119 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.

Year Built

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
Year Built94
2015Excellent
Lot Size38
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

Neighbourhood Sales

Bridgwater Centre

How to read: Share of sales in each ~$50k price band for “bridgwater centre” (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: #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.

Rankings

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

Tax-Assessed Value

Elite
502k
0255075100
Same streetTop 5%Same areaTop 6%CitywideTop 19%
Same street · Park East Drive
#4 / 73
Top 5% · Avg 437k
Same area · Bridgwater Centre
#13 / 204
Top 6% · Avg 447.1k
Citywide · Winnipeg
#37,792 / 194,458
Top 19% · Avg 390.1k

Year Built

above average
2015
0255075100
Same streetBottom 36%Same areaBottom 36%CitywideTop 7%

Lot Size

above 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

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

119 Park East Drive — 12 amenities found within 500 m, across 6 categories, including 3 dining (nearest 234 m), 2 healthcare (nearest 274 m), 3 shopping (nearest 363 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%

Sales History

Sold 12/2023CA$500k–550k
Sold price

Same street

Top 4%

Same area

Top 3%

City-wide

Top 14%
Sold 10/2021CA$400k–450k
Sold price

Same street

Bottom 36%

Same area

Bottom 44%

City-wide

Top 33%

Related homes

Highlights & common questions: 119 Park East Drive, Winnipeg

Property Overview

This two-storey home in Bridgwater Centre presents a compelling blend of modern comfort and established value. Built in 2015, it sits on a generous lot and features a renovated basement and an attached garage. Its appeal lies in its position within a newer, well-regarded community, offering a move-in-ready canvas in a sought-after area of Winnipeg. The home would suit young families seeking space and community amenities, professionals looking for a modern, low-maintenance property, or value-conscious buyers who appreciate a home that has already seen thoughtful updates.

Key Characteristics & Appeal

The home’s standout feature is its spacious living area of 1,810 sqft, which ranks at the very top for size on its street. Combined with a larger-than-average lot, this provides a sense of space that is becoming rarer in newer subdivisions. The renovated basement adds immediate functional living space without the need for future investment.

From an investment perspective, the property shows a history of strong value appreciation, with its last sale price significantly higher than previous transactions. Its assessed and recent sold values consistently rank in the top tiers for the neighbourhood and city, suggesting it is perceived as a premium property within its market segment. A less obvious point of appeal is its established age within a new community; at 11 years old, the major initial settling and landscaping are complete, yet the home remains modern compared to the city's overall housing stock. This positions it as a "sweet spot" between brand-new and older established homes.

Frequently Asked Questions

1. How does the lot size compare to newer homes in the area?
At 3,174 sqft, the land area is notably larger than many lots in newer phases of Bridgwater, ranking in the top third of the neighbourhood. This offers more outdoor space for gardening, play, or entertaining.

2. What does the "renovated basement" include?
While specific finishes aren't listed, a renovated basement typically indicates it is fully finished as livable space, which could include recreation rooms, additional bedrooms, or a home office. Verification of permits and the scope of work would be advised.

3. The last sold price is higher than the current assessed value. Is that a concern?
Not necessarily. Assessed value is for municipal tax purposes, while market value is determined by buyers. The sold price from late 2023 indicates what a buyer was willing to pay in the recent market, which is often a more current benchmark than the assessment.

4. Is the property in a flood zone or are there any major development plans nearby?
Bridgwater Centre is a master-planned community, so major infrastructure is established. However, as with any property, checking the local city planning department for future zoning changes or developments is always recommended for due diligence.

5. How does this home's age (2015) compare to others on the street?
The home is newer than 89% of properties on its street, making it one of the more recent builds in its immediate vicinity. This suggests mature landscaping and settled foundations, while still benefiting from modern construction standards and materials.