409 North Drive

Wildwood, Winnipeg

Property score

78.9

Good

Overall 78.9 · Larger but older than most nearby homes

2,694 sqft (top 7%) · Built in 1918 (32 yrs older than avg)

Located in a high-income area with median household income of ~93k

Transit 46.0 · 6-min walk to transit with 1 nearby route · Within 500m: 3 parks nearby

Living Area

Above average

63% larger than neighborhood avg.

Year Built

Below average

32 yrs older than neighborhood avg.

Mother tongue

English · 81%Chinese · 2%

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

Sold Count

91

Median price

598.2k

$/sqft

$381/sqft

Avg build year

1950

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Property score

78.9 is composed by the two sections below.

Property Score

77.7Good
Living Area98
2,694 sqftExcellent
Year Built16
1918Low
Lot Size98
12,732 sqftExcellent
Neighbourhood Sales Activity19
Low

Community Score

80.8Excellent
Household Income82
Excellent
Education Level82
Excellent
Housing Stress63
Fair
Core Housing Need88
Excellent
Employment Health83
Excellent

Neighbourhood Sales

Wildwood

How to read: Share of sales in each ~$50k price band for “wildwood” (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: #46110444

Community deep dive

$93K

Median household income

$121K

Average household income

8%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

30%

Single-person households

20%

Families with children

Population, labour & age

Population (2021)551
Labour force participation rate70%
Median age41.6
Avg household size2.2
Unemployment rate5%
Population density903 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households30%
Couple families with children20%
Median household income (2020)$93K

Housing

Renter households18%
Condominium dwellings16%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority12%
Bachelor's or higher (25–64)45%
Mother tongue (1st)English · 80%
Mother tongue (2nd)Chinese · 1%

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

Rankings

Living Area

Elite
2,694 sqft
0255075100
Same streetTop 11%Same areaTop 7%CitywideTop 2%
Same street · North Drive
#8 / 75
Top 11% · Avg 1,628 sqft
Same area · Wildwood
#25 / 377
Top 7% · Avg 1,657 sqft
Citywide · Winnipeg
#3,626 / 194,458
Top 2% · Avg 1,342 sqft

Tax-Assessed Value

Elite
1.19M
0255075100
Same streetTop 4%Same areaTop 4%CitywideTop 1%
Same street · North Drive
#3 / 75
Top 4% · Avg 503.2k
Same area · Wildwood
#15 / 377
Top 4% · Avg 568.2k
Citywide · Winnipeg
#1,147 / 194,458
Top 1% · Avg 390.1k

Year Built

below average
1918
0255075100
Same streetBottom 8%Same areaBottom 1%CitywideBottom 12%

Lot Size

Elite
12,732 sqft
0255075100
Same streetTop 11%Same areaTop 11%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

409 North Drive — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 334 m).

Search radius
🌳Parks3

Crime & Safety

Wildwood · WPS public data · 2026

Annual incidents

1

2026

vs. city avg

-97%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Property

100%

Sales History

Sold 6/2021CA$1.2M–1.25M
Sold price

Same street

Top 9%

Same area

Top 4%

City-wide

Top 1%
Sold 10/2017CA$0.95M–1M
Sold price

Same street

Top 14%

Same area

Top 6%

City-wide

Top 1%

Related homes

Highlights & common questions: 409 North Drive, Winnipeg

409 North Drive – Property Summary

Key Characteristics & Buyer Profile

This property stands out for its uncommon combination of size, land, and value. The home offers 2,694 square feet of living space—well above the citywide average of 1,342 square feet—and sits on a 12,732-square-foot lot. Both figures place it in the top 2–3% of Winnipeg homes. Its assessed value of $1.19 million is in the top 1% citywide, reflecting the premium attached to this scale and location.

The year built (1918) places it among the older homes on its street and in the neighbourhood. This isn't a turnkey modern build. Buyers should expect the character and quirks that come with a century-old house: likely original detailing, possibly outdated systems or layouts, and the need for ongoing maintenance. The appeal lies in the potential for a substantial renovation or restoration on a rare large lot in an established area.

The property suits buyers who want space that newer infill projects rarely offer—both indoors and outdoors—and who are comfortable with older construction. It may appeal to someone looking to build long-term equity through careful upgrades, or a buyer who values architectural heritage and is prepared to steward an older home. It is less likely to suit someone seeking a move-in-ready contemporary house.


Five Possible FAQs

1. Does the age of the home mean it will need major work?
Not necessarily right away, but a home built in 1918 will likely have older plumbing, electrical, and insulation. A thorough home inspection is strongly recommended. Some buyers budget for phased upgrades rather than expecting everything to be modern from day one.

2. Why is the assessed value so high relative to other homes in the area?
The assessed value reflects the combination of a large living area, a lot size nearly double the neighbourhood average, and the desirability of the Wildwood area. It’s not just the house—land value plays a significant role.

3. How does the lot size compare to other homes in Wildwood?
This lot is roughly 40% larger than the neighbourhood average of 9,032 square feet. It ranks in the top 11% locally, meaning most homes in the area sit on noticeably less land. That extra space could be used for gardens, additions, or simply privacy.

4. Is this home a good candidate for a major renovation or addition?
Given the lot size and the property’s position in the market relative to newer homes, a renovation could make financial sense. However, any structural changes would require permits and likely need to respect the character of the neighbourhood. Buyers should consult with a local architect or contractor familiar with older homes in Winnipeg.

5. How does this property compare to newer homes in the same price range?
Newer homes in this price bracket are typically smaller in both living area and lot size. You would be trading modern finishes and efficiency for square footage and land. Some buyers find that trade-off worthwhile; others prefer a home that doesn’t require as much ongoing attention.