40 Quayside Cove

Island Lakes, Winnipeg

Property score

79.2

Good

Overall 79.2 · Smaller than most nearby homes

1,443 sqft (bottom 26%) · Built in 1989 (6 yrs older than avg)

Located in a high-income area with median household income of ~122k

Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby

Living Area

Below average

12% smaller than neighborhood avg.

Year Built

Below average

6 yrs older than neighborhood avg.

Mother tongue

English · 74%French · 7%

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

79.2 is composed by the two sections below.

Property Score

72.3Good
Living Area75
1,443 sqftGood
Year Built78
1989Good
Lot Size67
5,170 sqftGood
Neighbourhood Sales Activity32
Low

Community Score

89.5Excellent
Household Income91
Excellent
Education Level82
Excellent
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health76
Good

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: #46111212

Community deep dive

$122K

Median household income

$146K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.2

P90 / P10 ratio

10%

Single-person households

50%

Families with children

Population, labour & age

Population (2021)428
Labour force participation rate77%
Median age40.4
Avg household size3.1
Unemployment rate13%
Population density3890 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households10%
Couple families with children50%
Median household income (2020)$122K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)28%
Visible minority27%
Bachelor's or higher (25–64)46%
Mother tongue (1st)English · 74%
Mother tongue (2nd)French · 6%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,443 sqft
0255075100
Same streetTop 27%Same areaBottom 26%CitywideTop 34%
Same street · Quayside Cove
#11 / 41
Top 27% · Avg 1,225 sqft
Same area · Island Lakes
#1,570 / 2,119
Bottom 26% · Avg 1,635 sqft
Citywide · Winnipeg
#65,285 / 194,458
Top 34% · Avg 1,342 sqft

Tax-Assessed Value

around average
396k
0255075100
Same streetTop 49%Same areaBottom 7%CitywideTop 39%
Same street · Quayside Cove
#20 / 41
Top 49% · Avg 399.8k
Same area · Island Lakes
#1,981 / 2,119
Bottom 7% · Avg 494.7k
Citywide · Winnipeg
#76,517 / 194,458
Top 39% · Avg 390.1k

Year Built

above average
1989
0255075100
Same streetTop 22%Same areaBottom 38%CitywideTop 23%

Lot Size

around average
5,170 sqft
0255075100
Same streetBottom 34%Same areaBottom 35%CitywideBottom 49%

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

40 Quayside Cove — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 466 m).

Search radius
🌳Parks1

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

40 Quayside 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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