40 Tennant Gate

Leila North, Winnipeg

Property score

73.4

Good

Overall 73.4 · Smaller and older than most nearby homes

1,280 sqft (bottom 3%) · Built in 2017

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

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 2 parks nearby

Living Area

Below average

31% smaller than neighborhood avg.

Year Built

Below average

0 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

73.4 is composed by the two sections below.

Property Score

71.4Good
Living Area1,280 sqft66Good
Year Built201797Excellent
Lot Size4,202 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

around average
1,280 sqft
0255075100
Same streetBottom 4%Same areaBottom 3%CitywideTop 43%
Same street · Tennant Gate
#93 / 97
Bottom 4% · Avg 1,924 sqft
Same area · Leila North
#382 / 392
Bottom 3% · Avg 1,855 sqft
Citywide · Winnipeg
#83,403 / 194,458
Top 43% · Avg 1,342 sqft

Tax-Assessed Value

above average
520k
0255075100
Same streetBottom 15%Same areaBottom 22%CitywideTop 17%
Same street · Tennant Gate
#82 / 97
Bottom 15% · Avg 599.9k
Same area · Leila North
#305 / 392
Bottom 22% · Avg 567.9k
Citywide · Winnipeg
#32,505 / 194,458
Top 17% · Avg 390.1k

Year Built

Elite
2017
0255075100
Same streetTop 43%Same areaBottom 17%CitywideTop 5%

Lot Size

below average
4,202 sqft
0255075100
Same streetBottom 4%Same areaBottom 18%CitywideBottom 29%

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 Tennant Gate — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 361 m), 2 parks (nearest 196 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%

Sales History

Sold 10/2021CA$500k–550k
Sold price

Same street

Bottom 42%

Same area

Top 22%

City-wide

Top 11%

Related homes

Highlights & common questions: 40 Tennant Gate, Winnipeg

Property Overview: 40 Tennant Gate, Winnipeg

Section 1: Key Characteristics & Appeal

This 2017-built home in Leila North is a modern property with a practical footprint of 1,280 sq ft on a 4,202 sq ft lot. Its key appeal lies in its contemporary construction, requiring less immediate upkeep than older city homes, paired with an assessed value of $520k that positions it as a relative value within the newer home segment citywide.

The home suits first-time buyers or downsizers seeking a low-maintenance, modern property without a premium price tag. Its smaller lot and living space compared to immediate neighbours suggest a more efficient, manageable property, ideal for those prioritizing newer systems and finishes over expansive square footage. A thoughtful perspective is its citywide standing: while it ranks below average for size and value within its own street and neighbourhood, it sits well above the Winnipeg average for assessed value, indicating it's a solid asset in the broader market context. This creates a unique proposition—a newer home that feels modest on its block but represents a significant investment compared to most of the city's housing stock.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to others in Winnipeg?
The assessed value of $520k is above the Winnipeg average (top 17% citywide), but below the average for both Leila North and Tennant Gate specifically. This suggests you are purchasing a newer home at a value relative to the broader city, but on a street and in an area where many properties are valued higher.

2. Is the living space smaller than typical for the area?
Yes. At 1,280 sq ft, the living area is below the average for the street, the neighbourhood, and only slightly below the city average. This indicates a more compact, efficient layout compared to many nearby homes.

3. What are the benefits of a 2017 build year?
A home built in 2017 is modern and likely includes current building codes, energy efficiency standards, and warranties that may still be transferable. It typically means reduced immediate costs for major repairs (roof, HVAC, etc.) compared to the city's average home, which is decades older.

4. How can I find out what it last sold for?
The listing indicates a sale occurred in 2021 for an estimated range of $500k-$550k. For the exact sale price, you must request it directly via the email service provided on the listing page, as this data is not publicly displayed in detail.

5. What does the "below average" ranking for lot size mean?
With a 4,202 sq ft lot, the property has less yard space than most on its street and in Leila North. This translates to less exterior maintenance but also less private outdoor space, which is an important consideration for buyers comparing it to other homes in the immediate area.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.