a central, mature neighborhood known for its tree-lined streets, proximity to the University of Manitoba, and mix of historic and newer homes. This property's location offers the community's stability and convenience, with the lot size being an uncommon find.