109-540 Waterfront Drive

Built 2017Living Area 601 sqft
Map
↑
Near average601 sqft · top 35% in area · built 2017 · 1 yrs newer than avg
$
High-income areaMedian household income ~$75K · top tier income demographics
→
2-min walk to transit4 nearby routes · score 86/100
Score

Property score

Overall score
56.8● Fair
How is the score calculated? ▼
Scores are weighted aggregates of property attributes (size, age, lot, sales activity) and community signals from the 2021 Statistics Canada census (income, education, housing stress, employment). 100 = top of metric within Winnipeg.
Property Score
43.5
Low
Living area
15
Year built
97
Sales activity
93
Community Score
76.8
Good
Income
75
Education
91
Housing
52
Core need
76
Employment
83
Rankings

How it stacks up

Each metric compared against 276 homes on Waterfront Drive, 60 in South Point Douglas, and 26,841 citywide. Polygon points further from the centre = better rank.
Living Area
601 sqft
● NEAR AVERAGE
StreetBottom 14%AreaTop 35%CityBottom 5%
Same street
Bottom 14%
#237 / 276
Top 35%
#21 / 60
Citywide
Winnipeg
Bottom 5%
#25,389 / 26,841
Tax-Assessed Value
178 k
● NEAR AVERAGE
StreetBottom 14%AreaTop 35%CityBottom 24%
Same street
Bottom 14%
#237 / 276
Top 35%
#21 / 60
Citywide
Winnipeg
Bottom 24%
#20,517 / 26,841
Year Built
2017
● ABOVE AVERAGE
StreetTop 1%AreaTop 2%CityTop 11%
Same street
Top 1%
#1 / 276
Top 2%
#1 / 60
Citywide
Winnipeg
Top 11%
#2,886 / 26,841
How rankings work — each polygon vertex is the property's percentile rank within that scope. Further from the centre = better.
Detailed ranking analysis ▼
109-540 Waterfront Drive: Living Area Analysis

Street Level (Waterfront Drive): Below Average. Ranked #237 out of 276 (Bottom 14%). The street average for comparable homes is 1,092 sqft.

Neighborhood Level (South Point Douglas): Around Average. Ranked #21 out of 60 (Top 35%). The neighborhood average for comparable homes is 713 sqft.

Citywide Level (Winnipeg): Below Average. Ranked #25,389 out of 26,841 (Bottom 5%). The citywide average for comparable homes is 1,042 sqft.

109-540 Waterfront Drive: Tax-Assessed Value Analysis

Street Level (Waterfront Drive): Below Average. Ranked #237 out of 276 (Bottom 14%). The street average for comparable homes is 368.5k.

Neighborhood Level (South Point Douglas): Around Average. Ranked #21 out of 60 (Top 35%). The neighborhood average for comparable homes is 213.7k.

Citywide Level (Winnipeg): Below Average. Ranked #20,517 out of 26,841 (Bottom 24%). The citywide average for comparable homes is 276.9k.

109-540 Waterfront Drive: Year Built Analysis

Street Level (Waterfront Drive): Above Average. Ranked #1 out of 276 (Top 0%). The street average for comparable homes is 2008.

Neighborhood Level (South Point Douglas): Above Average. Ranked #1 out of 60 (Top 2%). The neighborhood average for comparable homes is 2016.

Citywide Level (Winnipeg): Above Average. Ranked #2,886 out of 26,841 (Top 11%). The citywide average for comparable homes is 1990.

Market

South Point Douglas market pulse

Past 14 years sales snapshot (~80% of all data)
Sold count
42
last 14 years
Median price
354.8k
14-year area median
Price per sqft
$274/sqft
area average
Avg build year
2016
area average
Market conditions · Winnipeg
Sales-to-New-Listings?
Seller's market
63.5%
Buyer'sBalancedSeller's
Sold
1,465
New listings
2,307
Sold above asking?
Last 7 days
Majority over ask
62%
Below ask62% above
70 of 113 sold above asking
What this means
Upward pressure
Demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
2026-04

How to read: Share of sales in each ~$50k price band for “south point douglas” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

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Weekly report
Winnipeg Real Estate Market Report — Jun 1–7, 2026
A tale of two timelines this week: nearly two-thirds of homes closed within 10 days at a steep over-asking premium, while everything that lingered past two weeks sold at a discount. The market is rewarding speed almost without exception.
Realtor recommended · 1 / 2
4 Bedrooms, Steps from U of M An Ideal Home for Living or Renting
In-depth Fort Richmond home review near University of Manitoba. 4-bed detached, 1,921 sqft, public sales records in 2016…
Read review →
Monthly report
Highest May Detached Average on Record $477,313
Winnipeg Real Estate Market Data · May 2026 : Average sets a record May, recovery signals converge — 2026's first month with sales above the 5-year average. Detached $477,313 (highest May on record) · Condo $294,703 (just shy of the 2025 record) Three "2026 firsts": sales above 5-yr avg · listings above last year · Condo sales above last year
Community deep dive

Who lives in this neighbourhood

Dissemination area #46110669 · Statistics Canada 2021 Census · Population 1350
1,350
Population (2021)
36.4
Median age
1.7
Avg household size
1,421 / km²
Population density
Distribution by household income band
0-5k
1%
5k-10k
2%
10k-15k
2%
15k-20k
1%
20k-25k
3%
25k-30k
5%
30k-35k
3%
35k-40k
5%
40k-45k
4%
45k-50k
4%
50k-60k
7%
60k-70k
8%
70k-80k
8%
80k-90k
6%
90k-100k
5%
100k-125k
11%
125k-150k
5%
150k-200k
9%
200k plus
11%
$75K
Median household income
$126K
Average household income
17%
Low income (LIM-AT)
0.4
Income inequality (Gini)
6.2
P90 / P10 ratio
54%
Single-person households
7%
Families with children
71%
Labour participation
6%
Unemployment
Local · Day-to-day

Transit, amenities & safety

Everything within walking distance, plus crime and waste collection.

Nearby Amenities

Dining, education, healthcare, shopping & more

109-540 Waterfront Drive — 10 amenities found within 500 m, across 6 categories, including 2 dining (nearest 141 m), 1 education (nearest 160 m), 3 parks (nearest 330 m).

Search radius
🍽️Dining2
🏫Education1
🌳Parks3
💪Sports1
🏦Finance1
⛪Worship2

Crime & safety

South Point Douglas · WPS public data
Full crime data →
Annual incidents
45
2026
vs. city average
+53%
▲ relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Violent
44% of incidents

We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 109-540 Waterfront Drive. No advertising. Data source details →

Related homes

Highlights & common questions

Is this home right for you?

Property highlights

Overall 56.8

Newer than most nearby homes

601 sqft (top 35%)

Built in 2017 (1 yr newer than avg)

Located in a above-average income area

with median household income of ~75k

Transit 86.0

2-min walk to transit with 4 nearby routes

Within 500m: 2 dining spots, 1 school, 3 parks, and 1 sports facility nearby