27 Lakeview Cove

Built 1999Living Area 1,403 sqft
Sale History
SOLDin Jul 2017
350K±5,000
Tax Assessment
478k(prev. 440k)
+38k(+8.6%)
DateSold PriceNeighbourhood
2017-07Sold350K±5,0003/11

Rankings reflect the property's sold price position within its street, neighbourhood, and all of Winnipeg in the year of sale.

Map
Near average1,403 sqft · top 44% in area · built 1999 · 0 yrs newer than avg
$
High-income areaMedian household income ~$141K · top tier income demographics
2-min walk to transit3 nearby routes · score 88/100
Score

Property score

Overall score
81.2Good
How is the score calculated? ▼
Scores are weighted aggregates of property attributes (size, age, lot, sales activity) and community signals from the 2021 Statistics Canada census (income, education, housing stress, employment). 100 = top of metric within Winnipeg.
Property Score
75.6
Good
Living area
75
Year built
84
Sales activity
32
Community Score
89.5
Excellent
Income
93
Education
82
Housing
83
Core need
100
Employment
83
Rankings

How it stacks up

Each metric compared against 20 homes on Lakeview Cove, 137 in Island Lakes, and 26,841 citywide. Polygon points further from the centre = better rank.
Living Area
1,403 sqft
NEAR AVERAGE
StreetTop 5%AreaTop 44%CityTop 13%
Same street
Top 5%
#1 / 20
Same area
Top 44%
#60 / 137
Citywide
Winnipeg
Top 13%
#3,506 / 26,841
Tax-Assessed Value
478 k
NEAR AVERAGE
StreetTop 15%AreaTop 34%CityTop 6%
Same street
Top 15%
#3 / 20
Same area
Top 34%
#47 / 137
Citywide
Winnipeg
Top 6%
#1,657 / 26,841
Year Built
1999
NEAR AVERAGE
StreetBottom 30%AreaTop 47%CityTop 41%
Same street
Bottom 30%
#14 / 20
Same area
Top 47%
#64 / 137
Citywide
Winnipeg
Top 41%
#11,094 / 26,841
How rankings work — each polygon vertex is the property's percentile rank within that scope. Further from the centre = better.
Detailed ranking analysis ▼
27 Lakeview Cove: Living Area Analysis

Street Level (Lakeview Cove): Above Average. Ranked #1 out of 20 (Top 5%). The street average for comparable homes is 1,397 sqft.

Neighborhood Level (Island Lakes): Around Average. Ranked #60 out of 137 (Top 44%). The neighborhood average for comparable homes is 1,510 sqft.

Citywide Level (Winnipeg): Above Average. Ranked #3,506 out of 26,841 (Top 13%). The citywide average for comparable homes is 1,042 sqft.

27 Lakeview Cove: Tax-Assessed Value Analysis

Street Level (Lakeview Cove): Above Average. Ranked #3 out of 20 (Top 15%). The street average for comparable homes is 454.6k.

Neighborhood Level (Island Lakes): Around Average. Ranked #47 out of 137 (Top 34%). The neighborhood average for comparable homes is 462.2k.

Citywide Level (Winnipeg): Above Average. Ranked #1,657 out of 26,841 (Top 6%). The citywide average for comparable homes is 276.9k.

27 Lakeview Cove: Year Built Analysis

Street Level (Lakeview Cove): Below Average. Ranked #14 out of 20 (Bottom 30%). The street average for comparable homes is 2000.

Neighborhood Level (Island Lakes): Around Average. Ranked #64 out of 137 (Top 47%). The neighborhood average for comparable homes is 1999.

Citywide Level (Winnipeg): Around Average. Ranked #11,094 out of 26,841 (Top 41%). The citywide average for comparable homes is 1990.

Market

Island Lakes market pulse

Past 14 years sales snapshot (~80% of all data)
Sold count
63
last 14 years
Median price
398.9k
14-year area median
Price per sqft
$334/sqft
area average
Avg build year
1999
area average
Market conditions · Winnipeg
Sales-to-New-Listings?
Seller's market
63.5%
Buyer'sBalancedSeller's
Sold
1,465
New listings
2,307
Sold above asking?
Last 7 days
Some over ask
33%
Below ask33% above
3 of 9 sold above asking
What this means
Upward pressure
Demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
2026-04

How to read: Share of sales in each ~$50k price band for “island lakes” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Community deep dive

Who lives in this neighbourhood

Dissemination area #46111206 · Statistics Canada 2021 Census · Population 2712
2,712
Population (2021)
36.8
Median age
3.3
Avg household size
3,190 / km²
Population density
Distribution by household income band
10k-15k
1%
20k-25k
1%
25k-30k
1%
30k-35k
1%
35k-40k
1%
40k-45k
1%
45k-50k
1%
50k-60k
3%
60k-70k
2%
70k-80k
5%
80k-90k
4%
90k-100k
5%
100k-125k
14%
125k-150k
15%
150k-200k
24%
200k plus
21%
$141K
Median household income
$153K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
7%
Single-person households
54%
Families with children
73%
Labour participation
6%
Unemployment
Local · Day-to-day

Transit, amenities & safety

Everything within walking distance, plus crime and waste collection.

Nearby Amenities

Dining, education, healthcare, shopping & more

27 Lakeview Cove — 16 amenities found within 500 m, across 8 categories, including 8 dining (nearest 203 m), 1 healthcare (nearest 414 m), 1 shopping (nearest 339 m).

Search radius
🍽️Dining8
🏥Healthcare1
🛒Shopping1
🌳Parks1
💪Sports1
🏦Finance2
Fuel Stations1
🏛️Government1

Crime & safety

Island Lakes · WPS public data
Full crime data →
Annual incidents
3
2026
vs. city average
-90%
▲ relative to avg
Year-over-year
▼ -97%
vs. prior year
Primary type
Violent
67% of incidents

Waste collection schedule

Local garbage, recycling, and yard waste pickup
Garbage
tuesday
Recycling
tuesday
Yard waste
tuesday b

We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 27 Lakeview Cove. No advertising. Data source details →

Related homes

Highlights & common questions

Is this home right for you?

Property highlights

Property Overview & Appeal

This 1,403 sqft condo at 27 Lakeview Cove in Island Lakes is a well-positioned home that balances space, value, and location. Its key appeal lies in its above-average living area, which ranks in the top 5% on its own street and the top 13% city-wide, offering more room than many comparable properties. The home features a renovated basement, adding to its functional space. Built in 1999, it is a mature property in a well-established neighbourhood.

The property suits buyers looking for a spacious condo in a quiet cul-de-sac setting within a popular family-oriented area. It’s particularly appealing to those who value interior space over a brand-new build, and to value-conscious buyers noting that its assessed value of $440k ranks significantly above the city-wide average (top 6%). This suggests a solid investment in a desirable area, without the premium price of a newer or fully detached home. A thoughtful perspective is that its "around average" rankings on its own street for value and year built indicate it fits seamlessly into the neighbourhood—offering stability without standing out as an outlier.


Frequently Asked Questions

1. How does the living space compare to other homes?
At 1,403 sqft, the living area is larger than most. It ranks in the top 5% of homes on Lakeview Cove and the top 13% across the entire city, making it a notably spacious condo option.

2. What does the assessed value tell me about this property?
The $440k assessment is above average for both Island Lakes (top 22%) and Winnipeg overall (top 6%). This typically indicates the city views it as a higher-value property within its category, which can be reassuring for investment, though market sale price may differ.

3. Is the 1999 build date a concern?
The year built ranks around average for its area and city-wide. This means major components may be due for routine updates or replacement, but the home is situated in a mature, stable neighbourhood where properties of this age are common.

4. What can the past sale data tell me?
The home sold in July 2017 for an estimated range of $335k-$365k. The significant increase to its current assessed value of $440k highlights strong appreciation over that period, reflecting broader market trends and the desirability of the area.

5. Why is the exact sold price not listed publicly?
Exact sale prices are not part of Manitoba’s public land title records. The ranges provided are estimates from public data. You can request the precise historical sale price directly from the site via email; they provide this verified data manually as a service.