124 Portside Drive

Normand Park, Winnipeg

Property score

86.2

Excellent

Overall 86.2 · Larger and newer than most nearby homes

2,499 sqft (top 14%) · Built in 2009 (9 yrs newer than avg)

Located in a high-income area with median household income of ~93k

Transit 58.0 · 8-min walk to transit with 2 nearby routes · Within 500m: 3 parks, and 1 fuel station nearby

Living Area

Above average

21% larger than neighborhood avg.

Year Built

Above average

9 yrs newer than neighborhood avg.

Mother tongue

English · 70%French · 9%

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

Sold Count

138

Median price

599.9k

$/sqft

$343/sqft

Avg build year

2000

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Property score

86.2 is composed by the two sections below.

Property Score

90.7Excellent
Living Area2,499 sqft96Excellent
Year Built200990Excellent
Lot Size5,596 sqft74Good
Neighbourhood Sales Activity80Good

Community Score

79.4Good
Household Income82Excellent
Education Level100Excellent
Housing Stress42Low
Core Housing Need100Excellent
Employment Health42Low

Neighbourhood Sales

Normand Park

How to read: Share of sales in each ~$50k price band for “normand park” (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: #46110939

Community deep dive

$93K

Median household income

$138K

Average household income

4%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

29%

Single-person households

24%

Families with children

Population, labour & age

Population (2021)2,054
Labour force participation rate46%
Median age60.8
Avg household size2.2
Unemployment rate5%
Population density1378 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households29%
Couple families with children24%
Median household income (2020)$93K

Housing

Renter households49%
Condominium dwellings7%
Median dwelling value (owners)$552K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority14%
Bachelor's or higher (25–64)64%
Mother tongue (1st)English · 70%
Mother tongue (2nd)French · 8%

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

Rankings

Living Area

Elite
2,499 sqft
0255075100
Same streetTop 13%Same areaTop 14%CitywideTop 3%
Same street · Portside Drive
#7 / 56
Top 13% · Avg 2,113 sqft
Same area · Normand Park
#57 / 418
Top 14% · Avg 2,070 sqft
Citywide · Winnipeg
#5,653 / 194,458
Top 3% · Avg 1,342 sqft

Tax-Assessed Value

Elite
749k
0255075100
Same streetTop 20%Same areaTop 18%CitywideTop 3%
Same street · Portside Drive
#11 / 56
Top 20% · Avg 683k
Same area · Normand Park
#76 / 418
Top 18% · Avg 628.5k
Citywide · Winnipeg
#5,670 / 194,458
Top 3% · Avg 390.1k

Year Built

above average
2009
0255075100
Same streetTop 14%Same areaTop 19%CitywideTop 12%

Lot Size

around average
5,596 sqft
0255075100
Same streetTop 48%Same areaBottom 25%CitywideTop 41%

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

124 Portside Drive — 4 amenities found within 500 m, across 2 categories, including 3 parks (nearest 232 m).

Search radius
🌳Parks3
Fuel Stations1

Crime & Safety

Normand Park · WPS public data · 2025

Annual incidents

24

2025

vs. city avg

-19%

relative to avg

Year-over-year

▲ +41%

vs. prior year

Primary type

Property

88%

Sales History

Sold 10/2016CA$600k–650k
Sold price

Same street

Bottom 43%

Same area

Top 41%

City-wide

Top 7%

Related homes

Highlights & common questions: 124 Portside Drive, Winnipeg

Property Overview: 124 Portside Drive, Normand Park

Key Characteristics & Appeal

This home at 124 Portside Drive is a spacious, modern property built in 2009, offering nearly 2,500 square feet of living space. Its primary appeal lies in its significant size and above-average assessed value of $749,000, which positions it as a premium offering not just in its immediate area but across the entire city. The data shows it ranks in the top 3% of all Winnipeg homes for living area and assessed value, indicating an elite level of space and valuation.

The property suits buyers looking for a move-in ready, substantial home from the 2000s without needing updates. It’s ideal for growing families or those who value ample indoor space, as the lot size, while perfectly functional, is more typical for the neighbourhood. A thoughtful perspective is that this home represents a "value-density" play: you are investing significantly more in the structure and living space than in the land itself, which appeals to those prioritizing interior comfort over extensive yard maintenance. Its strong city-wide rankings suggest it would also attract buyers comparing across multiple neighbourhoods who are focused on getting maximum square footage for their budget.


Frequently Asked Questions

1. How does this home compare to others on the street?
It stands above average on Portside Drive, particularly in living area (top 13%) and assessed value (top 20%). It is newer than most on the street and offers more interior space than the street average, though the lot size is typical for the area.

2. What does the sold price history indicate?
The home sold in October 2016 for between $600,000 and $650,000. This past sale, combined with the current assessed value, provides a benchmark for its appreciation and market trajectory over the last eight years.

3. Is the lot size a disadvantage?
The lot of 5,596 sq ft is around the city average but is below the average for the broader Normand Park area. This means the property’s premium is in the home’s size and condition, not in the land. It’s suitable for those who prefer a manageable yard.

4. How current are the systems and major components?
Built in 2009, the home is 17 years old. Buyers should anticipate that original major components (like the roof, HVAC, and appliances) may be nearing or beyond their typical lifespan and could require attention or replacement in the coming years.

5. How can I verify the exact historical sold price?
The site provides sold price ranges for general research. To obtain the exact sale figure, you must request a manual lookup via email, as the data is not sourced from the MLS.

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