107-325 Park East Drive

Built 2018Living Area 760 sqft
Sale History
SOLDin Mar 2025
240K±5,000↗6yr +33.3%
Tax Assessment
259k(prev. 221k)
+38k(+17.2%)
DateSold PriceNeighbourhood
2025-03Sold240K±5,0002/2
2019-07Sold180K±5,00082/92

Rankings reflect the property's sold price position within its street, neighbourhood, and all of Winnipeg in the year of sale.

Map
↑
Below average760 sqft · top 76% in area · built 2018 · 2 yrs older than avg
$
High-income areaMedian household income ~$103K · top tier income demographics
→
2-min walk to transit4 nearby routes · score 86/100
Score

Property score

Overall score
61.9● Fair
How is the score calculated? ▼
Scores are weighted aggregates of property attributes (size, age, lot, sales activity) and community signals from the 2021 Statistics Canada census (income, education, housing stress, employment). 100 = top of metric within Winnipeg.
Property Score
48.2
Low
Living area
22
Year built
97
Sales activity
96
Community Score
82.5
Good
Income
86
Education
91
Housing
42
Core need
88
Employment
83
Rankings

How it stacks up

Each metric compared against 160 homes on Park East Drive, 380 in Bridgwater Centre, and 26,841 citywide. Polygon points further from the centre = better rank.
Living Area
760 sqft
● BELOW AVERAGE
StreetBottom 49%AreaBottom 24%CityBottom 19%
Same street
Bottom 49%
#81 / 160
Bottom 24%
#287 / 380
Citywide
Winnipeg
Bottom 19%
#21,824 / 26,841
Tax-Assessed Value
259 k
● BELOW AVERAGE
StreetBottom 31%AreaBottom 22%CityTop 46%
Same street
Bottom 31%
#110 / 160
Bottom 22%
#296 / 380
Citywide
Winnipeg
Top 46%
#12,237 / 26,841
Year Built
2018
● BELOW AVERAGE
StreetBottom 47%AreaBottom 24%CityTop 8%
Same street
Bottom 47%
#85 / 160
Bottom 24%
#289 / 380
Citywide
Winnipeg
Top 8%
#2,121 / 26,841
How rankings work — each polygon vertex is the property's percentile rank within that scope. Further from the centre = better.
Detailed ranking analysis ▼
107-325 Park East Drive: Living Area Analysis

Street Level (Park East Drive): Below Average. Ranked #81 out of 160 (Bottom 49%). The street average for comparable homes is 1,069 sqft.

Neighborhood Level (Bridgwater Centre): Below Average. Ranked #287 out of 380 (Bottom 24%). The neighborhood average for comparable homes is 1,044 sqft.

Citywide Level (Winnipeg): Below Average. Ranked #21,824 out of 26,841 (Bottom 19%). The citywide average for comparable homes is 1,042 sqft.

107-325 Park East Drive: Tax-Assessed Value Analysis

Street Level (Park East Drive): Below Average. Ranked #110 out of 160 (Bottom 31%). The street average for comparable homes is 354.7k.

Neighborhood Level (Bridgwater Centre): Below Average. Ranked #296 out of 380 (Bottom 22%). The neighborhood average for comparable homes is 340.1k.

Citywide Level (Winnipeg): Around Average. Ranked #12,237 out of 26,841 (Top 46%). The citywide average for comparable homes is 276.9k.

107-325 Park East Drive: Year Built Analysis

Street Level (Park East Drive): Below Average. Ranked #85 out of 160 (Bottom 47%). The street average for comparable homes is 2019.

Neighborhood Level (Bridgwater Centre): Below Average. Ranked #289 out of 380 (Bottom 24%). The neighborhood average for comparable homes is 2020.

Citywide Level (Winnipeg): Above Average. Ranked #2,121 out of 26,841 (Top 8%). The citywide average for comparable homes is 1990.

Market

Bridgwater Centre market pulse

Past 14 years sales snapshot (~80% of all data)
Sold count
250
last 14 years
Median price
246.4k
14-year area median
Price per sqft
$342/sqft
area average
Avg build year
2020
area average
Market conditions · Winnipeg
Sales-to-New-Listings?
Seller's market
63.5%
Buyer'sBalancedSeller's
Sold
1,465
New listings
2,307
Sold above asking?
Last 7 days
Majority over ask
62%
Below ask62% above
70 of 113 sold above asking
What this means
Upward pressure
Demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
2026-04

How to read: Share of sales in each ~$50k price band for “bridgwater centre” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

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Weekly report
Winnipeg Real Estate Market Report — Jun 1–7, 2026
A tale of two timelines this week: nearly two-thirds of homes closed within 10 days at a steep over-asking premium, while everything that lingered past two weeks sold at a discount. The market is rewarding speed almost without exception.
Realtor recommended · 1 / 2
4 Bedrooms, Steps from U of M An Ideal Home for Living or Renting
In-depth Fort Richmond home review near University of Manitoba. 4-bed detached, 1,921 sqft, public sales records in 2016…
Read review →
Monthly report
Highest May Detached Average on Record $477,313
Winnipeg Real Estate Market Data · May 2026 : Average sets a record May, recovery signals converge — 2026's first month with sales above the 5-year average. Detached $477,313 (highest May on record) · Condo $294,703 (just shy of the 2025 record) Three "2026 firsts": sales above 5-yr avg · listings above last year · Condo sales above last year
Community deep dive

Who lives in this neighbourhood

Dissemination area #46111257 · Statistics Canada 2021 Census · Population 11365
11,365
Population (2021)
30.4
Median age
3.1
Avg household size
1,696 / km²
Population density
Distribution by household income band
0-5k
3%
5k-10k
1%
10k-15k
1%
15k-20k
2%
20k-25k
2%
25k-30k
2%
30k-35k
2%
35k-40k
2%
40k-45k
2%
45k-50k
3%
50k-60k
5%
60k-70k
6%
70k-80k
6%
80k-90k
5%
90k-100k
6%
100k-125k
14%
125k-150k
11%
150k-200k
15%
200k plus
12%
$103K
Median household income
$120K
Average household income
14%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.4
P90 / P10 ratio
13%
Single-person households
44%
Families with children
77%
Labour participation
8%
Unemployment
Local · Day-to-day

Transit, amenities & safety

Everything within walking distance, plus crime and waste collection.

Nearby Amenities

Dining, education, healthcare, shopping & more

107-325 Park East Drive — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 205 m).

Search radius
🍽️Dining1
💪Sports1

Crime & safety

Bridgwater Centre · WPS public data
Full crime data →
Annual incidents
12
2026
vs. city average
-59%
▲ relative to avg
Year-over-year
▼ -89%
vs. prior year
Primary type
Property
50% of incidents

We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 107-325 Park East Drive. No advertising. Data source details →

Related homes

Highlights & common questions

Is this home right for you?

Property highlights

Property Overview & Appeal

This 760 sqft property, built in 2018, is a compact and modern unit within Winnipeg's Bridgwater Centre neighbourhood. Its key characteristic is a standout location, ranking in the top 1% of its street and top 0% of its wider neighbourhood and city for area desirability. While the living space is modest, the home is relatively new and has demonstrated solid value appreciation, selling for $24.5k in 2025 after a 2019 sale at $18.6k.

The primary appeal lies in its position within a highly sought-after community, offering a lower-cost entry point into a top-ranked area. It would suit a first-time buyer, an investor seeking a modern rental in a prime location, or someone looking to right-size with minimal maintenance (note: no basement or garage). A thoughtful perspective is that this property represents efficiency over size; it’s for a buyer who prioritizes location and newness above square footage, viewing the community itself as an extension of their living space.

Frequently Asked Questions

1. What does the "top 1%" location ranking actually mean?
This statistical ranking compares the specific area of this property's street segment against all others in Winnipeg. A top 1% rank indicates its immediate locale is among the most desirable in the city based on the platform's metrics, which typically factor in property values, demand, and neighbourhood amenities.

2. Why is the assessed value significantly lower than the recent sale price?
Municipal assessed values for tax purposes often lag behind current market values and are calculated using mass appraisal techniques. The recent sale price of $24.5k is a clearer reflection of its present market worth.

3. Who is this property not well-suited for?
It would not suit buyers requiring ample storage, vehicle shelter (no garage), or multiple dedicated rooms. The modest square footage and lack of a basement demand a minimalist or efficient approach to living.

4. The living area is 760 sqft, but what type of unit is this?
The address format ("107-325") and comparisons to nearby units (e.g., "102-325," "420-325") strongly suggest this is a condominium or apartment-style dwelling within a larger multi-unit building.

5. Has the property value increased since it was built?
Yes. It sold for $18.6k in July 2019 and again for $24.5k in March 2025, indicating a noticeable increase in value over approximately six years.