127 Park East Drive

Bridgwater Centre, Winnipeg

Property score

83.0

Excellent

Overall 83.0 · Larger than most nearby homes

1,810 sqft (top 2%) · Built in 2016

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

Transit 94.0 · 1-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

Near average

0 yrs newer 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

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Property score

83.0 is composed by the two sections below.

Property Score

83.3Excellent
Living Area89
1,810 sqftExcellent
Year Built97
2016Excellent
Lot Size38
3,173 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
505k
0255075100
Same streetTop 1%Same areaTop 5%CitywideTop 19%
Same street · Park East Drive
#1 / 73
Top 1% · Avg 437k
Same area · Bridgwater Centre
#10 / 204
Top 5% · Avg 447.1k
Citywide · Winnipeg
#36,894 / 194,458
Top 19% · Avg 390.1k

Year Built

above average
2016
0255075100
Same streetBottom 47%Same areaTop 39%CitywideTop 6%

Lot Size

around average
3,173 sqft
0255075100
Same streetTop 32%Same areaTop 35%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

127 Park East Drive — 12 amenities found within 500 m, across 6 categories, including 3 dining (nearest 247 m), 2 healthcare (nearest 288 m), 3 shopping (nearest 375 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 1/2016CA$400k–450k
Sold price

Same street

Bottom 40%

Same area

Bottom 49%

City-wide

Top 32%

Related homes

Highlights & common questions: 127 Park East Drive, Winnipeg

Property Overview

This two-storey home on Park East Drive in Bridgwater Centre presents a compelling opportunity in a modern Winnipeg neighbourhood. Built in 2016, it offers a move-in-ready space with a renovated basement and an attached garage. The home's standout feature is its generous living area of 1,810 sqft, which ranks it as the largest on its street and among the top in its immediate area. This size advantage is paired with a substantial lot of over 3,100 sqft. The property’s current assessed value is notably higher than its last sale price in 2016, indicating significant appreciation.

The appeal lies in securing a spacious, newer home in a sought-after planned community. It suits buyers looking for room to grow without the wait of a new build, and who value the established lawns and mature neighbourhood feel that a 10-year-old home provides. A thoughtful perspective is that while the home ranks very high for size locally, its assessed value is more middle-of-the-pack citywide, which could represent good value for the square footage compared to newer or more centrally located properties. It’s ideal for a young family or professional couple seeking a balance of modern amenities, community amenities, and space for future projects or expansion.

Frequently Asked Questions

1. How does the assessed value compare to the likely selling price?
The assessed value is $50.50k, which is a figure used for municipal tax purposes. The actual market value and selling price are determined by current market conditions and can be higher or lower than this assessment.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specific details on the finish quality, layout, or whether it includes a legal suite should be verified with the seller or listing agent.

3. The home is among the largest on the street. Does that affect property taxes?
Generally, yes. A larger living area and a higher assessed value typically result in higher property taxes compared to smaller homes in the same area, as seen when comparing to nearby references.

4. Bridgwater Centre is a newer neighbourhood. What are the amenities like?
As a planned community, Bridgwater Centre typically features parks, pathways, and nearby retail centres. Prospective buyers should explore the specific proximity to schools, shopping, and recreational facilities to see if it matches their lifestyle.

5. The home has appreciated since 2016. Is that trend consistent for the area?
The data shows this home's assessed value has risen since its last sale. Comparing the sold and assessed values of nearby reference properties can help determine if this is a neighbourhood-wide trend or specific to this property.