7 Causeway Bay

Island Lakes, Winnipeg

Property score

86.5

Excellent

Overall 86.5 · Larger than most nearby homes

2,012 sqft (top 12%) · Built in 2000 (5 yrs newer than avg)

Located in a high-income area with median household income of ~148k

Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 5 dining spots, 1 healthcare facility, 1 shop, and 2 parks nearby

Living Area

Above average

23% larger than neighborhood avg.

Year Built

Near average

5 yrs newer than neighborhood avg.

Mother tongue

English · 70%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

86.5 is composed by the two sections below.

Property Score

83.8Excellent
Living Area2,012 sqft94Excellent
Year Built200084Excellent
Lot Size4,733 sqft60Fair
Neighbourhood Sales Activity32Low

Community Score

90.5Excellent
Household Income93Excellent
Education Level82Excellent
Housing Stress93Excellent
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: #46111205

Community deep dive

$148K

Median household income

$155K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

10%

Single-person households

50%

Families with children

Population, labour & age

Population (2021)1,773
Labour force participation rate72%
Median age43.6
Avg household size3.1
Unemployment rate5%
Population density2906 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households10%
Couple families with children50%
Median household income (2020)$148K

Housing

Renter households1%
Condominium dwellings8%
Median dwelling value (owners)$448K

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority24%
Bachelor's or higher (25–64)46%
Mother tongue (1st)English · 70%
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
2,012 sqft
0255075100
Same streetTop 8%Same areaTop 12%CitywideTop 11%
Same street · Causeway Bay
#2 / 24
Top 8% · Avg 1,593 sqft
Same area · Island Lakes
#249 / 2,119
Top 12% · Avg 1,635 sqft
Citywide · Winnipeg
#20,540 / 194,458
Top 11% · Avg 1,342 sqft

Tax-Assessed Value

above average
526k
0255075100
Same streetTop 13%Same areaTop 26%CitywideTop 16%
Same street · Causeway Bay
#3 / 24
Top 13% · Avg 494.9k
Same area · Island Lakes
#547 / 2,119
Top 26% · Avg 494.7k
Citywide · Winnipeg
#30,831 / 194,458
Top 16% · Avg 390.1k

Year Built

above average
2000
0255075100
Same streetTop 21%Same areaTop 35%CitywideTop 18%

Lot Size

around average
4,733 sqft
0255075100
Same streetBottom 17%Same areaBottom 23%CitywideBottom 38%

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

7 Causeway Bay — 13 amenities found within 500 m, across 7 categories, including 5 dining (nearest 348 m), 1 healthcare (nearest 385 m), 1 shopping (nearest 291 m).

Search radius
🍽️Dining5
🏥Healthcare1
🛒Shopping1
🌳Parks2
🏦Finance2
Fuel Stations1
🏛️Government1

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

7 Causeway Bay: 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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