63 Quayside Cove

Island Lakes, Winnipeg

Property score

82.2

Excellent

Overall 82.2 · Compared with neighbourhood average

1,516 sqft (bottom 36%) · Built in 1988 (7 yrs older than avg)

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

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

Living Area

Below average

7% smaller than neighborhood avg.

Year Built

Below average

7 yrs older 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

82.2 is composed by the two sections below.

Property Score

77.4Good
Living Area1,516 sqft79Good
Year Built198878Good
Lot Size6,967 sqft85Excellent
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

above average
1,516 sqft
0255075100
Same streetTop 15%Same areaBottom 36%CitywideTop 29%
Same street · Quayside Cove
#6 / 41
Top 15% · Avg 1,225 sqft
Same area · Island Lakes
#1,363 / 2,119
Bottom 36% · Avg 1,635 sqft
Citywide · Winnipeg
#57,343 / 194,458
Top 29% · Avg 1,342 sqft

Tax-Assessed Value

above average
436k
0255075100
Same streetTop 17%Same areaBottom 17%CitywideTop 31%
Same street · Quayside Cove
#7 / 41
Top 17% · Avg 399.8k
Same area · Island Lakes
#1,766 / 2,119
Bottom 17% · Avg 494.7k
Citywide · Winnipeg
#60,018 / 194,458
Top 31% · Avg 390.1k

Year Built

above average
1988
0255075100
Same streetBottom 46%Same areaBottom 32%CitywideTop 24%

Lot Size

above average
6,967 sqft
0255075100
Same streetTop 20%Same areaTop 25%CitywideTop 17%

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

63 Quayside Cove — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 466 m).

Search radius
🌳Parks2

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 10/2021CA$450k–500k
Sold price

Same street

Top 5%

Same area

Top 30%

City-wide

Top 17%

Related homes

Highlights & common questions: 63 Quayside Cove, Winnipeg

Property Overview: 63 Quayside Cove, Island Lakes

Key Characteristics & Appeal

This two-storey home in Island Lakes presents a compelling blend of space, location, and value. Built in 1988, it features 1,516 sqft of living area and a renovated basement, situated on a generous 6,967 sqft lot with an attached garage.

The primary appeal lies in its strong positioning within its immediate neighborhood. On Quayside Cove itself, the home ranks in the top 20% for lot size and the top 15% for living area, meaning it offers more space than most direct neighbors. Its assessed value is also above the street average. This creates a scenario of a home that stands out on its own cul-de-sac. However, within the broader Island Lakes community, its assessed value is below the neighborhood average, which can represent a value opportunity for a buyer entering a desirable area.

This property would suit a practical buyer looking for established community charm with above-average interior and yard space for the street. It’s ideal for someone who values a quiet cove setting within a larger neighborhood, appreciates a renovated basement for added flexibility, and is savvy about finding a home that offers strong fundamentals on its specific street at a value-conscious point relative to the wider area.


Frequently Asked Questions

1. How does this home’s value compare to the area?
The home’s assessed value is above average for Quayside Cove but below the average for the entire Island Lakes neighborhood. This suggests it may offer a more accessible price point to enter the community while owning a property that is sizeable compared to its immediate neighbors.

2. Is the living space larger than typical?
Yes. With 1,516 sqft, the living area is larger than about 85% of homes on Quayside Cove and is also above the citywide average, providing a sense of spaciousness for its setting.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the listing agent to understand the quality and functionality of the space.

4. How does the lot size benefit a buyer?
At nearly 7,000 sqft, the lot is significantly larger than most on the street and in Island Lakes. This allows more room for private outdoor living, gardening, play areas, or potential future additions, subject to local bylaws.

5. Where can I find the exact historical sale price?
The exact sold price from the October 2021 transaction is not publicly displayed in the listing data. The site provides a range but offers to send the precise figure via email upon request, which is a common practice for certain property data in the region.

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