2480 Mcgillivray Boulevard

Whyte Ridge, Winnipeg

Property score

65.7

Good

Overall 65.7 · Smaller and older than most nearby homes

1,144 sqft (bottom 2%) · Built in 1914 (80 yrs older than avg)

Located in a high-income area with median household income of ~120k

Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 1 park, and 5 sports facilitys nearby

Living Area

Below average

31% smaller than neighborhood avg.

Year Built

Below average

80 yrs older than neighborhood avg.

Mother tongue

English · 66%Chinese · 7%

Past 10 years Whyte Ridge sales snapshot (~80% of all data)

Sold Count

752

Median price

536.3k

$/sqft

$352/sqft

Avg build year

1994

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Property score

65.7 is composed by the two sections below.

Property Score

50.4Fair
Living Area60
1,144 sqftFair
Year Built16
1914Low
Lot Size67
5,396 sqftGood
Neighbourhood Sales Activity23
Low

Community Score

88.7Excellent
Household Income91
Excellent
Education Level91
Excellent
Housing Stress74
Good
Core Housing Need100
Excellent
Employment Health76
Good

Neighbourhood Sales

Whyte Ridge

How to read: Share of sales in each ~$50k price band for “whyte ridge” (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: #46111058

Community deep dive

$120K

Median household income

$138K

Average household income

9%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.2

P90 / P10 ratio

14%

Single-person households

44%

Families with children

Population, labour & age

Population (2021)1,289
Labour force participation rate70%
Median age39.2
Avg household size2.9
Unemployment rate7%
Population density2929 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households14%
Couple families with children44%
Median household income (2020)$120K

Housing

Renter households22%
Condominium dwellings0%
Median dwelling value (owners)$472K

Diversity, education & language

Immigrants (share of pop.)20%
Visible minority34%
Bachelor's or higher (25–64)51%
Mother tongue (1st)English · 65%
Mother tongue (2nd)Chinese · 7%

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

Rankings

Living Area

around average
1,144 sqft
0255075100
Same streetTop 33%Same areaBottom 2%CitywideBottom 44%
Same street · Mcgillivray Boulevard
#5 / 15
Top 33% · Avg 1,098 sqft
Same area · Whyte Ridge
#2,330 / 2,382
Bottom 2% · Avg 1,666 sqft
Citywide · Winnipeg
#108,256 / 194,458
Bottom 44% · Avg 1,342 sqft

Tax-Assessed Value

around average
304k
0255075100
Same streetTop 40%Same areaBottom 1%CitywideBottom 30%
Same street · Mcgillivray Boulevard
#6 / 15
Top 40% · Avg 286.8k
Same area · Whyte Ridge
#2,370 / 2,382
Bottom 1% · Avg 529.6k
Citywide · Winnipeg
#135,349 / 194,458
Bottom 30% · Avg 390.1k

Year Built

below average
1914
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 11%

Lot Size

around average
5,396 sqft
0255075100
Same streetTop 47%Same areaBottom 42%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

2480 Mcgillivray Boulevard — 6 amenities found within 500 m, across 2 categories, including 1 parks (nearest 379 m).

Search radius
🌳Parks1
💪Sports5

Crime & Safety

Whyte Ridge · WPS public data · 2026

Annual incidents

4

2026

vs. city avg

-86%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Violent

75%

Sales History

Sold 6/2021CA$300k–350k
Sold price

Same street

Top 25%

Same area

Bottom 1%

City-wide

Bottom 40%

Related homes

Highlights & common questions: 2480 Mcgillivray Boulevard, Winnipeg

Key Characteristics & Buyer Profile

This 1914 home on Mcgillivray Boulevard in Whyte Ridge offers 1,144 square feet of living space on a 5,396-square-foot lot, with an assessed value of $304,000. The property stands out mostly for what it isn't: it's not the biggest, newest, or most valuable home in its neighbourhood, and that's precisely where its appeal lies.

Where the appeal sits: The home is below average for its area in both size and value—ranking in the bottom 2% of Whyte Ridge for assessed value and bottom 2% for living area. But zoom out to the street level, and it's around average. Citywide, it sits solidly in the middle (top 56% for living area, top 70% for value). What this tells you is that you're getting an older, modestly sized property in a neighbourhood where most homes are larger and worth significantly more. The land area is also below the street average (5,396 sqft vs. 8,908 sqft on Mcgillivray), but it's not unusually small for the wider area.

What it would suit: Buyers who want to be in Whyte Ridge but can't—or don't want to—pay for a typical home in the neighbourhood. That might be someone looking for a lower entry point into an established area, a renovator who sees potential in an older structure, or someone who values location over square footage and doesn't need a large house. It could also suit a buyer who plans to build new on the lot, though the 1914 build year suggests the house may have character or limitations worth investigating. This isn't a move-in-ready family home for someone who wants the biggest and newest; it's a property for someone comfortable with trade-offs.


Five Possible FAQs

1. The house was built in 1914. What should I look out for?
Homes from this era often have original foundations, knob-and-tube wiring, lead paint, or outdated plumbing. That said, many have been updated over time. A thorough home inspection is essential, and it's worth checking if any major systems (roof, furnace, electrical panel) have been replaced recently. The year built ranks last on the street and in the neighbourhood, so you're buying one of the oldest homes in the area.

2. The assessed value seems low for Whyte Ridge. Does that mean it's a fixer-upper?
Not necessarily, but it's a strong signal. The home is assessed at $304k, while the neighbourhood average is $529.6k. That gap could mean the home is smaller, in rougher condition, or both. It could also mean it simply hasn't been updated in a while. Compare it to similar-sized homes citywide (average $390k) to gauge whether the price reflects size or condition.

3. How does the lot size compare to other properties in the area?
The lot is 5,396 sqft, which is below the street average of 8,908 sqft but around average for Whyte Ridge (6,175 sqft) and citywide (6,570 sqft). You're not getting a huge yard, but you're also not significantly smaller than most homes in the broader area. For the street, the lots vary quite a bit.

4. Is this a good investment property?
It could be, depending on your strategy. The low assessed value relative to the neighbourhood suggests potential for forced appreciation through renovations. But the small lot and older structure may limit what you can do. Rental yield would depend on what renters are willing to pay in Whyte Ridge for a smaller, older home. It's not a clear win—do the math on after-repair value and local rental comps.

5. Why does the neighborhood ranking look so poor despite the home being average citywide?
Because Whyte Ridge is an above-average neighbourhood. Many homes there are larger, newer, and more valuable. A home that's perfectly average for Winnipeg can still land in the bottom few percent locally. That's not a flaw—it just means you're buying into a higher-end area at a below-market price. The trade-off is that your home may not appreciate at the same rate as the rest of the neighbourhood unless you improve it.