115 Phoenix Way

West Kildonan Industrial, Winnipeg

Property score

79.1

Good

Overall 79.1 · Older than most nearby homes

1,518 sqft (bottom 49%) · Built in 2018 (3 yrs older than avg)

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

Transit 62.0 · 3-min walk to transit with 1 nearby route

Living Area

Near average

5% smaller than neighborhood avg.

Year Built

Below average

3 yrs older than neighborhood avg.

Mother tongue

English · 45%Tagalog · 18%

Past 10 years West Kildonan Industrial sales snapshot (~80% of all data)

Sold Count

626

Median price

422.5k

$/sqft

$297/sqft

Avg build year

2021

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Property score

79.1 is composed by the two sections below.

Property Score

75.6Good
Living Area1,518 sqft79Good
Year Built201897Excellent
Lot Size2,643 sqft28Low
Neighbourhood Sales Activity93Excellent

Community Score

84.4Excellent
Household Income87Excellent
Education Level82Excellent
Housing Stress74Good
Core Housing Need88Excellent
Employment Health83Excellent

Neighbourhood Sales

West Kildonan Industrial

How to read: Share of sales in each ~$50k price band for “west kildonan industrial” (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: #46110002

Community deep dive

$105K

Median household income

$112K

Average household income

6%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

13%

Single-person households

40%

Families with children

Population, labour & age

Population (2021)3,678
Labour force participation rate77%
Median age31.6
Avg household size3.2
Unemployment rate9%
Population density744 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households13%
Couple families with children40%
Median household income (2020)$105K

Housing

Renter households32%
Condominium dwellings4%
Median dwelling value (owners)$404K

Diversity, education & language

Immigrants (share of pop.)46%
Visible minority67%
Bachelor's or higher (25–64)41%
Mother tongue (1st)English · 44%
Mother tongue (2nd)Tagalog · 17%

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

Rankings

Living Area

above average
1,518 sqft
0255075100
Same streetTop 17%Same areaBottom 49%CitywideTop 29%
Same street · Phoenix Way
#13 / 78
Top 17% · Avg 1,430 sqft
Same area · West Kildonan Industrial
#340 / 664
Bottom 49% · Avg 1,591 sqft
Citywide · Winnipeg
#57,180 / 194,458
Top 29% · Avg 1,342 sqft

Tax-Assessed Value

around average
372k
0255075100
Same streetBottom 33%Same areaBottom 29%CitywideTop 46%
Same street · Phoenix Way
#52 / 78
Bottom 33% · Avg 376.6k
Same area · West Kildonan Industrial
#470 / 664
Bottom 29% · Avg 442.9k
Citywide · Winnipeg
#90,068 / 194,458
Top 46% · Avg 390.1k

Year Built

Elite
2018
0255075100
Same streetBottom 47%Same areaBottom 17%CitywideTop 4%

Lot Size

below average
2,643 sqft
0255075100
Same streetBottom 27%Same areaBottom 27%CitywideBottom 7%

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

Search radius
No data within 500 m.

Crime & Safety

West Kildonan Industrial · WPS public data · 2026

Annual incidents

5

2026

vs. city avg

-83%

relative to avg

Year-over-year

-93%

vs. prior year

Primary type

Violent

60%

Sales History

Sold 9/2023CA$450k–500k
Sold price

Same street

Top 9%

Same area

Top 29%

City-wide

Top 21%

Related homes

Highlights & common questions: 115 Phoenix Way, Winnipeg

115 Phoenix Way – Property Summary

Key Characteristics & Buyer Profile

This 2018-built home offers 1,518 square feet of living space on a 2,643-square-foot lot. The assessed value is $372,000. The property ranks well above average for living area within the city (top 29%) and stands out strongly for its construction year—built in 2018, it places in the top 4% citywide, where the average home dates to 1966.

The appeal here is a newer, move-in-ready home in an older city context. You get modern construction without the premium of a brand-new neighbourhood. The lot is on the smaller side (below average at every level—street, neighbourhood, and citywide), which may suit buyers looking for lower-maintenance outdoor space or a more compact site. The assessed value is around average for the street and city, and below the neighbourhood average, suggesting reasonable value relative to the immediate area.

This property would suit buyers who prioritize a newer build and efficient interior space over a large yard. It’s a good fit for first-time homeowners, downsizers, or investors seeking a relatively low-maintenance asset in a city where most homes are decades older. The lack of a large lot may deter those wanting extensive outdoor space or room for additions.


Frequently Asked Questions

  1. How does the assessed value compare to similar homes nearby?
    The assessed value of $372,000 is slightly below the street average ($376,600) and well below the neighbourhood average ($442,900). Citywide, it lands around the middle (top 46%). This may reflect the smaller lot size balancing the newer construction.

  2. Is the smaller-than-average lot a drawback?
    That depends on your needs. A 2,643-square-foot lot is below average for the street, neighbourhood, and city. It means less yard work and lower upkeep, but also less room for expansion, gardening, or recreation. For buyers who value indoor living space and a newer home, this trade-off is often acceptable.

  3. Why is the year built so notable?
    Most homes in Winnipeg (and in this neighbourhood) were built much earlier—the citywide average is 1966. A 2018 build puts this property in the top 4% citywide for newness. That typically means modern insulation, electrical, plumbing, and building codes, which can reduce immediate repair and upgrade costs.

  4. What’s the neighbourhood like in terms of home ages and values?
    West Kildonan Industrial has an average home built in 2021 and an average assessed value of $442,900. This property is slightly older and valued lower than the neighbourhood norm, largely due to the smaller lot. The area itself leans newer compared to most of Winnipeg.

  5. Would this property be a good investment?
    A newer build in a city with an old housing stock can offer better long-term durability and lower maintenance costs. However, the small lot may limit appreciation compared to properties with more land. It’s a solid choice for steady, low-hassle ownership rather than high upside speculation.

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