35 Lakeside Drive

Waverley Heights, Winnipeg

Property score

77.9

Good

Overall 77.9 · Larger than most nearby homes

1,347 sqft (top 27%) · Built in 1977 (1 yr older than avg)

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

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

Living Area

Above average

9% larger than neighborhood avg.

Year Built

Near average

1 yrs older 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

77.9 is composed by the two sections below.

Property Score

72.9Good
Living Area1,347 sqft71Good
Year Built197767Good
Lot Size8,995 sqft93Excellent
Neighbourhood Sales Activity59Fair

Community Score

85.3Excellent
Household Income86Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health76Good

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

above average
1,347 sqft
0255075100
Same streetBottom 40%Same areaTop 27%CitywideTop 39%
Same street · Lakeside Drive
#21 / 35
Bottom 40% · Avg 1,598 sqft
Same area · Waverley Heights
#435 / 1,633
Top 27% · Avg 1,239 sqft
Citywide · Winnipeg
#75,240 / 194,458
Top 39% · Avg 1,342 sqft

Tax-Assessed Value

Elite
528k
0255075100
Same streetTop 26%Same areaTop 5%CitywideTop 16%
Same street · Lakeside Drive
#9 / 35
Top 26% · Avg 481.3k
Same area · Waverley Heights
#75 / 1,633
Top 5% · Avg 398.1k
Citywide · Winnipeg
#30,313 / 194,458
Top 16% · Avg 390.1k

Year Built

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

Lot Size

above average
8,995 sqft
0255075100
Same streetTop 9%Same areaTop 8%CitywideTop 8%

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

35 Lakeside Drive — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 432 m), 2 parks (nearest 304 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 1/2022CA$550k–600k
Sold price

Same street

Top 21%

Same area

Top 2%

City-wide

Top 8%

Related homes

Highlights & common questions: 35 Lakeside Drive, Winnipeg

Property Overview: 35 Lakeside Drive, Waverley Heights

Key Characteristics & Appeal

This home at 35 Lakeside Drive presents a compelling blend of space, location, and value within Winnipeg’s Waverley Heights neighborhood. Its primary appeal lies in its generous, above-average lot size of nearly 9,000 sqft—a standout feature placing it in the top 10% of comparable properties on its street, in the neighborhood, and citywide. This offers significant outdoor potential, from gardening to expansion.

The 1,347 sqft living area is thoughtfully sized, being above the neighborhood average yet manageable. Financially, the property stands out with an assessed value that ranks in an elite tier for the neighborhood (top 5%), suggesting it is a premium home in a desirable area. Built in 1977, it is typical for its street but newer than the Winnipeg average, likely offering a balance of established character and modern livability.

This property would best suit buyers seeking a established home in a mature neighborhood who prioritize land size and perceived value over sheer square footage. It’s ideal for someone looking for outdoor space, potential future projects, and a home that holds a strong, above-average position within its local market.


Frequently Asked Questions

1. Is the living space small for the street?
The living area is slightly below the street average but is actually above the average for the wider Waverley Heights neighborhood. This suggests the home offers efficient, comfortable space while the value is driven more by its land and location.

2. What does the "elite" assessed value ranking mean?
It means this home’s assessed value is higher than 95% of comparable properties in Waverley Heights. This typically indicates a premium property within the area, possibly due to its large lot, specific location on Lakeside Drive, or upgrades.

3. Is the 1977 build date a concern?
The year built is exactly the street average, indicating the home is typical for this established area. Buyers should expect features and systems consistent with a late-1970s build and plan for a thorough inspection.

4. How significant is the lot size?
Very. The lot is substantially larger than averages at every comparison level. This is the home's most distinguishing physical characteristic, offering more privacy, yard space, and potential than most nearby properties.

5. Who would this home not suit?
Buyers seeking a very large interior or a brand-new, low-maintenance build may find it less ideal. Its appeal is geared toward those who value land and location, and are comfortable with a home of a classic era.

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