63 Tilstone Bay

River Park South, ਵਿਨੀਪਿਗ

Property score

87.0

Excellent

Overall 87.0 · Larger and newer than most nearby homes

1,656 sqft (top 28%) · Built in 2020 (30 yrs newer than avg)

Located in a high-income area with median household income of ~141k

Transit 74.0 · 3-min walk to transit with 2 nearby routes

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Above average

17% larger than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Above average

30 yrs newer than neighborhood avg.

Mother tongue

English · 61%French · 5%

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

87.0 is composed by the two sections below.

Property Score

84.1Excellent
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ83
1,656 sqftExcellent
ਤਰੀਕ ਤੋਂ ਬਣਿਆ97
2020Excellent
ਜ਼ਮੀਨ74
5,748 sqftGood
Neighbourhood Sales Activity76
Good

Community Score

91.3Excellent
Household Income93
Excellent
Education Level91
Excellent
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health83
Excellent

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

River Park South

How to read: Share of sales in each ~$50k price band for “river park south” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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: #46111261

Community deep dive

$141K

Median household income

$159K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

9%

Single-person households

54%

Families with children

Population, labour & age

Population (2021)1,363
Labour force participation rate75%
Median age36.8
Avg household size3.3
Unemployment rate5%
Population density1975 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households9%
Couple families with children54%
Median household income (2020)$141K

Housing

Renter households3%
Condominium dwellings8%
Median dwelling value (owners)$496K

Diversity, education & language

Immigrants (share of pop.)30%
Visible minority40%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 60%
Mother tongue (2nd)French · 5%

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

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ ਤੋਂ ਉੱਪਰ
1,656 sqft
0255075100
Same streetਹੇਠਲੇ 45%Same areaਟਾਪ 28%Citywideਟਾਪ 23%
Same street · Tilstone Bay
#18 / 33
ਹੇਠਲੇ 45% · ਔਸਤ 1,740 sqft
Same area · River Park South
#1,009 / 3,617
ਟਾਪ 28% · ਔਸਤ 1,410 sqft
Citywide · ਵਿਨੀਪਿਗ
#44,213 / 194,458
ਟਾਪ 23% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਇਲੀਟ
675k
0255075100
Same streetਟਾਪ 21%Same areaਟਾਪ 2%Citywideਟਾਪ 5%
Same street · Tilstone Bay
#7 / 33
ਟਾਪ 21% · ਔਸਤ 584.2k
Same area · River Park South
#75 / 3,617
ਟਾਪ 2% · ਔਸਤ 447.2k
Citywide · ਵਿਨੀਪਿਗ
#8,807 / 194,458
ਟਾਪ 5% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਇਲੀਟ
2020
0255075100
Same streetਟਾਪ 3%Same areaਟਾਪ 1%Citywideਟਾਪ 3%

ਜ਼ਮੀਨ

ਔਸਤ ਤੋਂ ਉੱਪਰ
5,748 sqft
0255075100
Same streetਹੇਠਲੇ 33%Same areaਟਾਪ 29%Citywideਟਾਪ 38%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

Search radius
No data within 500 m.

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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

8/2020 ਵਿਚ ਵਿਕਿਆCA$500k–550k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਹੇਠਲੇ 40%

ਉਹੀ ਇਲਾਕਾ

ਟਾਪ 12%

ਪੂਰਾ ਸ਼ਹਿਰ

ਟਾਪ 13%

Related homes

ਵਿਨੀਪਿਗ 63 Tilstone Bay — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview: 63 Tilstone Bay, Winnipeg

Key Characteristics & Appeal

This 1,656 sqft home at 63 Tilstone Bay in River Park South is a modern property, built in 2020, that stands out for its above-average investment in a well-established neighborhood. Its appeal lies in its combination of new construction benefits—like contemporary building standards and minimal immediate maintenance—within a mature community setting. The home’s assessed value of $675k is notably high, ranking in the top 2% of River Park South and the top 5% city-wide, signaling a premium, well-appointed property relative to its surroundings.

The home would suit buyers looking for a move-in ready, modern build without venturing into a brand-new subdivision. It’s particularly fitting for those who value a newer home’s efficiencies and finishes but also appreciate the developed landscapes and settled feel of an older neighborhood like River Park South. A thoughtful perspective is that while the lot size is average for the area, the premium valuation suggests the value is in the structure itself, making it ideal for buyers who prioritize interior space and modern amenities over extensive outdoor space.

Frequently Asked Questions

1. How does this home’s value compare to others on the street?
With an assessed value of $675k, this home ranks 7th highest out of 33 on Tilstone Bay, placing it well above the street average of approximately $584k. This indicates it is one of the more substantial and likely upgraded properties on the block.

2. Is the price fair for a 2020 build in this area?
The data suggests a premium. While it’s among the newest homes in the entire neighborhood (top 1%), its assessed value is in an even higher percentile (top 2%). This typically reflects above-standard finishes, layout, or amenities for the area.

3. What are the property taxes likely to be?
Property taxes are calculated using the assessed value and the city’s mill rate. With an assessed value of $675k, which is significantly above the neighborhood and city averages, prospective buyers should budget for property taxes that are correspondingly higher than those for a typical Winnipeg home.

4. How does the living space compare to nearby homes?
At 1,656 sqft, the living area is above average for both the River Park South neighborhood and the city overall, though it is slightly below the average for Tilstone Bay street itself. This means you get more space than most Winnipeg homes, but it may be similar to or slightly smaller than some immediate neighbors.

5. Where can I get verified historical sale price data?
The listing notes that exact sold prices are not displayed due to industry rules. You must request this information directly via email from the site provider for a manual lookup. Public data shows it last sold in August 2020 for between $500k and $550k.