369 Laxdal Road

Varsity View, Winnipeg

Property score

72.3

Good

Overall 72.3 · Compared with neighbourhood average

1,172 sqft (bottom 39%) · Built in 1968 (7 yrs older than avg)

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

Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, 2 parks, and 1 place of worship nearby

Living Area

Below average

15% smaller than neighborhood avg.

Year Built

Below average

7 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

72.3 is composed by the two sections below.

Property Score

62.4Fair
Living Area1,172 sqft60Fair
Year Built196852Fair
Lot Size8,153 sqft93Excellent
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
1,172 sqft
0255075100
Same streetTop 42%Same areaBottom 39%CitywideBottom 47%
Same street · Laxdal Road
#77 / 183
Top 42% · Avg 1,206 sqft
Same area · Varsity View
#515 / 848
Bottom 39% · Avg 1,387 sqft
Citywide · Winnipeg
#102,801 / 194,458
Bottom 47% · Avg 1,342 sqft

Tax-Assessed Value

around average
347k
0255075100
Same streetBottom 25%Same areaBottom 27%CitywideBottom 45%
Same street · Laxdal Road
#138 / 183
Bottom 25% · Avg 387.7k
Same area · Varsity View
#621 / 848
Bottom 27% · Avg 444.7k
Citywide · Winnipeg
#106,636 / 194,458
Bottom 45% · Avg 390.1k

Year Built

around average
1968
0255075100
Same streetBottom 36%Same areaBottom 33%CitywideTop 50%

Lot Size

above average
8,153 sqft
0255075100
Same streetTop 32%Same areaTop 28%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

369 Laxdal Road — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 460 m), 1 education (nearest 323 m), 2 parks (nearest 282 m).

Search radius
🍽️Dining1
🏫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

Sold 10/2021CA$350k–400k
Sold price

Same street

Top 45%

Same area

Bottom 48%

City-wide

Top 41%

Related homes

Highlights & common questions: 369 Laxdal Road, Winnipeg

Property Overview & Appeal

This 1968-built, one-storey home in Varsity View sits on a generous 8,153 sqft lot, offering a rare combination of space and location. Its key appeal lies in its established, quiet neighbourhood and a large yard that provides significant outdoor potential. With 1,172 sqft of living space and a finished basement, it offers practical, single-level living. The home’s rankings indicate its lot size is a major asset, placing it in the top 11% city-wide, while its overall value proposition is solidly above average for the area.

It would suit first-time buyers or downsizers looking for a manageable home with room to garden or expand outdoors, without the maintenance of a larger house. It also appeals to those who value a stable, academic-adjacent community over a brand-new build, and see potential in a property where the land itself is a primary asset. A thoughtful perspective is that this property represents a balance—it’s not the newest or largest house, but it offers a competitive advantage in land size that is increasingly scarce, making it a pragmatic long-term hold in a desirable inner-city neighbourhood.

Frequently Asked Questions

1. How does the 2021 sale price compare to the current assessment?
The home sold for $371,000 in October 2021. The current assessed value is $347,000. It’s important to discuss current market conditions with your agent to understand today’s likely value.

2. What does the "finished basement" include?
The listing confirms the basement is finished but does not specify the details. This should be verified during a viewing to understand the layout, ceiling height, and quality of the finish.

3. Is the large lot a potential for expansion or subdivision?
The 8,153 sqft lot is a significant feature. Any plans for an addition, garage, or subdivision would require research into local zoning bylaws and would be a key point for due diligence.

4. What are the implications of the home's age (58 years)?
Built in 1968, buyers should budget for updates and ensure thorough inspections. Older homes in this area often have solid foundations, but systems like plumbing, electrical, and the roof may need attention or modernization.

5. How do the provided "rankings" work?
The rankings compare this property to others on its street, in Varsity View, and across all of Winnipeg. For example, its lot size ranks in the top 11% in the city, meaning it's larger than 89% of Winnipeg properties. These are useful for understanding relative strengths, like lot size, versus relative factors like building age.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.