10 Vermette Place

River Park South, Winnipeg

Property score

85.4

Excellent

Overall 85.4 · Compared with neighbourhood average

1,534 sqft (top 39%) · Built in 1987 (3 yrs older than avg)

Located in a high-income area with median household income of ~141k

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 place of worship nearby

Living Area

Near average

9% larger than neighborhood avg.

Taon ng Paggawa

Near average

3 yrs older than neighborhood avg.

Mother tongue

English · 61%French · 5%

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

Sold Count

1,302

Median price

451k

$/sqft

$355/sqft

Avg build year

1990

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Property score

85.4 is composed by the two sections below.

Property Score

81.5Excellent
Living Area1,534 sqft79Good
Taon ng Paggawa198778Good
Lupa12,381 sqft98Excellent
Neighbourhood Sales Activity76Good

Community Score

91.3Excellent
Household Income93Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Istatistika ng benta ng komunidad

River Park South

How to read: Share of sales in each ~$50k price band for “river park south” (Detached na bahay (hindi 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: #46111261

Community deep dive

$141K

Median household income

$159K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

9%

Single-person households

54%

Families with children

Population, labour & age

Population (2021)1,363
Labour force participation rate75%
Median age36.8
Avg household size3.3
Unemployment rate5%
Population density1975 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households9%
Couple families with children54%
Median household income (2020)$141K

Housing

Renter households3%
Condominium dwellings8%
Median dwelling value (owners)$496K

Diversity, education & language

Immigrants (share of pop.)30%
Visible minority40%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 60%
Mother tongue (2nd)French · 5%

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

Mga ranggo

Living Area

lampas sa average
1,534 sqft
0255075100
Same streetBottom 33%Same areaTop 39%CitywideTop 29%
Same street · Vermette Place
#4 / 6
Bottom 33% · Avg 1,679 sqft
Same area · River Park South
#1,420 / 3,617
Top 39% · Avg 1,410 sqft
Citywide · Winnipeg
#55,521 / 194,458
Top 29% · Avg 1,342 sqft

Assessed Value

lampas sa average
516k
0255075100
Same streetBottom 33%Same areaTop 23%CitywideTop 17%
Same street · Vermette Place
#4 / 6
Bottom 33% · Avg 526.5k
Same area · River Park South
#828 / 3,617
Top 23% · Avg 447.2k
Citywide · Winnipeg
#33,632 / 194,458
Top 17% · Avg 390.1k

Taon ng Paggawa

lampas sa average
1987
0255075100
Same streetBottom 1%Same areaTop 32%CitywideTop 25%

Lupa

Elite
12,381 sqft
0255075100
Same streetTop 33%Same areaTop 1%CitywideTop 3%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

10 Vermette Place — 1 amenities found within 500 m, across 1 categories.

Search radius
Worship1

Crime & Safety

River Park South · WPS public data · 2026

Annual incidents

25

2026

vs. city avg

-15%

relative to avg

Year-over-year

-90%

vs. prior year

Primary type

Property

64%

Kasaysayan ng Benta

Naibenta 8/2016CA$350k–400k
Presyo ng benta

Parehong kalye

Bottom 1%

Parehong lugar

Top 47%

Buong lungsod

Top 35%

Related homes

Mga tampok at karaniwang tanong: 10 Vermette Place, Winnipeg

Property Overview: 10 Vermette Place, Winnipeg

Key Characteristics & Appeal

This 1987-built home in River Park South presents a compelling mix of space, value, and potential. Its primary appeal lies in its generous 12,381 sqft lot, which ranks in the top 1% within the neighborhood and top 3% city-wide, offering exceptional outdoor space rarely found in newer subdivisions. With 1,534 sqft of living area, the home is above the Winnipeg average, providing ample room for a growing family.

The assessed value of $516k sits above average for both the neighborhood and the city, suggesting a solid, established property in a desirable area. While the home is the oldest on its street, its construction year is still newer than the typical Winnipeg home, potentially offering a more mature landscape while avoiding some of the maintenance concerns of much older properties.

This property would suit buyers prioritizing land size and established community character over a brand-new build. It’s ideal for those who value space for gardens, play, or future additions, and who are looking for a home that represents above-average value city-wide within a stable, family-oriented neighborhood like River Park South.


Frequently Asked Questions

1. How does this home’s value compare to its neighbors?
The home’s assessed value is above average for the broader River Park South area and significantly above the Winnipeg average. On its specific street, it is ranked around the middle, indicating it is priced consistently with its immediate neighbors.

2. The home is noted as the oldest on the street. Should I be concerned?
While it was built in 1987, making it the oldest among the six comparable homes on Vermette Place, it is still newer than the average home across Winnipeg. This often means the benefits of a mature lot and established neighborhood are balanced with a relatively modern construction era.

3. What is the significance of the lot size?
The land area is this property’s standout feature. It is exceptionally large for the neighborhood, placing it in the top 1%. This offers rare potential for privacy, landscaping, recreation, or future expansion that is hard to find in most suburban areas.

4. What was the previous sale price?
Public records indicate a sale between August 2016 for a price in the range of CA$350,000–$400,000. For fully verified and exact historical transaction figures, a manual lookup through the site’s service is required.

5. Is the living space considered large for the area?
At 1,534 sqft, the living area is slightly above the neighborhood average and more notably above the city-wide average. On its own street, it is around the average size, making it a comfortably sized, typical family home for that specific location.

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