Property score
81.9
Excellent
Overall 81.9 · Larger but older than most nearby homes
5,818 sqft (top 6%) · Built in 1896 (34 yrs older than avg)
Located in a high-income area with median household income of ~106k
Transit 46.0 · 20-min walk to transit with 2 nearby routes · Within 500m: 22 dining spots, 1 school, 1 shop, and 6 parks nearby
Living Area
Above average
97% larger than neighborhood avg.
Year Built
Below average
34 yrs older than neighborhood avg.
Mother tongue
English · 83%French · 3%
Past 10 years Armstrong Point sales snapshot (~80% of all data)
37
565k
$123/sqft
1930
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81.9 is composed by the two sections below.
Property Score
Community Score
Armstrong Point
How to read: Share of sales in each ~$50k price band for “armstrong point” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110657
$106K
Median household income
$145K
Average household income
8%
Low income (LIM-AT)
0.3
Income inequality (Gini)
5.0
P90 / P10 ratio
27%
Single-person households
24%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
155 East Gate — 32 amenities found within 500 m, across 6 categories, including 22 dining (nearest 415 m), 1 education (nearest 361 m), 1 shopping (nearest 479 m).
Armstrong Point · WPS public data · 2025
Annual incidents
65
2025
vs. city avg
+120%
relative to avg
Year-over-year
▲ +67%
vs. prior year
Primary type
Property
91%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 43% | Top 49% | Top 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 155 East Gate, Armstrong Point, Winnipeg
Section 1: Overview & Appeal
This property is a substantial, historic home in the desirable Armstrong Point neighbourhood. Its key characteristic is its impressive scale, featuring nearly 5,800 square feet of living space on an exceptionally large lot of over 11,300 square feet. Built in 1896, it represents a significant piece of local heritage. The appeal lies in the rare opportunity to restore and customize a grand, character-filled home in a prime, central location. It suits a specific type of buyer: someone with a vision for restoration, comfortable with a major project, and seeking a legacy property. The value proposition is rooted in the land, the historic fabric, and the potential to create a one-of-a-kind estate, rather than in move-in-ready condition. A less obvious perspective is that the very low assessed value, while reflecting its current state, also suggests a potentially favourable property tax position relative to its ultimate restored value, which is a key financial consideration for a long-term project.
Section 2: Frequently Asked Questions
1. What does "not renovated" for the basement imply?
It indicates the basement is in original or functional condition, but not modernized. Buyers should budget for any desired updates and anticipate the need for inspections regarding foundational integrity, moisture management, and mechanical systems typical of a home of this age.
2. Why is there such a large gap between the assessed value and the potential market value?
Municipal assessments are primarily for taxation and often lag behind market shifts. For a unique, project-based property like this, the assessment likely reflects its "as-is" utility value and does not capture the premium for its lot size, historic significance, or the potential value after restoration.
3. Who is the ideal buyer for this home?
The ideal buyer is likely a preservation-minded individual or family with access to architectural and contracting expertise, and a long-term horizon. It could also suit an institutional or professional buyer looking for a signature restoration project. It is not suited for someone seeking a turn-key or low-maintenance home.
4. What are the less obvious costs or considerations?
Beyond standard renovation costs, considerations include potential heritage designation guidelines, the cost of updating immense spaces (e.g., heating, windows, roofing), and the timeline for such a comprehensive project. The sheer scale means even cosmetic updates represent a significant undertaking.
5. How does the lot size compare, and what are the benefits?
At over a quarter of an acre, the lot is exceptionally large for central Winnipeg. This offers unparalleled privacy, space for gardens or additions, and distance from neighbouring properties—a rare find that provides a sense of estate living within the city.
