23 Greenlea Cove

River East, ਵਿਨੀਪਿਗ

Property score

69.3

Good

Overall 69.3 · Compared with neighbourhood average

1,120 sqft (bottom 33%) · Built in 1975 (1 yr older than avg)

Located in a high-income area with median household income of ~101k

Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 3 parks nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Below average

20% smaller than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Below average

1 yrs older than neighborhood avg.

Mother tongue

English · 82%Tagalog · 1%

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

Sold Count

826

Median price

425k

$/sqft

$395/sqft

Avg build year

1976

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Property score

69.3 is composed by the two sections below.

Property Score

62.9Fair
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ1,120 sqft60Fair
ਤਰੀਕ ਤੋਂ ਬਣਿਆ197558Fair
ਜ਼ਮੀਨ7,983 sqft91Excellent
Neighbourhood Sales Activity32Low

Community Score

79.0Good
Household Income85Excellent
Education Level63Fair
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health68Good

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

River East

How to read: Share of sales in each ~$50k price band for “river east” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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: #46110740

Community deep dive

$101K

Median household income

$107K

Average household income

5%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.5

P90 / P10 ratio

16%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)706
Labour force participation rate62%
Median age46.4
Avg household size2.5
Unemployment rate6%
Population density2434 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households16%
Couple families with children30%
Median household income (2020)$101K

Housing

Renter households3%
Condominium dwellings0%
Median dwelling value (owners)$340K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority20%
Bachelor's or higher (25–64)30%
Mother tongue (1st)English · 82%
Mother tongue (2nd)Tagalog · 1%

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

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ ਤੋਂ ਉੱਪਰ
1,120 sqft
0255075100
Same streetਟਾਪ 11%Same areaਹੇਠਲੇ 33%Citywideਹੇਠਲੇ 42%
Same street · Greenlea Cove
#3 / 27
ਟਾਪ 11% · ਔਸਤ 1,085 sqft
Same area · River East
#1,902 / 2,836
ਹੇਠਲੇ 33% · ਔਸਤ 1,399 sqft
Citywide · ਵਿਨੀਪਿਗ
#112,617 / 194,458
ਹੇਠਲੇ 42% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ ਤੋਂ ਉੱਪਰ
379k
0255075100
Same streetਟਾਪ 26%Same areaਹੇਠਲੇ 44%Citywideਟਾਪ 44%
Same street · Greenlea Cove
#7 / 27
ਟਾਪ 26% · ਔਸਤ 357.4k
Same area · River East
#1,592 / 2,836
ਹੇਠਲੇ 44% · ਔਸਤ 401.1k
Citywide · ਵਿਨੀਪਿਗ
#85,956 / 194,458
ਟਾਪ 44% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਇਲੀਟ
1975
0255075100
Same streetਟਾਪ 4%Same areaਹੇਠਲੇ 38%Citywideਟਾਪ 40%

ਜ਼ਮੀਨ

ਔਸਤ ਤੋਂ ਉੱਪਰ
7,983 sqft
0255075100
Same streetਟਾਪ 11%Same areaਟਾਪ 21%Citywideਟਾਪ 11%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

23 Greenlea Cove — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 118 m).

Search radius
🌳Parks3

Crime & Safety

River East · WPS public data · 2026

Annual incidents

17

2026

vs. city avg

-42%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

71%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

11/2019 ਵਿਚ ਵਿਕਿਆCA$300k–350k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਹੇਠਲੇ 44%

ਉਹੀ ਇਲਾਕਾ

ਹੇਠਲੇ 33%

ਪੂਰਾ ਸ਼ਹਿਰ

ਹੇਠਲੇ 45%

Related homes

ਵਿਨੀਪਿਗ 23 Greenlea Cove — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview: 23 Greenlea Cove, Winnipeg

Key Characteristics & Appeal

This 1975-built home in River East presents a solid, grounded opportunity in the Winnipeg market. Its primary appeal lies in offering above-average space and land for its immediate area, providing a sense of value and room to breathe that can be harder to find in newer subdivisions. With 1,120 sqft of living area and a notably generous 7,983 sqft lot, it ranks in the top tier of its own street for both land size and the relative newness of its build year. The assessed value of $379k is modestly above the street average, suggesting a well-regarded position within this specific enclave of Greenlea Cove.

The property suits practical, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize lot size and established neighborhood character over a brand-new build. It’s a home for someone who sees potential in a late-20th-century house and values a larger outdoor space for gardening, children, or pets. A thoughtful perspective is that while the home’s metrics are average compared to wider Winnipeg, it stands out on its own street, indicating a desirable micro-location within River East. The data suggests you’re buying into one of the better-located and more spacious properties on the block, which can be a smart long-term play.

Frequently Asked Questions

1. How does this home’s value compare to recent sales on the street?
It last sold between $300k-$350k in late 2019. The current assessed value of $379k is above the street average, indicating perceived growth. For exact, verified sale figures, a manual lookup is required.

2. Is the lot size a significant advantage?
Yes. The lot is over 30% larger than the street average and ranks in the top 11% city-wide for comparable homes. This offers more privacy, yard space, and potential than most similar properties.

3. The home was built in 1975. What should I consider?
While its 1975 build date is the newest on the street, it will likely require updates common to homes of that era, such as windows, roofing, or interior finishes. A thorough inspection is advised.

4. Are the property taxes likely to be high?
The assessed value is above the street average but slightly below the neighborhood average. Taxes would be calculated based on this assessment and the city’s mill rate, likely falling in a mid-range for the area.

5. The living area is just above average for the street but below the city average. What does this mean for daily living?
It indicates a comfortable size for the immediate area, but the floor plan’s efficiency and the generous lot may offset any feeling of a smaller interior. It’s well-suited for a smaller household or those who spend significant time outdoors.

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