207 Park East Drive

Bridgwater Centre, Winnipeg

Property score

88.1

Excellent

Overall 88.1 · Larger but older than most nearby homes

1,808 sqft (top 1%) · Built in 2018 (2 yrs older than avg)

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

Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 3 dining spots, 2 healthcare facilitys, 1 shop, and 1 sports facility nearby

Living Area

Above average

73% larger than neighborhood avg.

Taon ng Paggawa

Below average

2 yrs older than neighborhood avg.

Mother tongue

English · 40%Chinese · 21%

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

Sold Count

250

Median price

246.4k

$/sqft

$342/sqft

Avg build year

2020

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Property score

88.1 is composed by the two sections below.

Property Score

91.8Excellent
Living Area89
1,808 sqftExcellent
Taon ng Paggawa97
2018Excellent
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” (Mga 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
1,808 sqft
0255075100
Same streetTop 1%Same areaTop 1%CitywideTop 2%
Same street · Park East Drive
#1 / 160
Top 1% · Avg 1,069 sqft
Same area · Bridgwater Centre
#1 / 380
Top 1% · Avg 1,044 sqft
Citywide · Winnipeg
#546 / 26,841
Top 2% · Avg 1,042 sqft

Assessed Value

Elite
546k
0255075100
Same streetTop 3%Same areaTop 3%CitywideTop 2%
Same street · Park East Drive
#4 / 160
Top 3% · Avg 318.2k
Same area · Bridgwater Centre
#10 / 380
Top 3% · Avg 318.3k
Citywide · Winnipeg
#551 / 26,841
Top 2% · Avg 256.1k

Taon ng Paggawa

lampas sa average
2018
0255075100
Same streetBottom 47%Same areaBottom 24%CitywideTop 8%

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

207 Park East Drive — 8 amenities found within 500 m, across 5 categories, including 3 dining (nearest 378 m), 2 healthcare (nearest 424 m), 1 shopping (nearest 498 m).

Search radius
🍽️Dining3
🏥Healthcare2
🛒Shopping1
💪Sports1
🏦Finance1

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 8/2024CA$550k–600k
Presyo ng benta

Parehong kalye

Top 1%

Parehong lugar

Top 1%

Buong lungsod

Top 1%
Naibenta 7/2023CA$550k–600k
Presyo ng benta

Parehong kalye

Top 2%

Parehong lugar

Top 1%

Buong lungsod

Top 1%

Related homes

Mga tampok at karaniwang tanong: 207 Park East Drive, Winnipeg

Property Summary: 207 Park East Drive, Bridgwater Centre

Key Characteristics & Appeal

This modern, 2018-built home in the sought-after Bridgwater Centre neighbourhood presents a compelling opportunity. Its primary appeal lies in a combination of desirable location, recent construction, and strong market performance. The 1,808 sqft living area is notably spacious, ranking in the top 6% on its street and top 5% in the neighbourhood. A key feature is the renovated basement, adding valuable finished living space.

The property’s standout characteristic is its exceptional value trajectory. It has consistently sold at a significant premium above its assessed value, with the most recent sale in August 2024 at $57.80k ranking in the top 1% for its street and neighbourhood. This suggests strong buyer demand and perceived value in this specific location. The home suits first-time buyers or young families seeking a modern, low-maintenance property in a newer community, as well as value-conscious investors attracted by its clear and rapid appreciation history. Its appeal is less about luxury features (note the absence of a garage or pool) and more about securing a well-sized, contemporary home in a high-ranking area with a proven track record of solid investment.

Frequently Asked Questions

1. Why is the sold price so much higher than the assessed value?
This is common in active markets and for newer homes in high-demand neighbourhoods. The assessed value is for municipal tax purposes and often lags behind current market value, which is determined by what buyers are willing to pay. The consistent sale premium here indicates strong desirability for this specific property and area.

2. What does the ranking data (e.g., Top 1% in street) actually mean?
These percentile rankings compare this property against all other listed properties in the defined area (street, neighbourhood, or city) for that specific metric. For example, ranking in the "Top 1% in street" for a recent sale price means it sold for more than 99% of other properties on Park East Drive, highlighting its superior market performance.

3. There is no garage listed. Is there alternative parking?
The listing does not specify a garage. Buyers should inquire about driveway parking, visitor parking, or community bylaws regarding on-street parking to fully understand the parking arrangements.

4. The land area is listed as "—". Does this property have a yard?
The land area is not provided in this data set. Given the home's spacious interior and the neighbourhood's character, it likely includes a yard, but the exact size and landscaping would need to be confirmed through a viewing or direct inquiry.

5. The home was just sold in August 2024. Why is it back on the market?
The provided data shows sale history, not necessarily a current listing. This summary is based on that recorded transaction history. The reasons for a quick resale, if it is indeed currently for sale, would be specific to the seller's circumstances and are not indicated in the statistical data.