248 Aldgate Road

River Park South, Winnipeg

90.0

Excellent

Overall 90.0

Larger and newer than most nearby homes

2,023 sqft (top 11%)

Built in 2009 (19 yrs newer than avg)

Located in a high-income area

with median household income of ~158k

Transit 74.0

2-min walk to transit with 2 nearby routes

Within 500m: 2 parks nearby

Living Area

Above average

43% larger than neighborhood avg.

Year Built

Above average

19 yrs newer than neighborhood avg.

Mother tongue

English · 62%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

90.0 is composed by the two sections below.

Property Score

88.3Excellent
Living Area2,023 sqft94Excellent
Year Built200990Excellent
Lot Size5,015 sqft67Good
Neighbourhood Sales Activity76Good

Community Score

92.5Excellent
Household Income94Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health90Excellent

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: #46111260

Community deep dive

$158K

Median household income

$152K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

3%

Single-person households

71%

Families with children

Population, labour & age

Population (2021)526
Labour force participation rate78%
Median age35.6
Avg household size3.7
Unemployment rate3%
Population density5260 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households3%
Couple families with children71%
Median household income (2020)$158K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$476K

Diversity, education & language

Immigrants (share of pop.)43%
Visible minority57%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 61%
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

Elite
2,023 sqft
0255075100
Same streetTop 4%Same areaTop 11%CitywideTop 10%
Same street · Aldgate Road
#7 / 160
Top 4% · Avg 1,405 sqft
Same area · River Park South
#381 / 3,617
Top 11% · Avg 1,410 sqft
Citywide · Winnipeg
#20,073 / 194,458
Top 10% · Avg 1,342 sqft

Tax-Assessed Value

above average
550k
0255075100
Same streetTop 13%Same areaTop 15%CitywideTop 13%
Same street · Aldgate Road
#21 / 160
Top 13% · Avg 466.4k
Same area · River Park South
#543 / 3,617
Top 15% · Avg 447.2k
Citywide · Winnipeg
#24,681 / 194,458
Top 13% · Avg 390.1k

Year Built

Elite
2009
0255075100
Same streetTop 1%Same areaTop 11%CitywideTop 12%

Lot Size

above average
5,015 sqft
0255075100
Same streetTop 17%Same areaBottom 48%CitywideBottom 46%

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

248 Aldgate Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 411 m).

Search radius
🌳Parks2

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 7/2020CA$450k–500k
Sold price

Same street

Top 31%

Same area

Top 25%

City-wide

Top 22%
Sold 7/2017CA$400k–450k
Sold price

Same street

Top 36%

Same area

Top 31%

City-wide

Top 25%

Related homes

Highlights & common questions: 248 Aldgate Road, Winnipeg

Property Overview: 248 Aldgate Road, River Park South, Winnipeg

Key Characteristics & Appeal

This home stands out in its River Park South neighborhood for its above-average size and modern construction. With 2,023 square feet of living space, it is notably larger than most comparable homes on its street, in the area, and across Winnipeg. Built in 2009, it is one of the newest homes on Aldgate Road, offering modern building standards and likely requiring less immediate upkeep than older properties. The assessed value of $550,000 is consistently above average across all comparison levels, reflecting its premium positioning.

The appeal lies in securing a spacious, contemporary home within a well-established neighborhood. It offers a balance: you get the space and condition of a newer build without being in a brand-new subdivision. It suits buyers looking for a move-in-ready family home who value space and modern amenities, but also appreciate a mature community setting. A thoughtful perspective is that while the lot size is typical for the street, it is slightly smaller than the neighborhood and city averages, which may appeal to those seeking a spacious interior with a more manageable yard to maintain.

Frequently Asked Questions

1. How does this home’s value compare to recent sales on the street?
Based on available data, the home last sold in July 2020 for between $450,000 and $500,000. Its current assessed value of $550,000 places it above the street’s average, suggesting appreciation and a premium position among nearby properties.

2. Is the home’s above-average size typical for River Park South?
The living area is above average for the wider River Park South neighborhood, ranking in the top 11%. This indicates it is a larger-than-typical home for the area, not just its immediate street.

3. What does the "Elite" ranking for year built mean?
A ranking of #1 out of 160 for year built on Aldgate Road means this is the newest home among its direct peers on the street. This often translates to newer major systems (like roof, HVAC) and contemporary layouts.

4. How accurate is the sold price data provided?
The sold price ranges are based on publicly available data, not the MLS. For fully verified, exact transaction figures, you must request a manual lookup from the site via email.

5. The lot size is noted as "around average" for the neighborhood. Should I be concerned?
The lot is above average for Aldgate Road itself. While it is slightly smaller than the broader neighborhood average, this is common for newer homes built on infill or subdivided lots. It balances interior space with a lower-maintenance yard.

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