2 Fonseca Place

River Park South, Winnipeg

Property score

90.4

Excellent

Overall 90.4 · Larger and newer than most nearby homes

2,072 sqft (top 10%) · Built in 2010 (20 yrs newer than avg)

Located in a high-income area with median household income of ~160k

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 park nearby

Living Area

Above average

47% larger than neighborhood avg.

Year Built

Above average

20 yrs newer than neighborhood avg.

Mother tongue

English · 64%Chinese · 3%

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

90.4 is composed by the two sections below.

Property Score

90.4Excellent
Living Area2,072 sqft94Excellent
Year Built201090Excellent
Lot Size6,221 sqft81Excellent
Neighbourhood Sales Activity76Good

Community Score

90.5Excellent
Household Income95Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health83Excellent

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: #46111259

Community deep dive

$160K

Median household income

$164K

Average household income

2%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

3%

Single-person households

70%

Families with children

Population, labour & age

Population (2021)574
Labour force participation rate71%
Median age32.4
Avg household size3.8
Unemployment rate3%
Population density5218 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households3%
Couple families with children70%
Median household income (2020)$160K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$464K

Diversity, education & language

Immigrants (share of pop.)31%
Visible minority46%
Bachelor's or higher (25–64)45%
Mother tongue (1st)English · 64%
Mother tongue (2nd)Chinese · 3%

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

Rankings

Living Area

above average
2,072 sqft
0255075100
Same streetTop 33%Same areaTop 10%CitywideTop 9%
Same street · Fonseca Place
#5 / 15
Top 33% · Avg 1,892 sqft
Same area · River Park South
#347 / 3,617
Top 10% · Avg 1,410 sqft
Citywide · Winnipeg
#17,769 / 194,458
Top 9% · Avg 1,342 sqft

Tax-Assessed Value

above average
573k
0255075100
Same streetBottom 47%Same areaTop 10%CitywideTop 10%
Same street · Fonseca Place
#8 / 15
Bottom 47% · Avg 584.2k
Same area · River Park South
#371 / 3,617
Top 10% · Avg 447.2k
Citywide · Winnipeg
#19,719 / 194,458
Top 10% · Avg 390.1k

Year Built

above average
2010
0255075100
Same streetTop 7%Same areaTop 10%CitywideTop 11%

Lot Size

above average
6,221 sqft
0255075100
Same streetBottom 33%Same areaTop 21%CitywideTop 27%

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

2 Fonseca Place — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 296 m).

Search radius
🌳Parks1

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 7/2021CA$550k–600k
Sold price

Same street

Bottom 33%

Same area

Top 10%

City-wide

Top 11%
Sold 4/2017CA$400k–450k
Sold price

Same street

Bottom 1%

Same area

Top 29%

City-wide

Top 24%

Related homes

Highlights & common questions: 2 Fonseca Place, Winnipeg

Property Overview: 2 Fonseca Place, River Park South, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated home in River Park South presents a compelling blend of space, modernity, and established neighbourhood value. Built in 2010, it is one of the newer homes on its street and stands out in the wider context of its neighbourhood and the city. With over 2,070 square feet of living space, the home offers significantly more room than the average Winnipeg house, placing it within the top 10% citywide for size.

Its primary appeal lies in its above-average positioning within a desirable suburban community. While its assessed value is typical for Fonseca Place itself, it ranks in the top 10% for both the River Park South neighbourhood and Winnipeg overall, suggesting a strong perceived value in a broader comparison. The lot size, while slightly smaller than the street average, is still generous compared to most of the neighbourhood.

This property would suit buyers looking for a move-in ready, spacious family home in a mature suburban setting without the maintenance concerns of an older build. It’s ideal for those who value space and modern construction over having the largest lot on the block. The data indicates it offers a "best of both worlds" scenario: a newer home within an established, well-ranked community.

Section 2: Frequently Asked Questions

1. How does this home truly compare to others nearby?
While its size and assessed value are around the street average, it shines in broader comparisons. It's larger than 90% of similar homes in River Park South and Winnipeg, and it's one of the newest constructions on the block, which can mean updated building standards and less immediate repair cost.

2. What is the likely price range based on past sales?
The home last sold in July 2021 for between $550,000 and $600,000. Its current assessed value is $573,000. It's important to note that assessed value is for tax purposes and market value can differ; obtaining verified sale price history is recommended.

3. Is the lot size a drawback?
At over 6,200 sq. ft., the lot is still larger than the neighbourhood average. It may be slightly smaller than some immediate neighbours, but it remains a substantial suburban yard. The trade-off is a notably larger interior living space.

4. What is the neighbourhood like for future value?
River Park South consistently shows above-average metrics. This home's assessed value places it in the top 10% of the neighbourhood, indicating it's already in a valued segment. The area's average home age (1990) suggests a community with enduring appeal and ongoing renewal.

5. How can I get the exact past sale prices?
The displayed sold prices are estimated ranges from public data. Due to industry regulations, exact MLS sale figures are not published here. You can request the full, verified transaction history by email through the site; they provide the figures manually without using your contact for marketing.

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