1422 Mathers Bay E

South River Heights, Winnipeg

Property score

83.8

Excellent

Overall 83.8 · Larger and newer than most nearby homes

1,984 sqft (top 19%) · Built in 1963 (4 yrs newer than avg)

Located in a high-income area with median household income of ~138k

Transit 76.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 2 schools, 1 healthcare facility, and 1 shop nearby

Living Area

Above average

25% larger than neighborhood avg.

Year Built

Above average

4 yrs newer than neighborhood avg.

Mother tongue

English · 84%French · 1%

Past 10 years South River Heights sales snapshot (~80% of all data)

Sold Count

330

Median price

507k

$/sqft

$443/sqft

Avg build year

1959

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Property score

83.8 is composed by the two sections below.

Property Score

78.9Good
Living Area92
1,984 sqftExcellent
Year Built46
1963Low
Lot Size81
6,010 sqftExcellent
Neighbourhood Sales Activity48
Low

Community Score

91.1Excellent
Household Income92
Excellent
Education Level91
Excellent
Housing Stress93
Excellent
Core Housing Need100
Excellent
Employment Health76
Good

Neighbourhood Sales

South River Heights

How to read: Share of sales in each ~$50k price band for “south river heights” (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: #46111040

Community deep dive

$138K

Median household income

$160K

Average household income

2%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.4

P90 / P10 ratio

12%

Single-person households

39%

Families with children

Population, labour & age

Population (2021)544
Labour force participation rate65%
Median age47.2
Avg household size2.7
Unemployment rate2%
Population density2863 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households12%
Couple families with children39%
Median household income (2020)$138K

Housing

Renter households4%
Condominium dwellings9%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority13%
Bachelor's or higher (25–64)58%
Mother tongue (1st)English · 84%
Mother tongue (2nd)French · 0%

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

Rankings

Living Area

above average
1,984 sqft
0255075100
Same streetTop 33%Same areaTop 19%CitywideTop 11%
Same street · Mathers Bay E
#43 / 131
Top 33% · Avg 1,816 sqft
Same area · South River Heights
#176 / 919
Top 19% · Avg 1,590 sqft
Citywide · Winnipeg
#21,766 / 194,458
Top 11% · Avg 1,342 sqft

Tax-Assessed Value

Elite
704k
0255075100
Same streetTop 15%Same areaTop 7%CitywideTop 4%
Same street · Mathers Bay E
#20 / 131
Top 15% · Avg 558.6k
Same area · South River Heights
#64 / 919
Top 7% · Avg 502.5k
Citywide · Winnipeg
#7,352 / 194,458
Top 4% · Avg 390.1k

Year Built

above average
1963
0255075100
Same streetTop 37%Same areaTop 13%CitywideBottom 45%

Lot Size

around average
6,010 sqft
0255075100
Same streetTop 39%Same areaTop 40%CitywideTop 31%

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

1422 Mathers Bay E — 8 amenities found within 500 m, across 7 categories, including 1 dining (nearest 462 m), 2 education (nearest 301 m), 1 healthcare (nearest 449 m).

Search radius
🍽️Dining1
🏫Education2
🏥Healthcare1
🛒Shopping1
🌳Parks1
💪Sports1
Worship1

Crime & Safety

South River Heights · WPS public data · 2026

Annual incidents

8

2026

vs. city avg

-73%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Property

88%

Sales History

Sold 11/2024CA$700k–750k
Sold price

Same street

Top 9%

Same area

Top 5%

City-wide

Top 3%
Sold 12/2017CA$550k–600k
Sold price

Same street

Top 31%

Same area

Top 22%

City-wide

Top 9%

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