326 Mclean Street

Varsity View, Winnipeg

Property score

60.3

Fair

Overall 60.3 · Smaller than most nearby homes

1,032 sqft (bottom 24%) · Built in 1982 (7 yrs 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 nearby

Living Area

Below average

26% smaller than neighborhood avg.

Year Built

Near average

7 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

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Property score

60.3 is composed by the two sections below.

Property Score

57.9Fair
Living Area52
1,032 sqftFair
Year Built73
1982Good
Lot Size67
5,380 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
1,032 sqft
0255075100
Same streetTop 47%Same areaBottom 24%CitywideBottom 29%
Same street · Mclean Street
#23 / 49
Top 47% · Avg 1,128 sqft
Same area · Varsity View
#643 / 848
Bottom 24% · Avg 1,387 sqft
Citywide · Winnipeg
#137,394 / 194,458
Bottom 29% · Avg 1,342 sqft

Tax-Assessed Value

around average
372k
0255075100
Same streetTop 35%Same areaBottom 36%CitywideTop 46%
Same street · Mclean Street
#17 / 49
Top 35% · Avg 367.7k
Same area · Varsity View
#542 / 848
Bottom 36% · Avg 444.7k
Citywide · Winnipeg
#90,068 / 194,458
Top 46% · Avg 390.1k

Year Built

above average
1982
0255075100
Same streetTop 29%Same areaTop 36%CitywideTop 32%

Lot Size

around average
5,380 sqft
0255075100
Same streetBottom 22%Same areaBottom 10%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

326 Mclean Street — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 139 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

Sold 7/2021CA$400k–450k
Sold price

Same street

Top 38%

Same area

Top 41%

City-wide

Top 33%

Related homes

Highlights & common questions: 326 Mclean Street, Winnipeg

Property Summary: 326 McLean Street, Varsity View, Winnipeg

Section 1: Key Characteristics & Appeal

This is a well-maintained 1982 three-level split home on a spacious 5,380 sqft lot in the established Varsity View neighbourhood. With 1,032 sqft of living space and a finished basement, it offers practical, multi-level living. The home’s key appeal lies in its balance of a generous, private yard—a rarity in central areas—and its solid position in a mature, family-friendly community close to the University of Manitoba.

The data reveals a home that performs consistently well against its local peers. It ranks highly for its lot size and relative newness within its immediate street and wider community, suggesting a property that holds intrinsic value in its location and land. Its 2021 sale price exceeded both its current assessment and the community average at the time, indicating a history of market competitiveness.

This property would suit first-time buyers or small families looking for a move-in-ready home with room to grow outdoors, without the premium of a brand-new build. It also appeals to the practical buyer who values the stability of an established neighbourhood over flashy updates, and who sees the long-term potential in a large lot.

Section 2: Frequently Asked Questions

1. What is the practical benefit of the high lot size ranking?
It means you own more land than most properties on your street and in Varsity View. This offers greater privacy, space for gardening or play, and future potential (like adding a garage or deck), which is a lasting value driver.

2. The home is older; should I be concerned?
The 1982 build year is actually newer than over two-thirds of the homes in the immediate area. While standard inspections are essential, this ranking suggests the home is relatively younger than its neighbourhood peers, which often means more modern wiring, plumbing, and insulation.

3. How should I interpret the 2021 sale price being higher than the current assessment?
This is common and reflects different valuation methods and market timing. The assessment is for municipal tax purposes. The 2021 sale demonstrates what a buyer was willing to pay in a recent market, providing a concrete benchmark of its market value.

4. Is the lack of a garage a significant drawback?
For some buyers, yes. However, the large lot provides ample space to add a garage or shed in the future, a valuable option many homes in older, denser neighbourhoods do not have. It’s a trade-off between immediate convenience and long-term potential.

5. What does the "3 Level Split" layout mean for daily living?
This design typically creates distinct living zones across slightly staggered levels, offering more privacy and noise separation than an open-concept bungalow. It’s efficient with space but involves more stairs. It’s ideal for those who like defined rooms over a single, open area.