115 Park East Drive

Bridgwater Centre, Winnipeg

Property score

82.6

Excellent

Overall 82.6 · Larger than most nearby homes

1,810 sqft (top 2%) · Built in 2015 (1 yr older than avg)

Located in a high-income area with median household income of ~103k

Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 3 dining spots, 2 healthcare facilitys, 3 shops, and 2 bank/ATMs nearby

Living Area

Above average

13% larger than neighborhood avg.

Taon ng Paggawa

Below average

1 yrs older than neighborhood avg.

Mother tongue

English · 40%Chinese · 21%

Past 10 years Bridgwater Centre sales snapshot (~80% of all data)

Sold Count

189

Median price

510k

$/sqft

$289/sqft

Avg build year

2016

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

82.6 is composed by the two sections below.

Property Score

82.7Excellent
Living Area89
1,810 sqftExcellent
Taon ng Paggawa94
2015Excellent
Lupa38
3,174 sqftLow
Neighbourhood Sales Activity96
Excellent

Community Score

82.5Excellent
Household Income86
Excellent
Education Level91
Excellent
Housing Stress42
Low
Core Housing Need88
Excellent
Employment Health83
Excellent

Istatistika ng benta ng komunidad

Bridgwater Centre

How to read: Share of sales in each ~$50k price band for “bridgwater centre” (Detached na bahay (hindi 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: #46111257

Community deep dive

$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

Population, labour & age

Population (2021)11,365
Labour force participation rate77%
Median age30.4
Avg household size3.1
Unemployment rate8%
Population density1696 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households13%
Couple families with children44%
Median household income (2020)$103K

Housing

Renter households21%
Condominium dwellings14%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)47%
Visible minority69%
Bachelor's or higher (25–64)58%
Mother tongue (1st)English · 39%
Mother tongue (2nd)Chinese · 20%

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

Mga ranggo

Living Area

Elite
1,810 sqft
0255075100
Same streetTop 1%Same areaTop 2%CitywideTop 17%
Same street · Park East Drive
#1 / 73
Top 1% · Avg 1,578 sqft
Same area · Bridgwater Centre
#5 / 204
Top 2% · Avg 1,600 sqft
Citywide · Winnipeg
#32,753 / 194,458
Top 17% · Avg 1,342 sqft

Assessed Value

lampas sa average
500k
0255075100
Same streetTop 8%Same areaTop 8%CitywideTop 20%
Same street · Park East Drive
#6 / 73
Top 8% · Avg 437k
Same area · Bridgwater Centre
#16 / 204
Top 8% · Avg 447.1k
Citywide · Winnipeg
#38,410 / 194,458
Top 20% · Avg 390.1k

Taon ng Paggawa

lampas sa average
2015
0255075100
Same streetBottom 36%Same areaBottom 36%CitywideTop 7%

Lupa

lampas sa average
3,174 sqft
0255075100
Same streetTop 26%Same areaTop 33%CitywideBottom 15%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

115 Park East Drive — 12 amenities found within 500 m, across 6 categories, including 3 dining (nearest 228 m), 2 healthcare (nearest 266 m), 3 shopping (nearest 358 m).

Search radius
🍽️Dining3
🏥Healthcare2
🛒Shopping3
🏦Finance2
Fuel Stations1
Worship1

Crime & Safety

Bridgwater Centre · WPS public data · 2026

Annual incidents

12

2026

vs. city avg

-59%

relative to avg

Year-over-year

-89%

vs. prior year

Primary type

Property

50%

Kasaysayan ng Benta

Naibenta 3/2022CA$400k–450k
Presyo ng benta

Parehong kalye

Top 42%

Parehong lugar

Top 40%

Buong lungsod

Top 27%

Related homes

Mga tampok at karaniwang tanong: 115 Park East Drive, Winnipeg

Property Overview

This two-storey home on Park East Drive in Bridgwater Centre is a modern property built in 2015, offering 1,810 sqft of living space on a 3,174 sqft lot. Its key appeal lies in a combination of newer construction, a fully renovated basement, and strong positioning within its immediate area. The home features an attached garage and ranks highly for its lot size and assessed value relative to its street and the wider Bridgwater neighbourhood.

Key Characteristics & Appeal

The property’s primary strength is its above-average footprint and established value. With a living area ranking at the very top of its street and an assessed value in the top 7% of the neighbourhood, it offers more space and perceived value than many nearby homes. The renovated basement adds immediate functional living space without the need for future investment. Its 2015 build date strikes a balance, being new enough to avoid major immediate repairs but established enough that any initial construction issues would likely have surfaced and been addressed.

This home would suit buyers looking for a move-in ready, spacious family home in a modern Winnipeg community. It’s particularly well-suited for those who value space over brand-newness, as it offers more square footage than newer builds in the area (as seen with the 2018 reference property at 200 Park East Drive, which is smaller). The strong rankings suggest a solid investment within Bridgwater Centre, appealing to buyers seeking a home that stands out in its immediate context for size and value.

Frequently Asked Questions

1. How does the 2022 sale price relate to the current assessed value?
The home sold for $442,700 in March 2022. The current assessed value of $500,000 reflects the municipality’s valuation for tax purposes and general market appreciation, but does not dictate the final sale price.

2. What do the "top percentage" rankings mean?
These rankings compare this specific property against others on the same street, in Bridgwater Centre, and across all of Winnipeg. For example, its lot size is in the top 26% on its street, meaning 74% of lots on Park East Drive are smaller. This helps illustrate how the home measures up locally.

3. Is the basement development legal and permitted?
The listing states the basement is "renovated." It is essential to verify with the seller or your real estate agent whether this work was completed with the proper permits and inspections to ensure it meets local building codes.

4. The home is newer, but what should I still check during an inspection?
While built in 2015, an inspection should still focus on the quality of the basement renovation, roof condition, exterior drainage (as the lot is relatively large), and the performance of all major mechanical systems as they approach a decade of use.

5. How does this property compare to others at the same assessed value?
The listing shows similar assessed values in other neighbourhoods like Elmhurst and Varsity View. This highlights that assessment is primarily a tax tool. Your decision should focus on the specific features, community (Bridgwater Centre), and space offered here versus different neighbourhoods at a similar valuation.