124 Edgewater Drive

Southdale, Winnipeg

Property score

65.1

Good

Overall 65.1 · Smaller and older than most nearby homes

933 sqft (bottom 1%) · Built in 1970 (6 yrs older than avg)

Located in a high-income area with median household income of ~127k

Transit 82.0 · 5-min walk to transit with 5 nearby routes · Within 500m: 1 dining spot, 1 healthcare facility, 3 shops, and 5 parks nearby

Living Area

Below average

41% smaller than neighborhood avg.

Year Built

Below average

6 yrs older than neighborhood avg.

Mother tongue

English · 72%French · 11%

Past 10 years Southdale sales snapshot (~80% of all data)

Sold Count

548

Median price

490k

$/sqft

$325/sqft

Avg build year

1976

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

65.1 is composed by the two sections below.

Property Score

49.4Low
Living Area42
933 sqftLow
Year Built52
1970Fair
Lot Size85
6,818 sqftExcellent
Neighbourhood Sales Activity20
Low

Community Score

88.7Excellent
Household Income91
Excellent
Education Level82
Excellent
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

Neighbourhood Sales

Southdale

How to read: Share of sales in each ~$50k price band for “southdale” (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: #46110517

Community deep dive

$127K

Median household income

$154K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

12%

Single-person households

32%

Families with children

Population, labour & age

Population (2021)1,083
Labour force participation rate60%
Median age48.0
Avg household size2.7
Unemployment rate4%
Population density2461 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households12%
Couple families with children32%
Median household income (2020)$127K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority11%
Bachelor's or higher (25–64)45%
Mother tongue (1st)English · 72%
Mother tongue (2nd)French · 10%

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

Rankings

Living Area

below average
933 sqft
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 19%
Same street · Edgewater Drive
#77 / 78
Bottom 1% · Avg 1,915 sqft
Same area · Southdale
#1,918 / 1,942
Bottom 1% · Avg 1,569 sqft
Citywide · Winnipeg
#156,789 / 194,458
Bottom 19% · Avg 1,342 sqft

Tax-Assessed Value

around average
377k
0255075100
Same streetBottom 5%Same areaBottom 10%CitywideTop 45%
Same street · Edgewater Drive
#74 / 78
Bottom 5% · Avg 529.7k
Same area · Southdale
#1,752 / 1,942
Bottom 10% · Avg 458k
Citywide · Winnipeg
#87,097 / 194,458
Top 45% · Avg 390.1k

Year Built

around average
1970
0255075100
Same streetBottom 26%Same areaBottom 22%CitywideTop 48%

Lot Size

above average
6,818 sqft
0255075100
Same streetBottom 13%Same areaTop 48%CitywideTop 19%

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

124 Edgewater Drive — 15 amenities found within 500 m, across 7 categories, including 1 dining (nearest 497 m), 1 healthcare (nearest 431 m), 3 shopping (nearest 463 m).

Search radius
🍽️Dining1
🏥Healthcare1
🛒Shopping3
🌳Parks5
💪Sports2
🏦Finance2
Worship1

Crime & Safety

Southdale · WPS public data · 2026

Annual incidents

12

2026

vs. city avg

-59%

relative to avg

Year-over-year

-96%

vs. prior year

Primary type

Property

83%

Sales History

Sold 11/2017CA$300k–350k
Sold price

Same street

Bottom 1%

Same area

Bottom 9%

City-wide

Bottom 42%

Related homes