Property score
82.8
Excellent
Overall 82.8 · Larger but older than most nearby homes
6,531 sqft (top 2%) · Built in 1906 (24 yrs older 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
Above average
121% larger than neighborhood avg.
Year Built
Below average
24 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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82.8 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
5 East Gate — 35 amenities found within 500 m, across 7 categories, including 14 dining (nearest 281 m), 5 education (nearest 174 m), 5 healthcare (nearest 309 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 | Top 7% | Top 3% | Top 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
5 East Gate is a historic, two-and-a-half-storey home in Winnipeg's prestigious Armstrong Point neighbourhood, built in 1906. Its defining feature is an exceptionally large, private lot of nearly half an acre (21,489 sq ft), placing it among the largest in the city. The home itself is spacious at over 6,500 sq ft of living area. It features a renovated basement and sits on a quiet, tree-lined street surrounded by similar heritage properties.
The primary appeal lies in a rare combination of historic prestige and immense land value within a central, sought-after enclave. It suits a specific buyer: someone seeking a legacy property with unparalleled outdoor space for gardens, recreation, or future expansion, and who is prepared for the stewardship of a 120-year-old character home. The significant gap between its recent sale price and its assessed value suggests a buyer saw substantial intrinsic or potential value not captured in the official assessment, likely in the land and location.
Frequently Asked Questions
1. Why is the assessed value so much lower than the recent sale price?
This is common with unique, high-end heritage properties. The assessed value often serves as a base for taxation and may not fully capture the premium market value of an extremely large lot in a prime location, the home's historic character, or significant interior renovations.
2. What does the "Top X%" ranking for lot size really mean?
The rankings show this property's lot is larger than 99% of all residential lots in Winnipeg. In practical terms, it means you are considering one of the largest and most private parcels of land available in the city, especially within a central neighbourhood.
3. What should I consider with a 1906-built home?
While full of character, a home of this age requires careful attention to its original systems (like plumbing and electrical, which may have been updated), foundation, and historical preservation. The renovated basement is a positive, but a thorough inspection by professionals familiar with heritage homes is essential.
4. There's no garage. Is adding one possible?
Given the vast lot size, adding a garage or carriage house is likely feasible from a space perspective, but would be subject to strict heritage and zoning regulations in Armstrong Point. Any addition would need to respect the architectural character of the home and neighbourhood.
5. The nearby reference property has a much higher assessed value. Why?
The reference property at 25 Cornish Avenue is in a different neighbourhood (West Broadway) with different market dynamics. Its assessment reflects its specific location, condition, and improvements. It highlights how assessments are hyper-local and that lot size alone isn't the only factor; neighbourhood prestige and property type play major roles.
