43 Malmsbury Avenue

River Park South, Winnipeg

Property score

81.1

Excellent

Overall 81.1 · Larger than most nearby homes

1,800 sqft (top 19%) · Built in 1985 (5 yrs older than avg)

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

Transit 74.0 · 3-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

28% larger than neighborhood avg.

Year Built

Near average

5 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

81.1 is composed by the two sections below.

Property Score

80.8Excellent
Living Area1,800 sqft89Excellent
Year Built198573Good
Lot Size4,937 sqft60Fair
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

Elite
1,800 sqft
0255075100
Same streetTop 1%Same areaTop 19%CitywideTop 17%
Same street · Malmsbury Avenue
#1 / 67
Top 1% · Avg 1,360 sqft
Same area · River Park South
#673 / 3,617
Top 19% · Avg 1,410 sqft
Citywide · Winnipeg
#33,380 / 194,458
Top 17% · Avg 1,342 sqft

Tax-Assessed Value

above average
459k
0255075100
Same streetTop 18%Same areaTop 38%CitywideTop 27%
Same street · Malmsbury Avenue
#12 / 67
Top 18% · Avg 420k
Same area · River Park South
#1,382 / 3,617
Top 38% · Avg 447.2k
Citywide · Winnipeg
#52,140 / 194,458
Top 27% · Avg 390.1k

Year Built

Elite
1985
0255075100
Same streetTop 1%Same areaTop 45%CitywideTop 29%

Lot Size

around average
4,937 sqft
0255075100
Same streetBottom 43%Same areaBottom 44%CitywideBottom 42%

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

43 Malmsbury Avenue — 6 amenities found within 500 m, across 5 categories, including 1 dining (nearest 271 m), 1 education (nearest 222 m), 1 parks (nearest 357 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks1
Fuel Stations1
Worship2

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

43 Malmsbury Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

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