2 Corbeil Place

Island Lakes, Winnipeg

Property score

76.1

Good

Overall 76.1 · Smaller than most nearby homes

1,460 sqft (bottom 27%) · Built in 1992 (3 yrs older than avg)

Located in a high-income area with median household income of ~98k

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 2 parks nearby

Living Area

Below average

11% smaller than neighborhood avg.

Year Built

Near average

3 yrs older than neighborhood avg.

Mother tongue

English · 68%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

76.1 is composed by the two sections below.

Property Score

73.9Good
Living Area1,460 sqft75Good
Year Built199281Excellent
Lot Size5,993 sqft74Good
Neighbourhood Sales Activity32Low

Community Score

79.4Good
Household Income84Excellent
Education Level72Good
Housing Stress74Good
Core Housing Need88Excellent
Employment Health68Good

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: #46111195

Community deep dive

$98K

Median household income

$110K

Average household income

10%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.6

P90 / P10 ratio

22%

Single-person households

32%

Families with children

Population, labour & age

Population (2021)1,210
Labour force participation rate67%
Median age38.8
Avg household size2.6
Unemployment rate8%
Population density2630 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households22%
Couple families with children32%
Median household income (2020)$98K

Housing

Renter households36%
Condominium dwellings15%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority35%
Bachelor's or higher (25–64)39%
Mother tongue (1st)English · 68%
Mother tongue (2nd)French · 6%

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

Rankings

Living Area

around average
1,460 sqft
0255075100
Same streetBottom 15%Same areaBottom 27%CitywideTop 33%
Same street · Corbeil Place
#11 / 13
Bottom 15% · Avg 1,590 sqft
Same area · Island Lakes
#1,542 / 2,119
Bottom 27% · Avg 1,635 sqft
Citywide · Winnipeg
#63,674 / 194,458
Top 33% · Avg 1,342 sqft

Tax-Assessed Value

above average
475k
0255075100
Same streetBottom 31%Same areaBottom 42%CitywideTop 24%
Same street · Corbeil Place
#9 / 13
Bottom 31% · Avg 476.1k
Same area · Island Lakes
#1,223 / 2,119
Bottom 42% · Avg 494.7k
Citywide · Winnipeg
#46,653 / 194,458
Top 24% · Avg 390.1k

Year Built

above average
1992
0255075100
Same streetTop 8%Same areaBottom 45%CitywideTop 21%

Lot Size

above average
5,993 sqft
0255075100
Same streetTop 8%Same areaTop 41%CitywideTop 33%

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

2 Corbeil Place — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 152 m).

Search radius
🌳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 10/2020CA$400k–450k
Sold price

Same street

Bottom 33%

Same area

Bottom 34%

City-wide

Top 32%

Related homes

Highlights & common questions: 2 Corbeil Place, Winnipeg

Property Overview: 2 Corbeil Place, Island Lakes, Winnipeg

Key Characteristics & Appeal

This is a well-situated, single-storey home in the established Island Lakes neighborhood. Built in 1992, its key characteristic is balance: it offers a functional 1,460 sqft layout with a renovated basement and an attached garage on a notably generous, nearly 6,000 sqft lot for its immediate street. While the living space is modest compared to some neighbors, the property holds its own with an above-average assessed value citywide. Its appeal lies in this equilibrium—it’s a solid, no-fuss home in a mature area without the premium lot size or square footage of the neighborhood's largest properties. The renovated basement adds practical living space.

This home would suit practical buyers looking for a manageable single-level layout in a family-friendly community, or those who value a larger yard for gardening or outdoor space within a suburban setting. It’s a candidate for someone seeking a home that is city-wise a strong value, offering more land than typical for the street, without being the biggest house on the block.

Frequently Asked Questions

1. How does this home’s size compare to others in the area?
At 1,460 sqft, the living area is below the average for both Corbeil Place and the wider Island Lakes neighborhood, but is close to the average for the entire city. It’s a comfortably sized home, though not as spacious as some larger models in the community.

2. What does the assessed value tell us?
The assessed value is around average for the street and neighborhood, but ranks above average compared to all Winnipeg homes. This suggests the property is viewed as a stable asset with a value that holds up well in a citywide context.

3. Is the lot size a significant feature?
Yes. The lot of 5,993 sqft is the largest among the 13 comparable properties on Corbeil Place. This is a distinct advantage, offering more private outdoor space than most direct neighbors, which is a valued and less common find in established subdivisions.

4. What is the significance of the home being built in 1992?
Built 34 years ago, this is actually the newest home among its direct street comparables. In the context of Winnipeg’s older housing stock, it is also above average citywide. This means major components may be younger than those in many other city homes, though buyers should still expect routine maintenance for a home of this age.

5. Where can I find the exact historical sale price?
The provided sale price history shows estimated ranges. To obtain the precise sale price from October 2020, you can request it via email through the listing page. This service is provided manually with a commitment to privacy and no unsolicited marketing.

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