11 Lakeside Drive

Waverley Heights, Winnipeg

Property score

72.8

Good

Overall 72.8 · Newer than most nearby homes

1,140 sqft (bottom 45%) · Built in 1978

Located in a high-income area with median household income of ~104k

Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 1 school, and 2 parks nearby

Living Area

Near average

8% smaller than neighborhood avg.

Year Built

Above average

0 yrs newer than neighborhood avg.

Mother tongue

English · 59%Chinese · 10%

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

Sold Count

627

Median price

415k

$/sqft

$333/sqft

Avg build year

1978

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Property score

72.8 is composed by the two sections below.

Property Score

64.5Fair
Living Area60
1,140 sqftFair
Year Built67
1978Good
Lot Size81
6,210 sqftExcellent
Neighbourhood Sales Activity59
Fair

Community Score

85.3Excellent
Household Income86
Excellent
Education Level82
Excellent
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health76
Good

Neighbourhood Sales

Waverley Heights

How to read: Share of sales in each ~$50k price band for “waverley 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: #46110976

Community deep dive

$104K

Median household income

$125K

Average household income

8%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.1

P90 / P10 ratio

13%

Single-person households

37%

Families with children

Population, labour & age

Population (2021)567
Labour force participation rate69%
Median age40.8
Avg household size3.0
Unemployment rate8%
Population density2362 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households13%
Couple families with children37%
Median household income (2020)$104K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)23%
Visible minority31%
Bachelor's or higher (25–64)49%
Mother tongue (1st)English · 59%
Mother tongue (2nd)Chinese · 9%

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

Rankings

Living Area

around average
1,140 sqft
0255075100
Same streetBottom 20%Same areaBottom 45%CitywideBottom 44%
Same street · Lakeside Drive
#28 / 35
Bottom 20% · Avg 1,598 sqft
Same area · Waverley Heights
#895 / 1,633
Bottom 45% · Avg 1,239 sqft
Citywide · Winnipeg
#109,190 / 194,458
Bottom 44% · Avg 1,342 sqft

Tax-Assessed Value

around average
425k
0255075100
Same streetBottom 23%Same areaTop 32%CitywideTop 33%
Same street · Lakeside Drive
#27 / 35
Bottom 23% · Avg 481.3k
Same area · Waverley Heights
#521 / 1,633
Top 32% · Avg 398.1k
Citywide · Winnipeg
#63,965 / 194,458
Top 33% · Avg 390.1k

Year Built

above average
1978
0255075100
Same streetTop 11%Same areaTop 18%CitywideTop 35%

Lot Size

above average
6,210 sqft
0255075100
Same streetBottom 11%Same areaTop 40%CitywideTop 27%

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

11 Lakeside Drive — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 329 m), 2 parks (nearest 291 m).

Search radius
🏫Education1
🌳Parks2

Crime & Safety

Waverley Heights · WPS public data · 2026

Annual incidents

14

2026

vs. city avg

-53%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

50%

Sales History

Sold 7/2017CA$350k–400k
Sold price

Same street

Top 50%

Same area

Top 35%

City-wide

Top 41%

Related homes

Highlights & common questions: 11 Lakeside Drive, Winnipeg

Property Overview & Appeal

This bi-level home at 11 Lakeside Drive in Waverley Heights is a practical and well-situated property. Its key characteristic is a renovated basement, adding valuable finished space to the 1,140 sqft living area. The lot is a notable strength, as its 6,210 sqft size places it in the top 11% for the street, offering more outdoor space than most nearby homes. Built in 1978, the house is older than many on its street but maintains a solid assessed value that ranks well within the wider neighbourhood and city.

The appeal lies in this balance of a generous, established lot in a mature neighbourhood, combined with the move-in ready benefit of a renovated lower level. It would suit first-time buyers or downsizers looking for a manageable bi-level layout without a major project, and who prioritize private outdoor space over a brand-new build. A thoughtful perspective is that while the home itself is of average size and age for the area, the above-average lot size provides a rarity: room to grow, garden, or simply enjoy more privacy, which is often harder to find in established communities.

Frequently Asked Questions

1. How does the property’s value compare to recent sales?
The home was last sold in July 2017 for $37,200. Its current assessed value is $42,500, which is in line with or slightly above other similar-sized homes in Waverley Heights, as shown in the comparable listings.

2. Is the lot size a significant advantage?
Yes. At 6,210 sqft, the land area is larger than approximately 90% of other lots on Lakeside Drive. This is a distinct feature for the location, offering more yard space than is typical.

3. What should I consider about the home’s age?
Built in 1978, the home is older than about 80% of other houses on its street. While the basement has been renovated, a prospective buyer should factor in the potential future maintenance or updates common to homes of this era, such as roofing, windows, or major systems.

4. How does the living space compare to the neighbourhood?
At 1,140 sqft, the living area is fairly standard, sitting near the middle of the range for both Waverley Heights and Winnipeg overall. The renovated basement effectively increases the usable space beyond this figure.

5. What is the context of the provided "rankings"?
These rankings compare this specific property against all others on its street, in its neighbourhood, and across Winnipeg for metrics like lot size, year built, and assessed value. They are useful for understanding how this home’s features stack up in a broader context, showing where it stands out (like lot size) and where it is more typical (like living area).