50 Desjardins Drive

Island Lakes, Winnipeg

Property score

78.5

Good

Overall 78.5 · Older than most nearby homes

1,506 sqft (bottom 34%) · Built in 1986 (9 yrs older than avg)

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

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby

Living Area

Below average

8% smaller than neighborhood avg.

Year Built

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)

Sold Count

654

Median price

580k

$/sqft

$348/sqft

Avg build year

1995

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Property score

78.5 is composed by the two sections below.

Property Score

74.7Good
Living Area1,506 sqft79Good
Year Built198678Good
Lot Size5,262 sqft67Good
Neighbourhood Sales Activity32Low

Community Score

84.2Excellent
Household Income87Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health60Fair

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: #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.

Rankings

Living Area

above average
1,506 sqft
0255075100
Same streetBottom 35%Same areaBottom 34%CitywideTop 30%
Same street · Desjardins Drive
#28 / 43
Bottom 35% · Avg 1,549 sqft
Same area · Island Lakes
#1,399 / 2,119
Bottom 34% · Avg 1,635 sqft
Citywide · Winnipeg
#58,415 / 194,458
Top 30% · Avg 1,342 sqft

Tax-Assessed Value

around average
407k
0255075100
Same streetBottom 19%Same areaBottom 8%CitywideTop 37%
Same street · Desjardins Drive
#35 / 43
Bottom 19% · Avg 451.8k
Same area · Island Lakes
#1,943 / 2,119
Bottom 8% · Avg 494.7k
Citywide · Winnipeg
#71,270 / 194,458
Top 37% · Avg 390.1k

Year Built

above average
1986
0255075100
Same streetBottom 2%Same areaBottom 17%CitywideTop 27%

Lot Size

around average
5,262 sqft
0255075100
Same streetBottom 23%Same areaBottom 37%CitywideTop 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

50 Desjardins Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 144 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

Sold 5/2017CA$250k–300k
Sold price

Same street

Bottom 1%

Same area

Bottom 1%

City-wide

Bottom 36%

Related homes

Highlights & common questions: 50 Desjardins Drive, Winnipeg

Property Overview: 50 Desjardins Drive, Island Lakes

Section 1: Key Characteristics & Appeal

This 1986 four-level split home in Island Lakes offers 1,506 sqft of living space on a 5,262 sqft lot. Its key updated feature is a renovated basement, adding functional living area. The home includes a detached garage.

The appeal lies in its position as a solid, established property in a desirable neighbourhood. The living space is very competitive city-wide (ranking above average), suggesting good interior utility for its class. The renovated basement is a practical advantage, offering immediate move-in comfort without a major project. The assessed value is notably below average for both the street and Island Lakes, which could indicate a value opportunity for a buyer compared to neighbouring homes, assuming similar condition.

This property would suit a practical buyer looking for a ready-to-live-in home in a mature neighbourhood without paying a premium for a newer build. It’s ideal for someone who values the space and layout of a split-level and appreciates having the renovation work on the basement already completed. The below-average assessment for the area might also attract buyers with an eye for potential long-term equity as the area continues to mature.

Section 2: Frequently Asked Questions

1. What does the below-average assessed value relative to the neighbourhood actually mean?
It indicates the city’s assessment for this property is lower than most homes in Island Lakes. This can sometimes suggest a value opportunity, but it’s essential to verify the home’s current condition and features against recent sales to understand the true market price.

2. Is the 1986 build year a concern?
While it’s one of the older homes on Desjardins Drive, it is still newer than the Winnipeg city-wide average. The focus should be on the maintenance and updates, like the renovated basement, and the condition of major aging components like the roof, windows, and mechanical systems.

3. How does the living area compare in practical terms?
Though near the average for the immediate street, its square footage ranks well above average city-wide. This suggests you get more interior space than a typical Winnipeg home, with the split-level design offering distinct living zones.

4. What are the implications of a detached garage?
A detached garage offers flexibility and can reduce noise transfer to the main house. However, it requires going outside to access, which is a consideration during Winnipeg winters. The layout of the driveway and walkway to the garage will affect daily convenience.

5. The last recorded sale was in 2017. How reliable is that price data today?
The 2017 sale price provides historical context but is not a reliable indicator of current value. The Winnipeg market has seen significant changes since then. For an accurate current valuation, a review of recent comparable sales in Island Lakes from 2024-2025 is necessary.

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