123 Charlottetown Road

Bridgwater Forest, Winnipeg

Property score

90.1

Excellent

Overall 90.1 · Compared with neighbourhood average

2,108 sqft (top 48%) · Built in 2010 (1 yr older than avg)

Located in a high-income area with median household income of ~109k

Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 2 place of worships nearby

Living Area

Near average

3% larger than neighborhood avg.

Year Built

Below average

1 yrs older than neighborhood avg.

Mother tongue

English · 43%Chinese · 22%

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

Sold Count

604

Median price

666k

$/sqft

$295/sqft

Avg build year

2011

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Property score

90.1 is composed by the two sections below.

Property Score

93.9Excellent
Living Area2,108 sqft94Excellent
Year Built201090Excellent
Lot Size17,021 sqft100Excellent
Neighbourhood Sales Activity89Excellent

Community Score

84.5Excellent
Household Income88Excellent
Education Level91Excellent
Housing Stress52Fair
Core Housing Need88Excellent
Employment Health83Excellent

Neighbourhood Sales

Bridgwater Forest

How to read: Share of sales in each ~$50k price band for “bridgwater forest” (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: #46111255

Community deep dive

$109K

Median household income

$224K

Average household income

15%

Low income (LIM-AT)

0.4

Income inequality (Gini)

5.1

P90 / P10 ratio

16%

Single-person households

41%

Families with children

Population, labour & age

Population (2021)5,076
Labour force participation rate74%
Median age33.6
Avg household size3.0
Unemployment rate8%
Population density3057 / km²

Households & income

Low income (LIM-AT, % pop.)15%
Single-person households16%
Couple families with children41%
Median household income (2020)$109K

Housing

Renter households23%
Condominium dwellings26%
Median dwelling value (owners)$552K

Diversity, education & language

Immigrants (share of pop.)44%
Visible minority60%
Bachelor's or higher (25–64)58%
Mother tongue (1st)English · 42%
Mother tongue (2nd)Chinese · 22%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
2,108 sqft
0255075100
Same streetTop 42%Same areaTop 48%CitywideTop 8%
Same street · Charlottetown Road
#16 / 38
Top 42% · Avg 1,945 sqft
Same area · Bridgwater Forest
#536 / 1,121
Top 48% · Avg 2,053 sqft
Citywide · Winnipeg
#16,172 / 194,458
Top 8% · Avg 1,342 sqft

Tax-Assessed Value

above average
619k
0255075100
Same streetTop 21%Same areaBottom 48%CitywideTop 7%
Same street · Charlottetown Road
#8 / 38
Top 21% · Avg 580.2k
Same area · Bridgwater Forest
#587 / 1,121
Bottom 48% · Avg 684.1k
Citywide · Winnipeg
#13,089 / 194,458
Top 7% · Avg 390.1k

Year Built

above average
2010
0255075100
Same streetBottom 5%Same areaBottom 33%CitywideTop 11%

Lot Size

Elite
17,021 sqft
0255075100
Same streetTop 3%Same areaTop 1%CitywideTop 2%

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

123 Charlottetown Road — 2 amenities found within 500 m, across 1 categories.

Search radius
Worship2

Crime & Safety

Bridgwater Forest · WPS public data · 2026

Annual incidents

7

2026

vs. city avg

-76%

relative to avg

Year-over-year

-91%

vs. prior year

Primary type

Property

100%

Sales History

Sold 7/2023CA$700k–750k
Sold price

Same street

Top 6%

Same area

Top 17%

City-wide

Top 3%
Sold 7/2019CA$600k–650k
Sold price

Same street

Top 24%

Same area

Top 34%

City-wide

Top 5%

Related homes

Highlights & common questions: 123 Charlottetown Road, Winnipeg

Property Overview & Appeal

This two-storey home in Bridgwater Forest is defined by its exceptionally large, private lot—over 17,000 square feet—which ranks in the top tier for size both locally and citywide. Built in 2010, the home itself offers over 2,100 square feet of living space with an attached garage and an unfinished basement, presenting a solid canvas for personalization. Its primary appeal lies in the rare combination of a modern suburban home in a sought-after neighbourhood with a land parcel that feels more expansive and established than typical newer subdivisions. The property’s strong and consistent value history, with sold prices significantly above assessed value, indicates a desirable location and solid investment.

This home would suit buyers who prioritize outdoor space and future potential over immediate turn-key perfection. It’s ideal for a family seeking room for play, gardens, or future additions, or for a value-conscious buyer willing to renovate the basement and updates over time to build equity. The lot offers a less obvious benefit: privacy and a sense of retreat that’s hard to find in homes of this era, making it stand out from nearby properties.


Frequently Asked Questions

1. How does the lot size compare to others in the area?
The lot is exceptionally large at 17,021 sqft, ranking better than 99% of properties in the Bridgwater Forest neighbourhood and 98% across Winnipeg. It is a defining feature of this property.

2. What is the condition of the basement?
The basement is noted as "not renovated," meaning it is unfinished. This presents a blank slate for future development to suit a buyer's needs.

3. Has the property value increased over time?
Yes. The home sold for $63,700 in 2019 and then for $72,800 in 2023, demonstrating notable value growth over a four-year period.

4. Is the home older than others on the street?
At 16 years old (built 2010), it is among the older homes on Charlottetown Road, ranking newer than only 5% of houses on the same street. This suggests the street has developed with newer homes around it.

5. How does the living space compare to the nearby reference property?
This home has 2,108 sqft of living area, which is moderately less than the reference property at 51 Charlottetown Road (2,375 sqft), but it sits on a significantly larger lot.

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