Property score
85.0
Excellent
Overall 85.0 · Larger but older than most nearby homes
1,832 sqft (top 28%) · Built in 1986 (9 yrs older than avg)
Located in a high-income area with median household income of ~106k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, and 1 park nearby
Living Area
Above average
12% larger than neighborhood avg.
Taon ng Paggawa
Below average
9 yrs older than neighborhood avg.
Mother tongue
English · 71%French · 5%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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85.0 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” (Detached na bahay (hindi condo), 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: #46110514
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Lupa: mas malaki = mas magandang ranggo
Taon: mas bago = mas magandang ranggo
Living area: mas malaki = mas magandang ranggo
Assessed value: mas mataas = mas magandang ranggo
Bar: ang haba ng fill ≈ bahagdan ng mga kapantay na na-outperform mo; gradient na pula → dilaw → asul sa axis (pakaliwa pakanan). Putol-putol na vertical line ≈ median benchmark; puting tick (may shadow) = posisyon mo. Mga kulay ng badge / diamond at flame icon ay sumasalamin pa rin sa tier.
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.
Mga malapit na hinto, ruta at transit score
Dining, education, healthcare, shopping & more
46 Waterfront Road — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 303 m), 1 parks (nearest 102 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%
Parehong kalye
Parehong lugar
Buong lungsod
| Sukat | Parehong kalye | Parehong lugar | Buong lungsod |
|---|---|---|---|
Presyo ng benta | Top 30% | Top 19% | Top 12% |
Parehong kalye
Parehong lugar
Buong lungsod
| Sukat | Parehong kalye | Parehong lugar | Buong lungsod |
|---|---|---|---|
Presyo ng benta | Bottom 40% | Bottom 43% | Top 29% |
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Address · Year Built · Living Area
Address · Distansya
Address · Assessed Value
Property Overview: 46 Waterfront Road, Island Lakes, Winnipeg
Key Characteristics & Appeal
This two-storey home on Waterfront Road is defined by its exceptional and rare lot size. At nearly 17,000 square feet, the property sits on one of the largest parcels in the Island Lakes neighborhood, offering a level of privacy and outdoor space that is hard to find in the city. The home itself is comfortably sized at 1,832 sqft, featuring a renovated basement, an attached garage, and a pool. Built in 1986, the house is a well-established property in a mature area.
The primary appeal lies in the land itself—this is a property with tremendous potential. The expansive yard is a blank canvas for gardening, recreation, or future expansion. While the living space is above average for Winnipeg, the assessed value ranks highly, suggesting the premium is placed on the land. It perfectly suits buyers looking for a family home in a sought-after neighborhood who prioritize outdoor space over a brand-new build. It would also appeal to those with a vision for renovation or addition, where the existing home provides a solid foundation on a lot that can accommodate grander plans.
Frequently Asked Questions
1. What is the most standout feature of this property?
Without question, it is the land size. At 16,999 sqft, the lot is in the top 1-2% for the neighborhood and city, offering a rare amount of private outdoor space.
2. How does the house compare to the neighborhood average?
The living area is above average for Island Lakes. The home is older than many in the area (1986 vs. a 1995 neighborhood average), but its assessed value is in the elite top 4% locally, indicating the lot significantly boosts its worth.
3. Is the pool included, and what condition is it in?
Yes, the listing confirms a pool is on the property. As with any older pool, a professional inspection would be essential to determine its current condition, operational costs, and any necessary updates.
4. What does the "renovated basement" entail?
The listing notes the basement is renovated but does not specify the extent. Buyers should inquire about the scope of work, permits, the basement's finish and ceiling height, and its intended use (e.g., living space, rental suite, recreation room).
5. How has the property's value changed over time?
Public data shows two sales: approximately $40.5k-$43.5k in 2016 and $51.5k-$54.5k in 2021. This indicates solid appreciation over that five-year period. For the exact sale prices, you can request the information directly via the listing page.
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