251 Park East Drive

Bridgwater Centre, Winnipeg

Property score

82.6

Excellent

Overall 82.6 · Larger but older than most nearby homes

1,451 sqft (top 13%) · Built in 2017 (3 yrs older than avg)

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

Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, and 1 sports facility nearby

Living Area

Above average

39% larger than neighborhood avg.

Year Built

Below average

3 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

82.6 is composed by the two sections below.

Property Score

82.7Excellent
Living Area75
1,451 sqftGood
Year Built97
2017Excellent
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” (Condos, 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
1,451 sqft
0255075100
Same streetTop 16%Same areaTop 13%CitywideTop 11%
Same street · Park East Drive
#25 / 160
Top 16% · Avg 1,069 sqft
Same area · Bridgwater Centre
#49 / 380
Top 13% · Avg 1,044 sqft
Citywide · Winnipeg
#2,882 / 26,841
Top 11% · Avg 1,042 sqft

Tax-Assessed Value

Elite
450k
0255075100
Same streetTop 19%Same areaTop 14%CitywideTop 5%
Same street · Park East Drive
#31 / 160
Top 19% · Avg 318.2k
Same area · Bridgwater Centre
#54 / 380
Top 14% · Avg 318.3k
Citywide · Winnipeg
#1,381 / 26,841
Top 5% · Avg 256.1k

Year Built

above average
2017
0255075100
Same streetBottom 12%Same areaBottom 9%CitywideTop 11%

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

251 Park East Drive — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 340 m).

Search radius
🍽️Dining1
💪Sports1

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 8/2024CA$450k–500k
Sold price

Same street

Top 6%

Same area

Top 5%

City-wide

Top 3%
Sold 7/2021CA$400k–450k
Sold price

Same street

Top 13%

Same area

Top 12%

City-wide

Top 7%

Related homes

Highlights & common questions: 251 Park East Drive, Winnipeg

Property Overview: 251 Park East Drive, Bridgwater Centre

Key Characteristics & Appeal

This well-situated home in the popular Bridgwater Centre neighbourhood presents a compelling opportunity. Built in 2017, it offers modern construction with nearly a decade of established community growth. The 1,451 sqft layout includes a basement, providing space for future customization.

The primary appeal lies in its strong positional value within a highly sought-after area. The property ranks in the top tier for its street, neighbourhood, and city in terms of lot size, indicating a premium location within Bridgwater Centre. Its recent sale in August 2024 suggests a current, market-tested value. This home suits buyers looking for a move-in ready, modern property in a top-ranked suburban community, particularly those who value a blank-canvas basement to finish according to their own needs and timeline. It’s also a sensible choice for buyers attentive to investment metrics, as the data shows consistent value appreciation since its last sale in 2021.

Frequently Asked Questions

1. What does the ranking data (e.g., "Top 1% on street") actually mean?
This percentile ranking compares this specific property against all others on the same street, in Bridgwater Centre, and across Winnipeg for metrics like land area and assessed value. For example, being in the top 1% for land area on its street means it has a larger lot than 99% of its immediate neighbours, a significant advantage.

2. Is the basement finished?
The listing explicitly states the basement exists but is "not renovated." Buyers should budget and plan for finishing this space to suit their needs.

3. The home just sold in August 2024. Why is it back on the market?
While the specific reason isn't listed, a quick resale can sometimes relate to a change in the buyer's personal circumstances, an investor flipping the property, or a assignment sale. Your real estate agent can help inquire about the specific situation.

4. How does the assessed value compare to the recent sale price?
The city's assessed value is $450k, while the home sold for $475k in August 2024. This difference is common, as assessed values are for taxation and often lag behind dynamic market sale prices, which reflect what buyers are currently willing to pay.

5. What are the comparable homes in the area like?
The listed "People also viewed" homes show similar properties in Bridgwater Centre and nearby Waverley West, with a range of sizes and values. This home sits at a mid-point, offering a balance between the more established, higher-value homes on larger lots and the newer, sometimes smaller lots in adjacent subdivisions.