59 Eglinton Crescent

59 Eglinton Crescent – Property Summary

Key Characteristics & Buyer Profile

This is a 1,217 sqft home built in 1987 on a 5,872 sqft lot in Winnipeg’s Whyte Ridge neighbourhood. Its assessed value is $487,000.

What stands out: The home’s strongest feature is its construction year. It’s among the oldest homes on its street (ranked #2 of 37), which in this context means it was built during the initial wave of development in the area. For buyers who prefer established construction over newer infill, that’s a genuine plus—older homes in this part of Whyte Ridge tend to sit on more mature lots with larger trees and established landscaping. The living area is below average for both the street and neighbourhood, but right at the citywide median. The assessed value, while average locally, is well above the Winnipeg median, reflecting the general desirability of the area.

Where the appeal lies: This property offers a foothold in a stable, mid-tier neighbourhood without paying a premium for the newest build or the largest floor plan. The lot size is unremarkable but usable. The home is a solid entry point for someone who values an older construction era and a street with a consistent character, rather than chasing square footage or a freshly built interior.

Who it suits: First-time buyers who want a house in an established neighbourhood rather than a condo or a fixer-upper in a fringe area. Also suitable for downsizers who don’t need maximum space but want a single-family home in a central Winnipeg suburb with good schools and amenities. Less ideal for buyers who prioritize an open-concept layout or a large master suite—this home likely reflects late-1980s floor plan conventions.

Five Possible FAQs

1. Why is the living area ranked low on the street but average citywide?
The street (Eglinton Crescent) has larger homes overall—averaging 1,569 sqft—so this unit is small by local standards. But compared to the entire city of Winnipeg, 1,217 sqft is right around the median. That gap is common in older suburbs where one street was built out with a consistent, slightly larger floor plan.

2. Is a 1987 home considered old in this market?
It depends on your reference point. In Whyte Ridge, most homes are newer (the neighbourhood average is 1994), so this one is older than its immediate neighbours. Citywide, however, the average year built is 1966, so 1987 is relatively recent. The “elite” street ranking (#2 of 37) simply means it’s one of the earliest builds on that specific street.

3. How reliable is the assessed value for pricing?
Assessed value ($487k) is a benchmark used for property tax calculation, not a market price guarantee. That said, it’s roughly in line with the street average ($500.6k) and below the neighbourhood average ($529.6k). If the home hasn’t been updated recently, the assessment might overstate its sale price. If it’s been renovated, it could understate it.

4. What does “below average” living area actually mean for daily use?
It means the rooms are likely smaller than what you’d find in newer suburban builds—less open space, possibly a galley kitchen, and no oversized bonus room. The trade-off is lower heating costs and less upkeep. For someone who doesn’t host large gatherings or need a dedicated home gym, that’s often fine.

5. How does the lot compare to newer subdivisions in Winnipeg?
At 5,872 sqft, it’s slightly smaller than the Whyte Ridge average (6,175 sqft) and noticeably smaller than the citywide average (6,570 sqft). But many newer subdivisions have pushed lots even smaller—down to 4,000–5,000 sqft in some cases—so this is still a generous size for a home built in the late 80s. Expect a decent backyard, not a sprawling one.