180 Dockside Way

Island Lakes, Winnipeg

Property score

76.8

Good

Overall 76.8 · Smaller but newer than most nearby homes

1,220 sqft (bottom 12%) · Built in 2002 (7 yrs newer than avg)

Located in a high-income area with median household income of ~148k

Transit 62.0 · 4-min walk to transit with 1 nearby route · Within 500m: 1 school, and 2 parks nearby

Living Area

Below average

25% smaller than neighborhood avg.

Year Built

Above average

7 yrs newer than neighborhood avg.

Mother tongue

English · 70%French · 6%

Past 10 years Island Lakes sales snapshot (~80% of all data)

Sold Count

654

Median price

580k

$/sqft

$348/sqft

Avg build year

1995

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Property score

76.8 is composed by the two sections below.

Property Score

67.6Good
Living Area1,220 sqft66Good
Year Built200287Excellent
Lot Size4,872 sqft60Fair
Neighbourhood Sales Activity32Low

Community Score

90.5Excellent
Household Income93Excellent
Education Level82Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

Island Lakes

How to read: Share of sales in each ~$50k price band for “island lakes” (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: #46111205

Community deep dive

$148K

Median household income

$155K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

10%

Single-person households

50%

Families with children

Population, labour & age

Population (2021)1,773
Labour force participation rate72%
Median age43.6
Avg household size3.1
Unemployment rate5%
Population density2906 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households10%
Couple families with children50%
Median household income (2020)$148K

Housing

Renter households1%
Condominium dwellings8%
Median dwelling value (owners)$448K

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority24%
Bachelor's or higher (25–64)46%
Mother tongue (1st)English · 70%
Mother tongue (2nd)French · 5%

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

Rankings

Living Area

around average
1,220 sqft
0255075100
Same streetBottom 2%Same areaBottom 12%CitywideTop 48%
Same street · Dockside Way
#49 / 50
Bottom 2% · Avg 1,818 sqft
Same area · Island Lakes
#1,858 / 2,119
Bottom 12% · Avg 1,635 sqft
Citywide · Winnipeg
#93,750 / 194,458
Top 48% · Avg 1,342 sqft

Tax-Assessed Value

above average
473k
0255075100
Same streetBottom 10%Same areaBottom 40%CitywideTop 24%
Same street · Dockside Way
#45 / 50
Bottom 10% · Avg 574.6k
Same area · Island Lakes
#1,261 / 2,119
Bottom 40% · Avg 494.7k
Citywide · Winnipeg
#47,341 / 194,458
Top 24% · Avg 390.1k

Year Built

above average
2002
0255075100
Same streetBottom 20%Same areaTop 26%CitywideTop 17%

Lot Size

around average
4,872 sqft
0255075100
Same streetBottom 42%Same areaBottom 27%CitywideBottom 41%

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

180 Dockside Way — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 292 m), 2 parks (nearest 276 m).

Search radius
🏫Education1
🌳Parks2

Crime & Safety

Island Lakes · WPS public data · 2026

Annual incidents

3

2026

vs. city avg

-90%

relative to avg

Year-over-year

-97%

vs. prior year

Primary type

Violent

67%

Sales History

Sold 9/2024CA$450k–500k
Sold price

Same street

Bottom 47%

Same area

Top 38%

City-wide

Top 20%
Sold 7/2017CA$350k–400k
Sold price

Same street

Bottom 1%

Same area

Bottom 19%

City-wide

Top 40%

Related homes

Highlights & common questions: 180 Dockside Way, Winnipeg

Property Overview: 180 Dockside Way, Island Lakes, Winnipeg

Key Characteristics & Appeal

This is a well-maintained, single-storey home built in 2002, offering 1,220 square feet of living space with a renovated basement and an attached garage. Its core appeal lies in its balance of manageability and value. While the home is notably smaller than most on its street and in the Island Lakes neighbourhood, it presents an efficient layout that suits downsizers, first-time buyers, or those seeking a lower-maintenance property without leaving a desirable, established area.

The data reveals a thoughtful perspective: this home is a relative standout in terms of assessed value city-wide, ranking in the top 24%. This suggests it represents solid intrinsic value compared to the broader Winnipeg market, even if it's a more modest offering within its immediate, affluent surroundings. The lot size is manageable at just under 5,000 square feet, aligning with the home's overall theme of easy upkeep. The recent sale in late 2024 indicates a refreshed and move-in-ready condition. It best suits buyers who prioritize location and value over sheer size, and who appreciate a renovated, single-level living space in a mature community.

Frequently Asked Questions

1. How does the size of this home compare to others in the area?
It is significantly smaller than the average home on Dockside Way and in the wider Island Lakes neighbourhood. This is a key factor to consider if space is a primary need, but it also contributes to the home's manageability and likely its price point within this area.

2. What does the "above average" city-wide assessed value ranking mean?
This indicates that, compared to all residential properties in Winnipeg, this home's official assessed value is higher than most (in the top 24%). This can reflect a combination of factors like the desirable Island Lakes location, the home's condition, and recent renovations, suggesting it holds strong fundamental value in the broader market context.

3. Is the basement development included in the listed living area?
No, the 1,220 sqft living area refers to the above-grade footprint. The renovated basement is an additional, valuable space that adds functional living area but is not counted in the official square footage metric used for comparisons.

4. The home sold recently in late 2024. Why is it back on the market?
While the specific reason isn't provided, a quick resale can sometimes relate to a change in the buyer's personal circumstances, an investor flipping the property, or a relocation. A professional home inspection is always recommended to ensure the property's condition.

5. What are the advantages of a smaller lot in this neighbourhood?
A sub-5,000 sqft lot in Island Lakes means less time and cost spent on yard maintenance, landscaping, and snow clearing. This can be a significant benefit for buyers looking to enjoy the community amenities and mature setting without the extensive upkeep of some of the larger properties nearby.

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