23 Parkway Place

River East, Winnipeg

Property score

90.0

Excellent

Overall 90.0 · Larger and newer than most nearby homes

2,444 sqft (top 4%) · Built in 1986 (10 yrs newer than avg)

Located in a high-income area with median household income of ~143k

Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 2 parks, and 1 government office nearby

Living Area

Above average

75% larger than neighborhood avg.

Year Built

Above average

10 yrs newer than neighborhood avg.

Mother tongue

English · 75%French · 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

90.0 is composed by the two sections below.

Property Score

89.4Excellent
Living Area2,444 sqft96Excellent
Year Built198678Good
Lot Size10,712 sqft97Excellent
Neighbourhood Sales Activity32Low

Community Score

90.8Excellent
Household Income93Excellent
Education Level91Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

River East

How to read: Share of sales in each ~$50k price band for “river 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: #46110739

Community deep dive

$143K

Median household income

$208K

Average household income

2%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

7%

Single-person households

35%

Families with children

Population, labour & age

Population (2021)709
Labour force participation rate59%
Median age48.4
Avg household size2.8
Unemployment rate0%
Population density1477 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households7%
Couple families with children35%
Median household income (2020)$143K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$492K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority4%
Bachelor's or higher (25–64)55%
Mother tongue (1st)English · 75%
Mother tongue (2nd)French · 0%

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

Rankings

Living Area

Elite
2,444 sqft
0255075100
Same streetBottom 44%Same areaTop 4%CitywideTop 3%
Same street · Parkway Place
#9 / 16
Bottom 44% · Avg 2,328 sqft
Same area · River East
#106 / 2,836
Top 4% · Avg 1,399 sqft
Citywide · Winnipeg
#6,540 / 194,458
Top 3% · Avg 1,342 sqft

Tax-Assessed Value

Elite
612k
0255075100
Same streetTop 44%Same areaTop 3%CitywideTop 7%
Same street · Parkway Place
#7 / 16
Top 44% · Avg 578.9k
Same area · River East
#71 / 2,836
Top 3% · Avg 401.1k
Citywide · Winnipeg
#13,868 / 194,458
Top 7% · Avg 390.1k

Year Built

Elite
1986
0255075100
Same streetTop 6%Same areaTop 5%CitywideTop 27%

Lot Size

Elite
10,712 sqft
0255075100
Same streetTop 38%Same areaTop 8%CitywideTop 5%

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

23 Parkway Place — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 361 m).

Search radius
🌳Parks2
🏛️Government1

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%

Sales History

Sold 8/2019CA$500k–550k
Sold price

Same street

Bottom 33%

Same area

Top 8%

City-wide

Top 14%

Related homes

Highlights & common questions: 23 Parkway Place, Winnipeg

Property Overview: 23 Parkway Place, River East, Winnipeg

Key Characteristics & Appeal

This home presents a compelling blend of space, location, and established value. At 2,444 sqft, its living area is notably spacious, ranking within the top 4% of the River East neighborhood and the top 3% city-wide, offering significantly more room than typical Winnipeg homes. It sits on a large 10,712 sqft lot, providing ample outdoor space that is well above area and city averages. Built in 1986, the property is newer than most comparable homes in its immediate area and neighborhood, suggesting potentially fewer concerns with aging infrastructure found in older builds.

The primary appeal lies in its position as a substantial, well-sited property in a mature community. While its assessed value of $612k is around the average for its own street, it ranks within the top 3% for River East, indicating it is a premium property within a desirable neighborhood context. This home would ideally suit buyers looking for generous interior and yard space without moving to a distant suburb—those who value established communities, larger lot sizes, and a home that stands above the norm for the broader area. It’s a property that offers neighborhood prestige and city-level rarity in terms of square footage.

Frequently Asked Questions

1. How does this home’s value compare to recent sales on the street?
The property last sold in August 2019 for between $500,000 and $550,000. Its current assessed value of $612k is above that prior sale range and ranks 7th highest out of 16 homes on Parkway Place, placing it slightly above the street's average assessed value.

2. Is the living space efficient for a home of this size?
While the total living area is large, it's important to consider the layout. The home was built in 1986, so its floor plan may differ from modern open-concept designs. Viewing the property in person is the best way to assess if the space meets your functional needs.

3. What does the "Elite" ranking for the neighborhood actually mean?
For River East, rankings in the top 5% (like this home's living area and assessed value) mean it is among the largest and most valuable properties in one of Winnipeg's larger neighborhoods. It signifies a standout property within a well-established area, not necessarily a luxury enclave.

4. The lot is large, but how is it shaped and positioned?
The lot size of 10,712 sqft is a major asset. To understand its usability—for example, for gardening, additions, or privacy—you would need to review the lot dimensions and orientation on a survey or detailed map, as shape is as important as total square footage.

5. How can I verify the exact historical sold prices?
The site provides sold price ranges for context. Due to industry rules, exact MLS sold figures are not displayed publicly here. You can request the full, verified transaction history by emailing the site directly for a manual lookup.

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