111 Aldgate Road

River Park South, Winnipeg

65.6

Good

Overall 65.6

Smaller than most nearby homes

968 sqft (bottom 16%)

Built in 1986 (4 yrs older than avg)

Located in a high-income area

with median household income of ~114k

Transit 82.0

2-min walk to transit with 2 nearby routes

Within 500m: 1 park, and 1 place of worship nearby

Living Area

Below average

31% smaller than neighborhood avg.

Year Built

Near average

4 yrs older than neighborhood avg.

Mother tongue

English · 67%French · 9%

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

65.6 is composed by the two sections below.

Property Score

53.6Fair
Living Area968 sqft42Low
Year Built198678Good
Lot Size4,526 sqft60Fair
Neighbourhood Sales Activity76Good

Community Score

83.7Excellent
Household Income90Excellent
Education Level72Good
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health60Fair

Neighbourhood Sales

River Park South

How to read: Share of sales in each ~$50k price band for “river park south” (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: #46110502

Community deep dive

$114K

Median household income

$118K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.5

P90 / P10 ratio

13%

Single-person households

41%

Families with children

Population, labour & age

Population (2021)389
Labour force participation rate57%
Median age44.0
Avg household size2.7
Unemployment rate6%
Population density3890 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households13%
Couple families with children41%
Median household income (2020)$114K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)25%
Visible minority35%
Bachelor's or higher (25–64)38%
Mother tongue (1st)English · 66%
Mother tongue (2nd)French · 8%

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

Rankings

Living Area

below average
968 sqft
0255075100
Same streetBottom 21%Same areaBottom 16%CitywideBottom 23%
Same street · Aldgate Road
#126 / 160
Bottom 21% · Avg 1,405 sqft
Same area · River Park South
#3,027 / 3,617
Bottom 16% · Avg 1,410 sqft
Citywide · Winnipeg
#149,685 / 194,458
Bottom 23% · Avg 1,342 sqft

Tax-Assessed Value

around average
405k
0255075100
Same streetBottom 31%Same areaBottom 41%CitywideTop 37%
Same street · Aldgate Road
#111 / 160
Bottom 31% · Avg 466.4k
Same area · River Park South
#2,140 / 3,617
Bottom 41% · Avg 447.2k
Citywide · Winnipeg
#72,157 / 194,458
Top 37% · Avg 390.1k

Year Built

above average
1986
0255075100
Same streetBottom 27%Same areaTop 36%CitywideTop 27%

Lot Size

around average
4,526 sqft
0255075100
Same streetBottom 45%Same areaBottom 30%CitywideBottom 35%

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

111 Aldgate Road — 2 amenities found within 500 m, across 2 categories, including 1 parks (nearest 387 m).

Search radius
🌳Parks1
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%

Sales History

Sold 6/2021CA$350k–400k
Sold price

Same street

Bottom 26%

Same area

Bottom 43%

City-wide

Top 42%

Related homes

Highlights & common questions: 111 Aldgate Road, Winnipeg

Property Overview

This home at 111 Aldgate Road in Winnipeg’s River Park South neighborhood presents a practical and affordable entry point into a stable, established area. Built in 1986, it sits on a standard lot and offers a functional living space that is modest in size compared to many nearby homes. Its appeal lies in its relative value and positioning within a mature community, offering a balance of space and affordability.

Key Characteristics & Ideal Buyer

The property is characterized by its below-average living area (968 sqft) for both the street and neighborhood, making it one of the more compact options in the area. However, its assessed value of $405k is solidly around the local average, suggesting the value may be attributed to the lot, location, or the home’s condition rather than its square footage. The home is older than most on its street but is actually newer than the typical Winnipeg home city-wide.

This home would suit first-time buyers or downsizers seeking a lower-maintenance property without leaving a well-regarded neighborhood. It’s also a sensible option for value-focused investors or buyers who prioritize a manageable footprint and lower property taxes over expansive living space. The data suggests you’re paying primarily for location and land here, not size, which can be a smart trade-off for the right buyer.


Frequently Asked Questions

1. Is the living area too small?
At 968 sqft, the home is notably smaller than area averages. It requires efficient use of space and may not suit those needing multiple large rooms. However, this compact size is a key factor in its relative affordability for the location.

2. How does the assessed value compare?
The $405k assessment is very close to the neighborhood average. This indicates the property is priced in line with the local market, not undervalued or overvalued based on municipal assessment metrics.

3. What does the year built (1986) mean for maintenance?
As a home from the mid-80s, it is past its initial build but not as old as many city-wide. Buyers should budget for updates common to that era, such as windows, roofing, or mechanical systems, but it may avoid some issues of much older construction.

4. How does the lot size compare?
The lot is just under 4,526 sqft, which is typical for the street but smaller than the neighborhood and city averages. It provides a standard suburban yard but not an unusually large outdoor space.

5. What can past sale data tell me?
Records show it last sold between $350k-$400k in mid-2021. This provides a recent benchmark, but for exact sale figures and a full history, a manual lookup via the site’s email request is necessary, as MLS data is not displayed.

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