118 Shore Street

Fairfield Park, Winnipeg

Property score

74.8

Good

Overall 74.8 · Smaller but newer than most nearby homes

1,527 sqft (bottom 24%) · Built in 2007 (2 yrs newer than avg)

Located in a above-average income area with median household income of ~64.5k

Transit 92.0 · 5-min walk to transit with 5 nearby routes · Within 500m: 14 dining spots, 3 healthcare facilitys, 1 shop, and 2 bank/ATMs nearby

Living Area

Below average

19% smaller than neighborhood avg.

Year Built

Above average

2 yrs newer than neighborhood avg.

Mother tongue

English · 41%Chinese · 30%

Past 10 years Fairfield Park sales snapshot (~80% of all data)

Sold Count

216

Median price

820k

$/sqft

$344/sqft

Avg build year

2005

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Property score

74.8 is composed by the two sections below.

Property Score

80.2Excellent
Living Area1,527 sqft79Good
Year Built200790Excellent
Lot Size5,040 sqft67Good
Neighbourhood Sales Activity96Excellent

Community Score

66.8Good
Household Income66Good
Education Level91Excellent
Housing Stress20Low
Core Housing Need76Good
Employment Health60Fair

Neighbourhood Sales

Fairfield Park

How to read: Share of sales in each ~$50k price band for “fairfield park” (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: #46111254

Community deep dive

$65K

Median household income

$81K

Average household income

28%

Low income (LIM-AT)

0.3

Income inequality (Gini)

7.8

P90 / P10 ratio

24%

Single-person households

18%

Families with children

Population, labour & age

Population (2021)2,340
Labour force participation rate65%
Median age29.6
Avg household size2.5
Unemployment rate11%
Population density3000 / km²

Households & income

Low income (LIM-AT, % pop.)28%
Single-person households24%
Couple families with children18%
Median household income (2020)$65K

Housing

Renter households46%
Condominium dwellings72%
Median dwelling value (owners)$352K

Diversity, education & language

Immigrants (share of pop.)34%
Visible minority68%
Bachelor's or higher (25–64)55%
Mother tongue (1st)English · 40%
Mother tongue (2nd)Chinese · 29%

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

Rankings

Living Area

above average
1,527 sqft
0255075100
Same streetTop 26%Same areaBottom 24%CitywideTop 29%
Same street · Shore Street
#8 / 31
Top 26% · Avg 1,450 sqft
Same area · Fairfield Park
#334 / 439
Bottom 24% · Avg 1,878 sqft
Citywide · Winnipeg
#56,234 / 194,458
Top 29% · Avg 1,342 sqft

Tax-Assessed Value

above average
497k
0255075100
Same streetTop 42%Same areaBottom 17%CitywideTop 20%
Same street · Shore Street
#13 / 31
Top 42% · Avg 484.6k
Same area · Fairfield Park
#365 / 439
Bottom 17% · Avg 568k
Citywide · Winnipeg
#39,343 / 194,458
Top 20% · Avg 390.1k

Year Built

above average
2007
0255075100
Same streetTop 23%Same areaTop 23%CitywideTop 13%

Lot Size

above average
5,040 sqft
0255075100
Same streetTop 13%Same areaBottom 23%CitywideBottom 46%

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

118 Shore Street — 23 amenities found within 500 m, across 6 categories, including 14 dining (nearest 83 m), 3 healthcare (nearest 130 m), 1 shopping (nearest 356 m).

Search radius
🍽️Dining14
🏥Healthcare3
🛒Shopping1
🏦Finance2
Fuel Stations1
Worship2

Crime & Safety

Fairfield Park · WPS public data · 2026

Annual incidents

12

2026

vs. city avg

-59%

relative to avg

Year-over-year

-96%

vs. prior year

Primary type

Property

83%

Sales History

Sold 6/2022CA$450k–500k
Sold price

Same street

Top 44%

Same area

Bottom 31%

City-wide

Top 17%

Related homes

Highlights & common questions: 118 Shore Street, Winnipeg

Property Overview

This two-storey home at 118 Shore Street in Winnipeg's Fairfield Park neighbourhood presents a practical and well-situated offering. Built in 2007, it features 1,527 sqft of living space, an attached garage, and a renovated basement. The property sits on a 5,040 sqft lot, which is notably larger than most on its street.

Its appeal lies in its relative modernity compared to the city's older housing stock and its efficient use of space, offering above-average square footage for both the street and the city overall. The renovated basement adds immediate functional space without the need for a project. A thoughtful perspective is that while the home's assessed value is below average for Fairfield Park, it is above average city-wide, suggesting it may represent a value-conscious entry into a neighbourhood with a wide range of property values. It last sold in June 2022 for $490,000.

This home would suit first-time buyers or small families looking for a move-in-ready property with modern fundamentals and room to grow, especially those who prioritize a newer build and extra lot size over being in the upper tier of the immediate neighbourhood's market.


Frequently Asked Questions

How does this home compare in size to others nearby?
At 1,527 sqft, the living area is above average for both Shore Street and the city of Winnipeg as a whole, though it is below the average for the broader Fairfield Park area.

What is the significance of the lot size?
The 5,040 sqft lot is a standout feature for this street, ranking in the top 13% locally. This offers more outdoor space than most direct neighbours, which is a less common find in newer subdivisions.

Is the assessed value a good indicator of the likely sale price?
Not directly. The municipal assessed value is $49,700 for taxation purposes. The home last sold for $490,000 in 2022, which is the more relevant market benchmark. The low assessment relative to sale price is common and does not reflect market value.

What does "renovated basement" typically include?
While specifics should be verified, this generally means the basement is finished as livable space (e.g., drywalled, with flooring and a ceiling), and may include a recreation room, bedroom, or bathroom. It indicates the space is ready for use, not a raw utility area.

How does the year built affect this property?
Built in 2007, the home is newer than roughly 87% of Winnipeg's housing stock. This often translates to modern building codes, wiring, plumbing, and insulation, potentially reducing immediate repair costs compared to much older homes.

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