114 Aldgate Road

River Park South, Winnipeg

62.0

Fair

Overall 62.0

Smaller than most nearby homes

863 sqft (bottom 5%)

Built in 1986 (4 yrs older than avg)

Located in a high-income area

with median household income of ~114k

Transit 74.0

2-min walk to transit with 2 nearby routes

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

Living Area

Below average

39% 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

62.0 is composed by the two sections below.

Property Score

47.6Low
Living Area863 sqft32Low
Year Built198678Good
Lot Size4,628 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
863 sqft
0255075100
Same streetBottom 1%Same areaBottom 5%CitywideBottom 13%
Same street · Aldgate Road
#160 / 160
Bottom 1% · Avg 1,405 sqft
Same area · River Park South
#3,445 / 3,617
Bottom 5% · Avg 1,410 sqft
Citywide · Winnipeg
#168,663 / 194,458
Bottom 13% · Avg 1,342 sqft

Tax-Assessed Value

around average
390k
0255075100
Same streetBottom 21%Same areaBottom 31%CitywideTop 41%
Same street · Aldgate Road
#126 / 160
Bottom 21% · Avg 466.4k
Same area · River Park South
#2,483 / 3,617
Bottom 31% · Avg 447.2k
Citywide · Winnipeg
#79,616 / 194,458
Top 41% · Avg 390.1k

Year Built

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

Lot Size

around average
4,628 sqft
0255075100
Same streetTop 39%Same areaBottom 34%CitywideBottom 37%

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

114 Aldgate Road — 2 amenities found within 500 m, across 2 categories, including 1 parks (nearest 441 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 7/2019CA$300k–350k
Sold price

Same street

Bottom 11%

Same area

Bottom 26%

City-wide

Bottom 47%
Sold 7/2017CA$300k–350k
Sold price

Same street

Bottom 11%

Same area

Bottom 26%

City-wide

Bottom 47%

Related homes

Highlights & common questions: 114 Aldgate Road, Winnipeg

Property Overview: 114 Aldgate Road, River Park South, Winnipeg

Section 1: Key Characteristics & Appeal

This 1986-built home in River Park South presents a practical and affordable entry point into a well-established Winnipeg neighborhood. Its key characteristic is its compact size, with 863 square feet of living space, which is notably smaller than most homes on its street and in the wider area. This is reflected in its assessed value of $390k, which sits below the street average but aligns closely with the Winnipeg-wide average.

The appeal lies in its efficiency and value. For the price, buyers secure a standard city lot in a mature, family-friendly community. The home’s age is a relative strength city-wide, being newer than the average Winnipeg home, suggesting potentially fewer immediate major updates than much older stock. It suits first-time buyers, downsizers, or investors seeking a lower-maintenance property with the stability of a suburban neighborhood. A thoughtful perspective is that its smaller footprint and below-street-average value could mean lower utility costs and property taxes relative to neighbors, offering a more manageable total cost of ownership.

Section 2: Frequently Asked Questions

1. Is the living area too small?
At 863 sqft, the home is significantly cozier than the average house on Aldgate Road (1,405 sqft). It would best suit individuals, couples, or small families comfortable with efficient living spaces.

2. How does the assessed value compare?
The $390k assessment is below average for Aldgate Road but aligns with the city-wide average. This suggests the property is priced for its neighborhood location but may offer value compared to the street's larger, more expensive homes.

3. What does the year built (1986) indicate?
Built in 1986, the home is older than most on its street but newer than the typical Winnipeg house. Buyers should anticipate maintenance and updates consistent with a nearly 40-year-old property, but potentially with more modern fundamentals than pre-1970s homes.

4. Have there been recent sales?
Records show the property sold in 2017 and 2019, both times within the $300k-$350k price band. Exact sale prices require a manual lookup request through the site.

5. How does the lot size compare?
The 4,628 sqft lot is close to the average for Aldgate Road. It provides standard suburban outdoor space but is smaller than the typical lot across Winnipeg.

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