1640 Mathers Bay W

South River Heights, Winnipeg

Property score

78.9

Good

Overall 78.9 · Larger and newer than most nearby homes

2,076 sqft (top 17%) · Built in 1960 (1 yr newer than avg)

Located in a above-average income area with median household income of ~81k

Transit 64.0 · 6-min walk to transit with 2 nearby routes · Within 500m: 2 schools, 3 parks, 2 sports facilitys, and 1 place of worship nearby

Living Area

Above average

31% larger than neighborhood avg.

Year Built

Above average

1 yrs newer than neighborhood avg.

Mother tongue

English · 81%Chinese · 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

78.9 is composed by the two sections below.

Property Score

80.1Excellent
Living Area94
2,076 sqftExcellent
Year Built43
1960Low
Lot Size85
6,833 sqftExcellent
Neighbourhood Sales Activity48
Low

Community Score

77.2Good
Household Income77
Good
Education Level100
Excellent
Housing Stress83
Excellent
Core Housing Need76
Good
Employment Health28
Low

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: #46111038

Community deep dive

$81K

Median household income

$145K

Average household income

7%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.3

P90 / P10 ratio

36%

Single-person households

14%

Families with children

Population, labour & age

Population (2021)794
Labour force participation rate32%
Median age79.5
Avg household size2.0
Unemployment rate0%
Population density1323 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households36%
Couple families with children14%
Median household income (2020)$81K

Housing

Renter households12%
Condominium dwellings59%
Median dwelling value (owners)$296K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority6%
Bachelor's or higher (25–64)67%
Mother tongue (1st)English · 81%
Mother tongue (2nd)Chinese · 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
2,076 sqft
0255075100
Same streetTop 32%Same areaTop 17%CitywideTop 9%
Same street · Mathers Bay W
#42 / 131
Top 32% · Avg 1,816 sqft
Same area · South River Heights
#158 / 919
Top 17% · Avg 1,590 sqft
Citywide · Winnipeg
#17,617 / 194,458
Top 9% · Avg 1,342 sqft

Tax-Assessed Value

Elite
692k
0255075100
Same streetTop 18%Same areaTop 8%CitywideTop 4%
Same street · Mathers Bay W
#24 / 131
Top 18% · Avg 558.6k
Same area · South River Heights
#75 / 919
Top 8% · Avg 502.5k
Citywide · Winnipeg
#7,904 / 194,458
Top 4% · Avg 390.1k

Year Built

above average
1960
0255075100
Same streetBottom 40%Same areaTop 28%CitywideBottom 42%

Lot Size

above average
6,833 sqft
0255075100
Same streetTop 19%Same areaTop 12%CitywideTop 18%

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

1640 Mathers Bay W — 8 amenities found within 500 m, across 4 categories, including 2 education (nearest 208 m), 3 parks (nearest 323 m).

Search radius
🏫Education2
🌳Parks3
💪Sports2
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

1640 Mathers Bay W: 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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