106 Stoney Lake Bay

Meadows, Winnipeg

Property score

74.5

Good

Overall 74.5 · Compared with neighbourhood average

1,301 sqft (top 40%) · Built in 1989 (1 yr older than avg)

Located in a high-income area with median household income of ~105k

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 3 parks nearby

Living Area

Near average

1% larger than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 58%Punjabi · 12%

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

Sold Count

637

Median price

475.6k

$/sqft

$441/sqft

Avg build year

1990

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Property score

74.5 is composed by the two sections below.

Property Score

69.9Good
Living Area1,301 sqft71Good
Year Built198978Good
Lot Size4,999 sqft60Fair
Neighbourhood Sales Activity53Fair

Community Score

81.3Excellent
Household Income87Excellent
Education Level72Good
Housing Stress63Fair
Core Housing Need88Excellent
Employment Health83Excellent

Neighbourhood Sales

Meadows

How to read: Share of sales in each ~$50k price band for “meadows” (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: #46111253

Community deep dive

$105K

Median household income

$113K

Average household income

5%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

18%

Single-person households

38%

Families with children

Population, labour & age

Population (2021)5,276
Labour force participation rate76%
Median age36.4
Avg household size2.9
Unemployment rate7%
Population density2536 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households18%
Couple families with children38%
Median household income (2020)$105K

Housing

Renter households30%
Condominium dwellings4%
Median dwelling value (owners)$424K

Diversity, education & language

Immigrants (share of pop.)36%
Visible minority47%
Bachelor's or higher (25–64)38%
Mother tongue (1st)English · 57%
Mother tongue (2nd)Punjabi · 11%

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

Rankings

Living Area

around average
1,301 sqft
0255075100
Same streetBottom 47%Same areaTop 40%CitywideTop 42%
Same street · Stoney Lake Bay
#26 / 49
Bottom 47% · Avg 1,409 sqft
Same area · Meadows
#790 / 1,959
Top 40% · Avg 1,286 sqft
Citywide · Winnipeg
#80,793 / 194,458
Top 42% · Avg 1,342 sqft

Tax-Assessed Value

around average
365k
0255075100
Same streetBottom 4%Same areaBottom 36%CitywideTop 49%
Same street · Stoney Lake Bay
#47 / 49
Bottom 4% · Avg 430.8k
Same area · Meadows
#1,261 / 1,959
Bottom 36% · Avg 409.1k
Citywide · Winnipeg
#94,553 / 194,458
Top 49% · Avg 390.1k

Year Built

above average
1989
0255075100
Same streetBottom 49%Same areaTop 31%CitywideTop 23%

Lot Size

around average
4,999 sqft
0255075100
Same streetBottom 8%Same areaBottom 41%CitywideBottom 45%

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

106 Stoney Lake Bay — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 208 m).

Search radius
🌳Parks3

Crime & Safety

Meadows · WPS public data · 2026

Annual incidents

9

2026

vs. city avg

-69%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

78%

Sales History

Sold 8/2022CA$350k–400k
Sold price

Same street

Bottom 43%

Same area

Top 38%

City-wide

Top 36%

Related homes

Highlights & common questions: 106 Stoney Lake Bay, Winnipeg

Property Overview: 106 Stoney Lake Bay, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 106 Stoney Lake Bay in the Meadows neighbourhood presents a practical and value-conscious opportunity. Built in 1989, it offers 1,301 sqft of living space on a 4,999 sqft lot, placing it squarely in the average range for size both within the broader city and its immediate area. Its primary appeal lies in its financial positioning. The home’s assessed value is notably below average for its specific street, suggesting a potentially lower property tax burden relative to its neighbours. This, combined with a sold price in the $350k-$400k range in 2022, indicates it may attract buyers seeking an affordable entry into a stable neighbourhood.

The property would suit first-time buyers or downsizers who prioritize functional space and fiscal efficiency over premium lot size or street prominence. A thoughtful perspective is that while the lot is smaller than others on Stoney Lake Bay, it requires less maintenance, which can be a hidden benefit. Its "around average" metrics across the city suggest a home that is unlikely to over-extend a budget for its core features, representing a grounded, no-fuss option in Winnipeg’s market.

Section 2: Frequently Asked Questions

1. Is the assessed value unusually low?
Yes, compared to other homes on Stoney Lake Bay, its assessed value is in the bottom tier (ranked 47th out of 49). This could be due to factors like the smaller lot or the home’s specific condition. It generally translates to lower property taxes, but it's wise to understand the reasons behind the assessment.

2. How does the lot size impact the property?
At 4,999 sqft, the lot is below the street average but close to the average for the Meadows area. This means outdoor space is more manageable but may feel limited compared to immediate neighbours. It’s a trade-off between lower maintenance and less private yard space.

3. What does the sold price history indicate?
The home sold for between $350,000 and $400,000 in 2022. This price was around the median range for the city at that time, indicating a market-value transaction. It provides a recent benchmark for the home’s market worth.

4. Is the living space sufficient for a family?
At 1,301 sqft, the living area is very close to the Winnipeg city average. It typically provides adequate space for a small to medium-sized family, comparable to many other homes in the broader area, though it is slightly smaller than the average on its own street.

5. How can I get the exact historical sold price?
The exact sold price is not publicly displayed. You can request it by email via the button on the property page. The service is manual, with a promise of a reply by the end of the same day, and your email will not be used for unsolicited marketing.

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