40 Stormont Drive

Cloutier Drive, Winnipeg

Property score

89.0

Excellent

Overall 89.0 · Compared with neighbourhood average

2,911 sqft (top 31%) · Built in 1990 (2 yrs newer than avg)

Located in a high-income area with median household income of ~101k

Transit 34.0 · 20-min walk to transit with 1 nearby route · Within 500m: 1 park nearby

Living Area

Near average

10% larger than neighborhood avg.

Year Built

Near average

2 yrs newer than neighborhood avg.

Mother tongue

English · 71%French · 11%

Past 10 years Cloutier Drive sales snapshot (~80% of all data)

Sold Count

17

Median price

825k

$/sqft

$262/sqft

Avg build year

1988

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Property score

89.0 is composed by the two sections below.

Property Score

94.0Excellent
Living Area98
2,911 sqftExcellent
Year Built78
1990Good
Lot Size100
20,004 sqftExcellent
Neighbourhood Sales Activity92
Excellent

Community Score

81.5Excellent
Household Income85
Excellent
Education Level82
Excellent
Housing Stress74
Good
Core Housing Need100
Excellent
Employment Health52
Fair

Neighbourhood Sales

Cloutier Drive

How to read: Share of sales in each ~$50k price band for “cloutier drive” (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: #46110965

Community deep dive

$101K

Median household income

$172K

Average household income

7%

Low income (LIM-AT)

0.4

Income inequality (Gini)

4.4

P90 / P10 ratio

27%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)723
Labour force participation rate52%
Median age58.4
Avg household size2.3
Unemployment rate5%
Population density551 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households27%
Couple families with children21%
Median household income (2020)$101K

Housing

Renter households11%
Condominium dwellings48%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority11%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 70%
Mother tongue (2nd)French · 11%

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

Rankings

Living Area

Elite
2,911 sqft
0255075100
Same streetTop 38%Same areaTop 31%CitywideTop 1%
Same street · Stormont Drive
#5 / 13
Top 38% · Avg 2,930 sqft
Same area · Cloutier Drive
#21 / 67
Top 31% · Avg 2,648 sqft
Citywide · Winnipeg
#2,324 / 194,458
Top 1% · Avg 1,342 sqft

Tax-Assessed Value

Elite
895k
0255075100
Same streetBottom 38%Same areaTop 40%CitywideTop 2%
Same street · Stormont Drive
#8 / 13
Bottom 38% · Avg 989k
Same area · Cloutier Drive
#27 / 67
Top 40% · Avg 919.4k
Citywide · Winnipeg
#2,960 / 194,458
Top 2% · Avg 390.1k

Year Built

above average
1990
0255075100
Same streetTop 46%Same areaTop 42%CitywideTop 22%

Lot Size

Elite
20,004 sqft
0255075100
Same streetBottom 1%Same areaBottom 24%CitywideTop 1%

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

40 Stormont Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 425 m).

Search radius
🌳Parks1

Crime & Safety

Cloutier Drive · WPS public data · 2025

Annual incidents

10

2025

vs. city avg

-66%

relative to avg

Year-over-year

▲ +25%

vs. prior year

Primary type

Property

90%

Sales History

Sold 9/2020CA$750k–800k
Sold price

Same street

Bottom 33%

Same area

Bottom 41%

City-wide

Top 2%

Related homes

Highlights & common questions: 40 Stormont Drive, Winnipeg

Property Overview: 40 Stormont Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home, built in 1990, presents a compelling opportunity defined by its exceptional land size. Sitting on just under half an acre (20,004 sqft), the property offers a level of privacy and space that is rare within Winnipeg city limits, placing it in the top 1% of homes city-wide for lot size. The house itself is spacious at over 2,900 sqft of living area, which is also significantly above the city average. It features an attached garage and a basement (not renovated), providing ample room for storage, hobbies, or future expansion.

The primary appeal lies in its land value and potential. While the home may benefit from updates, the lot represents a long-term asset in a mature neighbourhood. It suits buyers looking for a spacious family home with room for gardens, play, or additions, as well as value-oriented purchasers or builders who see the underlying land value and are prepared to invest in renovations over time. It’s a property for those who prioritize space and future potential over immediate move-in perfection.

Section 2: Frequently Asked Questions

1. Why is the assessed value significantly different from the sale price?
The assessed value is used for municipal tax purposes and may not reflect current market conditions or the specific state of the property. The 2020 sale price is a historical data point; a current market evaluation would be needed for today's value.

2. What does the lot size ranking mean practically?
Ranking in the top 1% city-wide for land area means this is one of the largest standard residential lots in Winnipeg. It offers uncommon space for privacy, landscaping, outdoor activities, or potential future structures like a large garage or workshop, compared to the typical city lot.

3. Is the neighbourhood consistent with this property's characteristics?
The data shows that within its immediate Cloutier Drive area, this home’s lot size is actually below average for that specific locale, which is known for very large properties. This suggests you are buying into an established area where expansive lots are the norm, offering a cohesive upscale streetscape.

4. What might "basement, not renovated" imply?
This typically indicates the basement is functional but may have original finishes from 1990. It presents both a blank canvas for customization and a consideration for any immediate budget, as creating finished living space would require a separate investment.

5. How does the year built affect this home?
Built in 1990, the home is newer than over 75% of Winnipeg houses, meaning major components like wiring and plumbing are likely modern. However, it is now at an age where some original appliances, roofs, or systems may be nearing the end of their service life and should be inspected.