132 Cheema Drive

North Inkster Industrial, Winnipeg

Property score

82.4

Excellent

Overall 82.4 · Newer than most nearby homes

1,615 sqft (top 41%) · Built in 2023 (5 yrs newer than avg)

Located in a high-income area with median household income of ~121k

Transit 76.0 · 7-min walk to transit with 4 nearby routes · Within 500m: 2 parks, and 1 place of worship nearby

Living Area

Near average

1% smaller than neighborhood avg.

Year Built

Above average

5 yrs newer than neighborhood avg.

Mother tongue

Punjabi · 33%English · 33%

Past 10 years North Inkster Industrial sales snapshot (~80% of all data)

Sold Count

469

Median price

475.8k

$/sqft

$297/sqft

Avg build year

2018

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Property score

82.4 is composed by the two sections below.

Property Score

79.8Good
Living Area1,615 sqft83Excellent
Year Built2023100Excellent
Lot Size3,068 sqft38Low
Neighbourhood Sales Activity86Excellent

Community Score

86.3Excellent
Household Income91Excellent
Education Level72Good
Housing Stress74Good
Core Housing Need100Excellent
Employment Health90Excellent

Neighbourhood Sales

North Inkster Industrial

How to read: Share of sales in each ~$50k price band for “north inkster industrial” (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: #46111118

Community deep dive

$121K

Median household income

$133K

Average household income

5%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

5%

Single-person households

50%

Families with children

Population, labour & age

Population (2021)3,661
Labour force participation rate78%
Median age31.6
Avg household size4.0
Unemployment rate6%
Population density479 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households5%
Couple families with children50%
Median household income (2020)$121K

Housing

Renter households9%
Condominium dwellings3%
Median dwelling value (owners)$440K

Diversity, education & language

Immigrants (share of pop.)51%
Visible minority86%
Bachelor's or higher (25–64)36%
Mother tongue (1st)Punjabi · 33%
Mother tongue (2nd)English · 32%

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

Rankings

Living Area

above average
1,615 sqft
0255075100
Same streetTop 44%Same areaTop 41%CitywideTop 25%
Same street · Cheema Drive
#28 / 64
Top 44% · Avg 1,723 sqft
Same area · North Inkster Industrial
#256 / 629
Top 41% · Avg 1,635 sqft
Citywide · Winnipeg
#47,907 / 194,458
Top 25% · Avg 1,342 sqft

Tax-Assessed Value

above average
446k
0255075100
Same streetTop 50%Same areaBottom 49%CitywideTop 29%
Same street · Cheema Drive
#32 / 64
Top 50% · Avg 500.2k
Same area · North Inkster Industrial
#319 / 629
Bottom 49% · Avg 484.4k
Citywide · Winnipeg
#56,541 / 194,458
Top 29% · Avg 390.1k

Year Built

Elite
2023
0255075100
Same streetTop 13%Same areaTop 4%CitywideTop 1%

Lot Size

around average
3,068 sqft
0255075100
Same streetBottom 47%Same areaBottom 36%CitywideBottom 13%

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

132 Cheema Drive — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 210 m).

Search radius
🌳Parks2
Worship1

Crime & Safety

North Inkster Industrial · WPS public data · 2026

Annual incidents

5

2026

vs. city avg

-83%

relative to avg

Year-over-year

-93%

vs. prior year

Primary type

Property

100%

Sales History

Sold 2/2023CA$400k–450k
Sold price

Same street

Bottom 44%

Same area

Top 46%

City-wide

Top 27%

Related homes

Highlights & common questions: 132 Cheema Drive, Winnipeg

Property Overview: 132 Cheema Drive, Winnipeg

Key Characteristics & Appeal

This is a modern, low-maintenance home built in 2023, offering the appeal of a nearly new property with contemporary building standards and systems. Its 1,615 sqft living space is efficiently sized, ranking above average city-wide, making it suitable for small families, couples, or professionals seeking a turn-key home without excessive upkeep.

The primary appeal lies in its balance of new construction and value. While its assessed value ($446k) is around the average for its immediate street and North Inkster Industrial area, it stands as an above-average offering compared to the wider Winnipeg market, where home ages are significantly older. This positions it as a modern alternative in a city with a predominantly older housing stock. The lot size (3,068 sqft) is compact, which translates to less yard maintenance—a plus for busy buyers—but may be a consideration for those wanting extensive outdoor space.

This property would best suit pragmatic buyers who prioritize modern interiors, energy efficiency, and minimal immediate repair needs over a large lot or established neighbourhood character. It’s a strong fit for first-time homeowners looking for a contemporary layout or downsizers seeking a newer, single-level living option without the premium often attached to infill properties in more central neighbourhoods.


Frequently Asked Questions

1. How does this home’s value compare to others in Winnipeg?
The home’s assessed value is above the city-wide average, but it’s competitively priced within its own neighbourhood and street. You are paying a premium for the 2023 build year compared to the typical Winnipeg home, but not an outlier premium for the immediate area.

2. What are the implications of the smaller lot size?
At approximately 3,068 sqft, the lot is below the city-wide average. This means lower maintenance and potentially lower property taxes tied to land value, but also limited space for expansions, large gardens, or extensive outdoor recreation. It reflects a more efficient, modern land use.

3. Is this part of a new development?
Given the 2023 build year and the cluster of nearby homes on Cheema Drive with similar recent build dates or assessments, it is very likely part of a recent subdivision or development phase in the North Inkster Industrial area.

4. What does “North Inkster Industrial” indicate about the neighbourhood?
This designation suggests a mixed-use or light industrial area, which may offer proximity to employment hubs and major transportation routes. Buyers should consider the typical sights, sounds, and traffic patterns associated with an industrial zone versus a purely residential one.

5. Where can I find verified past sale prices for this home?
The provided data indicates a sale in February 2023. For fully verified and exact sale figures, you must request a manual lookup from the site via email, as they do not display MLS sold records due to industry rules.

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