299 Lynbrook Drive

Varsity View, Winnipeg

Property score

59.9

Fair

Overall 59.9 · Older than most nearby homes

1,168 sqft (bottom 39%) · Built in 1964 (11 yrs older than avg)

Located in a above-average income area with median household income of ~77k

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 2 parks nearby

Living Area

Below average

16% smaller than neighborhood avg.

Year Built

Below average

11 yrs older than neighborhood avg.

Mother tongue

English · 78%Tagalog · 4%

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

59.9 is composed by the two sections below.

Property Score

57.3Fair
Living Area60
1,168 sqftFair
Year Built46
1964Low
Lot Size67
5,379 sqftGood
Neighbourhood Sales Activity42
Low

Community Score

63.9Fair
Household Income75
Good
Education Level34
Low
Housing Stress52
Fair
Core Housing Need76
Good
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: #46110349

Community deep dive

$77K

Median household income

$79K

Average household income

6%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.4

P90 / P10 ratio

41%

Single-person households

19%

Families with children

Population, labour & age

Population (2021)426
Labour force participation rate69%
Median age38.8
Avg household size2.0
Unemployment rate9%
Population density2662 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households41%
Couple families with children19%
Median household income (2020)$77K

Housing

Renter households35%
Condominium dwellings17%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority14%
Bachelor's or higher (25–64)17%
Mother tongue (1st)English · 77%
Mother tongue (2nd)Tagalog · 3%

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

Rankings

Living Area

around average
1,168 sqft
0255075100
Same streetTop 47%Same areaBottom 39%CitywideBottom 47%
Same street · Lynbrook Drive
#40 / 85
Top 47% · Avg 1,266 sqft
Same area · Varsity View
#519 / 848
Bottom 39% · Avg 1,387 sqft
Citywide · Winnipeg
#103,482 / 194,458
Bottom 47% · Avg 1,342 sqft

Tax-Assessed Value

around average
327k
0255075100
Same streetBottom 21%Same areaBottom 19%CitywideBottom 38%
Same street · Lynbrook Drive
#67 / 85
Bottom 21% · Avg 406.4k
Same area · Varsity View
#685 / 848
Bottom 19% · Avg 444.7k
Citywide · Winnipeg
#120,689 / 194,458
Bottom 38% · Avg 390.1k

Year Built

around average
1964
0255075100
Same streetBottom 42%Same areaBottom 30%CitywideBottom 46%

Lot Size

around average
5,379 sqft
0255075100
Same streetBottom 11%Same areaBottom 8%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

299 Lynbrook Drive — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 156 m).

Search radius
🌳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

299 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: 299 Lynbrook Drive, Winnipeg

Property Overview: 299 Lynbrook Drive, Varsity View, Winnipeg

Key Characteristics & Appeal

This is a well-maintained, single-storey home built in 1964, situated on a generous 5,379 sqft lot in the established Varsity View neighbourhood. Its key features include a fully finished basement and a split garage. With 1,168 sqft of living space, it offers a practical layout for comfortable living.

The primary appeal lies in its location and lot size. Varsity View is a mature, tree-lined community known for its stability and proximity to the University of Manitoba, offering a quiet residential feel with convenient access. The large lot presents significant value, providing ample outdoor space—a relative rarity—and potential for gardening, expansion, or simply enjoying a private yard. The home’s rankings indicate it is a solid, middle-of-the-road property in terms of size, value, and condition for its area, suggesting it has been cared for without being extensively modernized.

This property would best suit first-time buyers, downsizers, or pragmatic investors looking for a "blank canvas" home in a prime location. It’s for those who value land and location over turn-key finishes, and who see potential in personalizing a space over time. A less obvious perspective is its suitability for a multi-generational household or a home-based professional, where the finished basement and separate garage could offer flexible space for an office, studio, or separate living area.

Frequently Asked Questions

1. What is the true value of the large lot?
Beyond extra yard space, a lot of this size in a central neighbourhood is a long-term asset. It provides privacy from neighbours, room for additions like a deck or shed, and contributes significantly to the property's future redevelopment or resale value.

2. How does the 1964 build year affect the home?
While the structure is sound, buyers should budget for updates to major aging components, such as the roof, windows, or plumbing. The upside is that homes from this era often have simpler, more robust construction and larger room sizes than many newer builds.

3. What does the "middle-of-the-pack" ranking mean for a buyer?
The rankings show this home isn't the largest or newest on the block, but it is far from the smallest or oldest. This indicates a fair market position—you’re paying for the location and lot, not for premium upgrades or excessive square footage. It’s a competitively priced entry into a desirable area.

4. Is the finished basement a legal suite?
The listing states the basement is finished but does not specify it as a legal secondary suite. Buyers interested in rental income must verify with the city if the current configuration meets all safety and zoning requirements for a legal suite.

5. Who is the typical neighbour in Varsity View?
The community is a mix of long-term residents, university staff and faculty, and growing families attracted by the quiet streets and mature landscape. It tends to be stable and community-oriented, with less turnover than some newer suburbs.