232 Park East Drive

Bridgwater Centre, Winnipeg

Property score

80.1

Excellent

Overall 80.1 · Newer than most nearby homes

1,508 sqft (bottom 48%) · Built in 2018 (2 yrs newer 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: 2 dining spots, 1 healthcare facility, 1 sports facility, and 1 bank/ATM nearby

Living Area

Near average

6% smaller than neighborhood avg.

Year Built

Above average

2 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

80.1 is composed by the two sections below.

Property Score

78.5Good
Living Area79
1,508 sqftGood
Year Built97
2018Excellent
Lot Size46
3,676 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

above average
1,508 sqft
0255075100
Same streetTop 33%Same areaBottom 48%CitywideTop 30%
Same street · Park East Drive
#24 / 73
Top 33% · Avg 1,578 sqft
Same area · Bridgwater Centre
#107 / 204
Bottom 48% · Avg 1,600 sqft
Citywide · Winnipeg
#58,239 / 194,458
Top 30% · Avg 1,342 sqft

Tax-Assessed Value

around average
428k
0255075100
Same streetBottom 47%Same areaBottom 34%CitywideTop 32%
Same street · Park East Drive
#39 / 73
Bottom 47% · Avg 437k
Same area · Bridgwater Centre
#134 / 204
Bottom 34% · Avg 447.1k
Citywide · Winnipeg
#62,865 / 194,458
Top 32% · Avg 390.1k

Year Built

Elite
2018
0255075100
Same streetTop 1%Same areaTop 1%CitywideTop 4%

Lot Size

Elite
3,676 sqft
0255075100
Same streetTop 4%Same areaTop 4%CitywideBottom 21%

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

232 Park East Drive — 5 amenities found within 500 m, across 4 categories, including 2 dining (nearest 404 m), 1 healthcare (nearest 488 m).

Search radius
🍽️Dining2
🏥Healthcare1
💪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%

Sales History

Sold 7/2023CA$450k–500k
Sold price

Same street

Top 18%

Same area

Top 23%

City-wide

Top 21%

Related homes

Highlights & common questions: 232 Park East Drive, Winnipeg

Property Overview: 232 Park East Drive, Bridgwater Centre

Key Characteristics & Appeal

This 2018-built, two-storey home in Bridgwater Centre offers modern living with a practical layout. Its key characteristics include 1,508 sqft of living space, a full (but unfinished) basement, and a generous 3,676 sqft lot, providing ample room for outdoor enjoyment or future expansion. Notably, the property ranks highly within its immediate area for lot size, living area, and recent sale price, suggesting it is a well-positioned home in a desirable pocket of the neighbourhood.

The appeal lies in its balance of being a relatively newer build with established community roots. It suits first-time buyers or young families looking for a move-in-ready home in a modern Winnipeg community, without the premium of a brand-new construction. The unfinished basement is a blank canvas for customization, appealing to those who want to add value and tailor the space to their needs. A thoughtful perspective is its strong performance in street-level rankings—often outperforming 96% of its direct neighbours in key metrics—which indicates a specific, high-demand location within Bridgwater Centre itself, not just the broader area.

Frequently Asked Questions

1. What is the significance of the property's high street and neighbourhood rankings?
These rankings compare the home directly to others on Park East Drive and in Bridgwater Centre. Ranking "better than 96%" in lot size and living area on its street indicates this is one of the larger properties in that specific row, offering more space and privacy than most direct neighbours.

2. The assessed value is listed at $42.80k, but it sold for $46.50k in 2023. Why the difference?
In Manitoba, the assessed value is for municipal tax purposes and is typically lower than market value. The 2023 sale price of $46.50k is the actual market transaction, giving a more accurate picture of the home's recent worth.

3. What does "BasementYes, not renovated" mean?
It confirms the home has a full basement, but it is unfinished. The space is there and can be developed, but it currently lacks finished walls, floors, and ceilings, presenting both a project and an opportunity.

4. There is no garage. Is there parking, and can one be built?
The listing specifies no garage, but the large lot (over 3,600 sqft) may allow for the future addition of a detached garage or paved parking pad, subject to local zoning and permit approvals.

5. The home is described as a "two-storey." What is the typical layout?
While exact room dimensions aren't provided, a two-storey in this context typically means living areas (kitchen, living, dining) on the main floor, with bedrooms and bathrooms located on the upper floor.