43 Lakeshore Road

Waverley Heights, Winnipeg

Property score

83.1

Excellent

Overall 83.1 · Larger and newer than most nearby homes

2,455 sqft (top 1%) · Built in 1978

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

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 5 dining spots, 2 schools, 3 parks, and 1 bank/ATM nearby

Living Area

Above average

98% larger than neighborhood avg.

Year Built

Above average

0 yrs newer 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

83.1 is composed by the two sections below.

Property Score

88.5Excellent
Living Area2,455 sqft96Excellent
Year Built197867Good
Lot Size11,274 sqft97Excellent
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

Elite
2,455 sqft
0255075100
Same streetTop 5%Same areaTop 1%CitywideTop 3%
Same street · Lakeshore Road
#2 / 39
Top 5% · Avg 1,524 sqft
Same area · Waverley Heights
#8 / 1,633
Top 1% · Avg 1,239 sqft
Citywide · Winnipeg
#6,359 / 194,458
Top 3% · Avg 1,342 sqft

Tax-Assessed Value

Elite
581k
0255075100
Same streetTop 5%Same areaTop 2%CitywideTop 9%
Same street · Lakeshore Road
#2 / 39
Top 5% · Avg 453.2k
Same area · Waverley Heights
#25 / 1,633
Top 2% · Avg 398.1k
Citywide · Winnipeg
#18,316 / 194,458
Top 9% · Avg 390.1k

Year Built

Elite
1978
0255075100
Same streetTop 3%Same areaTop 18%CitywideTop 35%

Lot Size

Elite
11,274 sqft
0255075100
Same streetTop 5%Same areaTop 2%CitywideTop 4%

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

43 Lakeshore Road — 12 amenities found within 500 m, across 5 categories, including 5 dining (nearest 456 m), 2 education (nearest 191 m), 3 parks (nearest 130 m).

Search radius
🍽️Dining5
🏫Education2
🌳Parks3
🏦Finance1
Fuel Stations1

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 8/2023CA$600k–650k
Sold price

Same street

Top 7%

Same area

Top 1%

City-wide

Top 7%

Related homes

Highlights & common questions: 43 Lakeshore Road, Winnipeg

Property Overview: 43 Lakeshore Road, Waverley Heights

Section 1: Key Characteristics & Appeal

This home stands out for its substantial scale and premium positioning within the established Waverley Heights neighborhood. Its primary appeal lies in offering significantly more space—both indoors and outdoors—than is typical for the area. With 2,455 sqft of living area on an 11,274 sqft lot, it ranks in the top 5% of its own street and the top 2% of the wider neighborhood for size. This creates rare potential for privacy, expansion, or outdoor living in a coveted location.

The property is suited for buyers who value space and established prestige over a brand-new build. It’s an ideal fit for:

  • Growing or multi-generational families seeking ample room in a top-tier neighborhood.
  • Buyers looking for a "land bank" property where the lot itself represents a long-term asset.
  • Those who appreciate an older home (built 1978) with proven, enduring value in an elite enclave, as evidenced by its assessed value ranking well above area averages.

A less obvious perspective is that this home represents a stable, high-caliber asset within its immediate micro-market (Lakeshore Road), where it consistently ranks at the very top for key metrics. It offers a chance to own one of the largest properties on one of the best streets in the area.

Section 2: Frequently Asked Questions

1. Is the home’s assessed value a reliable indicator of its market price?
The assessed value of $581k is a strong benchmark, ranking in the top 5% on its street and top 2% in the neighborhood. It reflects the property’s premium characteristics but is primarily for municipal tax purposes. The final market price will be determined by current conditions, the home’s specific condition, and buyer demand.

2. Given the home was built in 1978, should I expect significant maintenance?
As a home from the late 1970s, a thorough inspection is essential. While the year built is newer than most on its street, key systems like the roof, windows, plumbing, and electrical may be nearing or past their typical lifespan and should be carefully evaluated.

3. What does the large lot size actually mean for me?
At nearly double the street average, the 11,274 sqft lot provides exceptional outdoor space. This allows for possibilities like a large garden, pool, addition, or detached structure (subject to bylaws), which are not feasible on most other properties in the area.

4. The home ranks "Around Average" city-wide for year built. Is that a concern?
Not for this property type. This city-wide ranking includes all home types across Winnipeg. The more relevant data is that on its own prestigious street (Lakeshore Road), it ranks #1, meaning it is actually the newest among its direct, high-value peers.

5. How does this property compare to others nearby?
The provided data shows it is a standout. You can visually compare it to nearby houses in terms of year built, size, value, and lot size by using the link below to open the detailed neighborhood analysis map.

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.