272 Aldgate Road

River Park South, Winnipeg

92.5

Excellent

Overall 92.5

Larger and newer than most nearby homes

2,133 sqft (top 7%)

Built in 2008 (18 yrs newer than avg)

Located in a high-income area

with median household income of ~158k

Transit 88.0

2-min walk to transit with 3 nearby routes

Within 500m: 2 parks nearby

Living Area

Above average

51% larger than neighborhood avg.

Year Built

Above average

18 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

92.5 is composed by the two sections below.

Property Score

92.5Excellent
Living Area2,133 sqft94Excellent
Year Built200890Excellent
Lot Size9,496 sqft95Excellent
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
2,133 sqft
0255075100
Same streetTop 3%Same areaTop 7%CitywideTop 8%
Same street · Aldgate Road
#5 / 160
Top 3% · Avg 1,405 sqft
Same area · River Park South
#254 / 3,617
Top 7% · Avg 1,410 sqft
Citywide · Winnipeg
#15,189 / 194,458
Top 8% · Avg 1,342 sqft

Tax-Assessed Value

Elite
614k
0255075100
Same streetTop 1%Same areaTop 4%CitywideTop 7%
Same street · Aldgate Road
#1 / 160
Top 1% · Avg 466.4k
Same area · River Park South
#157 / 3,617
Top 4% · Avg 447.2k
Citywide · Winnipeg
#13,634 / 194,458
Top 7% · Avg 390.1k

Year Built

Elite
2008
0255075100
Same streetTop 2%Same areaTop 12%CitywideTop 13%

Lot Size

Elite
9,496 sqft
0255075100
Same streetTop 1%Same areaTop 5%CitywideTop 7%

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

272 Aldgate Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 361 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 1/2023CA$600k–650k
Sold price

Same street

Top 1%

Same area

Top 4%

City-wide

Top 6%

Related homes

Highlights & common questions: 272 Aldgate Road, Winnipeg

Property Overview: 272 Aldgate Road, River Park South, Winnipeg

Key Characteristics & Appeal

This home stands out as a premium offering in Winnipeg's River Park South neighborhood, distinguished by its above-average size and modern construction. Built in 2008, it is notably newer than most homes in the area. Its primary appeal lies in its generous scale: with over 2,130 square feet of living space, it ranks in the top 3% on its own street and top 8% city-wide. The nearly 9,500 square foot lot is exceptionally large for the street, placing it in the top 1% locally, offering significant outdoor space and privacy that is rare for newer subdivisions.

The property’s assessed value of $614,000 reflects its premium positioning, ranking first on Aldgate Road and in the top 4% of the neighborhood. It last sold for an estimated $600k-$650k in early 2023. This combination of a modern build, spacious interior, and a large lot in a well-established suburban area makes it particularly suited for buyers seeking a move-in ready family home without the maintenance concerns of an older property. It appeals to those who value space and newer infrastructure but want to be part of a mature community, rather than a brand-new development.

Frequently Asked Questions

1. How does this home’s value compare to recent sales?
Based on public data, it sold for between $600,000 and $650,000 in January 2023. Its current assessed value is $614,000, which is significantly higher than the averages for its street ($466k), neighborhood ($447k), and city ($390k).

2. Is the lot size typical for the area?
No, it is exceptional. At 9,496 sqft, the lot is roughly double the average size for Aldgate Road (4,776 sqft) and substantially larger than the neighborhood average (5,447 sqft).

3. What does the "Elite" or "Above Average" ranking mean?
These rankings compare this specific property to similar homes in three scopes: its immediate street, the broader River Park South neighborhood, and all of Winnipeg. "Elite" indicates it is in the top 5% for that metric in that scope.

4. The home was built in 2008. Are there any potential concerns with that age?
A 2008 build is considered modern and likely has contemporary wiring, plumbing, and insulation. It may be approaching the point where some major components (like the roof, HVAC, or appliances) could need evaluation or replacement due to normal wear and tear, which is a consideration for any home of this age.

5. How can I verify the exact historical sold price?
The website provides sold price ranges for non-members. To receive the exact, verified sold price and full transaction history, you must request it directly from the site via email, as they do not display MLS data publicly.

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