75 Mira Gate

75 Mira Gate – Property Summary

Key Characteristics & Buyer Profile

This home stands out most for its age and street-level value. Built in 2022, it ranks in the top 1% city-wide for newness, and it’s the newest home on Mira Gate. The living area is 1,327 square feet—right at the street average and slightly above the city median for comparable properties. Assessed value sits at $365,000, which is above the street norm but below both the neighbourhood and city averages, suggesting the price is competitive relative to newer builds in the broader area.

The main trade-off is lot size. The land area is 2,343 square feet, which ranks near the bottom city-wide. In the West Kildonan Industrial neighbourhood, lots tend to be significantly larger. This property suits buyers who prioritize a modern, low-maintenance home over outdoor space. It would appeal to first-time buyers, downsizers, or anyone looking for a newer home without paying a premium for a large yard. The neighbourhood itself is more industrial and mixed-use, so it’s not a typical suburban setting. Buyers should be comfortable with that character.

Five Frequently Asked Questions

1. How does the assessed value compare to similar homes nearby?
On Mira Gate, this home is above average—ranked 3rd out of 29. But relative to the broader West Kildonan Industrial area, it’s below the neighbourhood norm, where the average assessed value is about $442,900. City-wide, it lands near the middle.

2. Is a 2,343 sqft lot unusually small?
Yes, by most local standards. It’s below average for the street, well below the neighbourhood average (3,839 sqft), and in the bottom 2% city-wide. If a large yard is a priority, this wouldn’t be the right fit.

3. What’s the neighbourhood like?
West Kildonan Industrial is exactly what it sounds like—more industrial and commercial than residential. It’s not a typical quiet suburb. That said, Mira Gate itself is a smaller street, and being on it means a newer home in a less densely developed pocket.

4. Why is the living area ranked “elite” on the street but “below average” in the neighbourhood?
Because the street is mostly newer, similarly sized homes—so 1,327 sqft fits right in. The neighbourhood includes older, larger homes, which pulls the average up to 1,591 sqft. It’s a comparison of different housing stock, not a quality issue.

5. Would this home appreciate differently than older properties in the area?
Potentially. Newer construction often holds value well, especially when it ranks in the top 1% city-wide for year built. But the small lot and industrial-adjacent location could limit upside compared to properties in more established residential zones. It’s a trade-off between modernity and location.