3 Lakeshore Road

Waverley Heights, Winnipeg

Property score

72.0

Good

Overall 72.0 · Larger but older than most nearby homes

1,374 sqft (top 25%) · Built in 1976 (2 yrs older than avg)

Located in a high-income area with median household income of ~100k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 2 dining spots, 1 school, 1 healthcare facility, and 1 shop nearby

Living Area

Above average

11% larger than neighborhood avg.

Year Built

Below average

2 yrs older than neighborhood avg.

Mother tongue

English · 62%Punjabi · 6%

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

72.0 is composed by the two sections below.

Property Score

70.0Good
Living Area1,374 sqft71Good
Year Built197667Good
Lot Size5,735 sqft74Good
Neighbourhood Sales Activity59Fair

Community Score

74.9Good
Household Income85Excellent
Education Level54Fair
Housing Stress74Good
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: #46111191

Community deep dive

$100K

Median household income

$98K

Average household income

10%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.4

P90 / P10 ratio

13%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)423
Labour force participation rate55%
Median age42.0
Avg household size2.9
Unemployment rate11%
Population density2643 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households13%
Couple families with children26%
Median household income (2020)$100K

Housing

Renter households10%
Condominium dwellings0%
Median dwelling value (owners)$384K

Diversity, education & language

Immigrants (share of pop.)26%
Visible minority46%
Bachelor's or higher (25–64)25%
Mother tongue (1st)English · 61%
Mother tongue (2nd)Punjabi · 5%

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

Rankings

Living Area

above average
1,374 sqft
0255075100
Same streetBottom 41%Same areaTop 25%CitywideTop 37%
Same street · Lakeshore Road
#23 / 39
Bottom 41% · Avg 1,524 sqft
Same area · Waverley Heights
#406 / 1,633
Top 25% · Avg 1,239 sqft
Citywide · Winnipeg
#71,951 / 194,458
Top 37% · Avg 1,342 sqft

Tax-Assessed Value

around average
422k
0255075100
Same streetBottom 33%Same areaTop 34%CitywideTop 33%
Same street · Lakeshore Road
#26 / 39
Bottom 33% · Avg 453.2k
Same area · Waverley Heights
#558 / 1,633
Top 34% · Avg 398.1k
Citywide · Winnipeg
#65,035 / 194,458
Top 33% · Avg 390.1k

Year Built

above average
1976
0255075100
Same streetTop 8%Same areaBottom 26%CitywideTop 39%

Lot Size

around average
5,735 sqft
0255075100
Same streetBottom 21%Same areaBottom 41%CitywideTop 38%

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

3 Lakeshore Road — 11 amenities found within 500 m, across 8 categories, including 2 dining (nearest 499 m), 1 education (nearest 128 m), 1 healthcare (nearest 412 m).

Search radius
🍽️Dining2
🏫Education1
🏥Healthcare1
🛒Shopping1
🌳Parks3
🏦Finance1
Fuel Stations1
Worship1

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

3 Lakeshore Road: 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.

Related homes

Highlights & common questions: 3 Lakeshore Road, Winnipeg

Property Overview: 3 Lakeshore Road, Waverley Heights, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 3 Lakeshore Road presents a balanced offering in the Waverley Heights community. Its key appeal lies in its strong positional value within its immediate neighborhood, rather than in leading any single metric by a wide margin.

The 1,374 sqft living space is notably above average for Waverley Heights, placing it in the top 25% of homes in the community, which suggests comfortable interior space for the area. However, on its own street (Lakeshore Road), it sits closer to the average, indicating the street itself may consist of larger properties. The 1976 build year is a standout feature on this street, ranking in the top 8%, meaning it is newer than most of its direct neighbors—a potential plus for systems and structure. The lot size, while slightly below the street average, is consistent with the community norm.

The property tax assessment of $422,000 aligns closely with city and community averages, suggesting a market-consistent valuation that shouldn’t raise red flags for property taxes relative to similar homes.

This home would suit a buyer looking for a well-sized, established home in a mature neighborhood, who values being in a community (Waverley Heights) where the home’s size is an asset, and appreciates having a newer construction year than most houses on its specific block. It’s for those who prioritize neighborhood fit over having the largest lot or the most premium price point on the street.


Section 2: Frequently Asked Questions

1. Is this house a good size for the neighborhood?
Yes. With 1,374 sqft of living space, this home is larger than approximately 75% of comparable properties in Waverley Heights, offering above-average interior space for the community.

2. How does the build year compare to nearby homes?
Built in 1976, this home is newer than most on its own street, ranking in the top 8%. Within the broader Waverley Heights community, it is slightly older than the average home.

3. What does the property tax assessment tell me?
The $422,000 assessment is very close to the average for both the city and the community. This indicates the city’s valuation is in line with the market, providing a reasonable baseline for understanding its value relative to others.

4. Is the lot size typical?
The 5,735 sqft lot is slightly smaller than the average for Lakeshore Road but is very close to the average lot size for the entire Waverley Heights community. It is a standard-sized lot for the area.

5. How does this property rank overall?
It doesn’t lead in all categories but shows consistent, above-average performance in key areas for its community (like living space) and street (like build year). It represents a solid, middle-to-upper range option within its immediate context rather than an outlier.

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.