Property score
57.1
Fair
Overall 57.1 · Compared with neighbourhood average
910 sqft (bottom 33%) · Built in 1956 (1 yr older than avg)
Located in a above-average income area with median household income of ~65k
Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 6 dining spots, 1 school, 1 healthcare facility, and 4 shops nearby
Living Area
Below average
14% smaller than neighborhood avg.
Year Built
Near average
1 yrs older than neighborhood avg.
Mother tongue
English · 49%Punjabi · 9%
Past 10 years Grant Park sales snapshot (~80% of all data)
126
360k
$315/sqft
1957
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57.1 is composed by the two sections below.
Property Score
Community Score
Grant Park
How to read: Share of sales in each ~$50k price band for “grant park” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110429
$65K
Median household income
$74K
Average household income
19%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.7
P90 / P10 ratio
22%
Single-person households
24%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
502 Wilton Bay — 15 amenities found within 500 m, across 7 categories, including 6 dining (nearest 304 m), 1 education (nearest 330 m), 1 healthcare (nearest 275 m).
Grant Park · WPS public data · 2026
Annual incidents
16
2026
vs. city avg
-46%
relative to avg
Year-over-year
▼ -97%
vs. prior year
Primary type
Property
63%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 41% | Top 35% | Top 49% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 35% | Bottom 43% | Bottom 39% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 502 Wilton Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home in the established Grant Park neighbourhood, built in 1956. With 910 sqft of living space, it is notably smaller than many homes on its own street but offers a recently renovated basement, increasing its functional space. The lot is a generous 5,204 sqft, providing ample outdoor room for a home of this size—a valuable asset in the neighbourhood. A detached garage completes the picture.
The primary appeal lies in its position as a relatively affordable entry point into a mature area. The renovated basement adds modern utility to a vintage structure, making it a practical, low-maintenance option. The large lot offers significant potential for gardening, expansion, or simply enjoying private outdoor space that is rare for homes at this price point.
This property would suit first-time buyers, downsizers, or investors seeking a character home with a solid foundation and a manageable footprint. It’s for someone who values location and land size over a large interior and sees potential in a home that is efficient and grounded.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to the area?
At 910 sqft, the living area is below average for Wilton Bay but closer to the average for the broader Grant Park area. This smaller size is a key factor in its more accessible price point for the neighbourhood.
2. What does the assessed value indicate?
The assessed value is significantly below average for both the street and Grant Park, but near the citywide average. This often reflects the home’s smaller size and vintage, not necessarily its condition or desirability, and can represent a value opportunity in a sought-after location.
3. Is the large lot a common feature here?
Yes and no. The lot is above average in size for Grant Park, but closer to average for the specific street and citywide. For this particular home, the lot is a standout feature, offering disproportionate outdoor space relative to the house itself.
4. The home sold recently in 2023 and 2021. What does that suggest?
The recent sales activity indicates a property that is likely in livable condition and attractive to the market. It may appeal to buyers looking for a home that doesn’t require a long-term hold to see market movement.
5. Who might this home not suit?
It may not suit buyers who prioritize abundant above-ground living space or a modern open-concept layout. The one-storey design with a smaller main-floor footprint requires efficient use of space, including the renovated basement, for comfortable daily living.
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