40 Pennyhill Gate

Leila North, Winnipeg

Property score

79.5

Good

Overall 79.5 · Newer than most nearby homes

1,674 sqft (bottom 36%) · Built in 2019 (2 yrs newer than avg)

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

Transit 62.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 1 park nearby

Living Area

Below average

10% smaller than neighborhood avg.

Year Built

Above average

2 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

79.5 is composed by the two sections below.

Property Score

81.6Excellent
Living Area1,674 sqft83Excellent
Year Built201997Excellent
Lot Size4,364 sqft53Fair
Neighbourhood Sales Activity90Excellent

Community Score

76.3Good
Household Income79Good
Education Level82Excellent
Housing Stress52Fair
Core Housing Need76Good
Employment Health76Good

Neighbourhood Sales

Leila North

How to read: Share of sales in each ~$50k price band for “leila north” (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: #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.

Rankings

Living Area

above average
1,674 sqft
0255075100
Same streetBottom 32%Same areaBottom 36%CitywideTop 22%
Same street · Pennyhill Gate
#30 / 44
Bottom 32% · Avg 1,797 sqft
Same area · Leila North
#251 / 392
Bottom 36% · Avg 1,855 sqft
Citywide · Winnipeg
#42,676 / 194,458
Top 22% · Avg 1,342 sqft

Tax-Assessed Value

above average
532k
0255075100
Same streetBottom 14%Same areaBottom 27%CitywideTop 15%
Same street · Pennyhill Gate
#38 / 44
Bottom 14% · Avg 564k
Same area · Leila North
#285 / 392
Bottom 27% · Avg 567.9k
Citywide · Winnipeg
#29,234 / 194,458
Top 15% · Avg 390.1k

Year Built

Elite
2019
0255075100
Same streetTop 9%Same areaTop 12%CitywideTop 4%

Lot Size

around average
4,364 sqft
0255075100
Same streetBottom 36%Same areaBottom 23%CitywideBottom 31%

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

40 Pennyhill Gate — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 233 m), 1 parks (nearest 212 m).

Search radius
🏫Education1
🌳Parks1

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%

Sales History

Sold 10/2019CA$400k–450k
Sold price

Same street

Bottom 24%

Same area

Bottom 19%

City-wide

Top 32%

Related homes

Highlights & common questions: 40 Pennyhill Gate, Winnipeg

Property Overview & Key Characteristics

40 Pennyhill Gate is a modern, well-sized family home built in 2019, located in Winnipeg's Leila North neighbourhood. Its primary appeal lies in its balance of contemporary construction and practical space. With 1,674 sqft of living area, the home offers ample room for a growing household or those seeking a low-maintenance, newer property without the premium often attached to brand-new builds.

The home’s standout characteristic is its age; it ranks in the top 4% city-wide for being newer than comparable properties, suggesting modern building standards, systems, and likely less immediate need for major repairs. Interestingly, while its assessed value is below average for its immediate street and neighbourhood, it ranks in the top 15% across the entire city. This indicates you may get more modern home for your dollar here compared to many other Winnipeg areas, though it may reflect the specific market dynamics of Leila North.

The property would suit first-time buyers or young families looking for a move-in-ready home with modern amenities. It also appeals to value-conscious buyers who prioritize a newer build but are comfortable with a lot size that is slightly more compact compared to some other city neighbourhoods.


Frequently Asked Questions

1. How does the assessed value compare to the last sale price?
The home sold for an estimated $400k-$450k in 2019, the year it was built. Its current assessed value is significantly lower at $53.20k. It’s important to understand that in Manitoba, assessed value for tax purposes is not an indicator of market value. The sale price history is a more relevant gauge.

2. Is the lot size a constraint?
With a 4,364 sqft lot, the property is typical for its street but below the neighbourhood average. It provides adequate outdoor space for a patio, garden, or play area, but may not suit those seeking extensive landscaping, a very large deck, or future large-scale additions.

3. What does the "top 15% city-wide" ranking for assessed value really mean?
This statistic means the home’s assessed value is higher than 85% of comparable properties across Winnipeg. This doesn't mean it's overpriced; rather, it often correlates with the home's newer age and modern features compared to the city's older housing stock. Your property taxes will be influenced by this assessment.

4. Are there other similar homes nearby?
Yes. The listing shows several homes on the same street built around the same time (2019-2022), indicating this is a relatively recent and consistent development within the area, which can be positive for neighbourhood cohesion and future resale.

5. How can I get the exact historical sale price?
The exact sale price is not publicly displayed due to data privacy. The listing service offers to provide it manually via email upon request, with a promise of a same-day reply and no unsolicited marketing.

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