225 Mclean Street

Varsity View, Winnipeg

Property score

77.2

Good

Overall 77.2 · Newer than most nearby homes

1,330 sqft (top 45%) · Built in 1987 (12 yrs newer than avg)

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

Transit 70.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 school, 1 healthcare facility, 1 shop, and 3 parks nearby

Living Area

Near average

4% smaller than neighborhood avg.

Year Built

Above average

12 yrs newer 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

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Property score

77.2 is composed by the two sections below.

Property Score

74.2Good
Living Area71
1,330 sqftGood
Year Built78
1987Good
Lot Size93
8,075 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

above average
1,330 sqft
0255075100
Same streetTop 20%Same areaTop 45%CitywideTop 40%
Same street · Mclean Street
#10 / 49
Top 20% · Avg 1,128 sqft
Same area · Varsity View
#378 / 848
Top 45% · Avg 1,387 sqft
Citywide · Winnipeg
#77,140 / 194,458
Top 40% · Avg 1,342 sqft

Tax-Assessed Value

above average
503k
0255075100
Same streetTop 14%Same areaTop 31%CitywideTop 19%
Same street · Mclean Street
#7 / 49
Top 14% · Avg 367.7k
Same area · Varsity View
#259 / 848
Top 31% · Avg 444.7k
Citywide · Winnipeg
#37,490 / 194,458
Top 19% · Avg 390.1k

Year Built

above average
1987
0255075100
Same streetTop 18%Same areaTop 27%CitywideTop 25%

Lot Size

above average
8,075 sqft
0255075100
Same streetTop 8%Same areaTop 32%CitywideTop 11%

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

225 Mclean Street — 6 amenities found within 500 m, across 4 categories, including 1 education (nearest 424 m), 1 healthcare (nearest 237 m), 1 shopping (nearest 199 m).

Search radius
🏫Education1
🏥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

225 Mclean Street: 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: 225 Mclean Street, Winnipeg

Property Overview & Key Characteristics

This 1987-built, one-storey home in Varsity View offers a practical and spacious family layout on a large, 8,075 sqft lot. Its key appeal lies in the combination of a generous, private yard and a fully finished basement, providing ample room for living and recreation. With 1,330 sqft of living space, an attached garage, and strong value rankings across the board—especially for its lot size and assessed value within Winnipeg—it represents a solid, turnkey property.

The home is particularly well-suited for first-time buyers or growing families looking for a move-in-ready house with room to grow outdoors, without the maintenance of an older character home. Its consistent high rankings relative to most of the city suggest a strong foundational investment. A less obvious advantage is the established neighbourhood setting, offering mature landscaping and settled community feel that newer subdivisions often lack.


Frequently Asked Questions

1. How does the age of the home (built in 1987) affect its condition?
Homes from this era typically feature modern wiring and plumbing standards, avoiding the concerns of much older properties. Buyers should still expect standard maintenance and potential updates to decor, roofs, or major systems that are nearing the end of a typical lifespan.

2. What are the benefits of such a large lot?
Beyond the obvious space for play and gardening, a lot of this size (ranking in the top 11% in Winnipeg) offers significant future flexibility. It provides privacy, room for additions like a deck or shed, and is a long-term value driver as smaller lots become more common in new developments.

3. What does the "fully finished basement" include?
The listing confirms the basement is finished, meaning it has legal living space. Specifics on room layout, ceiling height, and moisture control should be verified by a buyer's inspection, but it immediately adds functional space for a family room, home office, or guest area.

4. The home ranks highly for value. What does that mean?
The assessment value ($503,000) ranks above 83% of Winnipeg homes, indicating municipal assessment aligns with the home's substantial lot and improvements. This suggests a market price grounded in tangible assets, though the final sale price is always determined by the market.

5. Who would this home NOT be ideal for?
It may not suit those seeking ultra-modern, open-concept layouts common in new builds, as the floor plan may reflect its era. The single-storey design and yard size also mean more interior and exterior maintenance compared to a low-maintenance condo or townhouse.