565 Magnus Avenue

William Whyte, Winnipeg

59.2

Fair

Overall 59.2

Larger than most nearby homes

1,824 sqft (top 6%)

Built in 1907 (20 yrs older than avg)

Located in a average-income area

with median household income of ~58k

Transit 82.0

2-min walk to transit with 2 nearby routes

Within 500m: 1 dining spot, 2 schools, 1 healthcare facility, and 3 shops nearby

Living Area

Above average

58% larger than neighborhood avg.

Year Built

Near average

20 yrs older than neighborhood avg.

Mother tongue

English · 67%Tagalog · 17%

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

Sold Count

703

Median price

117k

$/sqft

$87/sqft

Avg build year

1927

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Property score

59.2 is composed by the two sections below.

Property Score

61.0Fair
Living Area1,824 sqft89Excellent
Year Built190710Low
Lot Size2,463 sqft18Low
Neighbourhood Sales Activity59Fair

Community Score

56.6Fair
Household Income62Fair
Education Level44Low
Housing Stress63Fair
Core Housing Need63Fair
Employment Health42Low

Neighbourhood Sales

William Whyte

How to read: Share of sales in each ~$50k price band for “william whyte” (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: #46110057

Community deep dive

$58K

Median household income

$62K

Average household income

25%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.2

P90 / P10 ratio

26%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)628
Labour force participation rate56%
Median age31.6
Avg household size3.0
Unemployment rate20%
Population density5233 / km²

Households & income

Low income (LIM-AT, % pop.)25%
Single-person households26%
Couple families with children26%
Median household income (2020)$58K

Housing

Renter households57%
Condominium dwellings4%
Median dwelling value (owners)$190K

Diversity, education & language

Immigrants (share of pop.)31%
Visible minority38%
Bachelor's or higher (25–64)20%
Mother tongue (1st)English · 66%
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

Elite
1,824 sqft
0255075100
Same streetTop 3%Same areaTop 6%CitywideTop 16%
Same street · Magnus Avenue
#20 / 608
Top 3% · Avg 1,017 sqft
Same area · William Whyte
#109 / 1,707
Top 6% · Avg 1,158 sqft
Citywide · Winnipeg
#31,621 / 194,458
Top 16% · Avg 1,342 sqft

Tax-Assessed Value

around average
137k
0255075100
Same streetBottom 31%Same areaTop 49%CitywideBottom 2%
Same street · Magnus Avenue
#421 / 608
Bottom 31% · Avg 178k
Same area · William Whyte
#842 / 1,707
Top 49% · Avg 149.1k
Citywide · Winnipeg
#190,326 / 194,458
Bottom 2% · Avg 390.1k

Year Built

around average
1907
0255075100
Same streetBottom 24%Same areaBottom 40%CitywideBottom 4%

Lot Size

below average
2,463 sqft
0255075100
Same streetBottom 18%Same areaBottom 9%CitywideBottom 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

565 Magnus Avenue — 16 amenities found within 500 m, across 7 categories, including 1 dining (nearest 282 m), 2 education (nearest 209 m), 1 healthcare (nearest 317 m).

Search radius
🍽️Dining1
🏫Education2
🏥Healthcare1
🛒Shopping3
🌳Parks4
Worship4
🏛️Government1

Crime & Safety

William Whyte · WPS public data · 2026

Annual incidents

160

2026

vs. city avg

+442%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

50%

Sales History

Sold 1/2018CA$50k–100k
Sold price

Same street

Bottom 9%

Same area

Bottom 10%

City-wide

Bottom 1%

Related homes

Highlights & common questions: 565 Magnus Avenue, Winnipeg

565 Magnus Avenue – Property Summary

Key Characteristics & Buyer Suitability

This is a 1,824 sqft house built in 1907 on a 2,463 sqft lot, located on Magnus Avenue in the William Whyte neighbourhood of Winnipeg. The property's strongest feature is its living area, which ranks in the top 3% on its street and top 6% in the neighbourhood. The interior space is notably generous compared to nearby homes. The assessed value of $137,000 sits around average for the street and neighbourhood, but well below the citywide average. The lot is smaller than typical for the area, and the house is older than most properties on the street, in the neighbourhood, and in the city as a whole.

The appeal here is straightforward: a large, older house at a moderate price point in an area where similar square footage is hard to come by. A buyer in this transaction is likely someone who values interior space over lot size or a modern build. This could suit a renovator comfortable with deferred maintenance on a century home, or a buyer whose budget is constrained but needs more square footage than a newer home in the area would offer. It may also appeal to someone who wants to live on Magnus Avenue specifically, where large homes are rare and this one stands out.


Five Possible FAQs

1. Why is the assessed value so much lower than the city average, but average for the street?
This reflects the neighbourhood, not the house itself. The citywide average is pulled up by higher-value areas. On Magnus Avenue and within William Whyte, most properties fall into a similar value range. The house's assessed value is right in line with its immediate surroundings.

2. What does the ranking data tell me about the lot size?
The lot ranks near the bottom across all three levels: street, neighbourhood, and city. At 2,463 sqft, it's about 30% smaller than the average for its own street. This is not a property for someone wanting a large yard or space for additions or outbuildings. The interior space is the asset; the land is modest.

3. Is a 1907 house likely to have significant issues?
Homes of this vintage often have older electrical, plumbing, and foundations. The age ranking below average for the street and city suggests it's older than most comparable homes, meaning updates may be piecemeal or overdue. A thorough home inspection—especially of the mechanicals and structure—would be essential. The data doesn't indicate condition, only age.

4. How does this property compare to others currently for sale nearby?
The data ranks it against all comparable homes, not just those on the market. That means while it may be one of the larger homes in the area, it's also one of the oldest and on a smaller lot. For a buyer actively shopping, it would be worth checking how many nearby listings match its square footage at this price point, since such combinations are uncommon.

5. What does “Top 3% on the street” mean in practical terms?
Out of 608 homes on Magnus Avenue, this house ranks 20th for living area. Only 19 homes on the same street have more interior space. That gives it an unusual advantage for the street, but that advantage is balanced by its older age and smaller lot. The house is a trade-off: large inside, compact outside, and dated.

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