Property score
45.8
Below average
Overall 45.8 · Smaller and older than most nearby homes
834 sqft (bottom 15%) · Built in 1914 (46 yrs older than avg)
Located in a above-average income area with median household income of ~75k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 park, and 1 place of worship nearby
Living Area
Below average
17% smaller than neighborhood avg.
Year Built
Below average
46 yrs older than neighborhood avg.
Mother tongue
English · 67%Tagalog · 12%
Past 10 years Munroe East sales snapshot (~80% of all data)
780
313.8k
$339/sqft
1960
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45.8 is composed by the two sections below.
Property Score
Community Score
Munroe East
How to read: Share of sales in each ~$50k price band for “munroe east” (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: #46110936
$75K
Median household income
$77K
Average household income
15%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.2
P90 / P10 ratio
30%
Single-person households
26%
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
515 Gateway Road — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 337 m), 1 parks (nearest 456 m).
Munroe East · WPS public data · 2026
Annual incidents
33
2026
vs. city avg
+12%
relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Property
52%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 18% | Bottom 16% | Bottom 13% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 515 Gateway Road, Winnipeg
Key Characteristics & Appeal
This home presents a distinct profile centered on value and potential. Built in 1914, it is a historic property with a modest 834 sqft footprint on a 3,293 sqft lot in Munroe East. Its assessed value is notably low compared to area averages, which is its most defining characteristic. The appeal lies squarely in its position as an accessible entry point into the Winnipeg market. It suits a specific buyer: those seeking a lower-cost foundation, whether it's a first-time homebuyer comfortable with a renovation project, an investor looking for a rental property with a manageable tax base, or someone interested in the character of an older home. A less obvious perspective is that its smaller size and lot, while below area averages, can mean lower maintenance costs and less upkeep—a practical advantage for a certain lifestyle. It’s a property where the financial numbers tell a clear story of opportunity rather than luxury.
Frequently Asked Questions
1. Why is the assessed value so much lower than nearby homes?
The assessed value is significantly below averages for the street, area, and city. This typically reflects the home's age (112 years), smaller size, and potentially its condition or recent market activity. It's a key factor contributing to the property's affordability.
2. What should I consider with a home built in 1914?
While offering classic charm, a home of this age will likely require careful attention to foundational elements, plumbing, electrical systems (which may need updating), and insulation. A thorough inspection is essential to understand the scope of any needed maintenance or renovations.
3. How does the sold price history inform the current value?
The home sold in the CA$200k–250k range in 2022. This recent sale provides a concrete market benchmark, suggesting the current assessed value may not reflect the price a buyer would pay today, which could be higher.
4. Is the smaller living space a major drawback?
At 834 sqft, the living area is compact. This suits minimalist living or small households but may feel constrained for others. It ranks more favorably on its street than in the wider area, indicating the immediate neighbourhood may have more homes of a similar scale.
5. How can I get the exact historical sold price?
The exact sold price is not publicly displayed. You can request it directly by emailing through the provided form on the listing page. The service promises to provide the accurate figure manually, without using your email for marketing.
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