51 Montclair Bay

Waverley Heights, Winnipeg

Property score

64.0

Fair

Overall 64.0 · Smaller and older than most nearby homes

1,052 sqft (bottom 29%) · Built in 1975 (3 yrs older than avg)

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

Transit 76.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 7 dining spots, 1 school, 8 healthcare facilitys, and 1 shop nearby

Living Area

Below average

15% smaller than neighborhood avg.

Year Built

Below average

3 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

64.0 is composed by the two sections below.

Property Score

56.8Fair
Living Area1,052 sqft52Fair
Year Built197558Fair
Lot Size5,773 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

around average
1,052 sqft
0255075100
Same streetBottom 9%Same areaBottom 29%CitywideBottom 34%
Same street · Montclair Bay
#31 / 34
Bottom 9% · Avg 1,280 sqft
Same area · Waverley Heights
#1,164 / 1,633
Bottom 29% · Avg 1,239 sqft
Citywide · Winnipeg
#129,083 / 194,458
Bottom 34% · Avg 1,342 sqft

Tax-Assessed Value

above average
430k
0255075100
Same streetTop 50%Same areaTop 29%CitywideTop 32%
Same street · Montclair Bay
#17 / 34
Top 50% · Avg 428.2k
Same area · Waverley Heights
#481 / 1,633
Top 29% · Avg 398.1k
Citywide · Winnipeg
#62,140 / 194,458
Top 32% · Avg 390.1k

Year Built

around average
1975
0255075100
Same streetTop 44%Same areaBottom 14%CitywideTop 40%

Lot Size

around average
5,773 sqft
0255075100
Same streetBottom 35%Same areaBottom 42%CitywideTop 37%

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

51 Montclair Bay — 22 amenities found within 500 m, across 8 categories, including 7 dining (nearest 272 m), 1 education (nearest 347 m), 8 healthcare (nearest 409 m).

Search radius
🍽️Dining7
🏫Education1
🏥Healthcare8
🛒Shopping1
🌳Parks2
🏦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

Sold 7/2019CA$350k–400k
Sold price

Same street

Bottom 43%

Same area

Top 38%

City-wide

Top 42%

Related homes

Highlights & common questions: 51 Montclair Bay, Winnipeg

Property Overview

This 1975 home at 51 Montclair Bay presents a solid, value-conscious opportunity in Winnipeg's Waverley Heights neighborhood. With 1,052 sqft of living space on a 5,773 sqft lot, it sits in a context where its assessed value of $430k stands out as above average for the immediate neighborhood, while its size is more modest compared to nearby homes. Its appeal lies in its efficient footprint and a lot size that is manageable yet offers good outdoor potential. This property would suit first-time buyers, downsizers, or practical investors looking for an entry point into a well-established area without the premium for larger square footage. It's a home for those who prioritize value and location over sheer size, understanding that updates may be part of the journey.

Key Details & FAQs

What is the home’s value proposition?
The assessed value is notably above the neighborhood average, but this is balanced by the home's smaller-than-average living area for the street. This suggests you're paying more for the location and lot than for interior space, which could be ideal if you value outdoor room or see potential in expanding the home itself.

How does it compare to neighbors?
The data shows a clear trend: on its specific street, this is one of the smaller homes but with a lot size and value that are competitive. In the broader Waverley Heights area, its value is strong. This indicates a well-regarded location where the land holds significant worth.

Is the lot a good size?
At 5,773 sqft, the lot is consistent with neighborhood averages and offers ample backyard space for gardening, recreation, or future additions, which is a key asset given the home's compact interior size.

What does the year built (1975) indicate?
Built in 1975, the home is typical for its street but is actually newer than many in the wider city. Buyers should budget for maintenance or updates common to homes of this era, such as windows, roofing, or mechanical systems, while also benefiting from potentially more modern construction techniques than older Winnipeg stock.

Where can I see more detailed comparisons?
For a visual analysis of how this property compares to its immediate neighbors on factors like year built, lot size, and value, you can open the dedicated neighbourhood map analysis page.

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.