3 Harbours End Cove

Island Lakes, Winnipeg

Property score

80.8

Excellent

Overall 80.8 · Smaller than most nearby homes

1,359 sqft (bottom 22%) · Built in 1999 (4 yrs newer than avg)

Located in a high-income area with median household income of ~141k

Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 1 shop, 2 parks, and 1 fuel station nearby

Living Area

Below average

17% smaller than neighborhood avg.

Year Built

Near average

4 yrs newer than neighborhood avg.

Mother tongue

English · 64%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

80.8 is composed by the two sections below.

Property Score

75.0Good
Living Area1,359 sqft71Good
Year Built199984Excellent
Lot Size8,834 sqft93Excellent
Neighbourhood Sales Activity32Low

Community Score

89.5Excellent
Household Income93Excellent
Education Level82Excellent
Housing Stress83Excellent
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: #46111206

Community deep dive

$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

Population, labour & age

Population (2021)2,712
Labour force participation rate73%
Median age36.8
Avg household size3.3
Unemployment rate6%
Population density3190 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households7%
Couple families with children54%
Median household income (2020)$141K

Housing

Renter households1%
Condominium dwellings8%
Median dwelling value (owners)$452K

Diversity, education & language

Immigrants (share of pop.)24%
Visible minority38%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 64%
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
1,359 sqft
0255075100
Same streetBottom 7%Same areaBottom 22%CitywideTop 38%
Same street · Harbours End Cove
#14 / 15
Bottom 7% · Avg 1,545 sqft
Same area · Island Lakes
#1,659 / 2,119
Bottom 22% · Avg 1,635 sqft
Citywide · Winnipeg
#73,866 / 194,458
Top 38% · Avg 1,342 sqft

Tax-Assessed Value

above average
478k
0255075100
Same streetBottom 33%Same areaBottom 45%CitywideTop 23%
Same street · Harbours End Cove
#10 / 15
Bottom 33% · Avg 506.3k
Same area · Island Lakes
#1,167 / 2,119
Bottom 45% · Avg 494.7k
Citywide · Winnipeg
#45,647 / 194,458
Top 23% · Avg 390.1k

Year Built

above average
1999
0255075100
Same streetTop 40%Same areaTop 36%CitywideTop 18%

Lot Size

above average
8,834 sqft
0255075100
Same streetTop 33%Same areaTop 13%CitywideTop 9%

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

3 Harbours End Cove — 4 amenities found within 500 m, across 3 categories, including 1 shopping (nearest 438 m), 2 parks (nearest 370 m).

Search radius
🛒Shopping1
🌳Parks2
Fuel Stations1

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 2/2024CA$500k–550k
Sold price

Same street

Top 44%

Same area

Top 19%

City-wide

Top 13%
Sold 9/2017CA$400k–450k
Sold price

Same street

Bottom 22%

Same area

Bottom 32%

City-wide

Top 33%

Related homes

Highlights & common questions: 3 Harbours End Cove, Winnipeg

Property Overview: 3 Harbours End Cove, Island Lakes

Key Characteristics & Buyer Profile

This two-storey home in Island Lakes presents a practical opportunity with a few distinct advantages. Its key characteristic is a generous, above-average lot size of over 8,800 sqft, offering more outdoor space than most properties in both the neighbourhood and city-wide. The home itself, built in 1999, is of average size for its street but sits on a renovated basement. Its assessed value is notably strong compared to the Winnipeg average, suggesting good municipal valuation relative to many city homes.

The appeal lies in this balance: you get a modern-enough home on a sizable lot in an established neighbourhood. It suits a buyer looking for room to grow—a family that values private backyard space over a maximized interior square footage, or a DIY enthusiast who sees potential in the land and the already-updated basement. It’s a home for those who prioritize lot size and neighbourhood stability, and who are comfortable with a property that is average in scale on its own street but stands out for its land holding in the broader context.


Frequently Asked Questions

1. How does the home’s size compare to others?
At 1,359 sqft, the living area is slightly below the average for both Harbours End Cove and the wider Island Lakes neighbourhood, but is very close to the average home size across Winnipeg.

2. What does the assessed value tell us?
The assessed value of $47,800 is around average for its immediate area but ranks in the top 23% city-wide. This indicates that, for property assessment purposes, it holds a relatively strong value position compared to the majority of homes in Winnipeg.

3. Is the lot size a significant feature?
Yes. The 8,834 sqft lot is a standout, ranking in the top 13% in Island Lakes and the top 9% across the entire city. This is a primary feature of the property, offering substantial outdoor space.

4. What can recent sold prices indicate?
The sold price range from early 2024 shows a significant increase over the prior sale in 2017. This suggests strong appreciation in the period, though specific market conditions for each sale should be considered.

5. The home was built in 1999. What should I consider?
A home of this age is past its initial warranty period but is still relatively modern. Key systems like the roof, HVAC, and major appliances may be nearing or have reached their typical lifespans, so a thorough inspection is advisable to plan for potential updates.

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