264 Lynbrook Drive

Varsity View, Winnipeg

Property score

60.6

Fair

Overall 60.6 · Smaller and older than most nearby homes

954 sqft (bottom 18%) · Built in 1962 (13 yrs older than avg)

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

Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 healthcare facility, 1 shop, and 2 parks nearby

Living Area

Below average

31% smaller than neighborhood avg.

Year Built

Below average

13 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

60.6 is composed by the two sections below.

Property Score

46.5Low
Living Area42
954 sqftLow
Year Built46
1962Low
Lot Size67
5,381 sqftGood
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
954 sqft
0255075100
Same streetBottom 18%Same areaBottom 18%CitywideBottom 22%
Same street · Lynbrook Drive
#70 / 85
Bottom 18% · Avg 1,266 sqft
Same area · Varsity View
#697 / 848
Bottom 18% · Avg 1,387 sqft
Citywide · Winnipeg
#152,512 / 194,458
Bottom 22% · Avg 1,342 sqft

Tax-Assessed Value

around average
340k
0255075100
Same streetBottom 29%Same areaBottom 23%CitywideBottom 43%
Same street · Lynbrook Drive
#60 / 85
Bottom 29% · Avg 406.4k
Same area · Varsity View
#649 / 848
Bottom 23% · Avg 444.7k
Citywide · Winnipeg
#111,544 / 194,458
Bottom 43% · Avg 390.1k

Year Built

around average
1962
0255075100
Same streetBottom 38%Same areaBottom 28%CitywideBottom 44%

Lot Size

around average
5,381 sqft
0255075100
Same streetBottom 20%Same areaBottom 12%CitywideTop 46%

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

264 Lynbrook Drive — 4 amenities found within 500 m, across 3 categories, including 1 healthcare (nearest 431 m), 1 shopping (nearest 391 m), 2 parks (nearest 217 m).

Search radius
🏥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

264 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: 264 Lynbrook Drive, Winnipeg

Property Overview: 264 Lynbrook Drive

This 1962 bi-level home in Varsity View offers a practical and affordable entry into a well-established Winnipeg neighbourhood. Its key appeal lies in its balance of space, location, and value. The home features 954 sqft of living space, a fully finished basement, and sits on a generous 5,381 sqft lot. While its rankings indicate it is a more modest home within its immediate street and community, it outperforms nearly half of all Winnipeg properties in assessed value, suggesting solid city-wide value. The absence of a garage is offset by the large lot, which presents potential for expansion or outdoor enjoyment.

Who It's For: This property is ideally suited for first-time buyers, downsizers, or pragmatic investors seeking a lower-maintenance footprint in a central, family-friendly area. Its appeal is for those who prioritize location and land size over turn-key modern finishes, and who see potential in a home that offers good fundamentals rather than luxury. A thoughtful perspective is that its average city-wide rankings, combined with a very low community ranking for building age, highlight it as a classic, un-renovated post-war home—a blank canvas for someone looking to add value over time without the premium of a fully updated property.


Frequently Asked Questions

1. What does the ranking system mean?
The rankings compare this property against others on its street, in Varsity View, and across all of Winnipeg for specific metrics like size and age. For example, being newer than only 25% of homes in the community confirms it's one of the older homes in the area, which is typical for the neighbourhood's vintage.

2. Is the lot size a significant feature?
Yes. At over 5,300 sqft, the lot is substantially larger than many found in newer subdivisions. This provides ample private outdoor space, room for gardening, and future potential for additions like a garage or deck, which is a key asset not reflected in the living area square footage.

3. The home ranks low for size on its street. Does it feel small?
At 954 sqft with a finished bi-level layout, the home provides functional separation of living spaces across two levels. It is compact but efficient, and the finished basement effectively expands the usable space, making it suitable for small families or couples.

4. How does the 1962 build year affect the home?
Homes from this era are common in Varsity View and are generally solidly built. Buyers should budget for updates to major aging components (like roof, windows, plumbing) and anticipate a layout that may differ from modern open-concept designs. This is reflected in its accessible price point.

5. What is the neighbourhood like?
Varsity View is a central, mature neighbourhood near the University of Manitoba. It offers a quiet, tree-lined setting with strong community roots, excellent schools, and convenient access to amenities and major routes, making it a perennial favourite for a variety of buyers.