Property score
76.2
Good
Overall 76.2 · Smaller but newer than most nearby homes
1,566 sqft (bottom 20%) · 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
Living Area
Below average
16% smaller than neighborhood avg.
Year Built
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)
248
471.5k
$304/sqft
2017
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76.2 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110001
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
405 Cartesian Gate — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 200 m), 2 parks (nearest 320 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 17% | Bottom 12% | Top 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 405 Cartesian Gate, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a modern, low-maintenance property built in 2022, offering a turn-key solution in Winnipeg's Leila North area. Its primary appeal lies in its new construction, which means modern building standards, contemporary finishes, and minimal immediate repair concerns. With 1,566 sqft of living space, it is notably more spacious than the average Winnipeg home, providing ample room for daily life.
The property’s characteristics present a specific value proposition. While the lot size is compact relative to most of the city, this translates to less yard upkeep—a plus for those seeking a simpler lifestyle. The assessed value is positioned around the city-wide average, but it sits well below the averages for its own street and neighbourhood. This suggests the home may offer a more affordable entry point into a community where surrounding properties are valued higher, potentially appealing to value-conscious buyers who prioritize the home itself over land size.
This home would best suit first-time buyers, small families, or professionals looking for a modern, move-in-ready house without the demands of a large yard. It’s also a practical choice for those who prefer spending time indoors or on weekends away rather than on property maintenance.
Section 2: Frequently Asked Questions
1. Is this a good value for the area?
The data suggests it might be. The home’s assessed value is significantly lower than the average for both Cartesian Gate and the wider Leila North area. This could indicate a value opportunity, especially given the home's recent build date and above-average interior space compared to the city.
2. What are the trade-offs for a newer home on a smaller lot?
The benefit is a modern, efficient home with likely lower maintenance and newer systems. The trade-off is less outdoor private space compared to most homes in Winnipeg. Your lifestyle—whether you prefer gardening and large yards or minimal upkeep—will determine if this is a positive or a limitation.
3. How does the living space compare practically?
At 1,566 sqft, the home is larger than the typical Winnipeg house. This means more room for dedicated offices, family areas, or storage compared to many older, smaller bungalows, which is a key advantage for growing households.
4. Why is the assessed value lower than neighbours'?
The primary reason is likely the significantly smaller lot size, which is a major factor in property assessment. Being a newer build on a compact parcel results in a different value profile compared to older homes on larger lots in the same neighbourhood.
5. What is the likely neighbourhood dynamic?
As one of the newest homes on the street (ranked #1 for year built on Cartesian Gate), the property sits among a mix of presumably older homes. This can offer a blend of established community feel with the comforts of a new build, though styles and property sizes will vary.
