116 Thatcher Drive

Montcalm, Winnipeg

Property score

83.2

Excellent

Overall 83.2 · Larger and newer than most nearby homes

2,993 sqft (top 5%) · Built in 1967 (2 yrs older than avg)

Located in a above-average income area with median household income of ~77k

Transit 100.0 · 1-min walk to transit with 6 nearby routes · Within 500m: 7 dining spots, 1 school, 2 healthcare facilitys, and 2 fuel stations nearby

Living Area

Above average

72% larger than neighborhood avg.

Year Built

Above average

2 yrs older than neighborhood avg.

Mother tongue

English · 59%Chinese · 13%

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

Sold Count

17

Median price

470k

$/sqft

$281/sqft

Avg build year

1969

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Property score

83.2 is composed by the two sections below.

Property Score

88.0Excellent
Living Area98
2,993 sqftExcellent
Year Built52
1967Fair
Lot Size93
8,634 sqftExcellent
Neighbourhood Sales Activity98
Excellent

Community Score

75.9Good
Household Income75
Good
Education Level91
Excellent
Housing Stress42
Low
Core Housing Need100
Excellent
Employment Health60
Fair

Neighbourhood Sales

Montcalm

No data yet — refresh community stats on the server if needed.

How to read: Share of sales in each ~$50k price band for “montcalm” (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: #46110985

Community deep dive

$77K

Median household income

$102K

Average household income

20%

Low income (LIM-AT)

0.3

Income inequality (Gini)

11.4

P90 / P10 ratio

27%

Single-person households

18%

Families with children

Population, labour & age

Population (2021)646
Labour force participation rate60%
Median age32.8
Avg household size2.4
Unemployment rate9%
Population density1059 / km²

Households & income

Low income (LIM-AT, % pop.)20%
Single-person households27%
Couple families with children18%
Median household income (2020)$77K

Housing

Renter households38%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority35%
Bachelor's or higher (25–64)59%
Mother tongue (1st)English · 58%
Mother tongue (2nd)Chinese · 13%

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

Rankings

Living Area

Elite
2,993 sqft
0255075100
Same streetTop 4%Same areaTop 5%CitywideTop 1%
Same street · Thatcher Drive
#3 / 83
Top 4% · Avg 1,707 sqft
Same area · Montcalm
#2 / 37
Top 5% · Avg 1,742 sqft
Citywide · Winnipeg
#2,033 / 194,458
Top 1% · Avg 1,342 sqft

Tax-Assessed Value

above average
603k
0255075100
Same streetTop 7%Same areaTop 11%CitywideTop 8%
Same street · Thatcher Drive
#6 / 83
Top 7% · Avg 487.5k
Same area · Montcalm
#4 / 37
Top 11% · Avg 505.9k
Citywide · Winnipeg
#14,999 / 194,458
Top 8% · Avg 390.1k

Year Built

above average
1967
0255075100
Same streetTop 10%Same areaTop 22%CitywideBottom 49%

Lot Size

Elite
8,634 sqft
0255075100
Same streetTop 5%Same areaTop 22%CitywideTop 9%

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

116 Thatcher Drive — 13 amenities found within 500 m, across 5 categories, including 7 dining (nearest 314 m), 1 education (nearest 336 m), 2 healthcare (nearest 356 m).

Search radius
🍽️Dining7
🏫Education1
🏥Healthcare2
Fuel Stations2
🏛️Government1

Crime & Safety

Montcalm · WPS public data · 2026

Annual incidents

48

2026

vs. city avg

+63%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Property

56%

Sales History

Sold 6/2020CA$550k–600k
Sold price

Same street

Top 9%

Same area

Top 18%

City-wide

Top 11%

Related homes

Highlights & common questions: 116 Thatcher Drive, Winnipeg

Property Overview: 116 Thatcher Drive, Winnipeg

Key Characteristics & Appeal

This home at 116 Thatcher Drive in Montcalm stands out for its generous proportions, both in living space and land. Built in 1967, its nearly 3,000 sqft of living area ranks in the top 5% for its immediate street and neighbourhood, and the top 1% city-wide, offering significantly more interior space than typical Winnipeg homes. The lot size of over 8,600 sqft is also notably large, placing it in the top 5% on Thatcher Drive.

The appeal lies in this rare combination of ample, established space on a substantial lot within a mature neighbourhood. It’s a property that offers room to grow, entertain, or simply enjoy privacy. The home’s assessed value is consistently above average across all comparison levels, suggesting a solid and recognized valuation.

This property would best suit buyers who prioritize space over a modern build, such as multi-generational families, those who value large gardens or outdoor potential, or anyone looking for a home where square footage isn’t a constraint. It’s for a buyer who sees the value in a character home from the 1960s and may be planning updates to suit their personal taste.

Frequently Asked Questions

1. How does the sold price history work?
The listed sale from 2020 shows a price range based on available public data. To obtain the exact historical sold price, you can submit an email request via the provided button for a manual reply.

2. What do the "Top X%" rankings mean?
They show how this property compares to similar homes in three areas: its immediate street, the broader Montcalm neighbourhood, and all of Winnipeg. For example, living area in the "Top 1% city-wide" means it is larger than 99% of comparable homes across the entire city.

3. The assessed value seems low compared to the sold price. Why?
Municipal assessed values in Manitoba are for tax purposes and are often significantly lower than current market values. The key metric is its ranking—being "above average" or in the "top X%" compared to peers indicates its relative standing.

4. What might be the considerations with a 1967-built home?
While the structure is from a well-regarded era of construction, a home of this age will likely have had several systems updated over time. Prospective buyers should investigate the age and condition of major components like the roof, windows, plumbing, and electrical to understand any upcoming investments.

5. How does the lot size compare practically?
At 8,634 sqft, the lot is about 40% larger than the city-wide average for comparable homes. This translates to more backyard space, greater potential for additions like a garage or garden suite (subject to zoning), and generally more privacy than found on newer, denser lots.