Property score
80.2
Excellent
Overall 80.2 · Smaller than most nearby homes
1,404 sqft (bottom 24%) · Built in 1989 (6 yrs older than avg)
Located in a high-income area with median household income of ~148k
Transit 62.0 · 2-min walk to transit with 1 nearby route · Within 500m: 2 dining spots, 1 shop, 2 parks, and 1 bank/ATM nearby
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ
Below average
14% smaller than neighborhood avg.
ਤਰੀਕ ਤੋਂ ਬਣਿਆ
Below average
6 yrs older than neighborhood avg.
Mother tongue
English · 70%French · 6%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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80.2 is composed by the two sections below.
Property Score
Community Score
Island Lakes
How to read: Share of sales in each ~$50k price band for “island lakes” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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: #46111205
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
ਜ਼ਮੀਨ: ਵੱਡਾ ਖੇਤਰ = ਬਿਹਤਰ ਰੈਂਕ
ਸਾਲ: ਨਵਾਂ = ਬਿਹਤਰ ਰੈਂਕ
ਰਹਿਣ ਖੇਤਰ: ਵੱਡਾ = ਬਿਹਤਰ ਰੈਂਕ
ਮੁਲਾਂਕਣ: ਉੱਚਾ ਮੁੱਲ = ਬਿਹਤਰ ਰੈਂਕ
ਬਾਰ: ਭਰਨ ਦੀ ਲੰਬਾਈ ≈ ਤੁਸੀਂ ਕਿੰਨੇ ਸਹਿਪਾਠੀਆਂ ਨੂੰ ਪਛਾੜਦੇ ਹੋ; ਧੁਰੀ ਉੱਤੇ ਲਾਲ → ਪੀਲਾ → ਨੀਲਾ ਗਰੇਡੀਐਂਟ (ਖੱਬੇ ਤੋਂ ਸੱਜੇ)। ਟੂਟੀ ਲੰਬਵਤ ਲਕੀਰ ≈ ਮੀਡੀਅਨ ਬੈਂਚਮਾਰਕ; ਚਿੱਟਾ ਟਿਕ (ਹਲਕੀ ਛਾਂ) = ਤੁਹਾਡੀ ਸਥਿਤੀ। ਬੈਜ ਰੰਗ / diamond ਤੇ flame ਆਈਕਨ ਅਜੇ ਵੀ ਟਾਇਰ ਦੇ ਅਨੁਸਾਰ।
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.
ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ
Dining, education, healthcare, shopping & more
270 Island Lakes Drive — 7 amenities found within 500 m, across 5 categories, including 2 dining (nearest 426 m), 1 shopping (nearest 499 m), 2 parks (nearest 354 m).
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%
ਉਹੀ ਸਟ੍ਰੀਟ
ਉਹੀ ਇਲਾਕਾ
ਪੂਰਾ ਸ਼ਹਿਰ
| ਮਾਪ | ਉਹੀ ਸਟ੍ਰੀਟ | ਉਹੀ ਇਲਾਕਾ | ਪੂਰਾ ਸ਼ਹਿਰ |
|---|---|---|---|
ਵਿਕਰੀ ਮੁੱਲ | ਹੇਠਲੇ 33% | ਹੇਠਲੇ 12% | ਟਾਪ 43% |
Request exact figures by email
Address · Year Built · Living Area
ਪਤਾ · ਦੂਰੀ
Property Overview
This two-storey home at 270 Island Lakes Drive presents a solid, mid-sized family option in a well-established Winnipeg neighbourhood. Built in 1989, it offers 1,404 sqft of living space with a renovated basement and sits on a notably generous 5,651 sqft lot for its street—one of the larger parcels in the immediate area. With a detached garage and an assessed value of $430k, it positions itself as a practical choice rather than a luxury statement. Its appeal lies in offering space and established community roots at a value-conscious point within the desirable Island Lakes area.
Key Characteristics & Ideal Buyer
The home’s key characteristic is its balance. It doesn’t lead in square footage or newness for the neighbourhood, but it counters with a larger-than-average lot and a modernized basement. Its assessed value is modest compared to many Island Lakes homes, suggesting a potentially accessible entry point into the area. The appeal here is for the pragmatic buyer: perhaps a young family seeking outdoor space for children to play, or a value-oriented purchaser who prefers a renovated interior over a newer build, understanding that a 1989 home may come with future maintenance considerations. It would suit someone who values the mature trees and settled feel of Island Lakes but is comfortable with a home that is among the older on its block, seeing it as an opportunity rather than a drawback.
Frequently Asked Questions
1. How does this home’s value compare to others in Island Lakes?
The assessed value of $430k is below the neighbourhood average, placing it in a more affordable tier within Island Lakes. This could indicate good value, but it’s essential to view the property in person to understand the condition and finishes relative to higher-priced homes.
2. What are the implications of the home being built in 1989?
As one of the older homes on its street, major components like the roof, windows, and HVAC system may be nearing or past their typical lifespans. A thorough inspection is advised, but the renovated basement shows some updates have been made.
3. What is the benefit of the larger lot size?
The lot is significantly larger than others on Island Lakes Drive, offering more private outdoor space, potential for gardening, or room for additions like a shed or deck. This is a distinct advantage for a home of this vintage and size.
4. What was the last sale price?
Public records indicate a sale between $345,000 and $375,000 in December 2019. For the exact historical sale price, you can request the information directly via the provided email service.
5. Is the living space sufficient for a growing family?
At 1,404 sqft, it is close to the city-wide average. The renovated basement adds functional space, but the above-ground square footage is modest for the neighbourhood. It may suit a family that prioritizes lot size over interior square footage or utilizes the basement as a key living area.
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