243 Mclean Street

Varsity View, Winnipeg

Property score

63.2

Fair

Overall 63.2 · Smaller than most nearby homes

926 sqft (bottom 14%) · Built in 1984 (9 yrs newer than avg)

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

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

Living Area

Below average

33% smaller than neighborhood avg.

Year Built

Near average

9 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

63.2 is composed by the two sections below.

Property Score

50.9Fair
Living Area42
926 sqftLow
Year Built73
1984Good
Lot Size60
4,522 sqftFair
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

around average
926 sqft
0255075100
Same streetBottom 37%Same areaBottom 14%CitywideBottom 19%
Same street · Mclean Street
#31 / 49
Bottom 37% · Avg 1,128 sqft
Same area · Varsity View
#728 / 848
Bottom 14% · Avg 1,387 sqft
Citywide · Winnipeg
#157,928 / 194,458
Bottom 19% · Avg 1,342 sqft

Tax-Assessed Value

around average
371k
0255075100
Same streetTop 39%Same areaBottom 36%CitywideTop 47%
Same street · Mclean Street
#19 / 49
Top 39% · Avg 367.7k
Same area · Varsity View
#546 / 848
Bottom 36% · Avg 444.7k
Citywide · Winnipeg
#90,675 / 194,458
Top 47% · Avg 390.1k

Year Built

above average
1984
0255075100
Same streetTop 24%Same areaTop 35%CitywideTop 30%

Lot Size

around average
4,522 sqft
0255075100
Same streetBottom 4%Same areaBottom 4%CitywideBottom 35%

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

243 Mclean Street — 5 amenities found within 500 m, across 4 categories, including 1 education (nearest 456 m), 1 healthcare (nearest 290 m), 1 shopping (nearest 262 m).

Search radius
🏫Education1
🏥Healthcare1
🛒Shopping1
🌳Parks2

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

Sold 7/2016CA$250k–300k
Sold price

Same street

Bottom 46%

Same area

Bottom 23%

City-wide

Bottom 38%

Related homes

Highlights & common questions: 243 Mclean Street, Winnipeg

Property Overview

This 1984-built, one-storey home in Varsity View offers a practical and low-maintenance living option. Its key appeal lies in being a turnkey property with a fully finished basement and an attached garage, sitting on a larger-than-average lot for the area. With 926 sqft of living space, it suits first-time buyers, downsizers, or investors looking for a manageable property in a central, established neighbourhood. Its value is grounded in functionality rather than luxury, providing essential space without the upkeep of a larger home.

A thoughtful perspective is its relative land value. The lot size of 4,522 sqft ranks highly within its immediate area, suggesting future potential may lie more in the land than the current structure. While the home's size and age rank in the middle to lower tiers for the wider city, its location in a desirable, mature neighbourhood like Varsity View provides a stability and convenience that newer suburbs may lack.

Frequently Asked Questions

1. What is the neighbourhood like?
Varsity View is a mature, central neighbourhood known for its tree-lined streets and proximity to the University of Manitoba, offering a blend of quiet residential living with easy access to amenities and major routes.

2. Is the basement a legal suite?
The listing states the basement is finished but does not specify it as a legal secondary suite. A buyer should verify its compliance with local regulations if considering rental income.

3. How does the 2016 sale price compare to the current assessment?
The home sold for $299,000 in 2016 and is now assessed at $371,000. This reflects market appreciation over eight years, and the assessment provides a baseline, though the final sale price is determined by the current market.

4. What are the main considerations for maintenance?
Built in 1984, major components like the roof, windows, and mechanical systems (furnace, water heater) are likely at or beyond their typical lifespans and should be carefully inspected.

5. Who would this property not suit?
It may not suit buyers seeking a modern, open-concept layout or significant above-ground square footage, as it is a compact, older one-storey design. Those needing multiple large bedrooms or dedicated home office spaces might find it limiting.