Property score
73.4
Good
Overall 73.4 · Smaller but newer than most nearby homes
1,254 sqft (bottom 3%) · Built in 1954 (24 yrs newer than avg)
Located in a high-income area with median household income of ~106k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 14 dining spots, 5 schools, 5 healthcare facilitys, and 3 shops nearby
Living Area
Below average
58% smaller than neighborhood avg.
Year Built
Above average
24 yrs newer 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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73.4 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
2 East Gate — 37 amenities found within 500 m, across 7 categories, including 14 dining (nearest 230 m), 5 education (nearest 211 m), 5 healthcare (nearest 243 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 29% | Bottom 19% | Top 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 2 East Gate, Armstrong Point, Winnipeg
Key Characteristics, Appeal & Target Buyer
This is a classic, single-storey home in the established Armstrong Point neighbourhood, sitting on a very generous lot of over 10,000 square feet. Its primary appeal lies in a rare combination of location and land. The property offers the quiet, tree-lined prestige of Armstrong Point, but with a more manageable 1,254 sqft living space that has been updated with a renovated basement. While the home itself is cozy, the immense lot presents a standout opportunity for expansion, gardening, or simply enjoying private outdoor space—a luxury in a central neighbourhood.
The data reveals a nuanced picture: the lot size is exceptionally large for the area, ranking in the top 6% city-wide, while the living area is modest. This suggests a property whose true value is anchored in its land and location rather than its current square footage. It last sold well below its current assessed value, indicating significant perceived appreciation. This home would perfectly suit a buyer who values location over sheer size—perhaps downsizers seeking a prestigious address without a large home to maintain, or a visionary buyer who sees the long-term potential in the sizable lot for future renovation or redevelopment.
Frequently Asked Questions
1. What is the real draw of this property?
Beyond the charming home, the primary asset is the land. The lot is substantially larger than most in Armstrong Point and across Winnipeg, offering rare potential for expansion, outdoor living, or future investment in a highly sought-after location.
2. Who would this home suit best?
It’s ideal for buyers who prioritize location and land over immediate living space. This includes downsizers from larger homes in the area, first-time buyers entering a premium neighbourhood at a relatively accessible price point for the location, or investors/renovators attracted by the lot's potential.
3. Why is the assessed value so much higher than the last sale price?
The property last sold in late 2020. The increase in assessed value likely reflects strong market appreciation for well-located homes, the value of the renovated basement, and the significant premium placed on large lots in central neighbourhoods.
4. How does the living space compare to the neighbourhood?
The living area is quite modest for Armstrong Point, ranking in the bottom 3% of the neighbourhood. This confirms that the property’s appeal is not its current interior size, but the balance of a comfortable, updated home on a much larger-than-average parcel of land.
5. What is Armstrong Point like as a neighbourhood?
Armstrong Point is a historic, quiet, and prestigious residential area near the Assiniboine River, known for its mature trees, character homes, and central location close to downtown, Osborne Village, and major parks. It offers a serene, established community feel.
