121-325 Park East Drive

Built 2018Living Area 686 sqft
Sale History
SOLDin Oct 2023
230K±5,000↗4yr +21.1%
Tax Assessment
240k(prev. 232k)
+8k(+3.4%)
DateSold PriceNeighbourhood
2023-10Sold230K±5,00028/31
2019-03Sold190K±5,00074/92

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

Map
↑
Below average686 sqft · top 89% 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
59.2● 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
43.7
Low
Living area
15
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
686 sqft
● BELOW AVERAGE
StreetBottom 24%AreaBottom 11%CityBottom 12%
Same street
Bottom 24%
#121 / 160
Bottom 11%
#339 / 380
Citywide
Winnipeg
Bottom 12%
#23,538 / 26,841
Tax-Assessed Value
240 k
● BELOW AVERAGE
StreetBottom 4%AreaBottom 6%CityBottom 48%
Same street
Bottom 4%
#153 / 160
Bottom 6%
#359 / 380
Citywide
Winnipeg
Bottom 48%
#14,056 / 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 ▼
121-325 Park East Drive: Living Area Analysis

Street Level (Park East Drive): Below Average. Ranked #121 out of 160 (Bottom 24%). The street average for comparable homes is 1,069 sqft.

Neighborhood Level (Bridgwater Centre): Below Average. Ranked #339 out of 380 (Bottom 11%). The neighborhood average for comparable homes is 1,044 sqft.

Citywide Level (Winnipeg): Below Average. Ranked #23,538 out of 26,841 (Bottom 12%). The citywide average for comparable homes is 1,042 sqft.

121-325 Park East Drive: Tax-Assessed Value Analysis

Street Level (Park East Drive): Below Average. Ranked #153 out of 160 (Bottom 4%). The street average for comparable homes is 354.7k.

Neighborhood Level (Bridgwater Centre): Below Average. Ranked #359 out of 380 (Bottom 6%). The neighborhood average for comparable homes is 340.1k.

Citywide Level (Winnipeg): Below Average. Ranked #14,056 out of 26,841 (Bottom 48%). The citywide average for comparable homes is 276.9k.

121-325 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

121-325 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 121-325 Park East Drive. No advertising. Data source details →

Related homes

Highlights & common questions

Is this home right for you?

Property highlights

Property Summary

Key Characteristics & Appeal

This is a compact, modern condominium unit built in 2018, located in the popular Bridgwater Centre neighbourhood. With 686 square feet of living space, it is a notably smaller unit, ranking in the top tier for assessed value on its street but in the lower percentile for size within both the neighbourhood and city. This suggests a well-maintained property in a high-demand area, where the value is driven more by location and quality than square footage.

Its primary appeal lies in its efficiency and location. It represents a low-maintenance, entry-point into a sought-after, master-planned community. The recent sale history shows steady value appreciation, making it a sensible choice for building equity. This property would suit first-time buyers, investors seeking a rental property in a stable area, or downsizers looking to lock in a modern, community-oriented lifestyle without the upkeep of a house. A thoughtful perspective is that its smaller size and top-tier location ranking offer a chance to live in a premium area at a relatively accessible price point, prioritizing community amenities over private space.

Frequently Asked Questions

1. What does the "Top 1%" street ranking mean?
This indicates the property's assessed value is higher than 99% of other properties on Park East Drive, signaling it is considered a premium holding on this specific street.

2. Is this a good investment property?
Given its modern build, consistent appreciation in sale price, and location in a desirable neighbourhood, it presents as a stable investment. Its smaller size may also appeal to the rental market seeking affordable options in Bridgwater Centre.

3. Why is the living area ranked lower than the value?
The rankings are separate metrics. The unit is highly valued for its location, condition, and building, but its physical size (686 sq ft) is modest compared to many other units in the area, which is common for entry-level or efficient condos.

4. What are the monthly condo fees, and what do they cover?
This information is not provided in the available data. A review of the condo corporation's status certificate is essential to determine the monthly fees and exactly what utilities, maintenance, or amenities they include.

5. The unit has no garage or basement. Where is parking and storage?
The listing specifies no private garage. Parking is likely in a shared surface lot or underground parkade, and storage would be limited to in-suite closets. Confirming the dedicated parking arrangement (e.g., numbered surface spot) is a key next step.