26 Lakeside Drive

Waverley Heights, Winnipeg

Property score

71.1

Good

Overall 71.1 · Compared with neighbourhood average

1,130 sqft (bottom 45%) · Built in 1977 (1 yr older than avg)

Located in a high-income area with median household income of ~116k

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

Living Area

Near average

9% smaller than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 66%Chinese · 9%

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

71.1 is composed by the two sections below.

Property Score

65.1Good
Living Area1,130 sqft60Fair
Year Built197767Good
Lot Size6,776 sqft85Excellent
Neighbourhood Sales Activity59Fair

Community Score

80.0Excellent
Household Income90Excellent
Education Level54Fair
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health42Low

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: #46110975

Community deep dive

$116K

Median household income

$130K

Average household income

8%

Low income (LIM-AT)

0.4

Income inequality (Gini)

2.9

P90 / P10 ratio

4%

Single-person households

41%

Families with children

Population, labour & age

Population (2021)386
Labour force participation rate52%
Median age40.8
Avg household size3.2
Unemployment rate12%
Population density2573 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households4%
Couple families with children41%
Median household income (2020)$116K

Housing

Renter households7%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)37%
Visible minority38%
Bachelor's or higher (25–64)27%
Mother tongue (1st)English · 66%
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
1,130 sqft
0255075100
Same streetBottom 17%Same areaBottom 45%CitywideBottom 43%
Same street · Lakeside Drive
#29 / 35
Bottom 17% · Avg 1,598 sqft
Same area · Waverley Heights
#904 / 1,633
Bottom 45% · Avg 1,239 sqft
Citywide · Winnipeg
#110,983 / 194,458
Bottom 43% · Avg 1,342 sqft

Tax-Assessed Value

around average
408k
0255075100
Same streetBottom 14%Same areaTop 44%CitywideTop 36%
Same street · Lakeside Drive
#30 / 35
Bottom 14% · Avg 481.3k
Same area · Waverley Heights
#718 / 1,633
Top 44% · Avg 398.1k
Citywide · Winnipeg
#70,801 / 194,458
Top 36% · Avg 390.1k

Year Built

above average
1977
0255075100
Same streetTop 23%Same areaBottom 49%CitywideTop 37%

Lot Size

above average
6,776 sqft
0255075100
Same streetBottom 37%Same areaTop 27%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

26 Lakeside Drive — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 368 m), 2 parks (nearest 265 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 6/2020CA$300k–350k
Sold price

Same street

Bottom 36%

Same area

Top 50%

City-wide

Top 48%
Sold 7/2017CA$300k–350k
Sold price

Same street

Bottom 43%

Same area

Top 48%

City-wide

Top 48%

Related homes

Highlights & common questions: 26 Lakeside Drive, Winnipeg

Property Summary: 26 Lakeside Drive, Waverley Heights

Key Characteristics & Appeal

This 1,130 sqft bungalow, built in 1977, presents a compelling value proposition within the established Waverley Heights neighborhood. Its primary appeal lies in its generous 6,776 sqft lot, which is notably larger than most homes in both the neighborhood and city-wide, offering significant outdoor space and potential. While the living area is modest compared to others on Lakeside Drive, it aligns with the averages for the wider area and city, suggesting a comfortable, manageable footprint.

The property suits two main types of buyers: first, those seeking a lower entry point into a desirable street where they can invest in future renovations or an addition, leveraging the sizable lot. Second, it appeals to buyers who prioritize outdoor space over interior square footage, valuing room for gardens, play areas, or future projects like a garage or workshop. A thoughtful perspective is that its assessed value is below the street average but aligned with the neighborhood, indicating it may offer relative value on a street of generally higher-valued homes, potentially with more reasonable property taxes as a result.

Frequently Asked Questions

1. Is the house smaller than others on the street?
Yes. At 1,130 sqft, the living area is below the street average of 1,598 sqft. However, it is very close to the neighborhood and city-wide averages, indicating a typically sized home for Winnipeg, just on a street with larger-than-average houses.

2. What is the standout feature of this property?
The lot size. At nearly 6,800 sqft, the land area is above average for both Waverley Heights and Winnipeg overall. This is a significant asset for privacy, outdoor activities, or future expansion.

3. How does the assessed value compare?
The assessed value of $408k is below the average for Lakeside Drive but aligns closely with the Waverley Heights and Winnipeg averages. This suggests the valuation reflects the home's size and characteristics more than its prestigious address.

4. Is the home older or newer than most?
Built in 1977, it is typical for its neighborhood and actually newer than the average Winnipeg home. On its own street, it ranks as newer than most, indicating it may be among the more updated original structures in that immediate row.

5. Who would this property not suit?
Buyers seeking a move-in-ready home with interior square footage that matches or exceeds the street's substantial norms may find it too compact. It is best viewed as a solid home with exceptional lot size, ideal for those who see potential in the land or prefer a cozier interior.

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