122-325 Park East Drive

Built 2018Living Area 1,262 sqft
Sale History
SOLDin Jul 2019
290K±5,000
Tax Assessment
376k(prev. 321k)
+55k(+17.1%)
DateSold PriceNeighbourhood
2019-07Sold290K±5,00029/92

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

Map
↑
Above average1,262 sqft · top 18% 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
79.1● Good
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
76.8
Good
Living area
66
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
1,262 sqft
● ABOVE AVERAGE
StreetTop 26%AreaTop 18%CityTop 21%
Same street
Top 26%
#41 / 160
Top 18%
#69 / 380
Citywide
Winnipeg
Top 21%
#5,761 / 26,841
Tax-Assessed Value
376 k
● NEAR AVERAGE
StreetTop 43%AreaTop 32%CityTop 19%
Same street
Top 43%
#69 / 160
Top 32%
#122 / 380
Citywide
Winnipeg
Top 19%
#5,131 / 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 ▼
122-325 Park East Drive: Living Area Analysis

Street Level (Park East Drive): Around Average. Ranked #41 out of 160 (Top 26%). The street average for comparable homes is 1,069 sqft.

Neighborhood Level (Bridgwater Centre): Above Average. Ranked #69 out of 380 (Top 18%). The neighborhood average for comparable homes is 1,044 sqft.

Citywide Level (Winnipeg): Around Average. Ranked #5,761 out of 26,841 (Top 21%). The citywide average for comparable homes is 1,042 sqft.

122-325 Park East Drive: Tax-Assessed Value Analysis

Street Level (Park East Drive): Around Average. Ranked #69 out of 160 (Top 43%). The street average for comparable homes is 354.7k.

Neighborhood Level (Bridgwater Centre): Around Average. Ranked #122 out of 380 (Top 32%). The neighborhood average for comparable homes is 340.1k.

Citywide Level (Winnipeg): Above Average. Ranked #5,131 out of 26,841 (Top 19%). The citywide average for comparable homes is 276.9k.

122-325 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

122-325 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 122-325 Park East Drive. No advertising. Data source details →

Related homes

Highlights & common questions

Is this home right for you?

Property highlights

Property Summary: 122-325 Park East Drive, Bridgwater Centre

Section 1: Overview & Appeal

This is a modern, low-maintenance condominium in Winnipeg's popular Bridgwater Centre neighbourhood, built in 2018. Its key characteristic is its exceptional location within the community, ranking in the top 1% of its street and top 0% of both the neighbourhood and city for area desirability. This suggests a prime, well-regarded spot within the development.

The appeal lies in a blend of contemporary living and a standout setting. With 1,262 sqft of living space, it suits buyers looking for a newer build without the upkeep of a detached home. The data indicates it may offer relative value, as its assessed value is notably lower than some comparable nearby properties, potentially presenting an entry point into a high-demand area. This property would best suit first-time buyers, downsizers, or investors seeking a modern unit in a consistently sought-after master-planned community. A thoughtful perspective is that while it lacks a garage and basement, its strong locational ranking compensates by offering immediate access to community amenities and parks, aligning with a lifestyle prioritising convenience and walkability.

Section 2: Frequently Asked Questions

1. What does the "top 1% in same street" ranking mean?
This metric indicates the property's lot or location within Park East Drive is considered among the very best on that street, likely due to factors like positioning, views, or proximity to green space.

2. Why is the assessed value ($321,000) different from the nearby reference property?
Assessment values are for municipal tax purposes and consider many factors. The difference from the neighbouring property (308 Park East Drive at $406,000) is likely due to unit size, specific location, interior finishes, and exact condo unit features.

3. Is this a good option for someone needing a garage?
No. The listing specifies "Garage: None." Parking would be limited to surface or designated outdoor spots, which is a key consideration for buyers with vehicles or storage needs.

4. The home was last sold in 2019. What does that tell us?
The 2019 sale price of $291,000 provides a historical benchmark. The current assessed value being higher suggests market appreciation, but a professional appraisal and market analysis are needed to determine its present market value.

5. How does the living area compare to typical homes in Winnipeg?
At 1,262 sqft, this condo's living space is above the Winnipeg median, ranking in the top 58% city-wide. It offers the space of a modest detached home but in a condominium format, which is a notable feature.