255 Aldgate Road

River Park South, Winnipeg

87.9

Excellent

Overall 87.9

Larger and newer than most nearby homes

1,974 sqft (top 12%)

Built in 2007 (17 yrs newer than avg)

Located in a high-income area

with median household income of ~131k

Transit 82.0

2-min walk to transit with 2 nearby routes

Within 500m: 2 parks nearby

Living Area

Above average

40% larger than neighborhood avg.

Year Built

Above average

17 yrs newer than neighborhood avg.

Mother tongue

English · 67%French · 6%

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

87.9 is composed by the two sections below.

Property Score

86.0Excellent
Living Area1,974 sqft92Excellent
Year Built200790Excellent
Lot Size4,598 sqft60Fair
Neighbourhood Sales Activity76Good

Community Score

90.7Excellent
Household Income92Excellent
Education Level82Excellent
Housing Stress93Excellent
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: #46110501

Community deep dive

$131K

Median household income

$142K

Average household income

4%

Low income (LIM-AT)

0.3

Income inequality (Gini)

2.9

P90 / P10 ratio

11%

Single-person households

49%

Families with children

Population, labour & age

Population (2021)1,135
Labour force participation rate74%
Median age38.4
Avg household size3.2
Unemployment rate4%
Population density3242 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households11%
Couple families with children49%
Median household income (2020)$131K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$420K

Diversity, education & language

Immigrants (share of pop.)20%
Visible minority29%
Bachelor's or higher (25–64)44%
Mother tongue (1st)English · 67%
Mother tongue (2nd)French · 6%

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

Rankings

Living Area

above average
1,974 sqft
0255075100
Same streetTop 8%Same areaTop 12%CitywideTop 11%
Same street · Aldgate Road
#12 / 160
Top 8% · Avg 1,405 sqft
Same area · River Park South
#429 / 3,617
Top 12% · Avg 1,410 sqft
Citywide · Winnipeg
#22,317 / 194,458
Top 11% · Avg 1,342 sqft

Tax-Assessed Value

Elite
594k
0255075100
Same streetTop 3%Same areaTop 7%CitywideTop 8%
Same street · Aldgate Road
#4 / 160
Top 3% · Avg 466.4k
Same area · River Park South
#239 / 3,617
Top 7% · Avg 447.2k
Citywide · Winnipeg
#16,261 / 194,458
Top 8% · Avg 390.1k

Year Built

above average
2007
0255075100
Same streetTop 7%Same areaTop 16%CitywideTop 13%

Lot Size

around average
4,598 sqft
0255075100
Same streetBottom 47%Same areaBottom 33%CitywideBottom 36%

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

255 Aldgate Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 336 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$500k–550k
Sold price

Same street

Top 15%

Same area

Top 15%

City-wide

Top 15%
Sold 11/2016CA$450k–500k
Sold price

Same street

Top 27%

Same area

Top 22%

City-wide

Top 20%

Related homes

Highlights & common questions: 255 Aldgate Road, Winnipeg

Property Summary: 255 Aldgate Road, Winnipeg

Key Characteristics & Appeal

This home at 255 Aldgate Road in River Park South presents a compelling, above-average offering in several key areas. Its primary appeal lies in its strong value proposition and modern build. The nearly 2,000 sqft living space is notably larger than most comparable homes on its street, in the neighborhood, and across Winnipeg. More significantly, its assessed value ranks in the elite top 3% on Aldgate Road and well above area and city averages, suggesting a perception of quality and desirability that outpaces many peers. Built in 2007, the property is newer than most homes in its comparison groups, which often translates to modern building standards and less immediate need for major updates.

The lot size is average for the immediate street but smaller than the broader city norm, indicating a focus on the home itself rather than extensive outdoor space. Recent sale history shows consistent performance in the top tiers of the market.

This property would suit buyers looking for a move-in ready, spacious family home in a mature suburban neighborhood, who prioritize interior space and modern construction over a large yard. It’s particularly suited for those who value a home with strong assessed value rankings, which can be a marker of stability and appeal within a specific community.

Frequently Asked Questions

1. What does the "Elite" assessed value ranking mean?
It means this home's official assessed value is in the top 3% on its own street compared to similar homes. This often reflects factors like lot location, finishes, upgrades, or overall condition that the assessor views favorably compared to neighbors.

2. The home is newer than average, but what might a 2007-built home still require?
While modern, a home from 2007 may be approaching the age where original components like the roof, HVAC system, water heater, or certain appliances could need attention or replacement soon. A thorough inspection is advised.

3. The lot is smaller than the city average. Is that a drawback?
This depends on preference. It means less yard maintenance but also potentially less private outdoor space. For families, it’s worth considering if the yard size suits your needs, as the interior living space is generously sized.

4. How reliable are the provided past sale prices?
The site states the sold price data is from public internet sources, not the MLS, and is presented in broad ranges. For precise historical figures, you must request a manual lookup from the site via email.

5. Are the nearby comparison homes currently for sale?
The listed nearby and similar-value properties are for reference and context only; they are not necessarily on the market. They help illustrate how this home compares to others in the immediate area in terms of size, age, and value.

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