35 Tidewater Bay

Island Lakes, Winnipeg

Property score

88.3

Excellent

Overall 88.3 · Larger but older than most nearby homes

2,583 sqft (top 1%) · Built in 1987 (8 yrs older than avg)

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

Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 1 dining spot, and 3 parks nearby

Living Area

Above average

58% larger than neighborhood avg.

Taon ng Paggawa

Below average

8 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

88.3 is composed by the two sections below.

Property Score

91.0Excellent
Living Area98
2,583 sqftExcellent
Taon ng Paggawa78
1987Good
Lupa100
18,042 sqftExcellent
Neighbourhood Sales Activity32
Low

Community Score

84.2Excellent
Household Income87
Excellent
Education Level82
Excellent
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health60
Fair

Istatistika ng benta ng komunidad

Island Lakes

How to read: Share of sales in each ~$50k price band for “island lakes” (Detached na bahay (hindi 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.

Mga ranggo

Living Area

Elite
2,583 sqft
0255075100
Same streetTop 14%Same areaTop 1%CitywideTop 2%
Same street · Tidewater Bay
#3 / 22
Top 14% · Avg 1,925 sqft
Same area · Island Lakes
#24 / 2,119
Top 1% · Avg 1,635 sqft
Citywide · Winnipeg
#4,629 / 194,458
Top 2% · Avg 1,342 sqft

Assessed Value

Elite
760k
0255075100
Same streetTop 9%Same areaTop 1%CitywideTop 3%
Same street · Tidewater Bay
#2 / 22
Top 9% · Avg 532.7k
Same area · Island Lakes
#17 / 2,119
Top 1% · Avg 494.7k
Citywide · Winnipeg
#5,349 / 194,458
Top 3% · Avg 390.1k

Taon ng Paggawa

Elite
1987
0255075100
Same streetTop 5%Same areaBottom 25%CitywideTop 25%

Lupa

Elite
18,042 sqft
0255075100
Same streetTop 5%Same areaTop 1%CitywideTop 2%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

35 Tidewater Bay — 4 amenities found within 500 m, across 2 categories, including 1 dining (nearest 490 m), 3 parks (nearest 203 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%

Kasaysayan ng Benta

Naibenta 8/2023CA$650k–700k
Presyo ng benta

Parehong kalye

Top 25%

Parehong lugar

Top 2%

Buong lungsod

Top 4%

Related homes

Mga tampok at karaniwang tanong: 35 Tidewater Bay, Winnipeg

Property Overview: 35 Tidewater Bay, Island Lakes, Winnipeg

Key Characteristics & Appeal

This two-storey home on Tidewater Bay is defined by its generous scale and premium lot. With 2,583 sqft of living space and a fully renovated basement, it offers substantial room for family life and entertaining. Its most standout feature is the 18,042 sqft lot, which is exceptionally large even for the desirable Island Lakes neighborhood, providing rare privacy and space for gardens, recreation, or future expansion.

The home’s appeal lies in its established, elite positioning within a mature community. The data shows it ranks in the top tier for size and value not just on its street, but across the entire city. While built in 1987, its recent basement renovation adds modern convenience. This isn't just a large house; it's a property with a footprint that is increasingly difficult to find in Winnipeg, situated on a quiet bay.

It would best suit buyers looking for a long-term family home where space—both indoors and out—is the top priority. It appeals to those who value established neighborhoods with mature landscaping over new developments, and to practical investors who recognize the inherent value and development potential of such a large parcel of land in a sought-after area.


Frequently Asked Questions

1. How does the assessed value relate to the likely selling price?
The home is assessed at $760,000, placing it in the top 3% citywide. Recent sales data for the area from 2023 shows a range between $675,000 and $705,000. The current assessed value suggests market growth, but the final sale price will be determined by current market conditions, the home's interior condition, and the high value of the oversized lot.

2. What does the "Elite" or "Top X%" ranking mean for me?
These rankings compare this specific property against similar homes on its street, in Island Lakes, and across Winnipeg. For example, ranking in the top 1% for land area in Island Lakes means 99% of homes in the neighborhood sit on smaller lots. This quantifies the property's rarity and is a key indicator of its long-term value.

3. The home was built in 1987. What should I consider?
While the basement is renovated, a home of this age will likely have original major components, like the roof, windows, and HVAC system. A thorough inspection is essential to budget for any upcoming maintenance or updates, which is a typical consideration for well-built homes in mature neighborhoods.

4. Is the large lot more of a benefit or a responsibility?
It's both. It offers unparalleled privacy, space for activities, and potential for additions like a large deck or garage. However, it also means higher property taxes (reflected in the assessment) and more yard maintenance. The value is for those who will actively use and enjoy the outdoor space.

5. How does this location within Island Lakes compare?
Tidewater Bay is a quiet, interior bay rather than a main thoroughfare. The data shows homes on this specific street have above-average living area and lot size compared to the rest of Island Lakes, indicating it's a premium enclave within the larger community, likely with less through-traffic.