321 Mclean Street

Varsity View, Winnipeg

Property score

77.8

Good

Overall 77.8 · Larger than most nearby homes

2,299 sqft (top 5%) · Built in 1976 (1 yr newer 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

Above average

66% larger than neighborhood avg.

Year Built

Near average

1 yrs newer 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

77.8 is composed by the two sections below.

Property Score

87.0Excellent
Living Area96
2,299 sqftExcellent
Year Built67
1976Good
Lot Size93
8,069 sqftExcellent
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

Elite
2,299 sqft
0255075100
Same streetTop 4%Same areaTop 5%CitywideTop 5%
Same street · Mclean Street
#2 / 49
Top 4% · Avg 1,128 sqft
Same area · Varsity View
#44 / 848
Top 5% · Avg 1,387 sqft
Citywide · Winnipeg
#9,669 / 194,458
Top 5% · Avg 1,342 sqft

Tax-Assessed Value

above average
474k
0255075100
Same streetTop 16%Same areaTop 35%CitywideTop 24%
Same street · Mclean Street
#8 / 49
Top 16% · Avg 367.7k
Same area · Varsity View
#295 / 848
Top 35% · Avg 444.7k
Citywide · Winnipeg
#47,018 / 194,458
Top 24% · Avg 390.1k

Year Built

around average
1976
0255075100
Same streetTop 35%Same areaTop 43%CitywideTop 39%

Lot Size

above average
8,069 sqft
0255075100
Same streetTop 20%Same areaTop 35%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

321 Mclean Street — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 172 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

321 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: 321 Mclean Street, Winnipeg

Property Overview & Key Characteristics

This two-storey home on a large, 8,069 sqft lot in Varsity View offers a compelling blend of space, location, and value. Its primary appeal lies in its generous proportions, with a living area of 2,299 sqft that ranks in the top 5% of homes in the neighbourhood, providing ample room for a growing or multi-generational family. The property's overall assessed value ranks highly within its immediate area, suggesting a well-regarded and established presence. Built in 1976, the home is a classic, solid offering that appeals to buyers seeking a substantial footprint and a mature lot over a brand-new build. The combination of a detached garage and a prime location near the University of Manitoba adds practical and long-term convenience.

This home is ideally suited for buyers who prioritize space and land size in a sought-after academic community. It would fit a family needing multiple bedrooms and living areas, or perhaps a professional looking for a home office with separation. It’s a property for those comfortable with the character and potential updating projects of a 50-year-old home, in exchange for a premier lot size and established neighbourhood feel.


Frequently Asked Questions

1. What does the high ranking for living area actually mean?
It means this home's indoor square footage is larger than 95% of other homes in Varsity View and 96% across Winnipeg, confirming it as a genuinely spacious property in a direct, quantifiable way.

2. Is the 1976 build year a concern?
While not new, the home's age is typical for the area. The rankings show it's newer than over half the homes in Winnipeg. The focus for a buyer should be on the condition of major systems (roof, windows, HVAC) and the scope of any modernizations desired, balanced against the value of its large lot and floor plan.

3. How significant is the lot size?
At over 8,000 sqft, the lot is a major feature. It offers rare potential for outdoor living, gardening, expansion, or simply more privacy than newer subdivisions provide—a key differentiator that adds long-term value.

4. What are the advantages of the Varsity View location?
Beyond the obvious proximity to the University of Manitoba, the neighbourhood is established with mature greenery, and often has lower traffic than purely residential areas. It tends to attract a mix of academics, families, and professionals, creating a stable community atmosphere.

5. The assessment value is high relative to the community. Is that good?
A high assessment ranking generally indicates the municipal authority views the property as one of the more valuable in the area, often due to its size, condition, and improvements. It's a benchmark for property taxes, but also a neutral validation of its standing in the local market.