263 Mclean Street

Varsity View, Winnipeg

Property score

52.0

Fair

Overall 52.0 · Smaller and older than most nearby homes

687 sqft (bottom 2%) · Built in 1952 (23 yrs older than avg)

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

Transit 62.0 · 4-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

50% smaller than neighborhood avg.

Year Built

Below average

23 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

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Property score

52.0 is composed by the two sections below.

Property Score

32.2Low
Living Area15
687 sqftLow
Year Built36
1952Low
Lot Size93
8,073 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
687 sqft
0255075100
Same streetBottom 6%Same areaBottom 2%CitywideBottom 3%
Same street · Mclean Street
#46 / 49
Bottom 6% · Avg 1,128 sqft
Same area · Varsity View
#831 / 848
Bottom 2% · Avg 1,387 sqft
Citywide · Winnipeg
#188,420 / 194,458
Bottom 3% · Avg 1,342 sqft

Tax-Assessed Value

around average
357k
0255075100
Same streetTop 45%Same areaBottom 31%CitywideBottom 49%
Same street · Mclean Street
#22 / 49
Top 45% · Avg 367.7k
Same area · Varsity View
#588 / 848
Bottom 31% · Avg 444.7k
Citywide · Winnipeg
#99,832 / 194,458
Bottom 49% · Avg 390.1k

Year Built

around average
1952
0255075100
Same streetBottom 31%Same areaBottom 16%CitywideBottom 30%

Lot Size

above average
8,073 sqft
0255075100
Same streetTop 14%Same areaTop 33%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

263 Mclean Street — 5 amenities found within 500 m, across 4 categories, including 1 education (nearest 495 m), 1 healthcare (nearest 349 m), 1 shopping (nearest 329 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

263 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: 263 Mclean Street, Winnipeg

Property Overview

This 1952 one-storey home in Varsity View sits on a large, 8,073 sqft lot, offering significant outdoor space in a central neighbourhood. Its key appeal lies in this substantial land size, which ranks in the top 11% citywide, presenting a prime opportunity for future expansion, gardening, or simply enjoying a generous yard. The home itself is modest at 687 sqft with a finished basement, suiting buyers looking for a manageable footprint or a starter home with exceptional lot value. It would particularly suit a practical buyer, an investor, or a renovator who values location and land potential over immediate move-in condition, as the home's age and smaller living area are offset by the rare lot size and its high ranking within the community.

Frequently Asked Questions

1. What does the lot size ranking actually mean?
The property's lot size surpasses 89% of all homes in Winnipeg, placing it in the top 11%. This isn't just about a big backyard; it indicates rare potential for additions, subdivision (subject to zoning), or simply owning a disproportionately large piece of land for the area.

2. Is the finished basement included in the 687 sqft living area?
No, the 687 sqft refers to the above-ground living space. The finished basement provides additional usable area, making the total functional space larger than the official square footage suggests.

3. The home ranks low for size and age in the community. Is this a concern?
It reflects the home's character as a classic, smaller post-war bungalow on a large lot. For buyers seeking modern, spacious interiors, it may require renovation. For those prioritizing land value and location, the rankings highlight the trade-off: you're acquiring a premium lot with a humble, older structure.

4. How does the assessment value relate to the asking price?
The municipal assessment of $357,000 is a benchmark for property taxes and provides a relative value (here, ranking near the middle for the area). The listing price will be set by the market, but the assessment confirms the property holds solid baseline value within its context.

5. What is the significance of a "split" garage?
A split garage, often a double garage divided into two single bays, is common for homes of this era. It provides covered parking for two vehicles but with separate doors, a functional design that may limit the storage of wider items like a boat or large workshop project.