397 Cartesian Gate

Leila North, ਵਿਨੀਪਿਗ

Property score

76.2

Good

Overall 76.2 · Smaller but newer than most nearby homes

1,552 sqft (bottom 17%) · Built in 2022 (5 yrs newer than avg)

Located in a above-average income area with median household income of ~86k

Transit 70.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 2 parks nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Below average

16% smaller than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Above average

5 yrs newer than neighborhood avg.

Mother tongue

Punjabi · 43%English · 29%

Past 10 years Leila North sales snapshot (~80% of all data)

Sold Count

248

Median price

471.5k

$/sqft

$304/sqft

Avg build year

2017

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Property score

76.2 is composed by the two sections below.

Property Score

76.1Good
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ79
1,552 sqftGood
ਤਰੀਕ ਤੋਂ ਬਣਿਆ100
2022Excellent
ਜ਼ਮੀਨ28
2,788 sqftLow
Neighbourhood Sales Activity90
Excellent

Community Score

76.3Good
Household Income79
Good
Education Level82
Excellent
Housing Stress52
Fair
Core Housing Need76
Good
Employment Health76
Good

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Leila North

How to read: Share of sales in each ~$50k price band for “leila north” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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: #46110001

Community deep dive

$86K

Median household income

$99K

Average household income

10%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

17%

Single-person households

28%

Families with children

Population, labour & age

Population (2021)3,966
Labour force participation rate72%
Median age32.0
Avg household size3.0
Unemployment rate8%
Population density424 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households17%
Couple families with children28%
Median household income (2020)$86K

Housing

Renter households40%
Condominium dwellings22%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)50%
Visible minority77%
Bachelor's or higher (25–64)48%
Mother tongue (1st)Punjabi · 42%
Mother tongue (2nd)English · 29%

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

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ ਤੋਂ ਉੱਪਰ
1,552 sqft
0255075100
Same streetਹੇਠਲੇ 16%Same areaਹੇਠਲੇ 17%Citywideਟਾਪ 28%
Same street · Cartesian Gate
#132 / 157
ਹੇਠਲੇ 16% · ਔਸਤ 1,845 sqft
Same area · Leila North
#325 / 392
ਹੇਠਲੇ 17% · ਔਸਤ 1,855 sqft
Citywide · ਵਿਨੀਪਿਗ
#53,834 / 194,458
ਟਾਪ 28% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ
411k
0255075100
Same streetਹੇਠਲੇ 15%Same areaਹੇਠਲੇ 8%Citywideਟਾਪ 36%
Same street · Cartesian Gate
#134 / 157
ਹੇਠਲੇ 15% · ਔਸਤ 560.1k
Same area · Leila North
#361 / 392
ਹੇਠਲੇ 8% · ਔਸਤ 567.9k
Citywide · ਵਿਨੀਪਿਗ
#69,464 / 194,458
ਟਾਪ 36% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਇਲੀਟ
2022
0255075100
Same streetਟਾਪ 1%Same areaਟਾਪ 1%Citywideਟਾਪ 1%

ਜ਼ਮੀਨ

ਔਸਤ ਤੋਂ ਹੇਠਾਂ
2,788 sqft
0255075100
Same streetਹੇਠਲੇ 6%Same areaਹੇਠਲੇ 2%Citywideਹੇਠਲੇ 8%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

397 Cartesian Gate — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 210 m), 2 parks (nearest 312 m).

Search radius
🏫Education1
🌳Parks2

Crime & Safety

Leila North · WPS public data · 2026

Annual incidents

17

2026

vs. city avg

-42%

relative to avg

Year-over-year

-93%

vs. prior year

Primary type

Property

47%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

12/2022 ਵਿਚ ਵਿਕਿਆCA$400k–450k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਹੇਠਲੇ 33%

ਉਹੀ ਇਲਾਕਾ

ਹੇਠਲੇ 31%

ਪੂਰਾ ਸ਼ਹਿਰ

ਟਾਪ 28%

Related homes

ਵਿਨੀਪਿਗ 397 Cartesian Gate — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Summary: 397 Cartesian Gate, Winnipeg

Key Characteristics & Appeal

This home is a modern offering in Winnipeg's Leila North neighbourhood, built in 2022. Its primary appeal lies in its new construction, placing it in the top 1% of homes for age both on its street and city-wide. This translates to move-in readiness, modern building standards, and minimal immediate maintenance. The living space (1,552 sq ft) is above the city-wide average, offering comfortable room for a small family or couple.

The property presents a distinct value profile. Its assessed value is around average for the city but is notably lower than the averages for both its immediate street and the broader Leila North area. This suggests a potentially more accessible entry point into a newer home within this locale. The lot size is compact compared to most neighbours, which means less yard upkeep but also less private outdoor space.

This home would best suit buyers prioritizing modern construction and interior space over a large yard. It’s ideal for those seeking a newer build without a premium price tag relative to its immediate area, appealing to first-time homeowners, downsizers, or investors looking for a contemporary property.

Frequently Asked Questions

1. Is this a good value for the area?
The data suggests it may be. While the home is newer than most, its assessed value is below the average for both Cartesian Gate and Leila North. This could indicate a value opportunity relative to neighbouring, often older, homes.

2. What are the trade-offs for getting a newer home here?
The main trade-off is land size. The lot is significantly smaller than most in the neighbourhood (ranking in the bottom 10% locally). You gain a modern, low-maintenance home but with more limited outdoor space.

3. What does the sale history tell us?
It last sold in the $400k-$450k range when new in 2022. Its current assessed value is consistent with that price point, showing stability in a market where many older homes on the street have higher assessed values.

4. Who might this property not suit?
It may not suit buyers seeking a large, traditional yard for gardening or recreation, or those who prefer the character and established trees often found in older neighbourhoods.

5. How does it compare to the home next door at 351 Cartesian Gate?
The nearby home at 351 Cartesian Gate is very comparable in size, year built, and value, having sold in the same range. This consistency can be reassuring, indicating a stable valuation for newer homes on this street.