409 Moorgate Street

Deer Lodge, Winnipeg

Property score

60.5

Fair

Overall 60.5 · Smaller but newer than most nearby homes

960 sqft (bottom 24%) · Built in 1951 (8 yrs newer than avg)

Located in a high-income area with median household income of ~100k

Transit 76.0 · 1-min walk to transit with 1 nearby route · Within 500m: 2 dining spots, 1 healthcare facility, 1 shop, and 1 park nearby

Living Area

Below average

20% smaller than neighborhood avg.

Year Built

Above average

8 yrs newer than neighborhood avg.

Mother tongue

English · 84%French · 5%

Past 10 years Deer Lodge sales snapshot (~80% of all data)

Sold Count

566

Median price

400k

$/sqft

$317/sqft

Avg build year

1943

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Property score

60.5 is composed by the two sections below.

Property Score

45.3Low
Living Area960 sqft42Low
Year Built195136Low
Lot Size5,614 sqft74Good
Neighbourhood Sales Activity37Low

Community Score

83.4Excellent
Household Income85Excellent
Education Level63Fair
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

Deer Lodge

How to read: Share of sales in each ~$50k price band for “deer lodge” (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: #46110267

Community deep dive

$100K

Median household income

$118K

Average household income

2%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.5

P90 / P10 ratio

23%

Single-person households

29%

Families with children

Population, labour & age

Population (2021)416
Labour force participation rate73%
Median age36.0
Avg household size2.5
Unemployment rate3%
Population density2773 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households23%
Couple families with children29%
Median household income (2020)$100K

Housing

Renter households58%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)3%
Visible minority6%
Bachelor's or higher (25–64)32%
Mother tongue (1st)English · 84%
Mother tongue (2nd)French · 4%

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

Rankings

Living Area

below average
960 sqft
0255075100
Same streetBottom 10%Same areaBottom 24%CitywideBottom 22%
Same street · Moorgate Street
#96 / 107
Bottom 10% · Avg 1,241 sqft
Same area · Deer Lodge
#1,130 / 1,495
Bottom 24% · Avg 1,197 sqft
Citywide · Winnipeg
#150,758 / 194,458
Bottom 22% · Avg 1,342 sqft

Tax-Assessed Value

above average
350k
0255075100
Same streetTop 17%Same areaTop 17%CitywideBottom 46%
Same street · Moorgate Street
#18 / 107
Top 17% · Avg 325.4k
Same area · Deer Lodge
#260 / 1,495
Top 17% · Avg 312.8k
Citywide · Winnipeg
#104,540 / 194,458
Bottom 46% · Avg 390.1k

Year Built

Elite
1951
0255075100
Same streetTop 1%Same areaTop 14%CitywideBottom 29%

Lot Size

Elite
5,614 sqft
0255075100
Same streetTop 3%Same areaTop 26%CitywideTop 40%

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

409 Moorgate Street — 10 amenities found within 500 m, across 6 categories, including 2 dining (nearest 375 m), 1 healthcare (nearest 266 m), 1 shopping (nearest 430 m).

Search radius
🍽️Dining2
🏥Healthcare1
🛒Shopping1
🌳Parks1
💪Sports3
Worship2

Crime & Safety

Deer Lodge · WPS public data · 2026

Annual incidents

7

2026

vs. city avg

-76%

relative to avg

Year-over-year

-97%

vs. prior year

Primary type

Property

43%

Sales History

Sold 10/2017CA$250k–300k
Sold price

Same street

Bottom 8%

Same area

Bottom 26%

City-wide

Bottom 24%

Related homes

Highlights & common questions: 409 Moorgate Street, Winnipeg

Property Overview: 409 Moorgate Street, Winnipeg

Key Characteristics & Appeal

This one-storey home in Deer Lodge presents a compelling mix of modest living space and valuable land. At 960 sq ft, the house itself is smaller than most in the immediate area, city, and neighborhood. However, its true standout feature is the generous 5,614 sq ft lot, which ranks among the top 3% on its street. This creates a clear opportunity: the home is situated on a premium parcel of land for its location.

The property’s assessed value of $350k is notably above average for both Moorgate Street and Deer Lodge, suggesting the lot size and potential are key drivers of its worth. A renovated basement adds functional living space. The home is also historically one of the newer builds on its street, constructed in 1951.

Its appeal lies in this land-to-building ratio. It perfectly suits a buyer who values outdoor space for gardening, family play, or future expansion more than a large existing footprint. It could be an ideal fit for a first-time buyer or downsizer looking for a manageable home in a well-established neighborhood without sacrificing yard space, or for an investor who sees long-term value in the land itself.

Frequently Asked Questions

1. Is the house too small for the price?
The price reflects the land value as much as the house. You are purchasing a larger-than-average lot in the neighborhood, which is a significant part of the property's assessed value and future potential.

2. What does "renovated basement" include?
Specific details on the renovation's scope, permits, and finish quality should be verified with the listing agent, as this can vary widely from cosmetic updates to full legal suite conversions.

3. How does the last sale price in 2017 relate to the current assessment?
The 2017 sale at $253k and the current $350k assessment indicate market growth, but the assessment is for taxation purposes. A professional appraisal or comparative market analysis is needed to determine today's fair market value.

4. What is the condition of the detached garage?
The listing confirms a detached garage exists, but its size, condition, and electrical service are important details to inspect, as it can be a major asset for storage or projects.

5. Are there any development restrictions on the large lot?
While the lot size offers potential, local zoning bylaws in Deer Lodge will dictate what can be built (e.g., additions, garage suites, or new construction). Checking with the City of Winnipeg’s planning department is a crucial step for anyone considering major changes.

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