22 Malmsbury Avenue

River Park South, Winnipeg

Property score

81.3

Excellent

Overall 81.3 · Larger than most nearby homes

1,755 sqft (top 20%) · Built in 1984 (6 yrs older than avg)

Located in a high-income area with median household income of ~94k

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 1 park, and 1 fuel station nearby

Living Area

Above average

24% larger than neighborhood avg.

Year Built

Near average

6 yrs older than neighborhood avg.

Mother tongue

English · 63%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

81.3 is composed by the two sections below.

Property Score

81.1Excellent
Living Area1,755 sqft86Excellent
Year Built198473Good
Lot Size5,688 sqft74Good
Neighbourhood Sales Activity76Good

Community Score

81.6Excellent
Household Income82Excellent
Education Level82Excellent
Housing Stress74Good
Core Housing Need100Excellent
Employment Health68Good

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: #46110500

Community deep dive

$94K

Median household income

$104K

Average household income

9%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.2

P90 / P10 ratio

25%

Single-person households

29%

Families with children

Population, labour & age

Population (2021)928
Labour force participation rate66%
Median age38.0
Avg household size2.5
Unemployment rate7%
Population density4034 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households25%
Couple families with children29%
Median household income (2020)$94K

Housing

Renter households21%
Condominium dwellings16%
Median dwelling value (owners)$356K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority20%
Bachelor's or higher (25–64)45%
Mother tongue (1st)English · 63%
Mother tongue (2nd)French · 9%

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

Rankings

Living Area

above average
1,755 sqft
0255075100
Same streetTop 7%Same areaTop 20%CitywideTop 19%
Same street · Malmsbury Avenue
#5 / 67
Top 7% · Avg 1,360 sqft
Same area · River Park South
#741 / 3,617
Top 20% · Avg 1,410 sqft
Citywide · Winnipeg
#36,564 / 194,458
Top 19% · Avg 1,342 sqft

Tax-Assessed Value

above average
441k
0255075100
Same streetTop 25%Same areaTop 44%CitywideTop 30%
Same street · Malmsbury Avenue
#17 / 67
Top 25% · Avg 420k
Same area · River Park South
#1,591 / 3,617
Top 44% · Avg 447.2k
Citywide · Winnipeg
#58,191 / 194,458
Top 30% · Avg 390.1k

Year Built

above average
1984
0255075100
Same streetTop 21%Same areaBottom 43%CitywideTop 30%

Lot Size

above average
5,688 sqft
0255075100
Same streetTop 25%Same areaTop 30%CitywideTop 39%

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

22 Malmsbury Avenue — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 218 m), 1 education (nearest 305 m), 1 parks (nearest 407 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks1
Fuel Stations1
Worship3

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 4/2016CA$300k–350k
Sold price

Same street

Bottom 30%

Same area

Bottom 35%

City-wide

Top 47%

Related homes

Highlights & common questions: 22 Malmsbury Avenue, Winnipeg

Property Overview: 22 Malmsbury Avenue, River Park South, Winnipeg

Key Characteristics & Appeal

This 1,755 sqft home, built in 1984, presents a solid, above-average offering in Winnipeg's River Park South neighborhood. Its primary appeal lies in its strong positional value within its immediate surroundings. The home ranks in the top quarter of its own street for living space, lot size (5,688 sqft), and assessed value, indicating it is a notably larger and well-regarded property on Malmsbury Avenue. While it aligns more closely with neighborhood averages, it consistently outperforms city-wide benchmarks for size, age, and value.

This property would suit practical buyers looking for a established home in a stable area, who prioritize getting more house and land than what is typical for Winnipeg. It’s a sensible choice for those who value space and a mature streetscape over a brand-new build. A thoughtful perspective is that this home’s standout metrics are hyper-local; its most significant advantages are clear when compared directly with its neighbors, offering a sense of relative value that may not be as apparent at the city level.

Frequently Asked Questions

1. How does this home’s size compare to others nearby?
At 1,755 sqft, the living area is substantially larger than the average home on its street (1,360 sqft) and in Winnipeg overall (1,342 sqft). It ranks in the top 7% on Malmsbury Avenue for size.

2. Is the assessed value of $441k typical for the area?
The assessed value is above average for the street and city-wide, but sits around the middle range for the broader River Park South neighborhood. This suggests the home is fairly valued within its immediate context.

3. When was it last sold, and for how much?
Records show it was sold in April 2016. The public data indicates a sold price in the range of CA$300k–350k. Exact sale figures require a manual lookup from verified sources.

4. What is the lot size, and is it considered large?
The lot is 5,688 sqft. This is above average for both the street and the River Park South neighborhood, offering more outdoor space than many comparable properties in the area.

5. How can I verify the exact historical sale prices?
Due to data display rules, exact MLS sale records are not published on this site. You can request the full transaction history and exact figures via email, and the team will provide them through a manual lookup.

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