2 Parkroyal Bay

Linden Woods, Winnipeg

Property score

89.6

Excellent

Overall 89.6 · Older than most nearby homes

2,070 sqft (top 40%) · Built in 1985 (7 yrs older than avg)

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

Transit 74.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 2 parks nearby

Living Area

Near average

2% larger than neighborhood avg.

Year Built

Below average

7 yrs older than neighborhood avg.

Mother tongue

English · 77%Chinese · 4%

Past 10 years Linden Woods sales snapshot (~80% of all data)

Sold Count

797

Median price

662.5k

$/sqft

$341/sqft

Avg build year

1992

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Property score

89.6 is composed by the two sections below.

Property Score

88.2Excellent
Living Area2,070 sqft94Excellent
Year Built198573Good
Lot Size7,965 sqft91Excellent
Neighbourhood Sales Activity71Good

Community Score

91.6Excellent
Household Income93Excellent
Education Level100Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

Linden Woods

How to read: Share of sales in each ~$50k price band for “linden woods” (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: #46111028

Community deep dive

$148K

Median household income

$226K

Average household income

4%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.9

P90 / P10 ratio

12%

Single-person households

41%

Families with children

Population, labour & age

Population (2021)579
Labour force participation rate64%
Median age46.8
Avg household size2.8
Unemployment rate6%
Population density2631 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households12%
Couple families with children41%
Median household income (2020)$148K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority22%
Bachelor's or higher (25–64)63%
Mother tongue (1st)English · 76%
Mother tongue (2nd)Chinese · 4%

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

Rankings

Living Area

above average
2,070 sqft
0255075100
Same streetBottom 20%Same areaTop 40%CitywideTop 9%
Same street · Parkroyal Bay
#20 / 25
Bottom 20% · Avg 2,270 sqft
Same area · Linden Woods
#1,019 / 2,550
Top 40% · Avg 2,023 sqft
Citywide · Winnipeg
#17,878 / 194,458
Top 9% · Avg 1,342 sqft

Tax-Assessed Value

Elite
678k
0255075100
Same streetTop 48%Same areaTop 27%CitywideTop 4%
Same street · Parkroyal Bay
#12 / 25
Top 48% · Avg 701.8k
Same area · Linden Woods
#696 / 2,550
Top 27% · Avg 657.1k
Citywide · Winnipeg
#8,625 / 194,458
Top 4% · Avg 390.1k

Year Built

above average
1985
0255075100
Same streetTop 8%Same areaBottom 18%CitywideTop 29%

Lot Size

above average
7,965 sqft
0255075100
Same streetTop 48%Same areaTop 21%CitywideTop 11%

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

2 Parkroyal Bay — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 482 m), 2 parks (nearest 313 m).

Search radius
🏫Education1
🌳Parks2

Crime & Safety

Linden Woods · WPS public data · 2026

Annual incidents

16

2026

vs. city avg

-46%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Property

81%

Sales History

Sold 1/2025CA$800k–850k
Sold price

Same street

Top 15%

Same area

Top 8%

City-wide

Top 2%

Related homes

Highlights & common questions: 2 Parkroyal Bay, Winnipeg

Property Overview & Key Characteristics

This home at 2 Parkroyal Bay in Linden Woods is a well-established property that offers a balanced proposition. Built in 1985, it sits on a generous, mature lot of nearly 8,000 sq ft. With over 2,000 sq ft of living space, the home provides ample room in a sought-after neighbourhood. The data reveals its unique positioning: while its size and assessed value are fairly typical for its immediate street and the broader Linden Woods area, it stands out significantly when viewed city-wide, ranking in the top tiers for lot size, living area, and value.

Its primary appeal lies in this combination of a prime location within a mature, prestigious neighbourhood and a property scale that is increasingly rare in newer developments. It suits buyers looking for a solid, established home with room to grow, garden, or entertain outdoors. It would particularly resonate with those who value the character and space of an older lot over a brand-new build, and who appreciate a home that represents above-average space and value compared to the wider Winnipeg market.

Frequently Asked Questions

1. How does this home truly compare to others in Linden Woods?
While its living area is slightly below the neighbourhood average, its lot size is above average for Linden Woods. This suggests a property that may offer more outdoor space relative to its indoor footprint, which is a trade-off some buyers actively seek.

2. The home was built in 1985. What should I consider?
A home of this age is likely to have undergone various updates. The key will be to verify the condition and age of major systems like the roof, windows, furnace, and electrical. The positive perspective is that homes from this era often feature more robust construction and larger lot sizes than many contemporary builds.

3. The assessed value seems low compared to the recent sold price range. Why?
Manitoba property assessments are not intended to reflect current market value. They are used for municipal tax purposes and can lag behind rapid market changes. The recent sold price range (2025) is a far more accurate indicator of its current market worth.

4. What is the benefit of the lot being "above average" city-wide?
This is a less obvious but significant advantage. It means that for a comparable price within Winnipeg, it would be very difficult to find a lot of this size. This provides privacy, space for additions or pools, and simply more room between you and your neighbours—a premium feature.

5. How can I get the exact historical sold prices for this property?
As noted on the listing, exact sold prices are not publicly posted in Manitoba. You can request the precise history by emailing the provided contact on the detail page. They provide this data manually as a service without marketing spam.

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