Property score
57.1
Fair
Overall 57.1 · Compared with neighbourhood average
936 sqft (bottom 43%) · 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: 5 dining spots, 1 school, 1 healthcare facility, and 4 shops nearby
Living Area
Near average
12% 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
562 Wilton Bay — 14 amenities found within 500 m, across 7 categories, including 5 dining (nearest 327 m), 1 education (nearest 326 m), 1 healthcare (nearest 305 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 | Bottom 24% | Bottom 36% | Bottom 35% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 562 Wilton Bay, Grant Park, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home in Winnipeg's established Grant Park neighbourhood. Its key characteristics include a 936 sqft living area, a renovated basement, a detached garage, and a notably large 5,183 sqft lot for the area. Built in 1956, it is newer than many homes on its street.
The primary appeal lies in its balance of location, lot size, and value. While the house itself is modest in size, the generous lot presents a significant opportunity for gardening, expansion, or future development. The renovated basement adds functional living space. Its assessed value is positioned below average for the immediate street but is aligned with broader area averages, suggesting it may offer relative value within a desirable location.
This property would suit first-time buyers or downsizers seeking a manageable home in a mature neighbourhood without a sprawling yard to maintain. It’s also a potential fit for a value-conscious buyer or investor who sees long-term potential in the substantial lot size, whether for personal use or as a future asset.
Section 2: Frequently Asked Questions
1. Is the house too small?
At 936 sqft, the living area is below average for the street and city. However, the renovated basement provides additional finished space, making the total usable area more comfortable for a small household or couple.
2. Why is the assessed value lower than neighbours on the same street?
The assessment is likely influenced by the home's smaller size and older style compared to larger or more updated homes on Wilton Bay. This can represent a value entry point into the street and neighbourhood.
3. What can I do with such a large lot?
The lot is a standout feature. It offers ample space for a large garden, recreational area, or storage. It also provides a valuable buffer from neighbours and future potential for additions, subject to local zoning.
4. How does the recent sale price compare?
Public records indicate it last sold in late 2022 for an estimated range of $265k-$295k. For the exact sale price, you can request it via email from the listing source.
5. What is the neighbourhood like?
Grant Park is a long-established, central neighbourhood known for its tree-lined streets, proximity to the Grant Park shopping centre, and convenient access to major routes. This home offers a quiet, residential setting within that context.
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