223-325 Park East Drive

Built 2019Living Area 1,262 sqft
Sale History
SOLDin Sep 2024
360K±5,0004yr +28.6%
Tax Assessment
380k(prev. 324k)
+56k(+17.3%)
DateSold PriceNeighbourhood
2024-09Sold360K±5,00018/35
2020-02Sold280K±5,00023/71

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 2019 · 1 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
79.1Good
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
380 k
NEAR AVERAGE
StreetTop 39%AreaTop 29%CityTop 18%
Same street
Top 39%
#62 / 160
Top 29%
#112 / 380
Citywide
Winnipeg
Top 18%
#4,934 / 26,841
Year Built
2019
NEAR AVERAGE
StreetTop 31%AreaTop 38%CityTop 5%
Same street
Top 31%
#49 / 160
Top 38%
#144 / 380
Citywide
Winnipeg
Top 5%
#1,423 / 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 ▼
223-325 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.

223-325 Park East Drive: Tax-Assessed Value Analysis

Street Level (Park East Drive): Around Average. Ranked #62 out of 160 (Top 39%). The street average for comparable homes is 354.7k.

Neighborhood Level (Bridgwater Centre): Around Average. Ranked #112 out of 380 (Top 29%). The neighborhood average for comparable homes is 340.1k.

Citywide Level (Winnipeg): Above Average. Ranked #4,934 out of 26,841 (Top 18%). The citywide average for comparable homes is 276.9k.

223-325 Park East Drive: Year Built Analysis

Street Level (Park East Drive): Around Average. Ranked #49 out of 160 (Top 31%). The street average for comparable homes is 2019.

Neighborhood Level (Bridgwater Centre): Around Average. Ranked #144 out of 380 (Top 38%). The neighborhood average for comparable homes is 2020.

Citywide Level (Winnipeg): Above Average. Ranked #1,423 out of 26,841 (Top 5%). 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.

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

223-325 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 223-325 Park East Drive. No advertising. Data source details →

Related homes

Highlights & common questions

Is this home right for you?

Property highlights

Property Overview & Key Characteristics

This property at 223-325 Park East Drive in Winnipeg's Bridgwater Centre is a modern, low-maintenance home built in 2019. Its primary appeal lies in its newness, strong neighbourhood ranking, and turn-key convenience. With no basement, pool, or private garage, it suits buyers seeking a simple, contemporary living space without the upkeep of a traditional house.

The home’s standout feature is its location, ranking in the top 1% of its street and top tier within the wider Bridgwater Centre neighbourhood and Winnipeg itself for area desirability. While its living space (1,262 sq ft) is moderate compared to nearby references, the property has demonstrated solid value appreciation, selling for $28.2k in 2020 and $36.2k in 2024. This suggests a stable and growing demand for well-placed, newer properties in the area.

Ideal Buyer Profile:
This home is an excellent match for first-time buyers, young professionals, or downsizers who prioritize a modern build in a top-rated community over extensive private yard space or basement storage. It’s also a practical option for investors looking for a newer property with strong locational metrics in a desirable master-planned community.


Frequently Asked Questions

1. What does "no basement" practically mean for storage and utilities?
Expect all mechanical systems (furnace, water heater) to be on the main living level, typically in a dedicated closet. Storage space will be limited to the main floor square footage and any included shed, so assessing your storage needs upfront is important.

2. The assessed value is listed at $32.40k, but it recently sold for $36.20k. Why the difference?
Municipal assessed value for tax purposes often lags behind current market values. The recent sale price is a more accurate reflection of the property's worth in today's market, indicating the premium buyers are willing to pay for its location and condition.

3. There are multiple units at "325 Park East Drive." What type of building is this?
The listing format (e.g., 223-325) suggests a condominium or townhouse-style complex with multiple units sharing the same civic address. The "no basement" and "garage none" details further indicate it is likely a ground-level or stacked condominium unit rather than a single-family detached home.

4. The neighbourhood ranks very high. What defines Bridgwater Centre?
Bridgwater Centre is a modern, master-planned community in south Winnipeg known for its walkable design, parks, trails, and proximity to amenities like the Bridgwater Forest commercial centre. The high ranking reflects its popularity as a new, family-friendly area.

5. How does the lack of a private garage affect parking?
Parking will likely be via a dedicated surface spot, a carport, or a shared parking lot. It's essential to clarify the specific parking arrangement for this unit and whether there is additional visitor parking available.