315 Lynbrook Drive

Varsity View, Winnipeg

Property score

55.9

Fair

Overall 55.9 · Smaller and older than most nearby homes

1,040 sqft (bottom 26%) · Built in 1953 (22 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, and 1 place of worship nearby

Living Area

Below average

25% smaller than neighborhood avg.

Year Built

Below average

22 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

55.9 is composed by the two sections below.

Property Score

50.5Fair
Living Area52
1,040 sqftFair
Year Built36
1953Low
Lot Size67
5,378 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
1,040 sqft
0255075100
Same streetBottom 33%Same areaBottom 26%CitywideBottom 32%
Same street · Lynbrook Drive
#57 / 85
Bottom 33% · Avg 1,266 sqft
Same area · Varsity View
#627 / 848
Bottom 26% · Avg 1,387 sqft
Citywide · Winnipeg
#132,478 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
306k
0255075100
Same streetBottom 12%Same areaBottom 13%CitywideBottom 31%
Same street · Lynbrook Drive
#75 / 85
Bottom 12% · Avg 406.4k
Same area · Varsity View
#737 / 848
Bottom 13% · Avg 444.7k
Citywide · Winnipeg
#134,217 / 194,458
Bottom 31% · Avg 390.1k

Year Built

around average
1953
0255075100
Same streetBottom 25%Same areaBottom 17%CitywideBottom 31%

Lot Size

around average
5,378 sqft
0255075100
Same streetBottom 6%Same areaBottom 7%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

315 Lynbrook Drive — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 188 m).

Search radius
🌳Parks2
Worship1

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

315 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: 315 Lynbrook Drive, Winnipeg

Property Overview: 315 Lynbrook Drive

Section 1: Key Characteristics & Appeal

This 1953-built, one-and-a-half storey home in Varsity View offers a classic, grounded living experience on a generous 5,378 sqft lot. Its key appeal lies in its established neighborhood setting and functional layout, featuring 1,040 sqft of living space and a finished basement. The home presents a solid foundation rather than luxury finishes, suiting buyers who value space, potential, and location over turn-key modernity.

Its primary draw is the lot size, which is larger than most in the immediate area, offering valuable outdoor space and future potential in a central, mature community. The home would particularly suit first-time buyers, hands-on owners comfortable with gradual updates, or investors looking for a character property with solid fundamentals. It’s a practical choice for those who see value in the enduring appeal of a well-located, single-family home with room to grow, both inside and out.

Section 2: Frequently Asked Questions

1. What does the "one-and-a-half storey" design mean?
Typically, this style features a main floor with principal rooms and a second floor with sloped ceilings, often housing bedrooms. It’s a charming, classic Winnipeg design that maximizes space within a smaller footprint.

2. How should I interpret the provided ranking statistics?
The rankings compare this property against others on its street, in Varsity View, and across all Winnipeg for metrics like lot size and age. For example, ranking "in the top 46%" for lot size city-wide means 54% of Winnipeg lots are smaller, highlighting this property's above-average outdoor space as a key strength.

3. There's no garage. Is adding one feasible?
The large lot certainly provides the physical space to consider adding a garage or a parking pad in the future. Any addition would be subject to local zoning bylaws and permit approvals.

4. The home is older. What should I budget for maintenance?
As a home from the 1950s, proactive maintenance is key. A thorough inspection is essential to understand the condition of major aging components like the roof, plumbing, electrical, and foundation, and to budget for potential updates.

5. What is the immediate neighborhood (Varsity View) like?
Varsity View is a mature, central neighborhood known for its tree-lined streets and proximity to the University of Manitoba. It offers a quiet, established residential feel with convenient access to amenities and major routes.