205 Lakewood Boulevard

Southdale, Winnipeg

Property score

81.2

Excellent

Overall 81.2 · Larger but older than most nearby homes

1,790 sqft (top 27%) · Built in 1970 (6 yrs older than avg)

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

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 2 schools, 2 parks, 1 sports facility, and 2 place of worships nearby

Living Area

Above average

14% larger 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

81.2 is composed by the two sections below.

Property Score

76.2Good
Living Area1,790 sqft86Excellent
Year Built197052Fair
Lot Size7,145 sqft88Excellent
Neighbourhood Sales Activity20Low

Community Score

88.7Excellent
Household Income91Excellent
Education Level82Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health68Good

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

above average
1,790 sqft
0255075100
Same streetBottom 40%Same areaTop 27%CitywideTop 18%
Same street · Lakewood Boulevard
#3 / 5
Bottom 40% · Avg 1,562 sqft
Same area · Southdale
#531 / 1,942
Top 27% · Avg 1,569 sqft
Citywide · Winnipeg
#34,143 / 194,458
Top 18% · Avg 1,342 sqft

Tax-Assessed Value

around average
407k
0255075100
Same streetTop 40%Same areaBottom 26%CitywideTop 37%
Same street · Lakewood Boulevard
#2 / 5
Top 40% · Avg 404k
Same area · Southdale
#1,441 / 1,942
Bottom 26% · Avg 458k
Citywide · Winnipeg
#71,270 / 194,458
Top 37% · Avg 390.1k

Year Built

around average
1970
0255075100
Same streetTop 40%Same areaBottom 22%CitywideTop 48%

Lot Size

above average
7,145 sqft
0255075100
Same streetBottom 40%Same areaTop 36%CitywideTop 16%

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

205 Lakewood Boulevard — 7 amenities found within 500 m, across 4 categories, including 2 education (nearest 215 m), 2 parks (nearest 296 m).

Search radius
🏫Education2
🌳Parks2
💪Sports1
Worship2

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 6/2022CA$450k–500k
Sold price

Same street

Top 50%

Same area

Top 19%

City-wide

Top 18%

Related homes

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.