23 Waterside Cove

Island Lakes, Winnipeg

Property score

82.0

Excellent

Overall 82.0 · Older than most nearby homes

1,602 sqft (bottom 46%) · Built in 1985 (10 yrs older than avg)

Located in a high-income area with median household income of ~106k

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, and 3 parks nearby

Living Area

Near average

2% smaller than neighborhood avg.

Year Built

Below average

10 yrs older than neighborhood avg.

Mother tongue

English · 71%French · 5%

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

82.0 is composed by the two sections below.

Property Score

80.6Excellent
Living Area1,602 sqft83Excellent
Year Built198573Good
Lot Size11,421 sqft97Excellent
Neighbourhood Sales Activity32Low

Community Score

84.2Excellent
Household Income87Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health60Fair

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: #46110514

Community deep dive

$106K

Median household income

$129K

Average household income

8%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

18%

Single-person households

31%

Families with children

Population, labour & age

Population (2021)947
Labour force participation rate60%
Median age47.6
Avg household size2.5
Unemployment rate9%
Population density2309 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households18%
Couple families with children31%
Median household income (2020)$106K

Housing

Renter households20%
Condominium dwellings10%
Median dwelling value (owners)$420K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority16%
Bachelor's or higher (25–64)48%
Mother tongue (1st)English · 71%
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

above average
1,602 sqft
0255075100
Same streetBottom 1%Same areaBottom 46%CitywideTop 25%
Same street · Waterside Cove
#8 / 8
Bottom 1% · Avg 1,981 sqft
Same area · Island Lakes
#1,152 / 2,119
Bottom 46% · Avg 1,635 sqft
Citywide · Winnipeg
#49,175 / 194,458
Top 25% · Avg 1,342 sqft

Tax-Assessed Value

above average
522k
0255075100
Same streetBottom 37%Same areaTop 28%CitywideTop 16%
Same street · Waterside Cove
#5 / 8
Bottom 37% · Avg 573.3k
Same area · Island Lakes
#590 / 2,119
Top 28% · Avg 494.7k
Citywide · Winnipeg
#31,974 / 194,458
Top 16% · Avg 390.1k

Year Built

above average
1985
0255075100
Same streetTop 50%Same areaBottom 3%CitywideTop 29%

Lot Size

Elite
11,421 sqft
0255075100
Same streetTop 50%Same areaTop 4%CitywideTop 4%

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

23 Waterside Cove — 4 amenities found within 500 m, across 2 categories, including 1 dining (nearest 280 m), 3 parks (nearest 345 m).

Search radius
🍽️Dining1
🌳Parks3

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

23 Waterside Cove: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

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