123 Phoenix Way

West Kildonan Industrial, Winnipeg

Property score

77.7

Good

Overall 77.7 · Compared with neighbourhood average

1,400 sqft (bottom 35%) · Built in 2019 (2 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

Below average

12% smaller than neighborhood avg.

Year Built

Below average

2 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

77.7 is composed by the two sections below.

Property Score

73.2Good
Living Area1,400 sqft75Good
Year Built201997Excellent
Lot Size2,737 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

around average
1,400 sqft
0255075100
Same streetBottom 42%Same areaBottom 35%CitywideTop 36%
Same street · Phoenix Way
#45 / 78
Bottom 42% · Avg 1,430 sqft
Same area · West Kildonan Industrial
#434 / 664
Bottom 35% · Avg 1,591 sqft
Citywide · Winnipeg
#69,104 / 194,458
Top 36% · Avg 1,342 sqft

Tax-Assessed Value

around average
367k
0255075100
Same streetBottom 26%Same areaBottom 26%CitywideTop 48%
Same street · Phoenix Way
#58 / 78
Bottom 26% · Avg 376.6k
Same area · West Kildonan Industrial
#494 / 664
Bottom 26% · Avg 442.9k
Citywide · Winnipeg
#93,241 / 194,458
Top 48% · Avg 390.1k

Year Built

Elite
2019
0255075100
Same streetTop 1%Same areaBottom 36%CitywideTop 4%

Lot Size

around average
2,737 sqft
0255075100
Same streetBottom 32%Same areaBottom 32%CitywideBottom 8%

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 7/2019CA$300k–350k
Sold price

Same street

Bottom 40%

Same area

Bottom 12%

City-wide

Bottom 43%

Related homes

Highlights & common questions: 123 Phoenix Way, Winnipeg

123 Phoenix Way – Property Summary

Key Characteristics & Buyer Profile

This is a 1,400 sqft home built in 2019 on a 2,737 sqft lot in the West Kildonan Industrial neighbourhood of Winnipeg. Its strongest feature is the build year: the property ranks 1st on its street and in the top 4% citywide for newer construction. That’s uncommon for this area, where the neighbourhood average build year is 2021 and the citywide average is 1966. In practical terms, it means a modern floor plan, likely up-to-date systems, and fewer immediate maintenance concerns.

The assessed value is $367,000, which is below the street average ($376,600) and significantly below the neighbourhood average ($442,900). This suggests the home is priced modestly relative to its immediate area, though it sits close to the citywide average ($390,100). The lot size is smaller than typical for the neighbourhood and city, which may be a trade-off for buyers who prioritize a newer home over yard space.

The home’s appeal lies in its combination of recent construction and relatively lower assessed value—something that’s not easy to find in West Kildonan Industrial. It would suit buyers who want a newer, low-maintenance property without paying a premium for lot size or street prestige. First-time homeowners, downsizers, or anyone looking for a turnkey option in a mid-range price bracket would likely find this a practical fit. It may be less suitable for those needing a large yard or seeking a property that stands out in square footage or land area.


Five Possible FAQs

1. How does the assessed value compare to similar homes nearby?
The home is assessed at $367,000, which is below the street average ($376,600) and well under the neighbourhood average ($442,900). It’s slightly below the citywide average for comparable homes ($390,100). This means, relative to its surroundings, the assessed value is on the lower side.

2. Is the lot size a concern for this property?
The lot is 2,737 sqft. It’s around average for the street but smaller than the neighbourhood average (3,839 sqft) and significantly smaller than the citywide average (6,570 sqft). In the broader Winnipeg market, it ranks in the bottom 8% for lot size. If outdoor space is a priority, this may feel tight.

3. How new is the home compared to others in the area?
It was built in 2019, making it the newest home on its street (ranked 1 out of 78). It’s also in the top 4% citywide for newer construction. While the neighbourhood average build year is 2021 (slightly newer on the whole), the home is still very modern by local standards.

4. Would this property be a good investment for resale value?
The combination of a newer home and a below-average assessed value could be appealing to future buyers, especially those who want modern features without a premium price tag. However, the smaller lot and mid-range square footage may limit appreciation potential compared to properties with more land or larger living areas. It’s a solid, practical choice rather than a high-growth play.

5. Where exactly is West Kildonan Industrial, and what’s the area like?
West Kildonan Industrial is a mixed-use area in north Winnipeg, with a blend of residential, commercial, and industrial properties. The neighbourhood is more affordable than many central Winnipeg districts, and homes here tend to be older on average. This property’s modern build stands out in that context, though the area may not have the same walkability or amenity density as newer suburban developments.

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