58 East Gate

Armstrong Point, Winnipeg

Property score

78.3

Good

Overall 78.3 · Older than most nearby homes

2,100 sqft (bottom 31%) · Built in 1895 (35 yrs older than avg)

Located in a high-income area with median household income of ~106k

Transit 76.0 · 6-min walk to transit with 4 nearby routes · Within 500m: 10 dining spots, 3 schools, 2 healthcare facilitys, and 1 shop nearby

Living Area

Below average

29% smaller than neighborhood avg.

Year Built

Below average

35 yrs older than neighborhood avg.

Mother tongue

English · 83%French · 3%

Past 10 years Armstrong Point sales snapshot (~80% of all data)

Sold Count

37

Median price

565k

$/sqft

$123/sqft

Avg build year

1930

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

78.3 is composed by the two sections below.

Property Score

70.9Good
Living Area94
2,100 sqftExcellent
Year Built5
1895Low
Lot Size81
6,010 sqftExcellent
Neighbourhood Sales Activity28
Low

Community Score

89.4Excellent
Household Income87
Excellent
Education Level100
Excellent
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health76
Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110657

Community deep dive

$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

Population, labour & age

Population (2021)483
Labour force participation rate64%
Median age56.8
Avg household size2.3
Unemployment rate0%
Population density1857 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households27%
Couple families with children24%
Median household income (2020)$106K

Housing

Renter households25%
Condominium dwellings0%
Median dwelling value (owners)$700K

Diversity, education & language

Immigrants (share of pop.)13%
Visible minority9%
Bachelor's or higher (25–64)65%
Mother tongue (1st)English · 82%
Mother tongue (2nd)French · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
2,100 sqft
0255075100
Same streetBottom 34%Same areaBottom 31%CitywideTop 8%
Same street · East Gate
#25 / 38
Bottom 34% · Avg 3,037 sqft
Same area · Armstrong Point
#82 / 119
Bottom 31% · Avg 2,956 sqft
Citywide · Winnipeg
#16,521 / 194,458
Top 8% · Avg 1,342 sqft

Tax-Assessed Value

above average
470k
0255075100
Same streetBottom 3%Same areaBottom 6%CitywideTop 25%
Same street · East Gate
#37 / 38
Bottom 3% · Avg 761.1k
Same area · Armstrong Point
#112 / 119
Bottom 6% · Avg 728k
Citywide · Winnipeg
#48,354 / 194,458
Top 25% · Avg 390.1k

Year Built

below average
1895
0255075100
Same streetBottom 3%Same areaBottom 3%CitywideBottom 1%

Lot Size

around average
6,010 sqft
0255075100
Same streetBottom 3%Same areaBottom 2%CitywideTop 31%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

58 East Gate — 24 amenities found within 500 m, across 7 categories, including 10 dining (nearest 391 m), 3 education (nearest 222 m), 2 healthcare (nearest 379 m).

Search radius
🍽️Dining10
🏫Education3
🏥Healthcare2
🛒Shopping1
🌳Parks6
💪Sports1
Worship1

Crime & Safety

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%

Sales History

Sold 5/2022CA$400k–450k
Sold price

Same street

Bottom 7%

Same area

Bottom 5%

City-wide

Top 27%
Sold 2/2018CA$350k–400k
Sold price

Same street

Bottom 1%

Same area

Bottom 1%

City-wide

Top 38%

Related homes

Highlights & common questions: 58 East Gate, Winnipeg

Property Overview & Appeal

This home at 58 East Gate is a distinctive property in Winnipeg's historic Armstrong Point neighbourhood. Its key characteristic is its heritage, being built in 1895, which is reflected in its classic two-and-a-half-storey design. With a generous 6,010 sqft lot, it sits on land that ranks in the top tier for size within its immediate area. The home itself offers 2,100 sqft of living space and features a renovated basement and a detached garage.

The appeal lies in a unique combination of established prestige and tangible value. It's situated on a street where properties consistently rank highly for assessed value, suggesting a stable and desirable location. While it's a historic home, the updated basement indicates some modernization. This property would best suit a buyer who appreciates character, established neighbourhoods, and the cachet of a historic address, but who may also be interested in a home that isn't a full restoration project. It's for someone who values space and permanence over brand-new construction, and who understands that owning a piece of local history comes with its own specific considerations and rewards.

Frequently Asked Questions

1. What does the high ranking for "Year Built" mean?
The data shows the home's 1895 build date ranks in the top 3% for its street and neighbourhood, meaning it is one of the older homes in the area. In a historic neighbourhood like Armstrong Point, this isn't a drawback but an indicator of authentic heritage and established streetscape.

2. The assessed value is significantly higher than the last sale price. Why?
The current assessed value is $470k, while it last sold for $430k in May 2022. This increase likely reflects market adjustments, any permitted improvements made (like the basement renovation), and the city's assessment model. It's important to get a current market evaluation to understand today's value.

3. How does the lot size compare practically?
At over 6,000 sqft, the lot is well above average for the area. This offers valuable outdoor space for gardens, entertaining, or future additions, and is a key contributor to the property's assessed value ranking so highly on its street.

4. What should I consider with a home from 1895?
While the renovated basement is a plus, a home of this age requires a thorough inspection. Key focuses should be the foundation, original plumbing and electrical systems (which may have been updated in parts), the roof, and the overall envelope for energy efficiency. Budgeting for ongoing maintenance is typical.

5. The data shows similar assessed values in newer neighbourhoods. What's the trade-off?
The listing shows other homes with a $470k assessment in newer areas like Elmhurst. The trade-off is character and location versus modernity. This home offers historic charm in a central, prestigious neighbourhood, while a similarly priced newer home might offer more modern layouts and systems but in a different setting. It's a matter of personal priority.