355 Laxdal Road

Varsity View, Winnipeg

Property score

73.8

Good

Overall 73.8 · Older than most nearby homes

1,216 sqft (bottom 46%) · Built in 1959 (16 yrs older than avg)

Located in a high-income area with median household income of ~105k

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 1 school, 2 parks, and 1 place of worship nearby

Living Area

Near average

12% smaller than neighborhood avg.

Year Built

Below average

16 yrs older than neighborhood avg.

Mother tongue

English · 79%Tagalog · 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

73.8 is composed by the two sections below.

Property Score

65.0Good
Living Area1,216 sqft66Good
Year Built195943Low
Lot Size13,588 sqft98Excellent
Neighbourhood Sales Activity42Low

Community Score

87.1Excellent
Household Income87Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health83Excellent

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: #46110350

Community deep dive

$105K

Median household income

$129K

Average household income

6%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.1

P90 / P10 ratio

26%

Single-person households

34%

Families with children

Population, labour & age

Population (2021)742
Labour force participation rate70%
Median age40.4
Avg household size2.5
Unemployment rate3%
Population density3091 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households26%
Couple families with children34%
Median household income (2020)$105K

Housing

Renter households26%
Condominium dwellings0%
Median dwelling value (owners)$424K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority18%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 78%
Mother tongue (2nd)Tagalog · 2%

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

Rankings

Living Area

around average
1,216 sqft
0255075100
Same streetTop 37%Same areaBottom 46%CitywideTop 49%
Same street · Laxdal Road
#68 / 183
Top 37% · Avg 1,206 sqft
Same area · Varsity View
#461 / 848
Bottom 46% · Avg 1,387 sqft
Citywide · Winnipeg
#94,598 / 194,458
Top 49% · Avg 1,342 sqft

Tax-Assessed Value

around average
370k
0255075100
Same streetBottom 43%Same areaBottom 35%CitywideTop 47%
Same street · Laxdal Road
#105 / 183
Bottom 43% · Avg 387.7k
Same area · Varsity View
#549 / 848
Bottom 35% · Avg 444.7k
Citywide · Winnipeg
#91,333 / 194,458
Top 47% · Avg 390.1k

Year Built

around average
1959
0255075100
Same streetBottom 19%Same areaBottom 25%CitywideBottom 40%

Lot Size

Elite
13,588 sqft
0255075100
Same streetTop 12%Same areaTop 7%CitywideTop 3%

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

355 Laxdal Road — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 363 m), 2 parks (nearest 240 m).

Search radius
🏫Education1
🌳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

355 Laxdal Road: 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: 355 Laxdal Road, Winnipeg

Property Overview & Appeal

This 1959-built, one-storey home in Varsity View is defined by its exceptionally large, 13,588 sqft lot, which places it in the top 3% of all properties in Winnipeg for land size. The house itself offers 1,216 sqft of living space with a finished basement and a split garage. Its key appeal lies in the rare combination of a central, established neighbourhood and the immense potential of a vast, private yard—a canvas for gardens, recreation, or future expansion. While the home is of its era, its value is anchored in the land.

It would suit a buyer looking for a long-term family home with ample outdoor space in a prime location, or a visionary purchaser who sees the underlying value in the property's expansive lot, whether for enjoyment, renovation, or future redevelopment potential. It's a property for those who prioritize land over a modern turn-key home.

Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings show how this property compares to others in its immediate street, neighbourhood, and all of Winnipeg. For example, being in the top 3% for lot size city-wide highlights its most distinctive feature, while the rankings for age and assessed value provide context for its condition and market position.

2. Is the lot subdividable?
This is a critical question given the lot's size. Any potential subdivision would be subject to the City of Winnipeg's zoning bylaws, lot frontage requirements, and development plans. A buyer must consult directly with the City's planning department to investigate this possibility.

3. What are the implications of a 1959 build date?
While the home has been maintained, buyers should budget for updates consistent with its age. A thorough inspection is essential to assess the condition of major systems like plumbing, electrical, and the roof, which may be nearing or past their typical lifespan.

4. How does the "split garage" configuration work?
A split garage typically refers to a two-car garage separated by a wall or support structure, often with two individual doors. This can offer more flexible storage or workspace than a single, open bay.

5. Why is the assessed value a key metric here?
The city's assessed value forms the basis for property tax calculations. Understanding this figure helps estimate annual carrying costs. It's also useful to compare this assessment to the list price to gauge the seller's pricing strategy relative to the city's valuation.

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