2 Montpelier Point

Bridgwater Lakes, Winnipeg

Property score

89.8

Excellent

Overall 89.8 · Newer than most nearby homes

2,008 sqft (top 49%) · Built in 2021 (6 yrs newer than avg)

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

Transit 64.0 · 7-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 shop, 1 bank/ATM, and 1 fuel station nearby

Living Area

Near average

0% smaller than neighborhood avg.

Year Built

Above average

6 yrs newer than neighborhood avg.

Mother tongue

English · 40%Chinese · 21%

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

Sold Count

738

Median price

647.5k

$/sqft

$319/sqft

Avg build year

2015

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Property score

89.8 is composed by the two sections below.

Property Score

94.6Excellent
Living Area2,008 sqft94Excellent
Year Built2021100Excellent
Lot Size9,933 sqft95Excellent
Neighbourhood Sales Activity79Good

Community Score

82.5Excellent
Household Income86Excellent
Education Level91Excellent
Housing Stress42Low
Core Housing Need88Excellent
Employment Health83Excellent

Neighbourhood Sales

Bridgwater Lakes

How to read: Share of sales in each ~$50k price band for “bridgwater lakes” (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
2,008 sqft
0255075100
Same streetBottom 20%Same areaTop 49%CitywideTop 11%
Same street · Montpelier Point
#4 / 5
Bottom 20% · Avg 2,383 sqft
Same area · Bridgwater Lakes
#580 / 1,191
Top 49% · Avg 2,018 sqft
Citywide · Winnipeg
#20,705 / 194,458
Top 11% · Avg 1,342 sqft

Tax-Assessed Value

Elite
845k
0255075100
Same streetBottom 1%Same areaTop 13%CitywideTop 2%
Same street · Montpelier Point
#5 / 5
Bottom 1% · Avg 1.34M
Same area · Bridgwater Lakes
#155 / 1,191
Top 13% · Avg 688.3k
Citywide · Winnipeg
#3,618 / 194,458
Top 2% · Avg 390.1k

Year Built

Elite
2021
0255075100
Same streetTop 20%Same areaTop 1%CitywideTop 2%

Lot Size

above average
9,933 sqft
0255075100
Same streetBottom 1%Same areaTop 11%CitywideTop 6%

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

2 Montpelier Point — 6 amenities found within 500 m, across 5 categories, including 1 dining (nearest 496 m), 1 shopping (nearest 433 m).

Search radius
🍽️Dining1
🛒Shopping1
🏦Finance1
Fuel Stations1
Worship2

Crime & Safety

Bridgwater Lakes · WPS public data · 2026

Annual incidents

2

2026

vs. city avg

-93%

relative to avg

Year-over-year

-96%

vs. prior year

Primary type

Other

50%

Sales History

Sold 12/2021CA$750k–800k
Sold price

Same street

Bottom 1%

Same area

Top 8%

City-wide

Top 2%

Related homes

Highlights & common questions: 2 Montpelier Point, Winnipeg

Property Summary: 2 Montpelier Point, Bridgwater Lakes

Section 1: Key Characteristics & Appeal

This is a modern, single-storey home built in 2021, situated on a very large lot in the popular Bridgwater Lakes community. Its key appeal lies in the combination of a newer build with a generous, private land area—a pairing that is increasingly rare. The home features a renovated basement and an attached garage.

The property’s standout feature is its land size. At nearly 10,000 sqft, the lot is significantly larger than most in Winnipeg, ranking in the top 6% city-wide. This offers exceptional outdoor potential for gardening, recreation, or future expansion. While the living space is comfortably sized, the home’s true value proposition is the land it sits on.

This property would best suit buyers who prioritize outdoor space and a modern foundation over sheer interior square footage. It’s ideal for a growing family seeking room to play, for someone with a passion for landscaping, or for a buyer thinking long-term about the value of a substantial lot in a well-regarded, newer neighbourhood. The renovated basement also adds immediate functional space for a home office, gym, or guest suite.

Section 2: Frequently Asked Questions

1. Is the large lot size typical for Bridgwater Lakes?
No, it is exceptional. This lot ranks better than 89% of properties in the neighbourhood for size, making it a notable standout on the street and in the area.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the finishes or layout. A buyer should inquire about the scope of work, permits, and the current use of the space to understand its condition fully.

3. How does the assessed value compare to the last sale price?
The current assessed value is $84,500, while it last sold in December 2021 for $79,500. This indicates a stable, modest increase in line with market trends over that period.

4. The home ranks low on its street for "Living Area." Should I be concerned?
This ranking reflects that other homes on Montpelier Point have larger interior square footage. It highlights that this property’s primary advantage is its land, not its floor plan size. Buyers seeking expansive interiors may find the home modest, but those valuing lot size will see it differently.

5. Are the property rankings reliable for comparison?
The rankings provide a helpful, data-driven snapshot against immediate neighbours and the wider city. They clearly show this home’s lot size is its dominant strength, while other features like living space are more average for the area. They are a useful starting point for focused inquiries.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.