586 Glenway Avenue

River East, Winnipeg

Property score

73.5

Good

Overall 73.5 · Compared with neighbourhood average

1,222 sqft (bottom 44%) · Built in 1978 (2 yrs newer than avg)

Located in a high-income area with median household income of ~104k

Transit 54.0 · 8-min walk to transit with 2 nearby routes · Within 500m: 2 parks nearby

Living Area

Near average

13% smaller than neighborhood avg.

Year Built

Near average

2 yrs newer than neighborhood avg.

Mother tongue

English · 81%French · 2%

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

73.5 is composed by the two sections below.

Property Score

66.8Good
Living Area66
1,222 sqftGood
Year Built67
1978Good
Lot Size81
6,101 sqftExcellent
Neighbourhood Sales Activity32
Low

Community Score

83.6Excellent
Household Income86
Excellent
Education Level82
Excellent
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health42
Low

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: #46110770

Community deep dive

$104K

Median household income

$100K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

19%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)298
Labour force participation rate51%
Median age55.2
Avg household size2.3
Unemployment rate7%
Population density2483 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households19%
Couple families with children26%
Median household income (2020)$104K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$360K

Diversity, education & language

Immigrants (share of pop.)3%
Visible minority3%
Bachelor's or higher (25–64)46%
Mother tongue (1st)English · 81%
Mother tongue (2nd)French · 1%

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

Rankings

Living Area

around average
1,222 sqft
0255075100
Same streetBottom 37%Same areaBottom 44%CitywideTop 48%
Same street · Glenway Avenue
#52 / 83
Bottom 37% · Avg 1,322 sqft
Same area · River East
#1,587 / 2,836
Bottom 44% · Avg 1,399 sqft
Citywide · Winnipeg
#93,411 / 194,458
Top 48% · Avg 1,342 sqft

Tax-Assessed Value

around average
376k
0255075100
Same streetBottom 25%Same areaBottom 42%CitywideTop 45%
Same street · Glenway Avenue
#62 / 83
Bottom 25% · Avg 402.1k
Same area · River East
#1,634 / 2,836
Bottom 42% · Avg 401.1k
Citywide · Winnipeg
#87,643 / 194,458
Top 45% · Avg 390.1k

Year Built

around average
1978
0255075100
Same streetTop 47%Same areaTop 34%CitywideTop 35%

Lot Size

above average
6,101 sqft
0255075100
Same streetBottom 49%Same areaBottom 49%CitywideTop 29%

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

586 Glenway Avenue — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 308 m).

Search radius
🌳Parks2

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 8/2023CA$350k–400k
Sold price

Same street

Bottom 37%

Same area

Top 39%

City-wide

Top 34%

Related homes

Highlights & common questions: 586 Glenway Avenue, Winnipeg

Property Overview: 586 Glenway Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This 1,222 sqft home on a 6,101 sqft lot in River East presents a solid, middle-of-the-road offering in the Winnipeg market. Built in 1978, its living space, assessed value ($376k), and lot size all register as "around average" when compared to its immediate street, neighborhood, and the wider city. This consistency is its defining characteristic: it’s a property that doesn’t stand out for being exceptionally large or small, new or old, but rather offers a stable, known quantity.

The appeal lies in its predictability and positioning. For a buyer, it means less risk of overpaying relative to the area and a clear understanding of what you're getting—a home that aligns with the established community norms. The lot size is actually above the city-wide average, offering a slight edge in outdoor space. It would best suit pragmatic, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize a straightforward purchase in a settled neighborhood over standout features or a fixer-upper project. Its recent sale in 2023 also provides a clear, contemporary price benchmark for evaluation.

Section 2: Frequently Asked Questions

1. How does this home’s size compare to others nearby?
At 1,222 sqft, the living area is very close to the averages for Glenway Avenue (1,322 sqft), River East (1,399 sqft), and Winnipeg overall (1,342 sqft). It is a comfortably average-sized home for the area.

2. Is the assessed value a good indicator of the likely selling price?
The assessed value is $376,000. Notably, the home sold for between $350,000 and $400,000 in August 2023, indicating the assessment is closely aligned with recent market activity. Exact sale prices require a manual lookup from verified sources.

3. What is the property’s lot size, and is it a benefit?
The lot is 6,101 sqft. While around average for the street and neighborhood, it is above the city-wide average of 6,570 sqft, which could be a relative advantage for outdoor use or future projects compared to many Winnipeg homes.

4. How old is this home, and what does that mean for maintenance?
Built in 1978, the home is slightly newer than the Winnipeg average but typical for its street. Buyers should anticipate maintenance consistent with a home of this age, including potential updates to major systems like roofing, windows, or HVAC.

5. Where can I see verified historical sale data for this property?
The provided sold price data is from public records. For fully verified figures and a complete transaction history, you must request a manual lookup from the site, as MLS data is not displayed here due to industry rules.