555 Gateway Road

Munroe East, Winnipeg

Property score

66.2

Good

Overall 66.2 · Larger and newer than most nearby homes

1,360 sqft (top 4%) · Built in 2013 (53 yrs newer than avg)

Located in a above-average income area with median household income of ~72k

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 1 place of worship nearby

Living Area

Above average

35% larger than neighborhood avg.

Year Built

Above average

53 yrs newer than neighborhood avg.

Mother tongue

English · 72%Tagalog · 5%

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

Sold Count

780

Median price

313.8k

$/sqft

$339/sqft

Avg build year

1960

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Property score

66.2 is composed by the two sections below.

Property Score

67.2Good
Living Area1,360 sqft71Good
Year Built201394Excellent
Lot Size2,684 sqft28Low
Neighbourhood Sales Activity32Low

Community Score

64.7Fair
Household Income72Good
Education Level34Low
Housing Stress83Excellent
Core Housing Need76Good
Employment Health60Fair

Neighbourhood Sales

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.

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: #46110697

Community deep dive

$72K

Median household income

$87K

Average household income

17%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

28%

Single-person households

24%

Families with children

Population, labour & age

Population (2021)615
Labour force participation rate61%
Median age38.8
Avg household size2.5
Unemployment rate9%
Population density3236 / km²

Households & income

Low income (LIM-AT, % pop.)17%
Single-person households28%
Couple families with children24%
Median household income (2020)$72K

Housing

Renter households25%
Condominium dwellings0%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority21%
Bachelor's or higher (25–64)15%
Mother tongue (1st)English · 71%
Mother tongue (2nd)Tagalog · 4%

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

Rankings

Living Area

Elite
1,360 sqft
0255075100
Same streetTop 9%Same areaTop 4%CitywideTop 38%
Same street · Gateway Road
#8 / 91
Top 9% · Avg 1,054 sqft
Same area · Munroe East
#80 / 2,226
Top 4% · Avg 1,009 sqft
Citywide · Winnipeg
#73,421 / 194,458
Top 38% · Avg 1,342 sqft

Tax-Assessed Value

Elite
358k
0255075100
Same streetTop 18%Same areaTop 5%CitywideBottom 49%
Same street · Gateway Road
#16 / 91
Top 18% · Avg 300.4k
Same area · Munroe East
#112 / 2,226
Top 5% · Avg 293.5k
Citywide · Winnipeg
#99,164 / 194,458
Bottom 49% · Avg 390.1k

Year Built

Elite
2013
0255075100
Same streetTop 4%Same areaTop 1%CitywideTop 9%

Lot Size

below average
2,684 sqft
0255075100
Same streetBottom 1%Same areaBottom 5%CitywideBottom 7%

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

555 Gateway Road — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 355 m).

Search radius
🏫Education1
Worship1

Crime & Safety

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%

Sales History

Sold 10/2019CA$250k–300k
Sold price

Same street

Top 32%

Same area

Top 40%

City-wide

Bottom 34%

Related homes

Highlights & common questions: 555 Gateway Road, Winnipeg

Property Overview

This home at 555 Gateway Road in Winnipeg's Munroe East neighborhood presents a distinct profile. Built in 2013, it is a notably modern property in an area where most homes are decades older, ranking in the top 1-4% for its newness locally. With 1,360 sqft of living space, it offers above-average interior room for both its immediate street and the broader Munroe East area. The assessed value of $35.80k positions it as an elite-level property within the neighborhood context.

Its primary appeal lies in this combination of modern construction and efficient use of space within a well-established community. Buyers get a contemporary home that likely requires less immediate upkeep than older stock, without the premium lot size typically associated with newer builds. The trade-off is a compact, below-average lot size of 2,684 sqft, which is a consistent feature across all comparison levels.

This property would best suit buyers who prioritize a modern, low-maintenance home in a mature neighborhood and value interior space over a large yard. It’s ideal for professionals, small families, or downsizers seeking a newer build without venturing to the outer suburbs. It may be less suitable for those who desire extensive outdoor space for gardening or recreation.


Frequently Asked Questions

1. How does the lot size impact the property?
The lot is significantly smaller than area averages. This means lower exterior maintenance but also limited private outdoor space. It’s a efficient, low-yard lifestyle choice.

2. Why is the assessed value so much lower than the city-wide average for comparable homes?
The "comparable group" city-wide includes homes of similar assessed value, not similar size or age. This $35.80k assessment is actually elite for Munroe East, reflecting the neighborhood's overall market values compared to the entire city.

3. What does the sold price history indicate?
The home sold between $250k-$300k in 2019. This past sale, ranking in the top third for the street, suggests it has commanded a solid value relative to its older neighbors.

4. Is this a good option for someone wanting a new home in an old neighborhood?
Yes, that’s its standout feature. It ranks in the top 1% for year built in Munroe East, offering modern systems and layout in a settled area, which is a rare find.

5. How does the living area compare practically?
At 1,360 sqft, it offers more interior space than most homes on its street and in Munroe East. However, it is slightly below the city-wide average for homes of similar assessed value, indicating you are paying a premium for the modern build and neighborhood location rather than maximum square footage.

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