123 Aldgate Road

River Park South, Winnipeg

79.0

Good

Overall 79.0

Compared with neighbourhood average

1,546 sqft (top 39%)

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

Near average

10% larger 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

79.0 is composed by the two sections below.

Property Score

75.8Good
Living Area1,546 sqft79Good
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

above average
1,546 sqft
0255075100
Same streetTop 38%Same areaTop 39%CitywideTop 28%
Same street · Aldgate Road
#61 / 160
Top 38% · Avg 1,405 sqft
Same area · River Park South
#1,406 / 3,617
Top 39% · Avg 1,410 sqft
Citywide · Winnipeg
#54,434 / 194,458
Top 28% · Avg 1,342 sqft

Tax-Assessed Value

around average
408k
0255075100
Same streetBottom 33%Same areaBottom 42%CitywideTop 36%
Same street · Aldgate Road
#107 / 160
Bottom 33% · Avg 466.4k
Same area · River Park South
#2,087 / 3,617
Bottom 42% · Avg 447.2k
Citywide · Winnipeg
#70,801 / 194,458
Top 36% · 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

123 Aldgate Road — 2 amenities found within 500 m, across 2 categories, including 1 parks (nearest 383 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 7/2023CA$400k–450k
Sold price

Same street

Top 41%

Same area

Top 34%

City-wide

Top 27%

Related homes

Highlights & common questions: 123 Aldgate Road, Winnipeg

Property Overview: 123 Aldgate Road, Winnipeg

Key Characteristics & Buyer Appeal

This 1,546 sqft home, built in 1986 on a 4,526 sqft lot in River Park South, presents a solid, middle-of-the-road offering in the Winnipeg market. Its primary appeal lies in its balance and stability. The living space is above the citywide average, offering more room than many Winnipeg homes, while its assessed value of $408k is very close to the city average. This suggests you are getting a reasonably sized home at a value that aligns with broader market norms.

The home is well-suited for practical buyers—perhaps first-time homeowners or downsizers—who prioritize space and value over a newer build or a premium lot size. It’s a characteristic home for its street and neighborhood, meaning it fits right in without standing out. A thoughtful perspective is that its 1986 construction, while older than many on its street, is still newer than the average Winnipeg home. This could indicate well-established infrastructure and mature landscaping, but buyers should be prepared for updates consistent with a home of this age. Its recent sale in mid-2023 provides a relevant, modern price benchmark for comparison.

Frequently Asked Questions

1. How does this home’s size compare to others?
At 1,546 sqft, the living area is larger than the average Winnipeg home (1,342 sqft). It is very close to the average for both its immediate street and the wider River Park South neighborhood.

2. Is the assessed value high for the area?
The $408k assessment is below the average for Aldgate Road and River Park South. However, it sits slightly above the Winnipeg city average, indicating it is a mid-range property in the broader market context.

3. The home was built in 1986. Is that a concern?
It is older than most homes on its street, where the average build year is 1998. However, it is still newer than the average Winnipeg home (1966). A standard home inspection is advised to understand the condition of major systems and potential update needs.

4. What was the recent sale price?
Public records show it sold between $400,000 and $450,000 in July 2023. For verified, exact sale figures, you can request a manual lookup from the site via email.

5. How does the lot size compare?
The lot is approximately 4,526 sqft. This is typical for Aldgate Road but smaller than the average lot in both River Park South and Winnipeg overall, which is a common trade-off in more established neighborhoods.

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