115 Mira Gate – Property Summary

Key Characteristics & Buyer Fit

This 2021-built home offers 1,327 square feet of living space on a 2,555-square-foot lot. Its standout feature is how recently it was built, especially relative to citywide housing stock. Ranking in the top 2% for year built across Winnipeg, it’s newer than the overwhelming majority of homes in the city, where the median construction year is 1966. On its own street, it ranks 6th out of 29 homes—all built in 2021—so it fits seamlessly into a uniformly recent streetscape.

The property’s appeal lies in its balance: it’s not oversized or flashy, but it is efficient and modern. The living area is slightly above the street average (1,319 sqft) and roughly in line with the city median (1,342 sqft). The assessed value of $335,000 is below both the neighborhood and city averages, which may reflect the smaller lot size rather than any quality issue—land area is on the smaller side for West Kildonan Industrial and well below city norms. That said, on its own street, it’s one of the larger lots, ranking 2nd out of 29.

This home suits buyers who prioritize a newer, move-in-ready property over a large yard or expansive square footage. It would work well for first-time homeowners, young families, or downsizers who want low-maintenance outdoor space and don’t need a basement or extra rooms. The neighborhood is more industrial than residential, so proximity to amenities may matter more than the immediate streetscape character. For someone who values construction quality and energy efficiency over vintage charm or land, this is a strong contender.

Frequently Asked Questions

1. How does the property’s assessed value compare to others in the area?
It’s around average for the street ($335k vs. $346k street median) but well below the broader West Kildonan Industrial area ($442k median) and slightly below the citywide average ($390k). This is partly due to the smaller lot—land value tends to drive assessments in this part of the city.

2. Is the neighborhood considered residential or industrial?
West Kildonan Industrial is mixed, with a tilt toward commercial and light industrial uses. Homes on Mira Gate cluster together in a small pocket, so the immediate street feels residential, but the surrounding area is not primarily residential. Buyers should check zoning and nearby land uses.

3. Why is the lot size ranked so low citywide but high on the street?
On Mira Gate, most lots are also compact—the street average is 2,187 sqft—so this property’s 2,555 sqft stands out locally. But citywide, Winnipeg lots are typically much larger (6,570 sqft median), so this home ranks in the bottom 6% nationally for land area. That’s typical for newer infill developments.

4. How unusual is a home built in 2021 in this price range?
Extremely. Most homes under $350k in Winnipeg were built before 1980. A 2021 build at this price point is rare and suggests either a smaller footprint or a location where land costs are lower. Energy efficiency, modern building codes, and lower immediate maintenance costs are all likely advantages.

5. What type of buyer would this property not suit?
Anyone wanting a large yard, a detached garage (or space to build one), or a quiet suburban feel would likely be disappointed. Also, buyers who prefer older homes with character, mature trees, or renovation potential would be better off elsewhere. This is a practical, no-surprises home for people who want to move in and not think about upkeep.